In short, nobody should fear AI, at this point at least. This is just a new tool we are adding to our arsenal. A pretty big one indeed. But the way I see it, you covered it as well, this will only raise the bar for average quality content, product, etc.
Constructing a good prompt is also going to be another skill that you're gonna need in order to compete. Low-skill level jobs are going to be easier while high-skill jobs will only unlock a higher ceiling.