As I mentioned in previous posts and threads, its a tool just like any other that an artist may use from their toolbox. But a full wide scale replacement of a lot of the industry as your previous post alluded to, not likely. Sure some jobs will be lost, but many of those would have been lost by some other technological advancement if not AI. And sure it'll be used to replace industry knowledge that is no longer available, but not replace entire divisions of people. Its a tool, and that is how it should be seen.
But this idea that consumers are going to want to become content creators and drive the entertainment industry out of business as you allude to, doubt it. As mentioned consumers by and large aren't wanting to become creators. The 25 year old in Iowa isn't suddenly wanting to be a filmmaker just because AI tools are now or soon will be better able to make believable content. If they didn't want to become a creator before, AI isn't just suddenly going make them desire that. So there is still a need for a Disney and other studios, and will likely be for many decades to come in my opinion. Until we get a "Ready Player One" virtual room where we all plug into everyday.