Absolutely. Hence why manufacturing died long ago, and why the knowledge economy was already on the verge of death even before LLMs, and why we were already moving to the performance economy: because in the performance economy the consumer and the buyer are able to be disparate entities, where the buyers can have deep pockets even if the consumers don't.

In the performance economy it doesn't matter how rich the consumer is, but what the consumer wants to consume does matter. Because the buyer and consumer are disjointed in the performance economy, the consumer isn't swayed by cost. However, if the consumer prefers AI performances, which they quite easily could, then humans are in trouble. But so far it seems human performances remain what the consumer wants to consume.

(Technically manufacturing and knowledge work could have established the same separation, but since the bright minds went to performance nobody thought to before it was too late)