It would be a good thing that it removes incentives for the creators to create. Read between the lines: for the majority of current low-content creators, who are driven by the incentives that exist today.

That would leave us with another set of new creators that would emerge, those people who would be driven just by the desire of sharing a tiny piece of their lives or knowledge, purely for the fun of it, without needing more incentive than the joy of doing it.

you know... like the internet was in the begining.

I'd like seeing that :)