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Tyler Perry Puts $800M Studio Expansion On Hold After Seeing OpenAI’s Sora: “Jobs Are Going to Be Lost”
(www.hollywoodreporter.com)
this post was submitted on 23 Feb 2024
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And it is now a self-fulfilling prophesy because a lot of people just lost out on working on his studio expansion project.
This announcement is performative. Probably just a "good" reason to back out of something they didn't want to do anymore, anyway. Otherwise there's paper on the deal and they wouldn't back out.
That's true. If he really wanted to expand, he would just expand into AI filmmaking too. This sounds like a money problem, not a technology issue.