Do you think a similar technique could work for generating 3D models?
For example, it's not hard to imagine future organic sculpting packages (e.g. ZBrush) having this type of tech integrated. Perhaps in-game character sculpting systems as well.
It's possible. But 3D data (3D models, videos) are much more difficult to model via a deep neural net. While most of the researchers focus on modeling 2d images in recent years, there are a few work on 3D. For example, here is a project on modeling 3D objects like chairs and tables. https://arxiv.org/abs/1411.5928
For example, it's not hard to imagine future organic sculpting packages (e.g. ZBrush) having this type of tech integrated. Perhaps in-game character sculpting systems as well.