No, IP should absolutely have some protections. Invent a hot new thing and giant-corp immediately out markets and produces you into oblivion. With zero protections innovation would be completely stamped out. Totally gone, not just harmed. No more new things because it would be immediately stolen so why bother.
That said, current IP laws are absolute BS and need to be cut back tenfold. None of this century of protection BS. For the lifetime of the creator, non-transferable. You can sell rights to use it but you cannot relinquish your ownership and creator status. Those are my hills but I’m not willing to die on them either.