Perry believes that tools like Sora will be a "major game-changer" due to their potential to cut costs. He fears that if pilots that would normally cost millions can be done at a fraction of the cost, companies will opt for the less expensive option, leading to significant job losses in the industry.
Key takeaways:
- Tyler Perry has halted an $800 million expansion of his Atlanta studio complex due to concerns about OpenAI's video-generator tool, Sora.
- Sora allows users to create 60-second videos from a simple text prompt, which Perry sees as a potential cost-cutting tool but also a threat to film and TV jobs.
- Perry expressed concern for the people he has trained in the industry and the potential job losses due to AI technology like Sora.
- Perry believes that the rapid advancement of technology in the industry will lead to a major shift in the economics of film and TV production, potentially leading to significant job losses.