AI have no rights. Your AI creations are right-less. They belong in the public domain. If not, they are properties of the peoples whose art you stole to make the AI.
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AI art is created as an amalgamation of different preexisting artwork, it doesn't actually create something entirely new. They are trained on artwork that actual artists create, but do not create things themselves, but if their output can be copyrighted, an AI could be trained on my artwork and create something reminiscent of my art style that I have no say or control over.
It's kind of similar to when artists trace other art and don't give credit to the original and pretend they made it all themselves, except now the "traced" AI artwork now has legal protections.
My Chinese isn't nearly good enough to read this law in the original at all, so I could be assuming a worst case scenario, but if businesses can copyright AI art, then they have no reason to hire real artists to work for them, when they could just get an intern to put prompts into an art generator all day instead. As others have said, this is very "business friendly" which means it is very anti-worker (Artists are still workers, even if we don't fit some narrow ultra definition of the term). A real unfortunate situation, no doubt because AI art is this new fancy thing that laypeople (including the politburo in China) don't understand and assume is some magical thing that creates art from thin air.