So, yes, ChatGPT will probably not be essential in the creation of art, even today you could write a great novel with merely $10 for pencil and paper, but it will be better with ChatGPT or similar tools: faster to find the word, easier to iterate over the possibilities of a phrase, helpful to evaluate parallel scenarios, and other use cases to be found by great writers.
Sure, there might be an issue for the artists themselves: who do you reward, is it "valid" art, and so forth. But as a reader, ChatGPT hints that the greatest works of literature are yet to come: hundreds of times while reading a page I would have wanted to read a hundred more pages about a particular aspect but the author went frustratingly in another direction. In this case, the author might be elevated, from the laborer putting words on paper, to a generator of directions to be followed by the generator of text, in the same manner Michelangelo, Caravaggio, or Gaudi directed the painters, sculptors, and workers to execute accordingly.