One of the big reasons IP law exists as it was to encourage people to not hide innovations and keep them secret to themselves. If anything you (not you specifically as a person) spend time and resources to create can be trivially taken away from you if people know about it, you then either have to keep it secret or you simply have no incentive to make anything new. Now if your argument is that current IP law has been totally perverted and abused to extreme levels and should be completely redone, you'll get no argument from me. Just killing IP laws entirely would pretty much break our current society. Maybe out of that chaos would come something better, but make no mistake, shit would be fucked in the meantime.