As someone (like other who have posted) who has made my living my whole life making art/ code, this is completely wrong!

What it threatened is the ad based "content" models where you put stuff up for free and sell ads against it. There's lots of ways to make money from any creative endeavor that has a lasting audience. I don't know if that includes talking into your phone or writing a personal journal about productivity hacks.

Things you make that are really good: a novel, a game, a short film, a song are still very valuable.