Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Disney’s new A.I. taskforce and what it means for cinema

Published

on

Walt Disney has established a task force dedicated to the exploration of artificial intelligence’s applications across its entertainment conglomerate, even as the entertainment industry contends with concerns over AI’s impact on jobs.

The initiative, initiated earlier this year prior to the Hollywood writers’ strike, aims to both develop AI solutions internally and collaborate with startup partners, according to three sources speaking to Reuters.

Disney’s commitment to AI is evident through its 11 job vacancies actively seeking candidates proficient in artificial intelligence or machine learning.

These positions span various segments of the company, encompassing Walt Disney Studios, theme parks, engineering divisions like Walt Disney Imagineering, Disney-branded television, and the advertising unit aiming to establish an AI-driven ad system.

Escalating production costs

The adoption of AI is viewed as a strategy to manage escalating production costs in the film and television industry, where budgets can soar to $300 million for major releases.

AI has the potential to enhance customer experiences in Disney’s parks, possibly providing advanced customer support and unique interactions, according to sources familiar with the matter.

Projects like “Project Kiwi,” which employed machine learning techniques to create a robot mimicking the movements and personality of the “Guardians of the Galaxy” character Baby Groot, underscore the possibilities.

Amidst the Hollywood landscape, AI has become a contentious topic, sparking concerns among writers and actors about its impact on employment opportunities.

This issue plays a central role in ongoing contract negotiations between the Screen Actors Guild, the Writers Guild of America, and the industry stakeholders.

Continue Reading

News

Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

Published

on

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


Download the Ticker app

Continue Reading

News

Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

Published

on

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


Download the Ticker app

Continue Reading

News

Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

Published

on

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


Download the Ticker app

Continue Reading

Trending Now