Chess is not a spectator sport. Full stop. Top-level players owe nothing to anyone.
Except themselves. And it's precisely the top-level players who stand to gain from an increase in the popularity of chess.
So maybe let them offer their input instead of trying to foist an irresponsible and poorly-conceived, massive change on them. If the proposed changes went into effect, my first instinct would be to quit "chess". I doubt I'm the only one. How does that benefit anyone?
You would be correct to put me in the category of the "emergency brake" is a really cool feature of chess. It is in no way a bug.