Well no, not really. Dylan Thomas and Bob Dylan are entirely different names and artists in entirely different fields of artistry. There is no confusing them
Dylan (as in Bob) is known a lot for brevity by his chosen stage surname, this female artists has chosen that name as her stage name, they operate in the same field of art and are both currently active as musicians.
It's entirely different and beyond stupid as a career move. Even if she'd spelled it Dillan, it would have been fine
It's like calling a band The Stones (I presume some idiot has already done that)
Also what goes around doesn't come around because Dylan isn't going to be harmed in anyway, its the much lesser known artist thats losing out here, It's an act of self harm