I may as a composer be biased but AI "generating" music is just sad. The hypocrisy is that musicians have been suing each other for intellectual property reasons, while this thing is being trained on everyone's music. The law should catch up on this. I get that it's going to improve but for now it's also just elevator/supermarket music.
It's an artform so its natural for a composer to have the same reaction as a painter would to Stable Diffusion for example. That being said - it's happening, and nothings going to stop it regardless of which side of the fence people sit on.
(I’m not saying there’s reason for AI development in general to stop, but these generative things that are designed to slot neatly into the role of human artists specifically have no reason to be developed further beyond proving it was possible, and that happened a while ago.)