Hopefully it’s just an Object of Power and not a sentient carpet like from Aladdin.

Imagine if someone came up to you, unraveled your meaty squishy wet insides, and made you into a grotesque form of human flesh suit

This meme is a horror story.

Flying carpets clearly fly because of the runes and symbols knitted into their design. This would not work in real life.

Carpets are woven, not knitted. To preserve the power, fold in half, stitch partway up each side to form batwing sleeves, and cut a careful slit in the center of the fold to poke your head through. Less flexible than a knit sweater but still warm and more likely to fly.

Now make gloves so you can punch with the force needed to fly

That sweater would be so thick and scratchy.