Hollywood is facing a crisis. Industry economists are sounding the alarm: as production costs soar and artificial intelligence reshapes the creative landscape, the world’s entertainment capital could lose up to 200,000 jobs in the next three years.

From writers and actors to editors and crew members, no corner of the film industry is untouched by the economic squeeze and technological disruption. AI-generated content is already replacing traditional roles while studios struggle to stay profitable in an era of streaming fatigue and shifting audience habits.

Some people believe this is the beginning of Hollywood’s slow fade, while others remain positive that this will be a turning point that could redefine its future.

In this eye-opening report, Mike Kirsch breaks down the challenges, the stakes, and what the film industry is doing to try and survive the next wave of change.