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Tyler Perry puts $800 million studio expansion on hold because of OpenAI’s Sora

Accepted submission by Freeman at 2024-02-23 17:11:47 from the money money money dept.
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https://arstechnica.com/information-technology/2024/02/i-just-dont-see-how-we-survive-tyler-perry-issues-hollywood-warning-over-ai-video-tech/ [arstechnica.com]

In an interview with The Hollywood Reporter [hollywoodreporter.com] published Thursday, filmmaker Tyler Perry [wikipedia.org] spoke about his concerns related to the impact of AI video synthesis on entertainment industry jobs. In particular, he revealed that he has suspended a planned $800 million expansion of his production studio [tylerperrystudios.com] after seeing what OpenAI's recently announced AI video generator [arstechnica.com] Sora can do.

"I have been watching AI very closely," Perry said in the interview. "I was in the middle of, and have been planning for the last four years... an $800 million expansion at the studio, which would’ve increased the backlot a tremendous size—we were adding 12 more soundstages. All of that is currently and indefinitely on hold because of Sora and what I’m seeing. I had gotten word over the last year or so that this was coming, but I had no idea until I saw recently the demonstrations of what it’s able to do. It’s shocking to me."
[...]
"It makes me worry so much about all of the people in the business," he told The Hollywood Reporter. "Because as I was looking at it, I immediately started thinking of everyone in the industry who would be affected by this, including actors and grip and electric and transportation and sound and editors, and looking at this, I’m thinking this will touch every corner of our industry."

You can read the full interview at The Hollywood Reporter [hollywoodreporter.com]
[...]
Perry also looks beyond Hollywood and says that it's not just filmmaking that needs to be on alert, and he calls for government action to help retain human employment in the age of AI. "If you look at it across the world, how it’s changing so quickly, I’m hoping that there’s a whole government approach to help everyone be able to sustain."

Previously on SoylentNews:
OpenAI Teases a New Generative Video Model Called Sora [soylentnews.org] - 20240222

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