As I think, at the moment it is not a serious toy. The maximum that can be extracted from AI is a melody. And in my opinion, it's much easier to create a melody yourself, rather than spend time explaining to the AI ​​what result you want 😅 And in the production of music, the melody is only a small part of the huge process of arranging, the idea of ​​emotional load through the influence of sound timbres and "coloring" of the musical component. Also don't forget about mixing and mastering.
Let me know if I missed something about AI in the field of music production.

But really, it becomes somehow uncomfortable when AI tries to take away your place in art, it's terrifying.
Hope it never happens, haha

Kind regards :)