Paramount Skydance CEO Says AI Could Be the Biggest Creative Breakthrough in Movie History

David Ellison, CEO of Paramount Skydance, said in a recent earnings call that AI could become the biggest creative breakthrough in movie history. He believes AI will greatly unlock creative potential in filmmaking.

He pointed out that the last change of this scale was CGI in the early 1990s, which gave us classics like Jurassic Park and Terminator 2.

He used The Terminator as an example. The film cost 4 million dollars to make back then, but remaking it shot by shot today would cost 60 to 70 million dollars.

AI could help cut these costs and ease budget pressure, making it easier for studios to take creative risks and bring more original stories to life.