Posted 3/4/2024, 11:00:00 AM
AI Threatens Hollywood Jobs as Amateurs Gain Powerful New Filmmaking Tools
- Hollywood film and TV production is extremely expensive, with costs ranging from $6 million to over $200 million per production
- AI technologies like text-to-video, AI writing, and AI editing threaten to disrupt Hollywood by enabling amateur creators to produce high-quality films and shows
- Tools like Sora, Pika, and Wonder Studio make it possible for one person to create an entire production from start to finish
- This could lead to a flood of amateur content, similar to what happened in the music industry with digital production tools
- AI poses an existential threat to Hollywood jobs; unions tried to ban AI replacement of writers/actors but the technology may advance too rapidly