Imagine how fun sitting at a terminal in vim editing a 100 line 'script' for a short movie and getting rapid feedback back. I'm so excited about the future.
The possibilities are endless. "Insert Willie Wonka, as Froto's love interest, and Willie should joint the major battles with UZI machine guns, and his dialog should be as if he is an inner-city gang member."
I thought we'd never get image generation this fast. Last year it was 30 minutes per image. The stable diffusion folks are planning for a 100mb release of the image generator in Q1 which for sure would be real time. I actually suspect you can get something like that incredibly fast (even though all intuition says otherwise).