IQiyi, China's leading streaming platform, plans to have AI generate the majority of its content within five years, prompting a major corporate restructuring.

IQiyi expects artificial intelligence to create the bulk of its films and shows within five years

The shift represents a monumental change in the entertainment industry's content production model

IQiyi is undergoing its largest corporate overhaul since the company's founding in 2010

The streaming service competes with Netflix by offering similar on-demand video services to audiences