It moves artists so far "up the stack" that being an artist becomes redundant.
If C-level execs could just ask their computer to generate the exact website they wanted, there would be a lot less web devs out there.
Tools allow _skilled professionals_ to do their job better. The existence of GCC doesn't make the average Joe a programmer; it makes programmers more productive.
DALLE allows any schmuck with zero artistic talent to generate their own art. It obviates the need for artists.
DALLE is to artists what self-driving cars are to truckers.