> Mickey Mouse(ok, not the biggest asset they have now, but an example) will be replaced by Ricky the Raccoon or thousands of other characters generated by AI.

> Mickey Mouse(ok, not the biggest asset they have now, but an example) will be replaced by Ricky the Raccoon or thousands of other characters generated by AI. I don't know about that. There are already thousands of characters, universes, stories (and they have been much cheaper to make than in the past, hence the proliferation), yet people still go see Star Wars movies, no matter how bad the previous one was (and the story is the same for video games). Culture is about shared references, so owning the property over that common-ground references is going to be even more valuable as the cost of making content declines and new entrants are prevented from entering because of the competition. (we need a copyright reform to prevent a handful of corporations to own the entirety of culture, but it's as likely as a socialist revolution at this point…)