Thanks for the summary of the current pros and cons of AI-generated video clips!
It reminded me of PC Gamer magazine in the 1990s. Each issue of PC Gamer reviewed recently released computer games. The fun extra bit of each issue was that a CD was included, and it had little demos of upcoming computer game releases.
I'd play these demos and many of these games looked awesome. Of course, when the actual games came out months (or years) later, most of them were okay, some were terrible, and only a handful were actually as cool as the demo I'd played.
It's always easier to generate hype than follow through completely on your initial promise. AI video seems no different from computer game demos from the 1990s.
Great analogy. I think we'll see some compelling use cases of AI video across simple formats soon. For example, AI videos of influencer talking head videos. The world of directing narrative films is further off though.
Just remember the best AI models will never be available to the public. The late Jim Simons and his team at Renaissance Technologies created the medallion fund based on the most aggressive machine learning AI algorithms. The algorithms created hundreds of billions of dollars surpassing their expectations so they had to buy investors out of the fund and keep the fund completely private solely for employees.
Thanks for the summary of the current pros and cons of AI-generated video clips!
It reminded me of PC Gamer magazine in the 1990s. Each issue of PC Gamer reviewed recently released computer games. The fun extra bit of each issue was that a CD was included, and it had little demos of upcoming computer game releases.
I'd play these demos and many of these games looked awesome. Of course, when the actual games came out months (or years) later, most of them were okay, some were terrible, and only a handful were actually as cool as the demo I'd played.
It's always easier to generate hype than follow through completely on your initial promise. AI video seems no different from computer game demos from the 1990s.
Great analogy. I think we'll see some compelling use cases of AI video across simple formats soon. For example, AI videos of influencer talking head videos. The world of directing narrative films is further off though.
Also, (I'm sure you get this a lot), are you related to Ted?
Have you seen the chatGPT apps yet? I turned a whole article into a Youtube short in 1 minute. Here's the video:
https://substack.com/profile/129998114-thalia-the-muse-of-comedy/note/c-61643126
It's comically bad but also really good considering it took me one minute to make.
Just remember the best AI models will never be available to the public. The late Jim Simons and his team at Renaissance Technologies created the medallion fund based on the most aggressive machine learning AI algorithms. The algorithms created hundreds of billions of dollars surpassing their expectations so they had to buy investors out of the fund and keep the fund completely private solely for employees.