We're in truly unprecedented territory and don't really have an historical analogue to learn from.
Also, we told we were going into an age where anyone with $3000 for a PC/Mac and the software could edit reality. Society's ability to count on the authenticity of a photograph would be lost forever. How would courts work? Proof of criminality could be conjured up by anyone. People would be blackmailed left, right and center by the ability to cut and paste people into compromising positions and the police and courts would be unable to tell the difference.
The Quantel Paintbox was released in 1981 and by 1985 was able to edit photographs at film grain resolution. Digital film printers, were also able to output at film grain resolution, this started the "end of society", and when photoshop was introduced in 1990 it went into high gear.
In the end, all of that settled and we were left with, photographers just using Photoshop.
And I actually thought photographers were extinct a long time ago by every human holding a cellphone (little to no need to know about lens apertures, lighting/shadows to take a picture). Its probably been a decade since I've seen anyone hauling around photograph equipment at an event. I guess some photographers still get paid good money, but they're surely multiples less than there were 10-20 years ago.
The NLP (Natural Language) is the killer part of the equation for these new AI tools. Simple as knowing English or any other natural language, to output an image, an app or whatever. And it's going to be just like cellphone cameras and photographers, the results are going to get 'good enough' that its going to eat into many professions.
Computing has always been a generalist technology, and every improvement in software development specifically has impacted all the fields for which automation could be deployed, expanded the set of fields in which automation could economically be deployed, and eliminated some of the existing work that software developers do.
And every one one of them has had the effect of increasing employment in tech involved in doing automation by doing that. (And increased employment of non-developers in many automated fields, by expanding, as it does for automation, the applications for which the field is economically viable more than it reduces the human effort required for each unit of work.)
You might as well be worried the invention of the C compiler hurt jobs for assembly programmers.