Is AI video the future of storytelling, or just the end of stories?

I was scrolling through Instagram today while I came across not less that 5 ads which are using AI generated videos for promoting their product. Most of them are using to promote their stories as they have some kind of podcast or online story telling platform. These looks good but does that somehow decrease the value of human figure in such places? These day, there are many tools like Fliki, Synthesia, Lunabloom Ai, which can do the job in just one click but what about the value of actual human touch in such videos? Isn't AI actually replacing humans?