What happens to movies when AI drives costs to zero?

Supply will increase; consumers will benefit; Hollywood will struggle

A person controlling an AI-generated movie, while the audience sits with rapt attention. Image created with DallE-3.

What happens to movies when the cost to produce them declines to near zero? Jeffrey Katzenberg argues that the cost to create animated films is going to decline by 90% within three years due to AI:

Artificial intelligence will lower the cos…