- thereach.ai
- Posts
- Study Shows 62,000 Entertainment Jobs Are At Risk
Study Shows 62,000 Entertainment Jobs Are At Risk
Sorin Ciornei
January 31, 2024
Welcome, AI enthusiasts
Study shows 62,000 entertainment jobs are at risk in California, Siemens CEO all in on the Metaverse, AI Companies lose $190 billions in market cap.
In today’s newsletter:
Siemens CEO Roland Busch is bullish on the potential of digital twins and the industrial metaverse to revolutionize manufacturing
Atropos Health partners with Google Cloud to rapidly generate insights from healthcare data using natural language AI
IBM introduced the IBM Framework for Securing AI
Siemens CEO Roland Busch is bullish on the potential of digital twins and the industrial metaverse to revolutionize manufacturing
AI companies lose $190 billion in market cap after Alphabet and Microsoft report
NEWS OF THE DAY
Illustration made with Midjourney
What: A new study by consulting firm CVL Economics has revealed that the rise of artificial intelligence (AI) could displace over 62,000 entertainment jobs in California within the next three years.
Key points:
🎞️ 62,000 entertainment jobs in California could be disrupted by AI in the next three years.
🎧 AI is most likely to impact entry-level positions in film, TV, music, and gaming.
🧑🎨 The most vulnerable job tasks include 3-D modeling, character and environment design, voice generation, and compositing.
Noteworthy: Nicole Hendrix, co-founder of the Concept Art Assn., called the results of the study “chilling” and said she was surprised at the high percentage of jobs at risk of AI disruption.
Animate your logo with Runaway
What: There are a few major Video AI startups, Runaway and Pika are the most advanced so far. While there are a lot of amazing examples out there on how AI tools can be combined to make even movie trailers or short movies, you can play with it even with simple tasks.
Key points:
Take a vector file of your logo with transparent background
Add a background based on what you want (we did this in Canva)
Let Runaway do the rest
Noteworthy: For now with the free versions of these tools the animation is directed by the AI, but if you want to indulge yourself in more tweaks and detailing, Runaway released its Multi Motion Brush recently.
EDITORIAL
What: The internet, in its broader context, functions as a series of queries. When it comes to search queries, these are the main catalyst for driving traffic over the internet. When AI does most of the search for us, will there be any traffic on the internet?
Key points:
🤯 The internet industry in the crossfire for disruption amounts to a whopping $1.1 trillion.
📈 AI-driven GUIs could disrupt this industry by replacing websites, e-commerce platforms, and search engines.
🚀 However, AI also presents new opportunities for businesses that can adapt and leverage AI’s capabilities.
💡 Companies like Amazon have a history of successfully pivoting to new markets, and they may be well-positioned to capitalize on the opportunities created by AI-driven GUIs.
Noteworthy: There will be a need to redesign the current monetization system that drives traffic across the internet. Whoever ranks on the 1st page of Google gets the biggest pie of the cake today. But in the future, Google might not have pages at all.
LATEST NEWS
IBM introduced the IBM Framework for Securing AI. 🔐
Organizations need to establish a strategy for securing AI. 🚧
This includes both models they’re actively investing in and shadow AI. 🕵️♀️
Security teams have a rare time advantage to secure AI before attackers do. 🏃♂️
Siemens CEO Roland Busch is bullish on the potential of digital twins and the industrial metaverse to revolutionize manufacturing and other industries.
In an exclusive interview with VentureBeat, Busch said that digital twins are “a precursor to an industrial metaverse” and that they can “make companies more productive and shave years of the development for complicated products such as new aircraft.”
🔬 Atropos Health partners with Google Cloud to rapidly generate insights from healthcare data using natural language AI (NLP).
🚀 ChatRWD, Atropos’ new NLP tool, delivers insights in minutes, unlike traditional healthcare AI solutions that take months.
🤝 Strategic alliance between healthcare organizations and tech giants to unlock value from patient data.
AI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their stocks soaring.
MIDJOURNEY PICK OF THE DAY
Image generated with Midjourney, prompt: portrait photography of a typical corporate employee in casual attire, smiling, at a art workshop
Check out our guides on how to generate the best Midjourney pictures, from fashion, nature, street art or illustration.