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Paramount Skydance CEO David Ellison said on an earnings call that AI's impact on the film industry could surpass that of CGI, calling it "the biggest creative unlock in modern history." Citing The Terminator as an example, he said the film cost about $4 million to make at the time, while a shot-by-shot remake today would cost $60 million to $70 million, and argued that AI tools can make budgets more controllable, thereby supporting more original storytelling. Ellison also said the company is developing its own AI tools and stressed that AI is a tool for artists and will never replace them.
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David Ellison says AI's impact on the film industry may exceed CGI
Source:The Verge AI
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Nov 10
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Paramount Skydance CEO: AI's impact will surpass CGI, may become the biggest creative breakthrough in film history
Paramount Skydance CEO Ellison said on an earnings call that AI's impact on filmmaking could exceed that of CGI, and that it is one of the greatest creative unlocking tools in modern history. He cited "Terminator 2" as an example: it cost about $4 million to make at the time, while recreating it shot-for-shot today would cost $60 million to $70 million, and AI is expected to lower costs in some stages. Paramount Skydance is developing its own AI tools for use across multiple business areas, and Ellison stressed that AI should be a tool for artists rather than a replacement.
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The Verge AI
Paramount Skydance CEO David Ellison: AI could be the biggest creative unlock in modern history
Paramount Skydance CEO David Ellison said on an earnings call that AI's impact on the film industry could surpass that of CGI, calling it "the biggest creative unlock in modern history." Citing The Terminator as an example, he noted that the film cost $4 million to make at the time, while shot-by-shot reshoots today would cost $60 million to $70 million, and argued that AI tools can make budgets more controllable and thereby support more original storytelling. Ellison said the company is developing its own AI tools and stressed that AI is a tool for artists and will never replace them.
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