COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Generative AI Tools to Cause Job Losses in Film and Animation Industries
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > General > Generative AI Tools to Cause Job Losses in Film and Animation Industries
General

Generative AI Tools to Cause Job Losses in Film and Animation Industries

In Brief

  • Generative AI will lead to job reductions in film and animation.

  • Survey shows 75% of leaders support AI's impact on jobs.

  • Sound designers expected to be most affected in three years.

COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

According to consulting firm CVL Economics, generative artificial intelligence (Gen AI) tools will lead to more job losses in the film and animation industry compared to other sectors. The firm’s January 2024 report, based on a survey conducted with 300 leaders from six entertainment sectors including senior and middle managers between November 17 and December 22, 2023, stated that 75% of the respondents supported the elimination, reduction, or consolidation of jobs in their divisions due to Gen AI tools, software, and models.

What Are the Notable Details from the Survey?

Gen AI generates various contents such as images, text, and music without explicit programming. It uses machine learning to understand and replicate patterns from existing data. According to the report, 55% of leaders expect sound designers to be the most affected within the next three years. Over 40 see music editors, sound technicians, and sound engineers as vulnerable, while around 33% anticipate effects on lyricists, composers, and studio engineers.

Contents
What Are the Notable Details from the Survey?Generative Artificial Intelligence Tools

Shortly after the launch of ChatGPT in July 2023, the Writers Guild of America (WGA) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) called a strike due to developments in artificial intelligence that could affect job roles and security in the field.

Prior to the strike, numerous companies were using writers’ content to train Gen AI programs and create digital copies and characters based on an actor’s likeness. Workers on strike feared their roles being replaced by Gen AI technology without solid assurances.

Generative Artificial Intelligence Tools

Despite recent positive contract negotiations with the Alliance of Motion Picture and Television Producers, concerns about the impact of Gen AI tools on the film and television industry and other entertainment sectors continue among WGA and SAG-AFTRA members.

The report indicates that 47% of business leaders believe Gen AI tools will effectively produce 3D assets and realistic sound design for film, television, and video games within the next three years. It also mentions that 44% think Gen AI tools will be able to create realistic and convincing foreign language dubbing for film or television dialogues, and 39% believe that Gen AI tools will produce music mixes and masters by 2026.

However, CVL Economics has announced that companies such as Riot Games, Unity Software, Amazon MGM Studios, Pixar, and Universal Music Group have made layoffs in the first few weeks of 2024, with more layoffs expected in the coming months.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Live Crypto News Feed – Track 24/7 Cryptocurrency Updates on a Single Screen | COINTURK

Trump’s Bold Tariff Announcement Sends Markets Soaring

Bitcoin’s Critical Support Level Sparks Market Optimism

A Colourful Puzzle Brain Teaser for iOS 🕹️

Shiba Inu and Minotaurus Compete for Price Surge in the Meme Coin Arena

COINTURK NEWS 4 February, 2024 - 5:36 pm 4 February, 2024 - 5:36 pm
Share This Article
Facebook Twitter
Share
Previous Article Bitcoin Expected to Reach All-Time High by 2024 But Faces Initial Setback
Next Article Key Token Unlock Events in the Crypto Market
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Dive Deep into Iran’s Monetary Challenge
Cryptocurrency News
Why Did Bitcoin Pump? The Answer Isn’t on the Chart — It’s in Live Macro Data
Bitcoin News
Traders Brace for a Potential Liquidation Wave: Insights on BTC, SEI, and SOL Coins
Solana (SOL) Technical Analysis
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?