AI-generated art has exploded in popularity in the past six years. These generative models can create impressive images, sometimes winning accolades. But what is the impact on creativity and the role of the artist? Is it art-making or game-playing? Is it a creative medium or theft? We will examine how data used to create artworks can shift profits from art creators to model builders. Can AI-generated art become a positive, new modality that does not harm human artists?