This week let’s settle back to our sofas, grab our remote controls and work out what to watch with Doug Shapiro, among the most prominent voices in the world of television and its tech disrupters. His clear and concise work, all available to watch and read on his website is the go to for thousands.
For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.com
You can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/
More on Will Page at: https://pivotaleconomics.com
(Times below correspond to the episode without considering any inserted advertisements.)
In this episode of Bubble Trouble, hosts delve into the intricacies of media disruption with Doug Shapiro, a prominent voice in TV, economics, and tech. Celebrating over a century of their show's success, they explore topics such as the supply and demand curve changes, the potential of AI in content creation, and the future of media companies amidst technological advancements. Shapiro offers insights into the tectonic shifts affecting the industry, from the rise of new media over traditional formats to the economic implications of infinite content in a world of fixed demand. The discussion also touches on intellectual property, the ethics surrounding AI, and the challenges faced by incumbents in adapting to rapid innovation.
00:00 Introduction
00:42 Part One
00:49 Guest Introduction: Doug Shapiro
01:12 Doug Shapiro's Career Journey
02:12 The Evolution of Media Consumption
03:50 Supply and Demand in Media
07:19 Generative AI and Content Creation
10:32 The Future of Media Distribution
23:09 The Creator Economy and Power Laws
27:13 Part Two
27:30 Hollywood vs. Big Tech
30:00 AI's Impact on Hollywood: A Double-Edged Sword
30:44 Disruption in the Entertainment Industry
31:23 The Future of High-End Content
32:06 AI as a Productivity Tool in Hollywood
32:46 The Rise of AI-Enabled Studios
33:43 Introducing Sora: The Future of Content Creation
35:14 The Turing Test in Video Content
38:22 Local Content vs. Global Tent Poles
40:21 The Copyright Conundrum
41:56 The Dirty Deal: Media and Tech Collusion
48:06 The Fair Use Debate
50:59 Disruption is Hard: Lessons from Netflix
54:22 Concluding Thoughts and Future Outlook
55:42 Credits
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