That's all speculation, and it may prove to be true.
But:
> readers are finding it a phenomenal story
is not true across the board.
I thought to myself, explicitly, and fairly early "This is a fun and thoughtful idea, but the writing is kinda crap" before I realized (maybe a third if the way through) "ah, right, this is genAI. That tracks."
Despite my deep-seated hatred of LLMs, I choose to finish the piece and see if I was being unfair to the actual work ("the output", in the soulless descriptor used by programmers who've never once written a real story or crafted a song).
As a longtime avid reader of fiction, lit nerd, and semi-pro musician, I understand writing and artistry better than the average HN poster, and couldn't help but see the flaws in this.
People who don't have deep knowledge of literature don't catch the tells or flaws as well, but are still understandably angry when they find out they burned their time reading clanker output, and are understandably depressed that they were suckered into it because they haven't spent a lifetime developing a deep understanding of the discipline.
It's possible that genAI approaches will surpass humans in every field we invented.
So far, though, in every field I understand deeply, I see the uncanny mediocrity of the average in every LLM output I have subjected myself to.