Uh, yes. AI cannot and does not have productive output as its goal, technologically speaking. Therefore, any "convenience" is imagined and projected upon an algorithm of statistically most likely text. It's just a statistician strapped in front of the 1 Million Monkeys thought experiment.

It's quintessentially useless, unless your ultimate goal is text resembling language en masse. But usually, Loren Ipsum is much more energy efficient.