Striking actor Stephen Fry says his voice was stolen from the Harry Potter audiobooks and replicated by AI
stopthatgirl7@kbin.social to 
fortune.com
The actor told an audience in London that AI was a “burning issue” for actors.
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Making art is something people enjoy, for one thing. Good art also has something of the artist in it, something to it other than "it was made from this prompt".
Art is just combining previously learnt techniques together with a specific subject. Since AI essentially knows all the techniques it could be better eventually.
Nothing is stopping people making art for fun.
If that's what you look for in art then sure, but I disagree with that definition. A child's drawing of her dad has aspects to it that a picture of that dad taken in a photo booth can never have. A poem about war is much more meaningful when it comes from a refugee. The Wikipedia page for art lists several 'purposes' and most of them are not something AI art can ever fulfil.
You can't say ever. It could learn every diary and report from war ever and write amazing stuff. It's just a matter of time. It's currently limited by computer power quite significantly.
It could do that, but its writing would be hollow because those stories are meaningful due to the lived experiences behind them. For example anyone who's read The Diary of a Young Girl could write something similar in Anne Frank's style, but it wouldn't be nearly as impactful because learning about an event is very different from living through it.
It's limited by the trends of human art. The art and text AI that we have are based on pattern processing. They output what is expected based on what we feed it. They aren't able to come up with entirely new styles or philosophies. They don't even have a cognitive ability to have any philosophy. An AI describing a tree or depicting an image of a tree doesn't have an understanding of what a tree is, they are not aware of the world, they can only replicate human words and images.
A breakthrough needs to happen for them to be capable of anything more, but that's going to be its own can of worms.