To Save Itself, Hollywood Must Build Its Own ChatGPT

Now, generative AI is the potential kill shot, the one that could cause copyright owners to surrender their library of scripts, created over decades, in exchange for promised benefits that will never arrive.

When it comes to generative AI and video, Silicon Valley only needs to hook one constituency— Hollywood executives. Once studios buy in, they will be at the mercy of the purveyors of that technology. It happened in journalism. It happened in music. Silicon Valley did not kill those industries, but it gained control of the audience and extracted a huge percentage of the potential…