AI Will Cut Cost of Animated Films by 90%, Jeff Katzenberg Says.

According to Jeffrey Katzenberg, artificial intelligence (AI) will significantly reduce the cost of creating animated movies. Katzenberg believes that the adoption of AI will accelerate the digital transformation of the entertainment industry by a factor of 10. However, there are concerns about the potential pitfalls of AI, such as data privacy issues. Other business leaders at the Bloomberg New Economy Forum also discussed the challenges of AI, including the need for proper training and understanding, as well as the potential social problems that may arise from rapid technological advancements. [Extracted from the article]