If you have a legal right to view it on your computer, then no. However, downloading a movie illegally and watching it (whether it was compressed or reproduced

If you have a legal right to view it on your computer, then no. However, downloading a movie illegally and watching it (whether it was compressed or reproduced by AI) is not legal. By whatever means of delivery, if you view the movie you are in legal violation unless you bought it. Similarly, you can view a piece of art (if its available), but selling it would be illegal, regardless of if the way you sell it is by encoding the bits a certain way or providing a "generator function" that creates the art for you that you then sell. Take another example: if you try to sell or publicly play a Taylor Swift song without permission, that is illegal (even though it was technically generated by your computer and you used an arbitrary process to create the reproduction), its owned by Taylor Swift. Its long been the case that the song is reproduced by dozens of different mediums, storage procedures, algorithms, sound generators, and mechanisms, but ultimately it is still the creative property of Swift.