Wishful thinking.
What it will do is it will spoil it for 99% of small time artists that still managed to make a living out of it. It will drown audience with slop and make them not care for new releases even more.
That "artists" idea is that the Monet's will survive, but art is not a rat race where just the Monets need apply. A healthy art scene needs all kinds of creators, at different levels, and needs to be able to sustain a decent above-average quality chunk of them. Not just the Monets.
Not to mention it seems like the pretentious artist in the discussion sees themselves as some outlier Monet type that will be fine.
Why?