render stream?

Could it be possible to use encoder to infinitely render a stream so I can add effects as it mavos along? I would also like something like a feature that as it is being rendered I can change like for example I set a cut at 5 minutes parameter that automatically cuts the video every 5 minutes so the stream can keep gong uninterupted if something fails. if I want to render 48 hours of video a lot can go wrong but at certain times I might want to change the parameter to 10 minutes or an hour dependend on what I am doing. Then I could add some Ai/deeplearning algorythms to change what content is going to start to become like after a certain period of time etc.