To be honest, this development is simply the logical consequence of applying the principle of profit maximization.
Unfortunately, technology has now reached such a scale that the people behind the spreadsheets are willing to sacrifice humanity itself.
That, too, is not surprising, because they will only realize their mistake when it is already too late.
Another example of the same principle is climate change.
Economic viable mass produced “art” made with the intention of grabbing money was always shit. Before and after AI.
If new uninspired blockbuster gets done with AI instead of incredibly bad and uninspired human resources is of no consequence to the art I enjoy.
Good inspired art doesn’t need to be economically viable in a capitalistic system, and many times is not. Before and after AI.
People with something to express will always be doing it. There will be always someone wanting to make a handcrafted opera, and if it’s good it will always find its public. I do artistic expression myself, I get no revenue whatsoever, and I have no intention of stopping doing it. Because it’s not about money, it’s about self expression.