Such a huge topic, but if I were to limit my opinions about AI to what effect I think this technology will have on art in the foreseeable future, I'm actually not that pessimistic. That said, I think some areas of art will be hugely affected, like photography and recorded music, while more tactile, analogue and performing art forms like paintings, sculptures, live music may well see a resurgence after the initial AI dust has settled. Of course, an AI picture engine would easily be able to "create" a new "Seago masterpiece" on screen, but I don't think anyone will ever put in the money needed to make printers which can recreate the look and feel of a real oil painting, in terms of tactility and texture. That will add value to "real", man-made art, I think.