It is simulatenously incredibly impressive and lacking soul. A lot of "almost good" slop is coming soon, evidently. It's still going to take highly skilled humans in order to craft true works of art using AI. Such humans are and will continue to be rare.

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It’s going to come down to economics. If you can get 95% of the way there at 10000x cheaper, then it doesn’t matter how good the human is (as much)

Exactly. AI is just an accelerant for the economics of entertainment which has been occurring for decades. The speed is what is making people think it’s something new.