I think the concern is fully justified. Those still being skeptical of AI art fail to understand exponential progress. Usage of various algorithms is about to explode, feeding back billions of signals to correct the model.
A second or third generation model may really understand relations between objects, depth, lighting, etc.
It's both amazing and scary. A little behind the curve, but expect similar developments in music generation.
Given the speed of all of this, the socio-economic discussion on AI should really get prioritized, as very little cognitive work is going to be safe.