No, that is how the economy works, and has worked for literally centuries.
You know what else worked for centuries? Slavery, child marriage, domestic violence, colonization…
I’m not an artist but cool of you to assume anyone speaking against AI generated contest must be talking because they are personally invested in it somehow.
Umm when did I say ‘artists don’t understand the tech that they need’? OTOH say something about AI generated content and you have techbros coming out of woodworks to give their hot takes while they can’t even draw a stick figure.