• As AI reshapes how stories are created and consumed, Hollywood faces an existential question: Can it stay culturally central or is it being overtaken?

• Startups like Luma and Moonvalley are pushing the boundaries of AI-native filmmaking, while legacy studios scramble to adapt.

• Depending on how it’s used, AI could spark a creative rebirth or hasten Hollywood’s slide into irrelevance.

• Across conversations with tech CEOs, studio executives and filmmakers, some foresee a renaissance. Others warn of a flood of cheap content and a “Black Mirror”-style future.

At a Starbucks in downtown Culver City, Amit Jain pulls out his iPad Pro and presses play. On-screen, one of his employees at Luma AI — the Silicon Valley startup behind a new wave of generative video tools, which he co-founded a

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