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This question has been asked long before AI because in every era, we have different reasons for considering formal education useless. Hence the examples of millionaires who never studied and became successful, for example. However, this doesn't demonstrate the large number of people who work in these companies and who needed education and experience to keep their businesses afloat.
Now regarding AI, I see no merit in those who use it and put their own name on the results. They didn't create it, the work didn't emerge from their minds, it was the AI's. And I have to say that I'm not at all pleased to see schools embracing AI in their educational processes. I think that at some point, this decision toward idiocracy will lead to a resurgence in the valorization of independent and legitimate work. In fact, I already see this and demand it myself.