AI film apps could see 'blockbusters created in bedrooms by end of the year' | T...
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AI film apps could see 'blockbusters created in bedrooms by end of the year' | The Crypto Mile
AI film apps could see 'blockbusters created in bedrooms by end of the year' | The Crypto Mile
On this week's episode of The Crypto Mile, our host Brian McGleenon spoke with futurist, strategist, and Web3 advisor Nova Lorraine about the rapid advance of artificial intelligence technology, and how it could present Hollywood, and the traditional filmmaking process, with an imminent challenge. Lorraine described a future of bedroom-produced blockbusters, that take advantage of the significant cost reductions brought about by AI applications such as MidJourney, Descript, and Runway. She described how the advent of AI could democratise the film production process in the same way that YouTube democratised the film distribution process.
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AI film apps could see 'blockbusters created in bedrooms by end of the year' | The Crypto Mile10:12
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On this week's episode of The Crypto Mile, our host Brian McGleenon spoke with futurist, strategist, and Web3 advisor Nova Lorraine about the rapid advance of artificial intelligence technology, and how it could present Hollywood, and the traditional filmmaking process, with an imminent challenge. Lorraine described a future of bedroom-produced blockbusters, that take advantage of the significant cost reductions brought about by AI applications such as MidJourney, Descript, and Runway. She described how the advent of AI could democratise the film production process in the same way that YouTube democratised the film distribution process.
Video Transcript
BRIAN MCGLEENON: I've come to this week's episode of The Crypto Mile. This week, we're joined by Nova Lorraine, a futurist, strategist, and Web3 advisor, as we delve into the world of AI-generated videos. With firms like Runway and Nvidia pioneering AI text to video applications. The implications for Hollywood, the film industry, and even our sense and perception of reality could be profound. Nova, welcome to The Crypto Mile. Glad to have you with us.
NOVA LORRAINE: I'm happy to be here.
BRIAN MCGLEENON: Now, we're seeing a vast array of AI-generated content. These videos are starting to look quite good. Now, when are we going to see a blockbuster style film credit say from somebody's bedroom?
NOVA LORRAINE: Blockbuster style, that's very feasible. And we could talk about how that can happen. But we have creators creating short films right now with AI, start to finish, from script to output to online.
BRIAN MCGLEENON: OK, And the quality there is just like--
NOVA LORRAINE: If you didn't know it was created by AI, you were like, oh, that's a really cool story. That's it. But when you find out that it's created with AI, it's like what?
BRIAN MCGLEENON: Yeah. So when we look at like the amount of money that's sort of poured into big productions like, say, Amazon's "The Rings of Power", and then we kind of look at what people are creating in their bedrooms, is there any timescale that you're thinking of when we will see that type of quality for a feature film made from somebody's bedroom?
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