It's easier than ever to be a p99.999% oil painter, but compared with p99.999% film directors basically no one cares at all. Because painting is not in high demand, and film still is, for now.
If the demand for your certain kind of writing vastly diminishes, it is your detriment. AI's supply effect is changing the demand.
George Eliot already wrote a p99.99999% novel, Middlemarch. It is only thanks to massive population growth that the number of readers of her novel has increased or remained steady. As a proportion of the population, Middlemarch has no readership, and is a side show of a side show. It has almost completely lost its once hallowed place in society and culture.