Will Generative AI Kill the Movie Industry in China?
Introduction: Why This Question Matters Now China’s film industry, the world’s second-largest, is under pressure from a sharp box office decline and the rapid rise of generative AI. In 2024, China’s box office revenue fell to 42.5 billion yuan ($5.82 billion), down 22.6% from 2023 and 34% below the pre-pandemic peak in 2019 (Reuters). At…