This is a perfect example of an arms race where one side has no governor (my hat tip to the earlier Jefferson reference). James succinctly described the rationale and process by which DCMA laws came into being. However, the fatal flaw is that DCMA enforces no penalty for excessive false positives. Consequently, as a content owner, it is in my best interest to take down first and ask (actually, they never ask) questions later. Businesses are driven to maximize the value of their product. Creating scarcity is a straightforward and easily understood concept. DCMA is just one more tool by which a business can achieve this goal.
That said, creating a monopoly was and is to a degree, another time-honoured tradition of creating scarcity and maximizing value. However, that was legislated as illegal. Likewise, there is an opportunity to amend DCMA and create a governor that addresses egregious false positive offenders. The penalties could be administrative, lose their privilege to use automated take downs (e.g., take away their toys) or even financial. Effectively, you would create a new line to quote James that balances the process.
Will this happen? Unlikely unless organizations with influence and money are consistently impacted by the current law. Other than the rare case as we've seen here, that has not happened and the status quo is likely to remain.