It depends on how you use AI content.
If you are one of those people that got punished by the March update, chances are, you used AI content without editorial input.
You just clicked a button, copied and pasted, published it to your site, moved on to the next post, and called it a day.
Usually when Google cracks down any technique or method that tries to "cheat it," it usually shuts down the most blatant offenders.
These are the sloppy online publishers and bloggers.
But pretty soon, it turns the screws tighter and tighter and becomes more and more sensitive.
Unless you are putting in the time to manually check the accuracy, tweak the engagement level, and otherwise do your editorial work as a site publisher, it's only a matter of time until Google's "low content quality crusade" shows up at your door.
Do yourself a big favor and try to future-proof your site as much as possible by using AI to assist in content generation instead of replacing it.
What do I mean by that?
You can use AI to outline.
You can use AI to structure.
But the actual meat of the content still has to go through human eyes.
There's still has to be some solid editorial intervention as far as your content is concerned because, remember, Google is ultimately ranking sites based on user experience.
If you just view AI content as a shortcut, this will eventually degrade user experience.