No, because if the information is public domain, then anyone can freely copy and redistribute it. Nobody could incent anything, because as soon as you do, its public, and anyone can copy it. Nobody could create unique software, because anyone could copy it.

If an artist or creator has a unique original idea, then in your system, it is automatically public, and free for anyone to copy and redistribute.

Nobody will give a shit who the original is, if they can get the exact same thing for cheap or for free.

In the 90s, everyone knew who the original artists for music was. They still all downloaded it for free, because they could, and it was not even legal.

So, i'm afraid you're living in a fantasy world with this idea.

Intellectual property is important. But, I think it is too highly enforced in some cases and not enough in others. For example, I believe it should be the law that anyone could make an operating system fully compatible with windows, and that windows should be force to provide all information to allow that, as otherwise they have an unjust monopoly.

There are other cases like that, like, I believe every nation should make it mandatory that all social media algorithms are publicly declared, able to be copied, and able to be tested to make sure the declared algorithm is correct. This way they cant be biased to brainwash people.

But your idea goes too far, as it completely.destroys anybody's ability to make profit off ideas.

The result will be that people keep ideas to themselves.