- Oct 17, 2024
- 4 min read
Hello, AI Enthusiasts.
Thursday night is here, and with the weekend approaching, there's plenty of exciting news in the AI world! 🚀
Meta is taking its generative AI video tool, Movie Gen, for a test drive in Hollywood. In collaboration with Blumhouse Productions and well-known filmmakers like Casey Affleck, Meta hopes to discover how AI can complement the creative process. 🎬
We’ve also featured other interesting reads, including a look at how AI is revolutionizing the legal landscape by removing common obstacles that slow down business operations. And on a larger scale, the Treasury Department is implementing AI solutions to save taxpayers billions.
Enjoy the read tonight! 🌙
Here's another crazy day in AI:
Hollywood filmmakers experiment with Meta’s AI Tool
AI is breaking down legal barriers that hinder business progress
How the Treasury is using AI for taxpayer to save billions
Some AI tools to try out
TODAY'S FEATURED ITEM: Filmmakers Meet Meta's Movie Gen
Image Credit: Wowza (edited with Canva; Meta and Blumhouse logos)
What if AI could help filmmakers bring their wildest dreams to life?
Meta is pushing the boundaries of filmmaking by teaming up with renowned creators like Casey Affleck and Blumhouse Productions to test a new AI tool, Movie Gen. This tool allows filmmakers to generate short, realistic video clips using just a few lines of text. In Variety, Todd Spangler explores how this collaboration is reshaping how filmmakers approach creativity, with AI acting as a potential new partner in storytelling.
Here's what's happening:
Meta launched a pilot program to test its Movie Gen AI tool with filmmakers, including horror studio Blumhouse and select directors like Casey Affleck.
Meta’s Movie Gen AI tool generates video clips up to 16 seconds long in 1080p, complete with sound, allowing creators to explore new ideas more quickly.
Filmmakers like Casey Affleck, Aneesh Chaganty, and the Spurlock Sisters are using the tool to enhance their stories and provide feedback on its development.
Chaganty’s short film, “i h8 ai,” highlights the conflict many filmmakers feel about AI, but also showcases its ability to add new creative layers to projects.
Meta aims to refine the tool through this pilot program before a wider release in 2025, starting with Instagram.
The program emphasizes that AI can be a supportive tool, offering unexpected visual and audio elements that inspire new creative directions.
The idea of using AI in filmmaking is still in its early stages, but Meta’s approach shows a commitment to making it a collaborative tool rather than a replacement for human creativity. By inviting filmmakers into the development process, Meta is positioning Movie Gen as something that can support and elevate storytelling, rather than disrupt it. Directors like Affleck and Chaganty have already started using the tool to experiment with how it can add depth and texture to their work, from enhancing short films to creating entirely new visual elements.
But there’s also caution in the air. For many filmmakers, the introduction of AI raises important questions about the future of creativity. Could these tools eventually replace traditional film techniques, or will they simply offer new ways for directors to express their visions?
For now, Meta seems to be leaning toward the latter. Their pilot program aims to fine-tune the technology by listening to the needs and concerns of the creative community, ensuring that AI remains a helpful, not harmful, addition to the filmmaking toolkit. It’s clear that while AI might help filmmakers dream bigger, the heart of the industry will always be human.
Read the full article here.
Watch Chaganty’s short film here.
OTHER INTERESTING AI HIGHLIGHTS:
AI is breaking down legal barriers that hinder business progress
/Tom Saunders, Financial Times
AI is transforming legal processes by eliminating the common bottlenecks in contracts, procurement, and legal research. Businesses are experiencing significant time and cost savings, with tasks that once took days now completed in minutes. Solutions like ContractPodAi and LexisNexis are leading the charge, streamlining legal workflows, while the standardization of legal data is facilitating smoother AI integration across firms. As a result, companies are operating more efficiently, accelerating their decision-making and reducing delays.
Read more here.
How the Treasury is using AI for taxpayer to save billions
/Rob Wile, NBC News
The Treasury Department is leveraging AI technologies to achieve substantial savings for taxpayers, potentially amounting to billions. By automating repetitive tasks and utilizing advanced data analysis, the department is enhancing its ability to detect fraud and ensure compliance. This strategic adoption of AI not only streamlines operations but also allows for a more effective allocation of resources. As a result, taxpayers are seeing significant cost reductions, positioning the Treasury as a model for efficiency and innovation within government agencies.
Read more here.
SOME AI TOOLS TO TRY OUT:
Pitchleague - Get feedback on your pitch deck.
FAQWidget - AI-powered FAQ generator to enhance engagement and sales.
Wandpen - Chrome extension for grammar fixes and rewriting suggestions on selected text.
That’s a wrap on today’s Almost Daily craziness.
Catch us almost every day—almost! 😉
EXCITING NEWS:
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