People are attached to ownership, monetization and maybe the physical embodied act of creating. The cave painters aren't going to riot against the invention of oil paint if it makes their lives easier and guitarists aren't rioting at synthesized guitar sounds.

AI creates art that it has seen, but if the artist style or composition of styles don't exist in the training set, you're not going to get that output. Good luck getting an AI to generate Henry Kaiser's music.
https://v.nostr.build/O4lxQ.mp4

Maybe this will incentivize the creation of novel art. Would it be monetizable? Maybe not, but if you want to create unique art, you're always going to have to continually create things not in the training set.