What you misunderstand is what "looks good" means. Before AI, art that looked good was valuable and impressive precisely because few artists could produce it. It was amazing (and it still is) that a human being can reproduce realistic or surrealistic imagery with just pencil and paint.
If anyone can do it with one click, there is no value.
Like I said before, you're using AI art and comparing it to other media, like pencil and paint. That's like comparing photography to pencil and paint. Just because photography is more "realistic" that doesn't mean people will value a photo more than an artist's realistic rendering of the same thing.
When AI just looks good, that is actually the most worthless possible thing, as valuable as a sketch of a stickman.