alt Hacker NewsI think of it more as that AI will destroy the profit motive in all things, not just art. What we used to think of as talent/skill/experience will no longer be scarce, because anyone will be able to make anything with a prompt. The perceived value will be in wholes built of valueless parts (gestalts).
AI is incompatible with capitalism, but the world isn't ready for that. So we'll have a prolonged period of intense aggregation where more and more value is attributed to systems of control that already have more than they could ever spend, long after the free parts could have provided for basic human needs.
In other words, the masters existed because they had benefactors and a market for their art and inventions. Today there are better artists and inventors toiling in obscurity, but they won't be remembered because they merely make rent. Which gets harder every day, so there's a kind of deification of the working class hero NPC mindset and simultaneously no bandwidth for ingenuity (what we once thought of as divine inspiration).
Terence McKenna predicted this paradox that the future's going to get weirder and weirder back in 1998:
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On the contrary, the talent will be more scarce because there is no longer a motivation to acquire it in the first place.
(McKenna tangent). I like this version of that talk. https://www.youtube.com/watch?v=hL0yfxDe6jE. It's about 12 minutes and animated with some hand-drawn whiteboard drawings. Good stuff.