The question is, why are you doing art?
- Because you enjoy it
- Because you get pats in the back from people you share it with
- Because you want to earn money from it
The 1st one will continue to be true in this dystopian AI art future, the other not so much.
And sincerely I find that kind of human art, the one that comes from a pure inner force, the more interesting one.
EDIT: list formatting
You seem to forget that most artists enjoy it but due to the structure of our society are forced to either give it up for most of their waking life to earn money or attempt to market their art to the masses to make money. This AI stuff only makes it harder for artists to make any kind of living off of their work.
Like every previous invention that improves productivity (cf. copiers, steam power, the wheel), this wave of AI is making certain forms of labor redundant, creating or further enriching a class of industrialists, and enabling individuals to become even more productive.
This could create a golden age, or a dark age -- most likely, it will create both. The industrial revolution created Dickensian London, the Luddite rebellion & ensuing massacres, and Blake's "dark satanic mills," but it also gave me my wardrobe of cool $30 band T-shirts and my beloved Amtrak train service.
Now is the time to talk about how we predict incentive structures will cause this technology to be used, and what levers we have at our disposal to tilt it toward "golden age."
Also, these productivity gains arent used to reduce working time for the same number of people, but instead to reduce the number of people needed to do the same amount of work. Working people get to see the productivity benefits via worsening material conditions.