It's not. Its freeing humans from art. The labour jobs will all still be done by humans. ChatGPT can't build a house or dig a hole.
Maybe ChatGPT can't build a house but some of the elements for building an AI house already exist:
AI can design a house to prompt, and upload that design
Houses can be (and have already successfully been) 3D-printed
That said, you still need (and will likely always need) humans to do things like wiring, HVAC, door/window installation, and fine finishing.
As for AI digging a hole, I have zero doubt that we'll have self-driving heavy machinery - bulldozers, backhoes, etc. - within a decade. Program it, tell it what to do, then stand back and let 'er rip; and the first two steps of that can be done to prompt by AI. The only human input needed will be someone to oversee the machinery with a handy emergency shutdown button in case things go wrong or something unforeseen occurs.