Recently, the AI application sector has continued to gain momentum, accelerating the commercialization of the content industry. Positive changes have emerged in fields such as short dramas, gaming, publishing, and IP, with AI technology rapidly penetrating the content industry chain. Industry insiders believe that the continuous iteration of multimodal large models and video generation technology is expected to simultaneously drive content production efficiency and business model innovation, heralding a restructuring of investment logic in the content industry.