Disney creates an AI task force to explore the tech and cut costs: Report

Share This Post

Disney has reportedly created a task force for studying how it can incorporate AI into its operations, sources close to the matter told Reuters.

Walt Disney is reported to have created a task force for the purpose of studying artificial intelligence (AI) and its potential applications throughout the company, according to a Reuters report

According to the report, three sources close to the matter vouched for the information, with one of the sources being an anonymous internal advocate who said Disney must understand AI or risk falling behind.

Additionally, Disney has 11 current job postings which are seeking individuals with expertise in AI and machine learning technologies. The open positions span across the company’s various branches from Walt Disney Studios to the theme parks and engineering.

In Disney’s television and advertising department, one of the job descriptions said it’s looking to create a “next-generation” AI-powered advertising scheme.

One of the Reuters inside sources said they see AI being used as a tool to cut sky-high costs of productions for movie and television releases. Another source told Reuters that AI could also help enhance customer support in the parks business. 

This news comes alongside other news of Disney’s metaverse chief, Mike White, officially departing the company, according to sources close to the matter. Disney officially shut down its metaverse division, approximately 50 employees in addition to White, back in March as a part of downsizing. 

Related: Google accused of illegally terminating contract staffers who worked on AI: Report

The entertainment industry has had a rocky relationship as AI prevalence increases. 

Netflix, the popular streaming service, has been eyeing AI integrations as seen through its new job postings of high-paid AI positions. The AI-related positions are both six-figure roles, with one almost in the millions.

AI has been a major negotiating point of the ongoing Hollywood strike, which involves writers, actors and anyone signed with the talent agency SAG-AFTRA.

Initially, Hollywood studios rejected the idea of banning the use of AI in writing rooms. Now, actors are fighting back against a proposal that says background performers should be scanned and paid for a day’s work and then grant productions ownership over the scan, image and likeness.

Magazine: Experts want to give AI human ‘souls’ so they don’t kill us all

Read Entire Article
spot_img

Related Posts

Accidental Bitcoin Transfer Pushes Satoshi Nakamoto’s Genesis Wallet Over 100 BTC

Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 010754671 BTC, valued at $7,211, to the wallet The current

Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?

Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space The Securities and Exchange Commission (SEC)

Toncoin Tsunami: $1 Billion Whale Activity Shakes Up Price – What’s Next?

Despite a recent surge in activity from large investors, often referred to as “whales,” the price of Toncoin (TON) appears headed for choppier waters This comes as analysts raise concerns

Despite FTX’s Collapse, FTT’s $535M Market Cap Highlights Crypto Absurdity

Ten days ago, the FTX estate overseeing the bankrupt company’s proceedings informed customers they would receive more than 100% repayment Following this announcement, the exchange token FTT

Tether CEO Hints at Development of Global P2P Financial Markets Terminal

Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal Ardoino explained that

Yuval Harari Criticizes Bitcoin, Naira Becomes World’s Worst-Performing Currency, and More — Week in Review

Historian Yuval Noah Harari criticized bitcoin, calling it a “currency of distrust” The Nigerian naira has become the world’s worst-performing currency after erasing its early April
- Advertisement -spot_img