Posted 2/23/2024, 12:08:09 AM
Tyler Perry Puts $800M Studio Expansion on Hold, Raises Alarm About AI Threat to Hollywood Jobs
- Perry put $800M studio expansion on hold after seeing AI text-to-video model Sora's capabilities
- Perry says traditionally would've had to build sets and locations, but AI can now generate them
- Perry worried about impact on jobs across the industry like actors, crew, transportation, etc.
- Perry calls for entertainment industry to confront threat together with "one voice"
- Perry says without regulation he doesn't see how the industry survives; jobs will be lost