You’re repeating some talking points which are simply misinformation. An author who makes something “for hire”, like an employed journalist, does not own the copyright. Do you believe that construction workers benefit when rents go up?

Copyrights are called intellectual property, because they work a lot like physical property. Employees create them and employers own them. They are bought and sold. A disproportionate share of property belongs to rich people, which is how they are rich.

This is about funneling more wealth to property owners. The idea that this would benefit anyone else is simply the good old trickle-down. It will not happen.