The existing pool of VFX artists wont just dissapear immediately, they'd still like to work in the fewer available jobs post-AI
“GenAI will just mean fewer VFX workers but should also mean better wages for them” doesn’t mean “Generative AI is at the level of current VFX artists”, all it means that a VFX artist with Generative AI can be more productive than one without. (Well, and also that they have the negotiating power to capture some of the value of the productivity increase, which is probably the most questionable bit of the whole thing.)
You're not operating under the delusion that increase productivity automatically means higher salary, are you?
The operative word “should” shows very clearly that I haven’t assumed better wages. I expect better wages, but neither assume it nor guarantee it.
I did however state that I expect fewer workers in the space. This isn’t entirely clear either but I will go on the record to state that I expect it. It’s possible that the GenAI tools will enable such productivity increases that we see a surge in induced demand and a massive influx of content. My expectation is that this won’t happen as I believe we are likely close to a saturation point in content and expect then that the productivity increases will drown out any induced demand yielding fewer workers.
Why?
Keep your writing clear.
Practical effects, large sets, location shots, live animals, large crowds, etc... are really expensive and/or hard to work with. That's why VFX are used, and done well, you don't even notice and it makes for a better movie for the budget.