HOLLYWOOD !

Caution-
This is the opinion of an outsider.

Yes, Artificial Intelligence may be a big factor here. But it ain't the only one.
In my lifetime Hollywood has ALWAYS been synonymous with quality movie-making. Now and then, some foreign movie maker would come up with a product that hit the charts here in the U.S..
Infrequently.

Now, our Hollywood studios are trying, apparently, to turn out stuff that won't offend anyone.
"The Little Mermaid" is a hybrid fish/human of color.
"Snow White and the Seven Magical People" is just... sad.
Many experts I respect are willing to talk about how the "Star Wars" series of movies is just... crap;
A "Silk Purse" turned into a Sow's Ear.
And in this environment the people that make movies stop even producing this substandard entertainment.

Other than Artificial Intelligence, there are some BIG factors that might come into play here:
"Bollywood" is now producing entertainment that more people are talking about. And something that I was unaware of until the past weekend-
Nigeria is now an entertainment market that is bursting at the seams.
Who knew?

Much of the stuff we now watch is produced in Canada. You might be surprised to find how much of the stuff you consume has been produced in Vancouver, B.C..
As I said, I'm no expert on these matters. But it seems to me this strike comes at a very dangerous time.

When the "Horseless Carriage" began to be a real thing, the folks making Buggy Whips lost the majority of their market. Time, technology, (and markets) move on.
I think these writers and actors now find themselves living in "Interesting times!"