>If I could rip K-Pop Demon Hunters with a screen capture app to obtain a file I could share with a friend, I still wouldn't do it.

Well no, because the lack of DRM wouldn't just mean you can manually screen record netflix. It also means you (or someone else) can write an app to screen record netfilx for you, or skip that altogether, similar to something like yt-dlp. After all, if somebody wants to rip youtube (DRM free), they don't screenrecord it, they find some random website/tool off google.