Your command is completely incorrect. The output format is not rawvideo and you don’t need the bitstream filter h264_mp4toannexb which is used when you want to convert the h264 contained in an mp4 to the Annex B format used by MPEG-TS for example. What you want to use instead is the aac_adtstoasc for the AAC streams.
ffmpeg -i http://.../playlist.m3u8 -c copy -bsf:a aac_adtstoasc output.mp4