I couldn't agree more! The entertainment machine that was Hollywood is falling apart. I already know several screen writers that use AI not to write a script, but bounce ideas at it to find new directions to pursue in the writing. The day will come that the majority of scripts will be AI generated.
Another thing that I foresee in the future is web 3.0 actually funding movies and television shows completely cutting out the old production companies. Things are definitely going to get interesting in the entertainment sector over the next decade!