Maybe equality is good? For utilities like locomotion, that sounds great. But for creativity?
I think what will happen is a later generation will grow up bombarded by level-100 art and music. I guess that sounds net positive...right?
As a musician, I can tell you one thing: part of what gives me drive to make music is knowing that what I'm creating is a scarce resource. (For example, if I realize one of my songs sounds like another existing song, it stops sounding good to me.) If it comes that AI can generate new songs for me, all of that value I assign to creating music is lost.