So, in regards to the whole AI industry exploding in expansion, my personal opinion on the matter is that it will result in the following (especially state side in the US):
Corporate America (and probably further) will embrace AI as some kind of "new frontier" to creating on all fronts (i.e. music, art, ads, stories, etc). This is because it would cut the need for these positions from their companies, and thus increase the already massive amount of money made by these companies for those at the top and their investors.
Meanwhile, actual human artists would be forced to create an underground network of sorts to trade ideas and sell their product where they can also protect it from the AI's capability to "learn" (really steal) their work. It would flourish to some degree, but a lot of artists would also struggle and fail if there isn't a massive network put in place that would allow for local community support, as well as national and international. (Back to the odds and ends chatboards we go, lads).
Eventually, the AI run will fizzle out, because no producer for it will have enough creative thoughts to keep the ball rolling and the same twenty prompts are going to be rehashed until every single "artistic creation" they make is just one pixel difference away from the last one and corporations will realize people aren't interested in copy/paste regurgitated media. The main drive of this would be loss in profits, so remember to do your part and not engage with AI created media.
But honestly, I feel like we're gonna have to face a larger storm of the corporations having their play at AI first, and failing miserably at it, including all the lawsuits that'll inevitably happen with copyright infringement and intellectual property cases.
Corporations would probably just deem AI as a broken, unusable tool at that point and scrap any notion of using it for the foreseeable future. This all generally sucks, because artists will get screwed over, both out of work and community, with their work being deemed meager and unnecessary. All the while, just about every other industry whose jobs could have been made easier with the aid of AI, rather than being replaced by it entirely, won't get any benefit from an emerging technology and instead be thrown under the bus and most likely blamed for its failure.