"Tyler Perry Pauses $800M Studio Expansion Due to OpenAI's Sora Concerns"

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Source: Variety
"Tyler Perry Pauses $800M Studio Expansion Due to OpenAI's Sora Concerns"
Photo: Variety
TL;DR Summary

Tyler Perry has halted his planned $800 million studio expansion in Atlanta due to concerns over the impact of artificial intelligence, specifically citing OpenAI's text-to-video tool Sora as the reason for the stoppage. While Perry acknowledges the potential of AI to assist in filmmaking, he fears the potential job losses in the industry and hopes that the value of human workers isn't lost in the shuffle. This decision comes as Perry expands his deal with Netflix, adding a multi-year, first-look series pact to the previous feature film pact.

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