Human-made art will survive. Painters experienced a similar existential crisis with the rise of photography, because up until that time, most were employed to depict realism, but couldn't match the output of the camera.

Then artists invented whole new ways of filling the canvas. Photography is still relevant, and has even become an artform itself.

While AI-generated imagery is fascinating, it still takes a human to provide input to assemble that image. Hell, it took human-generated art to train the AI, and likely this will continue. We're just going to be in an adjustment period while this all shakes out. It will likely be the case that not as many humans can make a career out of being an Artist, but the discipline isn't going away.