One thing that it does do is take away the turntable GUI (or hardware) and replace it with a two-field upload form, radically reducing the amount of know-how required to perform beat-matching. That's just really scratching the surface of what a lot of "live" DJs do (as they're called these days), as many are bringing instruments like drums and saxophones (see Big Gigantic[1]), keyboards and vocoders (see Lorenz Rhode[2]), their voice (see Gallago[3]), and traditional African drums (see Black Motion[4]), let alone simple song selection and set progression - "reading the crowd".
[1] https://www.youtube.com/watch?v=TkxMjfYOE-g
[2] https://www.youtube.com/watch?v=vwf2uvWlL_c
[3] https://www.youtube.com/watch?v=wmCFPjwlxIU
[4] https://www.youtube.com/watch?v=zHEc9uA2Zmw
When the tool comes along that can style-transfer two songs in the same way that it can for images, then I will admit that AI is on the verge of taking our music-creating/music-playing jobs. But for now, I'm satisfied that there's a bit more to the depth of DJing than that what an AI can learn.