As an experiment, this is cool. As actual usage? I enjoy making stories up (or misremembering existing ones) for my daughter. The human touch is valuable to me. I also wonder: many well-loved stories of today started as a story the writer was telling his/her children; one example is The Hobbit. What if Tolkien had thought "screw this, I'm overworked and tired, I'll just type some prompt for ChatGPT and it will be eno…
Amateurs, however, do need the help. Not everyone is a born story teller, but if you have a story to tell and need help telling it, ChatGPT can fill in those gaps for you.
It might not be a work of art like LOTR, but you'll most likely just be getting tips and hints on how to format better.