An interview by Lucas Shaw of Bloomberg with Dan Neely and three other experts that highlights the transformative impact of AI on Hollywood.
Hollywood is already leveraging AI for various tasks, including language translation, de-aging actors, creating reusable character assets, and generating new video content.
When it comes to AI’s rapid advancement, Dan Neely highlighted how Sora surprised many with its impressive capabilities, despite being unpredictable and not easily directed. While AI’s potential is thrilling, Neely emphasized the need for safeguards on model inputs and fair compensation for data contributors. He argues that traditional media companies must learn from past mistakes with platforms like YouTube and pursue more strategic partnerships to avoid the pitfalls of one-time transactions. The future legal landscape of the industry remains uncertain, especially regarding AI training on copyrighted material without compensation.
Read the full article at Bloomberg.com