I don’t think “real art” will disappear. People will always want to create (although monetising that will now be exceedingly more difficult).
It feels like we are ripping the humanity out of life on a greater and greater scale with tech. Instead of replacing crappy jobs and freeing up peoples time to enjoy their life, we’re actually automating enjoyable pursuits.
NB: when I’m referring to art I mean of all types as that’s where we are heading.
But what if AI generates arts where humans do not scale?
For example, what if the AAA game you are expecting gets done in half of the time, or has ten times the size of explorable area, because it is cheap and fast to generate many of the arts needed by AI?
Or if some people excellent at story telling but mediocre at drawing can now produce world class manga due to the assistance of AI?