I have to admit that I did not see it coming. Ignorant of AI's capabilities, I always imagined it to automate away our boring, mechanical, repetitive stuff. Which in some hopeful utopian scenario would mean that we could focus on the humanities: family, health/sports, culture and anything creative.
For AI to come for art, at the very core of our humanity (the oldest cave painting is 64K y/o) is quite the confrontation indeed. One that will rapidly escalate more broadly (poetry/writing, photography, cinema, music) and more deeply. The amount of AI art will explode, in turn serving as input for even more AI art.
The speed at which this will happen suggests to me we need to be far more alarmist in coming up with answers to many questions. Philosophical, legal, socio-economical, etc.
I really think the attitude "I'm not an artist so this will only benefit me" is shortsighted, and I'm saying that as a non-artist myself. It's like we're at the beginning of a very short and steep exponential curve of total disruption.