I watched the video. It's all 1-3 second shots of either recolored animals or two animals combined. In other words, exactly the kind of video AI can deliver at a consumer level. Not impressive. The TED audience politely clapped, but aside from one or two folks the audience didn't seem particularly impressed either.
It's all C-suite executives pushing this onto executives below them, who push it onto their organizations as mandates. The C-suite execs don't care about creativity; they only care about cutting costs. At first this means shortening development times. Soon this will mean cutting staff, and not 10 years from now, but way before this technology can actually replace a human.
You know what would've been a good showcase? Show Rogue One but with the film shots digitally composited with an AI Tarkin or an AI Leia, and have it be better than what was originally released in 2016. And have it be lip-synced. It shouldn't be too hard to improve upon those shots; they weren't very good.
But AI can't do that.