I hate it but it's also something that everyone knew was coming. Great for memes though.
I'm also sure that ever since the industrial revolution happened everyone took a look at their news source at the time, saw the headlines that said "NEW MACHINE CAN DO X STUFF!" and thought "nah, they will never replace humans" as a cold sweat dripped down their eyeballs.
It's not a matter of "if", it's a matter of "when" , i can see artists losing visibility due to people dumping AI-generated smut into a site like, say, Danbooru or Pixiv, i can also see them losing comissioners because they can generate what they want in a faster (albeit not that refined, for now) manner. It will affect people in more ways than just "oh, it draws better than me". Imagine being a concept artist watching this shit churn out content way faster than you can.
I'm sure you can also open other cans of worms and go into the "is it art even if a machine made it?" or "artists learn from their own sources and so do machines, what's the difference?" but i feel like that discussion would be overly subjective.
That said, we are kinda already governed by a hand-rubbing AI that will happily replace a human with a machine the moment it becomes profitable to do so, so i can see what's coming down the pipeline next.