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.
This feels like the natural outcome of Moravec's paradox[1]. I can imagine a grim future where most intellectually stimulating activities are done by machines and most of the work that's left for humans is building, cleaning, and maintaining the physical infrastructure that keeps these machines running. Basically all the physical grunt work that has proven hard to find a general technological solution for.