It's a whole operating system complete with accessibility, hardware abstraction, a bunch of core apps etc. I think it's a false equivalence that you can hack on a replacement system without similar "investmen"
In any case, were google turn malicious, it wouldn't only be in the interest of individuals to maintain a fork, plenty of companies are invested in the health of the platform that will help out.
Maintaining a fork of AOSP is hardly viable for the FLOSS community. We already have Linux; adjusting it to phones is much easier.