Precisely, this is a dream for the likes of Netflix. They can perfect their vision of machine-generated assembly-line horseshit to feed to 190 countries. No staff, crew, no originality needed.
Note the "AI by Meta" watermark in the example. So Zuck gets a cut as well.
If you look out long-term, 2030s and 2040s, this is where all of this is likely going.
Right now the pool of content you might be interested in is constrained to all the content that has been made. But there may be better content that does not exist yet that you would be even more interested in. The future is going to be very weird, but also very entertaining