Tyler Perry Puts $800M Studio Expansion on Hold Over AI Video Synthesis Worries
• Perry put an $800 million expansion of his studio on hold due to concerns over AI video synthesis tools like Sora • He was planning to add 12 more soundstages but is worried the tech could make physical sets obsolete • Sora allows creating realistic video just from text prompts - e.g. shooting a scene on the moon • Perry worries the tech will deeply impact entertainment jobs like actors, crew, editing etc by radically cutting costs • He calls for government regulations to help the industry and workers survive the disruption of advanced AI