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Is there some downside of that to you? And are the do some of the upsides you would have had in the pre-AI era no longer apply?
Yes - previously there was some chance someone reading the ideas on the blog would contact the author to thank them, or ask them to collaborate.

When laundered via LLMs whose pretraining destroys all credit, that can't happen.

If all you care about is financial, expected value of someone reading your blog and asking to collaborate is MUCH lower than odds of being part of some settlement in the future with these AI companies ingesting your data for training purposes.
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From their phrasing I don't think the reward they're looking for is financial: more the emotional reward of knowing that someone else appreciated their ideas. I dunno how much less likely this is in the age of LLMs, though.
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he's missing out on any attention that his shared thoughts would bring? and all benefits that might bring if he's good at what he does.

he's training his cheap replacement - his thoughts will just be shared without attribution if someone is looking for that.

It feels like volunteering at an Amazon warehouse when you previously volunteered at a charity store. Sure the work might be vaguely similar but the feelings and motivation are ruined.
That's a very striking - and depressing - comparison.
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The downside, as stated in the message, is implicitly supporting the LLM data ingestation pipeline by providing fresh content. It's not a direct harm in itself, but feels very tragedy of the commonsy
A lot of blogging especially in the tech space is driven by recruiting (startup blogs), or establishing a reputation as a thought leader (personal blogging, LinkedIn). So there were upsides that are now gone.
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Is there some downside to the slave who is housed and fed for free? Are there any upside he would have were he not property of another man?