Sure, but most people want quick, cheap and easy. Need a logo, ad, webpage graphic or very specific image for free? AI does the trick.
Sure, it all depends on the use case. Those are all new use cases where there isn't much budget involved.
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How is that a new use case? I have paid designers tens of thousands over the span of our business for these use cases.
Low budget art is a new use case, just like fast food is a new type of food vs quality food.