You are assuming intellectual property has intrinsic basis when it's at best functional not foundational. It's only useful if the net value to society is positive which is extremely dubious.
Intellectual property is supposed to feed creativity by securing for creators exclusive rights to benefit from their creation. It mostly feeds uncreative leaches whose business it is to own things in exchange for crumbs for the creativity and drags down both the inherent enjoyment of the fruits of creativity and even its creation. It belonged in the bin back when we first thought of it as is only going to be more unfit for purpose as time goes on.