Its good enough to replace most stock music, or a jingle in a commercial or a quick musical hit at the beginning of a video or show. Also if you combine a knowledgeable producer with AI they can use it to make more things faster which puts pressure on supply and prices out smaller producers.
That's definitely the case in games as well. Most places, like Steam, now have 'AI disclosure' fields, but they do nothing but incentivize lying, because just about everybody is using it, but nobody wants to be associated with the slop that you can produce using it, so nobody wants to admit it. Those disclosure fields should really just go away as they serve no productive purpose.
