How is this in any way, shape, or form a promotion of the arts and sciences anymore?

This could very easily be turned into a preservation and archiving operation with just a tweak of the laws, or a carve-out.

And make the bank once, and make it legal to train on? How people in the bank get compensated is a different question, but -while almost impossible to settle on an individual basis- could be settled reasonably in bulk by some form of mandatory implied statutory contract?