Yes. A tiny fraction of a percent of people (compared to the volume of smiths in the past) do continue traditional blacksmithing.
The results of their work is not IP though, which makes the comparison too weak to serve as proof that artistic works that create only IP will continue unabated.
Blacksmiths in America don't make money, it's a hobby they do for fun. If the argument is that people will stop doing hobbies because a machine can do the work faster and better I'm pretty sure that's been proven wrong.
The results of their work is not IP though, which makes the comparison too weak to serve as proof that artistic works that create only IP will continue unabated.