I did a fine art degree, very contemporary/conceptual, not much emphasis on what I think of as the mechanical skills like drawing, painting, sculpting.
After graduating I got into digital art and from there into web development. After about 5 years in Web dev I did a Computer Science masters, not especially for career reasons since I was already in the industry but for my own depth of understanding.
My earnings have gone from about 14k in my first web design role mid 90s to about £165k today (that's basic, my total package is about £220k.)
OP is asking if you can make money from studying art.
if you go into an "art" job (ie one where you produce original visual content or design) it's possible. Some creative/art jobs are well paid. However many are not simply because the competition is so high. A lot of people actually earn their money in something either totally unrelated, or art-adjacent like teaching, then make their art as a sideline.
I also think commercial artists and designers, the ones who create to a brief and are working within existing trends/styles to position a product/brand, are very at risk from AI,
But there is also whether it equips you well for other types of job. The classic assumption is no. I think otherwise.
My job is not an "art" job but I found my specific art education, with its emphasis on concepts, presentation, critical thinking and self direction, has given me a massive advantage in my career. I sometimes think it's like having a cheat code vs my colleagues.
The other thing is that art people tend to be attracted to and seek out cultural changes and new ideas, and that means we can end up working in upcoming new industries, the ones that don’t have a career path or related degrees yet because they are too new.