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Are we witnessing the end of traditional film making in 2024?

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In the contemporary digital sphere, the rise of tools such as Sora prompts a significant discussion: do they have the potential to revolutionise traditional filmmaking or simply dismantle entry barriers in the industry?

It has become evident that these tools are going to reshape conventional filmmaking methods, emphasising their role in lowering barriers to entry.

By integrating AI, these tools empower aspiring filmmakers with advanced editing, special effects, and script analysis capabilities, regardless of their resources or experience level.

This democratisation of filmmaking, fuelled by AI-driven innovation, opens doors for emerging talents and expands storytelling horizons.

However, as AI becomes increasingly intertwined with filmmaking, concerns arise about its impact on creativity and the broader implications for industry dynamics.

Exploring this intersection of technology and artistry unveils a future where innovation and accessibility define the landscape of filmmaking.

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Leaders

Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Money

Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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Leaders

Trump promises to slap unprecedented tariffs on foreign allies

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Former President Donald Trump has promised to slap unprecedented Tariffs on foreign allies, including the European Union, if he wins the 2024 presidential election.

Trump pledged to reduce the corporate tax rate from 21% to 15% for companies that make their products in the U.S.

While he had already said he wanted to cut the corporate tax rate to 15%, he had not previously tied that lower rate to keeping manufacturing inside the country. #featured #trending

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