You are entitled into your world view. What I personally would prefer to see would be laws that strengthened individual copyright and weakened the predatory behavior of big players who copyright and patent every single thing.
I see the ability for trillion dollar companies to wash their hands of any wrong doing for stealing all the intellectual property of the world as incredibly dangerous for innovation in the US.
So for me I would rather see reform then an abandonment. There wouldn't be much of anything to pirate if there was no incentive or protection to create in the first place.
In my mind the biggest threat the average person faces would be billionaires who can operate with impunity. Rather then a fine for pirating a book or a movie. It would be nice if the fines were proportionate to the value of the item... I digress