Movie Mogul Tyler Perry Stops Production on $800M Studio Expansion After Seeing Video AI Model

Movie Mogul Tyler Perry Stops Production on $800M Studio Expansion After Seeing Video AI Model

By Lauren Victoria Burke, NNPA Newswire Contributor

Tyler Perry was planning an $800 million expansion of his studio in Atlanta. Now the plans are on hold. Why? Because a new text-to-video artificial intelligence (AI) model. The new AI model by ChatGTP entitled “Sora” creates video from a text prompt.

In an interview with the Hollywood Reporter on Feb. 23, Perry, who is worth over $1 billion, said that the new technology will cause job loss in the movie industry. The question of how artificial intelligence technology will impact employment across fields is a growing concern.In the creative fields around special effects […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.