The consequence being that for everyone complaining that AI is disrupting artists right now: these will, in hindsight, be the halcyon years. Even if we assume the copyright arguments hold water in court and AIs trained on other people's copyrighted material are ruled poison-fruit machines, the end result isn't the end of synthesizing-AIs... It's synthesizing-AIs only being owned by people with a big enough data portfolio to train them. Techno-anarchy replaced with techno-corporatocracy, and the smaller-volume artists still lose on being unable to out-produce their competition in an art market.
To the extent that art intersects capitalism, that matters (even if the second artist is charging thousands per work; when your price is too high, people can't buy, so the artist charging dozens or hundreds per work but making 5,000 a year can sell to all the people who can't afford five-works-a-year).