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šŸŽ¬ Netflix CEO says AI will Enhance Movies 10% More, 🚨 Musk & AI & šŸ“² Instagram's New ā€œBlendā€ Feature

Netflix’s Ted Sarandos says AI won’t just save money: it’ll actually make movies better, igniting a spicy debate in Hollywood. Meanwhile, Instagram launches a new feature to blend your friends' Reels into one feed, and Elon Musk tops the list of brand hazards, according to corporate leaders.

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The Story: Netflix Co-CEO Ted Sarandos recently addressed comments made by James Cameron regarding AI's potential to drastically cut film production costs. Sarandos argues that the greater opportunity lies in using AI to enhance films by 10% rather than just making them 50% cheaper. He emphasizes that AI can automate various stages of filmmaking, making advanced visual effects more accessible to smaller productions.

I read the article too about what Jim Cameron said about making movies 50% cheaper…I remain convinced that there’s an even bigger opportunity to make movies 10% better. So, our talent today is using AI tools to do set references, pre-vis, VFX sequence prep, shot planning, all kinds of things today that kind of make the process better. Traditionally, only big-budget projects would have access to things like advanced visual effects such as de-aging. Today, you can use these AI-powered tools to enable smaller-budget projects to have access to big VFX on screen.

Ted Sarandos

The Details:

  • During a recent earnings call, Sarandos agreed with Cameron’s sentiments about AI’s role in cost reduction but highlighted its potential for quality enhancement.

  • Sarandos noted that AI is already being utilized for set references, pre-visualization, and VFX preparations, improving the filmmaking process.

  • With AI, even smaller projects can access high-end visual effects that were once reserved for big-budget films, democratizing production quality.

  • He cited Martin Scorsese’s "The Irishman" as a case study where cutting-edge VFX had significant costs and complexities, which could now be simplified with AI-powered tools.

  • The advancements show that the entire budget of newer films, like "Pedro PĆ”ramo," can equal the VFX costs of "The Irishman," highlighting AI’s capacity to ease production burdens.

Why It Matters: Sarandos’ insights signal a pivotal shift in the film industry where AI is poised to empower creators rather than replace them. Instead of merely focusing on cost-efficiency, the aim is to enhance storytelling and creative processes for all filmmakers. As AI tools evolve, they will not only level the playing field for smaller productions but also push the narrative that true creativity can thrive in an AI-augmented environment. For creatives, this development represents an exciting future where they can realize their visions with fewer limitations and a more robust toolkit at their disposal.

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The Story: A recent survey from the Global Risk Advisory Council identifies associations with Elon Musk and the misuse of artificial intelligence as the top threats to brand reputation today. Over 100 international public affairs leaders warn that companies must navigate these risks carefully to maintain stakeholder goodwill in an increasingly polarized environment.

The Details:

  • The survey highlights that nearly 30% of public affairs experts believe aligning with Musk, or facing his criticism, heightens scrutiny on brands, which can lead to reputational damage.

  • Misuse of AI, particularly in creating deepfakes and spreading misinformation, is noted as the largest risk, with experts emphasizing the need for comprehensive AI policies in organizations.

  • A significant number of respondents flagged backtracking on diversity, equity, and inclusion initiatives as a critical third risk, reflecting shifting societal values influenced by the current US administration.

  • The report, which draws from diverse industries and former officials, is set to provide quarterly updates to help brands stay informed about potential reputational threats.

Why It Matters: In today’s contentious landscape, brands are under pressure to cultivate a positive reputation, and these findings serve as a stark warning. As AI continues to develop rapidly, the potential for misuse grows, causing irrevocable harm. Brands operating in this environment must remain vigilant, understanding that their associations can make or break public trust. Ignoring such guidance could lead companies into a reputational freefall, making it crucial for creative professionals to strategize wisely and adapt to these evolving risks.

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The Story: Instagram has launched a new feature called Blend, which creates a custom Reels feed shared among members of a direct message (DM) group. This innovative tool refreshes daily and aims to enhance social interaction and content discovery, moving away from a purely individual recommendation system to one that emphasizes group dynamics.

The Details:

  • Blend allows users to create a custom Reels experience in either one-on-one or group DMs, inviting members to co-experience suggested Reels.

  • Users can activate Blend by tapping an icon in the chat and inviting others; the content offered gets refreshed every day, providing a dynamic viewing experience.

  • The launch is seen as a strategic move by Instagram to shift focus from individualistic algorithms toward nurturing social recommendations, addressing concerns about content echo chambers.

  • This feature is inspired by Spotify’s Blend, which merges song preferences of users into a shared playlist, fostering mutual discovery through interactions.

  • Instagram's shift comes as the platform is looking to capitalize on TikTok’s uncertainties and enhance user engagement by revitalizing private message channels.

Why It Matters: The introduction of Blend is significant as it represents a fundamental shift in how social media platforms might approach content recommendations. By emphasizing collective experiences and social interactions, Instagram aims to combat the isolation users often feel and encourage genuine connections through shared content. For creative professionals, this could open new avenues for collaboration, marketing opportunities, and deeper engagement with their audiences as content flows seamlessly within trusted social circles.

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šŸ”„ Press Worthy

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Japan's government grapples with the legality of AI-generated Ghibli-style art, igniting fierce debate among fans. While some argue these creations infringe copyright, authorities suggest the style remains fair game, making legal action a complex challenge ahead for artists.

The golden rule for ADHD creatives? The Rule of Three! Focus on no more than three goals, ideal client segments, and core services. Simplifying your focus can help reduce overwhelm and enhance creativity. Remember, less is more in the chaotic world of freelancing!

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The DOJ is pushing for a breakup of Google, claiming it holds an illegal monopoly in online search. They want a judge to force Google to sell Chrome and share data. With other looming antitrust issues, Google is facing a critical moment that could shift its power in tech.

Canadian photographer Don Komarechka faces backlash over a copyright dispute after defending his image "Maple Leaf Flag". Boris Kriger, initially countering Komarechka's DMCA strike for using the image in a YouTube thumbnail, recently retracted his claim, revealing tensions in the creator community. Kriger criticized Komarechka’s actions as unreasonably punitive, arguing for goodwill and humanity in artistic subsistence. This saga highlights a critical issue in copyright ethics: where do rights end and predation begin?

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Instagram is trialing a new feature called "Storylines," allowing friends to add related content to each other's Stories, creating a richer narrative. This move aims to boost interaction and engagement, making the platform more about connection than mere entertainment.

YouTube is expanding its Hype program to help emerging creators gain exposure by letting viewers allocate ā€œhype pointsā€ to their videos. As of next month, mid-roll ads will be strategically placed in optimal gaps, nudging creators to adjust ad slots for better earnings.

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