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Thank you very much!
It would no doubt be another algorithmic guess. Although I often marvel at what AI can do, I still admire craftsmanship of the older tools. I might like convenience -but I prefer more of a hands-on-approach. With pieces like this, the aesthetics and acceptance are dependent on the OP's eye. Otherwise I'm still seeing renderings of six-fingered hands...For my first pass, I selected the oval shape of the bubble, copied that to a new layer and changed the blend to Multiply. That did a very good job of restoring the underlying colors, leaving only the text and stroke to deal with. I wonder what AI would do if you start it off with the Multiply adjustment already present.