Oh the Ai art generator has no "soul" and it's soy and reddit? This precious art form (illustrating things that other people pay you to, a medium dominated almost entirely by furries, porn, and furry porn) is being destroyed by the evil AI? I'm sorry that the democratization of art creation is so upsetting to you. I've brought dozens of ideas to life by typing words into a prompt and I didn't have to pay someone $300 to do so.
I legitimately don't think this will cause all artists to be phased out at this point. Right now it is rare that it generates anything remarkable without digital alterations and a ton of input by the user, which in itself would be an art process. Stable Diffusion was posted here by someone at some point and I think thats the tech to be keeping an eye on, its open source and free, DALLE is all about the capitalists trying to control the tech for profit. Sort of like how Microsoft coopted a lot of open source tech and capitalized on it. I think the more realistic thing is it will make collaging easier as well as speeding up the workflow of current professional artists, which may actually allow them to make more money.
I doubt it'll end up killing anyone, as most of the historical instances of violence from technological advancement are associated with medicine and food supply chains.