Just yet another problem with academia that needs to be solved. This system leads to all sorts of academic dishonesty such as reviewing rings. It's at least partially responsible for the sheer number of bad papers being published today. Disrupting it is a good thing.
> If they disappeared tomorrow, there would be a breakdown in institutional funding, there would be chaos in editing, publishing, discovering and vetting information, and it would actually be harder to access information.
It's okay. Just let the whole thing break down. Eventually it'll sort itself out.
> Sci-Hub distributes information that paid journals have already done the work to curate.
This curation is just gatekeeping done by peer reviewers. All they need to do is set up a blog and start gatekeeping it. Good papers get posted there, bad papers don't.
I really don't see why it has to be any more complicated than that.
> But throwing the baby out with the bathwater isn't a better solution.
It's certainly better than sitting around waiting for a multi-billion dollar industry of copyright monopolists to get even richer and powerful.