It's a non-human algorithmic mish mash of a bunch of stuff, there is no human quality to it or years of effort to reach new heights. AI will not make "new" music in the sense that it will make a trumpet song that escapes our current understanding of a trumpets limit like how a once in a generation player will come along and move the ceiling up.
It's an omellete. There is no Dolly Parton behind an AI Jolene or a Michael Jackson turning a 4 track tape into a musical masterpiece. The journey and personalities are what contextualize the sound, without AI that context is gone. That's why I think it will just be used for cafes and things like that where they want to escape licensing fees.
As for consumers - I believe people will see AI music consumption as a way of supporting the new technological powers that be, and the act of listening to human-made music will have an element of counter-culture baked into it. I'm a professional musician and I have a very physical reaction to sound. Once I know it's AI my goosebumps fade.
Another lame incarnation of a tech that will also fade like crypto and everything else. The types of personalities who will leverage this tech are not the same personalities that make the greats.
I'm not worried.