One of the more eye-opening aspects of this technology is finding out how many of my peers seemingly have no understanding or respect for the concept of art.
Music, for example, is an incredibly commercialized art. Replacing every song or album I have ever purchased with AI generated facsimiles is also an incredibly depressing thought. And let me tell you, my tastes aren't "a few elite artists doing paid high culture art".
I would hope people still find value in painting, especially in a world with photography. That is even ignoring the strained nature of this analogy. The context of the original quote was in a discussion of the inherent plagiarism of AI. Photography wasn't invited by stealing painters work.