The Hollywood Writers Guild initiated a large-scale strike starting from May of this year, primarily seeking better compensation and also addressing the impact of AI technology on creative positions. The strike remains unresolved, yet 96% of Hollywood's entertainment company executives have begun planning to heavily invest in AI technology to replace human creative efforts. This move is partly due to the traditional entertainment industry's business model facing challenges, with severe losses, prompting capital to urgently seek new profit growth points. Additionally, AI technology can utilize existing materials for large-scale, low-cost content creation, which is seen by capital as a "lifeline" to reduce costs. Despite the risks of quality and legal regulation, capital is still eager to embrace AI technology and break away from traditional business models. Although industry groups have stated that they will not completely replace human creators with AI, the future remains uncertain.
Hollywood Strike Continues, 96% of Entertainment Executives Plan to Invest in AI to Replace Human Labor

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This article is from AIbase Daily
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