The Prof G Pod with Scott Galloway No Mercy / No Malice: Frenemies
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Jul 29, 2023 Explore the turmoil in Hollywood as strikes highlight the industry's struggle against big tech and AI. The discussion emphasizes the urgent need for adaptation in capital strategies. Dive into the complex relationship between tech and entertainment, revealing how major tech companies are reshaping traditional journalism. Collaboration among industry players is deemed essential to protect intellectual property in this new era. It's a thought-provoking take on the challenges facing creative industries today.
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Hollywood's True Enemy
- Hollywood's real enemy isn't the striking writers or actors, but Big Tech and its AI offerings.
- These AI platforms threaten to devalue content and disrupt the relationship between consumers and creators.
Focus on IP and Compensation
- Writers, actors, and studios should focus on securing compensation for the use of their work in training AI.
- They also need to demand better IP protection for their digital twins to prevent exploitation.
Studios as Venture Capitalists
- Studios primarily allocate capital, taking significant risks on projects, much like venture capitalists.
- Big Tech's entry into Hollywood demonstrates this, as they bring cheaper capital and risk tolerance.