The fantasy version (though it'd harm me personally) is that companies have to spend more effort competing on price/quality and less on branding. However, because humans signal to each other using clothing, food, cars, etc. you'd still have ads designed to promote status.
@ZachWeinersmith wouldn't be the logic next step for brands to enter a kind of auction market directly to get their product on top of the AI recommendation? That would be more efficient than going through this attention grabbing.