yes and with the new Adobe Premiere it is super easy to "photoshop" things out of video too. Kids will grow up not believing anything is real.
I'm not sure what you mean by destroying perceptions of reality as I don't think that's the case at all nor do I think CGI is the technology to do that. I think there's a much higher degree of skepticism to various forms of media but it's the way it should have always been, although it's easier than ever photos and video have been manipulated in one way or another for many years now.
The current technology that does disrupt my perception of reality is VR even in its fairly clunky first generation form, as much as I love the technology I do find the immersion at times a bit alarming and it's only just getting started with mixed reality headsets also now on the market as well. Within the next few years this technology is going to shrink down and likely integrate with your smartphone so you're going to start to see the real world altered in realtime.
Although there's not much progress yet on anything like dream or memory manipulation I can see that coming in time and that's definitely when people are going to have their reality very much distorted.
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