"struggled to get paid for expensive manual labor?" You seem to have a contempt for most working artists, because most struggle to get paid regardless of talent, not because they're incompetent but because art of any kind has always been a difficult market. And yes, it's hard work, which many people fail to appreciate. You're really illustrating my point more than I think you intend to.
Perhaps we have a very different understanding of what "art that matters" is, certainly I'm not thinking of anyone producing art at volume for a corporate IP. In any event, nothing ever stopped such a corporation from reproducing a certain style with cheaper labor, whether it's human or not. If you were, say, an art director working for a corporation, your job was never to perform much of that manual labor. AI isn't replacing you.
Then you have the artists who matter, whose work is valued because it has their name on it, regardless of what process was used to create it. AI will be just another tool they may choose to use.