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Reel AI: Erik Barmack’s biweekly article for The Ankler
Sora 2 Shook Hollywood. This AI CEO is Helping the Industry ‘Take a F-ing Stand’
Erik Barmack’s Reel AI Column from The Ankler
INTRO TO AI
Quick Explainers on Basic AI Terms and Tools
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OpenAI Investor Vinod Khosla Says Hollywood’s “Tunnel-Vision Creatives” Are Missing the Point of Sora
The billionaire venture capitalist argues that AI video will broaden—not shrink—the creator class, even as studios and unions brace for disruption.
AI Adoption Projected to Boost Media Industry Revenue by 10%
Ernst & Young report highlights the financial benefits of AI integration in media and entertainment, forecasting significant revenue growth and cost reductions.
Consumers’ Mixed Reactions to AI in Entertainment Production
A recent survey reveals that U.S. consumers are split on the use of generative AI in creating film and TV content, with acceptance varying based on familiarity with AI tools.
Viewers Confuse AI Videos with Real Footage
A recent survey shows that audiences struggle to distinguish videos created by Sora and filmed by humans, highlighting Sora’s capabilities and consequent implications.
Market Research Forecasts Trends, Opportunities and Substantial Growth of AI In Media & Entertainment by 2028
IMARC Group, a market research company, published a report forecasting the future of AI in the media and entertainment market during 2023-2028, which size is expected to reach US$ 53.32 Billion, reflecting a growth rate of 26.71%.
The 2023 Nostradamus Report Predicts AI Will Upend the Industry Within 5 Years
The Tenth Annual Report is titled: “Everything Changing All At Once”