It is more likely that machine learning models will be used by the game artists for asset generation, but not for rendering those assets at the client side, which would be extremely expensive.

But another upcoming use case of ML on the client side is neural texture compression, which somehow needs not just less storage but also less RAM. Though it comes at a computational (frame time) cost on the client side, though not as bad as generative AI.

Neural mesh compression could be another potential thing we get in the future. (All lossy compression seems to go in the ML direction: currently there is a lot of work going on with next generation neural audio and video codecs. E.g. https://arxiv.org/abs/2502.20762)