The Effect of AI-Generated Art

I am interested in hearing your thoughts on those who produce AI art and the effects this may have on the larger community of artists. Do you view it as a potential threat to both traditional and digital creators? Furthermore, what are the reasons some individuals label it as art theft? Does this phenomenon truly pose a risk to artists who are attempting to earn a living through their craft? I have experienced being banned by two digital artists on Patreon after they found out about my AI art creations. Are their responses warranted, or do you think they are being overly sensitive?