cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
cross-posted from: https://lemmy.world/post/44699253
This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.
Hopefully, it is the start of the AI bubble bursting.
The market for professional video is fairly small, and most of the cost is in sales. ie. the advertising agency, or movie/show pitch that demands the producers get rich independent of production costs.
. Ai companies want to replace all YouTube , and TikTok,creators with ai video content farms, capturing the creator market and if it scales the streaming market. Instead of getting a cut gen ai would let platforms eat the whole pie alone.
A significant number of smaller creators I watch have drastically increased the quality of animations and b roll by using ai tools.
These tool are a big deal to a big market.