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Publishers like Reddit and Yahoo launched a new licensing standard to charge AI companies for training data. The Really Simple Licensing protocol lets sites demand payment per crawl or per AI response. No major AI company has agreed to comply yet.
Good Morning from San Francisco, Meta's $72 billion talent splurge hits turbulence. ChatGPT co-creator Shengjia Zhao nearly bailed
Explore how Runway's Gen-4, an AI-driven technology, is poised to transform Hollywood's traditional filmmaking rules.
Runway just fired a shot across Hollywood's bow. Their new AI video generator, Gen-4, claims to do what others can't: create consistent characters and scenes that actually make sense.
The tool keeps characters looking like themselves across different shots - a neat trick that's harder than it sounds. Users just feed it a reference image and some instructions, and Gen-4 handles the rest. Want your protagonist in different lighting? Done. Need them walking through various locations? No problem.
But here's where things get sticky. Runway won't reveal where they got their training data, probably because they're already neck-deep in a lawsuit from artists who aren't thrilled about their work being used without permission. The company plays the "fair use" card, but the courts will have the final say.
Meanwhile, Runway's dancing all the way to the bank. They're reportedly seeking funding that would value them at $4 billion, with hopes of hitting $300 million in revenue this year. Impressive numbers for a company that might need to keep some lawyers on speed dial.
The real drama? Hollywood's watching this show with gritted teeth. A recent study suggests AI tools like Gen-4 could disrupt over 100,000 entertainment jobs by 2026. Those aren't exactly the kind of special effects the industry was hoping for.
Why this matters:
Read on, my dear:
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