I think the biggest issue with AI generated art is that it allows corporate folks (marketers, etc) the ability to create exactly what they want without any involvement/pushback from artists. Often the agenda of artists is do create something nice for everyone, whereas corporate folks only want to extract as much wealth as possible. Without artists in the loop, we'll only get more and more of the corporate agenda.
Things are complicated though. So remains to be seen how this evolves, :shrug: