WATCH: AI movie app ‘could create blockbusters in the bedroom by the end of the year’ | Cryptomile
The rise of text-to-video applications could create AI-generated feature films in people’s bedrooms by the end of the year, web3 advisers argue.
On this week’s episode of The Crypto Mile, Yahoo Finance UK sat down with Nova Lorraine. He envisions a future where artificial intelligence (AI) applications streamline filmmaking, and from six months to a year he sees blockbusters coming out of people’s bedrooms.
Lorraine said AI movie-generating apps could potentially democratize the filmmaking process in the same way YouTube democratized the film distribution process.
Lorraine said it was “very feasible” that the filmmaking process, from screenwriting to post-production, could be accomplished using AI applications on home computers.
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“Creators who are already making short films from start to finish, from script to output and online, are doing it all from their bedrooms,” she said.
“So if we scale this up and bring together technicians, artisans, illustrators, creative directors, costume designers and screenwriters, we could produce a feature film in six months by the end of this year.”
Lorraine said there are also distribution-purpose AI apps to “know which audience is best suited for your film.”
Nathan Lands, founder of AI agency Lore.com, said: A Hollywood blockbuster made in your bedroom You may be able to take advantage of the significant cost savings provided by AI applications.
“When it comes to the potential for a Hollywood blockbuster made in the bedroom, I think it’s going to be another five years before that level of production is ready. It’s only a matter of time before the traditional filmmaking process is severely disrupted. ‘, said Lands.
“During my time in Hollywood, I’ve worked closely with someone like Barry Osborne, so I’ve seen first-hand the challenges facing the industry.”
AI startup Sudowrite recently announced Story Engine, a tool designed for creating long-form stories. Sudowrite claims that “you can create pages of content faster than you can brew coffee.”
Lorraine added that technological developments within AI will make the production process more efficient “in terms of time, cost and amount of content that can be produced.”
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But critics argue that these applications can threaten jobs and even human imagination and creativity. Lorraine highlighted the current Writers Guild of America strike and the need to “protect the creators and artisans of the film industry.”
writers strike
Hollywood writers are on strike amid debate over the impact of AI on the creative industries.
The strike against film studios and streamers, headed by the Alliance of Motion Picture and Television Producers (AMPTP), is now in its third week.
Despite current limitations in emulating human emotions, future improvements may use AI-generated scripts, calling for human involvement and fair reward guarantees is rising.
Will AI enhance or undermine human creativity?
Lorraine said, “There is a risk of laziness in AI, but remember the principle of ‘garbage in, garbage out.'”
She sees AI as a tool that will see unprecedented adoption, become more accessible, and transform the creative world.
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But she predicts a proliferation of similar AI-generated content, demanding greater creative originality.
“The rapid adoption of AI is demanding a higher degree of creativity, forcing us to explore new territories and merge mediums and technologies,” she said.
Lorraine, who also hosts the AI for Creatives podcast, also envisions the emergence of previously nonexistent roles and the potential for entirely new art forms to emerge in response to AI.
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