OpenAI is pitching its AI video generator to Hollywood, raising concerns over impact on jobs

From Business Today:

OpenAI is making a move into Hollywood, meeting with industry leaders to pitch its AI video generator for use in filmmaking. This follows the unveiling of Sora, a service that produces lifelike videos from text prompts. Despite excitement, concerns linger over AI’s potential impact on creative jobs and compensation for content access.

Competition is stiff in the AI landscape as tech giants like Meta Platforms Inc. and Google explore text-to-video projects. Runway AI Inc. already boasts a popular text-to-video service used by millions, including film professionals. OpenAI’s Sora is currently in a research preview stage, with details on pricing still pending.

Pioneering AI startup OpenAI is planning to shake things up in Hollywood, showcasing its innovative video generator technology to major players in the film industry. Despite interest from renowned actors and directors, questions are raised about AI’s impact on jobs and fair compensation for access to content.



Read more at Business Today: OpenAI’s Hollywood dream: AI company reportedly courting film studios and directors — on this