Time constraints, a rather visceral disagreement with the premise, and bouncing ogres on chairs (so avant-garde!) have postponed completion of the video for me.
Admiral Tarken? Princess Leia? Faked Obama? All examples of "beyond", and all really, well, uncanny to watch.
I can't even honestly agree that the commercialized software has started to plateau. The software to create CGI - especially the software being used by the big studios - is evolving constantly. Even Blender changes on a monthly (or more frequent) basis.
For example, in How to Train Your Dragon, one person's time was solely devoted to improving the water splash dynamics. In Frozen, they devoted decades of processing time to rendering one 15 second scene with the ice castle. In Mad Max, the CGI was praised because it wasn't the primary method of creating the effects, because it didn't get in the way of the practical effects.
Can we eventually get there? Yeah, I think so. But we're not there yet. The software isn't finished; the hardware isn't fast enough. Perhaps it will come about in tandem with general AI.
We're also unable to create emergent materials right now, because we don't right now (and may never) have the horsepower to do molecular-level simulation to find out how light interacts with the surface. For similar reasons, breaking something open like an egg, a log, or slicing open flesh is never going to yield truly emergent results. To some degree, they'll always have to be artistically approximated on a case-by-case basis. Those approximations may have increasingly sophisticated interactions as time goes on, but I am reasonably confident they'll never truly simulate things at the molecular level.