Certainly an applicable analogy - all the people whose standards are low enough to use a doctored-up JPEG as a logo now have a free solution. The rest of us who'd prefer a vector graphic, or maybe a .ai or .psd, will continue paying for quality output and the ability to have a rapport about aesthetics.
When you pay a person, you're paying for more than the output. Maybe they'll use a GPT/LLM model behind the scenes, but I also use bucket-loads of coffee behind the scenes. That doesn't mean a bag of Stumptown can build your analytics architecture.