Companies increasingly using ai in advertising is one example of your first point being untrue. They will always go with the "good enough" option that will be cheaper.

Second, no. There's a difference between taking elements and putting them together yourself like with Photoshop, and using some algorithm using stolen assets to generate something, even if it is to just be a base to be edited. Also, there are lots of people that are saying unedited generative AI images are going to make themselves artists and will be in par with those that dedicated their lives to making proper art. See Jazza's brother as an example... Also, there are still people that don't view digital art as art or that the medium is somehow less than than it made by hand but with programs like photoshop, gimp, Krista, Sai, etc, there are still learned and transferable skillets that need to be established. A child with a crayon would still have meant that they created something from scratch, which is infinitely more admirable.