The publishing industry has been in a big, confused mess about the emergence of ChatGPT, a freely accessible artificial intelligence (AI) program designed to write creative works based on a series of prompts.  While the technology could significantly improve things for some people, writers everywhere are uncertain about the full impacts that the technology will have on the publishing industry.
The ChatGPT program can write any story of any length in almost any style. And therein lies the problem.
At the moment, it is reasonably easy to tell when a piece of writing has been generated by ChatGPT, but as the algorithm learns—and I really mean "learns"—it will get harder and harder to tell. The market was already overwhelmed by the scam writers out to make a quick buck, but when ChatGPT came online, the saturation became worse.
Literary magazines like Clarkesworld became inundated with AI-generated stories, and they closed their submissions portal as a result, while they figure out how to handle this miss.  Amazon has seen a sudden increase in self-published books on the platform.  And there is now great concern about the future of professional ghostwriters, knowing that businesses no longer need to hire a ghostwriter when they can get an AI program to write their material for free.
Exactly where this is all going and how the industry will ultimately respond to AI-generated stories is still unknown.