AI is on hype now. It is transforming every aspect of our economic and social lives. AI models find applications in search engines, chatbots, and speech recognition systems. Moreover, they also generate images, videos, and even music. Chances are you have already encountered numerous AI-generated images used as album cover art, YouTube visualizers, and concert posters. In this article, I will review the most common AI models for image and video generation, explain their capabilities, and delve into the pros and cons of using AI art within the realm of music bands and music-related projects.