The high-low distinction is already back. Most readers of genre fiction & of “literary” writing (incl. critics & juries) want the churned-out familiar, & those content to use AI will supply it. Meanwhile a small number will write & read the products of inspired human endeavour
On AI capabilities: the French press is all over the Haitian-Canadian novel C’était ça ou mourir. It's winning basically every award you can win, and was tipped to be the 2nd Canadian winner of the Prix Goncourt. Only one problem: 1/2