Runway CEO: AI could help Hollywood make 50 films instead of 1 $100M blockbuster
SMRTR summary
Runway CEO Cristóbal Valenzuela believes AI technology could transform Hollywood economics by enabling studios to produce 50 films for the same $100 million cost of one blockbuster, dramatically increasing content output and hit potential. Several major studios are already adopting AI to slash production costs, with early examples like the upcoming "Bitcoin: Killing Satoshi" reducing expenses from $300 million to $70 million.
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