If that is your way of saying that AI will remove the possibility for humans to create music full time due to there being no money anymore in music then sure.
> I don't disagree that these things exist, but I do believe that these are mostly propped up by dynamics that will soon no longer exist.
Which are?
I can see a similar thing playing out with music. There will still be some token demand, but people will not pay the same when they can have a magic, infinitely producing on-demand, tailored-to-their-taste music machine, at vanishingly small marginal costs.
Good for consumers is highly debatable since we'd lose one more social connection in life. Something we are running a very high debt tab for already.
We would also lose musical knowledge since all the full-time musicians would have to stop playing. Only amateur musicians would remain.
And the "desired lifestyle" / "desired status" would be transferred to the already very, very rich and powerful AI company CEOs. Such an improvement ...