AI for finding a cure for cancer is good. AI for replacing people's jobs, absolutely not good.
As far as music goes, we survived Synths, so we can get through this. IMO the bigger problem is that younger kids don't see live music as a thing. It's as interesting to them as golf. They have their songs on Spotify, playing on their phones, it's musical wallpaper.
My musical career has gone from cutting edge to historical. 90% of the music I get asked to play is from the 20th Century.
When AI has its own programs on Radio 4 I'll start getting annoyed.