Once gen AI gets good enough to generate high quality video games, virtual worlds, etc. in real time, that will redefine gaming and entertainment.
Why wait for the next Mission Impossible movie to come out when you can experience it...as Tom Cruise...with your own storyline with all of your friends. And get a new one every day.
The curation of an experience is undervalued by many.
Just like coding isn't about mechanics. It is about understanding requirements and coming up with solutions that meet needs
Think about any good story. A million details could be different, and it would still work well.
The current expectation that movie studios or the Hollywood machine will somehow be diminished by GenAI is misguided. If anything, it will normalize $100 movie rental "experiences" you can enjoy at home with no additional hardware besides your smartphone and a cast-enabled TV, with everything rendering real-time in the cloud.