Q or sadness. Um, you've made such amazing, or, you know, Orchestrated such amazing seminal works, um, during peak cinema, something Friedberg, Sachs, and I grew up in, defined, you know, a lot of, um, the way we look at art, and now it feels like it's lost in many ways. I'm curious when you see people making things with generative AI, what happens to your heart and to your mind?
A It's a great question, Jason, and I'll tell you why. First of all, streaming has basically destroyed the legacy business. You've probably all seen in the press what's going on with Paramount, where the Ellisons have purchased the company at a, at a price that's probably 20% of what it used to be. Um, it was one of the great seven horsemen of the entertainment business business. I was talking to David about, and Jason earlier, there's The entertainment business went from a, you get paid up front, and then you get a piece of the profits. So since streaming's come, you get paid up front, there are no profits. Your products in the ether, your books in the ether, your songs in the ether. Music is a little better because thanks to Daniel Ek, everybody gets a royalty, but it's very different than it used to be. So streaming has destroyed The business that I grew up in. It's why I wanted to get out of the entertainment business. You could see it coming. Secondly, I think that the, if you look past that and you look to AI right now, it's bittersweet. The things that can be done are mind boggling. We just saw a slight example. I'm involved with a company out of Germany with three young PhDs from the University of Heidelberg. They have just released their first product of text to video. I've never seen anything like this in my life visually. Um, you can say what you want and it shows up. …
AI assessment note: “if you look to AI right now, it's bittersweet. The things that can be done”