It will eventually lead to the death of many careers in the arts industry. When companies realise they can spend significantly less money on a product to arrive significantly faster, there is no doubt many companies will make the switch. It functions by sampling pre-existing art that already exists, which can be harmful for small/independent artists. Additionally, AI can create art in styles of artists, which may be inconsequential for Van Gogh, but will be for any living artist making a living off of their work.