I recently seen Coca Cola created a AI video "Holidays are coming" ad and it's terrible. This is unfortunately where the industry is headed, the cheap and do rightly attitude.
That was rightly slated in the ad industry too.
There's a Vodafone ad that's also entirely AI which is much better, but for reasons that have been mentioned in this thread. It's a series of very loosely connected vignettes, so you don't have to have the continuity throughout that you might otherwise have in an ad. Non AI generated ads also use this too - and often for the same reason. They're using stock library footage and piecing it together.
View: https://youtu.be/9AyEC_K9kBg?si=OrE41cx49hO1QLqx
Someone mentioned earlier about food photography. Again, speaking from experience what tends to happen is that big companies (McDonald's, Burger King, Pizza Hut etc) have to show actual product. Cooked in the correct way. The food stylists will come in and arrange it to make it look appealing, but they're under pretty strict regulatory bodies to ensure it's 'genuine'. i.e. you can't use a half-pound patty if the actual burger is only quarter-pound. So those videos that used to do the rounds on Insta and the like of food photographers using PVA glue instead of mozzarella, or soy sauce for coffee, would only apply to generic photo shoots for stock libraries rather than for a brand.
And it would be independent places - especially fast-food - that would use this type of photo. They'll just have generic pizza/burger/wings shots which is where I could see AI images being used. Proper restaurants, even independents, will always want to showcase their food, so I'd be hopeful anything you see will be commissioned photography.
I sort of feel like it's coming whether you like it or not (I don't).
But it's not a new thing. Pretty sure people weren't that impressed with the Spinning Jenny either. I also imagine that a load of painters may have been sitting around 200 years ago worrying about whether photography was going kill painting. It hasn't entirely, but it's not the industry it was.