Posted 2/24/2024, 1:59:00 PM
Tyler Perry Pauses $800M Studio Expansion After Seeing AI Video Tool, Calls for Industry Unity Against Job Threat
- Tyler Perry halted an $800 million expansion of his Atlanta studios after seeing AI video generation tool Sora, which convinced him of AI's potential to disrupt Hollywood
- Perry was impressed by Sora's ability to create complex, multi-character video scenes from text prompts without needing sets, locations, etc.
- As a businessman, Perry recognizes AI will drastically cut production costs, but as a veteran he worries about job losses for actors, editors, technicians, etc.
- Perry calls for the industry to organize under a single union in response to the AI job threat
- Perry still plans to build a 37-acre entertainment complex next to his studios, including restaurants, shops, a theater and theme park