Best thing we can do is to track the numbers instead of making an assumption that AI would disrupt/not disrupt.
It would be wonderful if AI can actually reduce the costs of digital effects as we can watch more number of good quality movies/TV shows with digital effects. But that is not the case as of now. Phantom is going on a hiring spree. Does that mean the company has no idea about AI disruption? Maybe or maybe not.
There was a similar narrative that automation would reduce IT jobs in Indian IT companies. IT companies are still growing reasonably well and getting good orders.
People are not going to Photo studios these days for clicking pictures but we are still hiring studios for wedding shoots, photo shoots etc and paying hefty amounts to them. We always need professional help. (With reference to the thread on X)
I will stay away from prediction and follow the earnings, guidance and concalls.
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