There is a huge difference between the creative content industry and commodities such as fabrics production. While there are some lessons to be learned from that history and the current situation, I don't think you can compare apples to apples. The results are unlikely to be the same in my opinion.

I don't think you can leverage AI in Hollywood for profit on blockbusters without highly trained artists in the mix. It is possible that it could impact the long-tail of b-movies out there, but I think audiences will be able to see through this. I don't know how sabotage will work in this case either.