Some days it feels like I'm the only hacker left who doesn't want government mandated watermarking in creative tools. Were politicians 20 years ago as overreative they'd have demanded Photoshop leave a trace on anything it edited. The amount of moral panic is off the charts. It's still a computer, and we still shouldn't trust everything we see. The fundamentals haven't changed.
Lest we forget another item missing from the list: they want to be paid when you link to them!
That is a separate opinion, but with respect to the question at hand, the utilitarian value of being able to ask a computer "what are the lyrics to x" and having it produce them outweighs whatever small ideological sanctity the music labels assign to being able to gatekeep the written words of a composition to a small blessed few. It's not like chat gpt is serving up the mp3 file to you. So correct, it is insane to me that mere reproduction of just the lyrics is afforded such weighty copy protection.
(Vis a vis, I take it you write a certified letter to Universal before reproducing Happy Birthday in public? ;) That is actually a far more egregious violation indeed, as it is both a performance of the copyrighted work and in front of an audience - neither of which are the case for the chatbot - yet one we all seem to understand to be fair use.