Maybe they're saying it just for propaganda to look good, but jobs will be lost in the end.
Hollywood has to hate AI because they spend insane amounts of money on movies like Planet of the Apes, where they need realistic CGI monkeys. But in 3 to 8 years, people might be able to generate perfect CGI like that without hiring tons of VFX artists.
You could even make full movies without writers, and maybe not even actors, just using AI. It would be way cheaper, and if done right, people might still enjoy it.
AI isn’t going to stay at the level it’s at now. It’ll keep improving. Right now, it struggles to keep a character’s face consistent for more than 10–30 seconds, but that’ll get fixed over time.
Eventually, it might get so good that paying real actors won’t even make sense anymore, unless you're just licensing their image, since people might still want to see familiar faces.
The real issue is that AI can create the “perfect” character, ideal body, ideal face, but they’re not real people. You won’t form that same connection like you do with an actor who changes over time.
Like someone who’s skinny and young in one movie, then a jacked 70-year-old in another. That human progression just can’t be faked the same way.