I disagree. I think this is going to empower creatives like never before. Filmmaking currently takes a huge amount of time and money. Countless would be filmmakers are relegated to making 30 second tiktoks because that's all they can afford to do. This could change all that.
Exactly this. Art changes over time. The mediums that we use to express ourselves creatively evolves. The position that AI is the end of creative art isn't taking this evolution into account.
When video became an affordable medium, would people say "this is the end of art, live performances are art. Now the people will just watch the same recordings over and over?" Maybe, if the internet existed. But it's had the effect of creating and introducing new art forms.
AI generated content won't replace art. It will evolve it to a new creative.