Hollywood is on strike because CEOs fell for Silicon Valley’s magical thinking::Inspired by the success of Netflix, Hollywood studios pursued Silicon Valley-style hypergrowth with tactics borrowed from the likes of Uber and Lyft.

  • The Snark Urge@lemmy.world
    link
    fedilink
    English
    arrow-up
    65
    arrow-down
    2
    ·
    1 year ago

    Hilarious timing, considering that the only reason tech was able to act like that was thanks to excessively dovish monetary policy in the wake of 08… Which has now come full circle.

    Hollywood is going to crash and burn because they think AI is free creative labor. But an exec can be replaced by AI much more ably than a creator already. Truly good creative AI is still not here. Not for what they’d need.

      • The Snark Urge@lemmy.world
        link
        fedilink
        English
        arrow-up
        18
        ·
        1 year ago

        “ChatGPT, read this SEC filing and these quarterly reports. Suggest high level areas for improving shareholder value and the performance of the business as a whole as an agenda for the next board meeting. Issue a statement to the investors. Then golf and do cocaine for three months.”

        CEOs r fuk

        • Sanctus@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          ·
          1 year ago

          Its not even funny how true this statement is. ChatGPT could easily replace every managing partner at my company and the business would have all the more money to reinvest into itself without them pocketing all the profit.

      • KevonLooney@lemm.ee
        link
        fedilink
        English
        arrow-up
        7
        ·
        1 year ago

        ChatGPT is actually very bad with numbers or following a step-by-step process. It just says things that sound correct. It doesn’t know what’s going on.

        So it can only replace the bad executives who sound like they know what they’re doing. It literally can’t add 2 + 2.

        • ElectroNeutrino@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 year ago

          ChatGPT is an LLM tuned to emulate how a human would generate text.

          I would imagine that a different type of AI would be used if they wanted it to work with numbers.