Michael Ovitz is a well-known figure in Hollywood and now a tech expert. He believes that the recent blending of Big Tech, Hollywood, and Washington is a positive development for the country.
In a recent interview, Ovitz expressed his enthusiasm for the conversations happening between tech, entertainment, and policymakers. He feels that these interactions can yield great benefits. He criticized the idea of separate worlds for these industries, stating that it wasn’t good for the nation.
While he didn’t name specific individuals, it’s clear there’s been a shift in relationships. For example, Elon Musk, who once had doubts about Trump, is now involved in shaping federal policy. Other tech moguls like Mark Zuckerberg and Jeff Bezos also joined Musk during Trump’s inauguration, indicating a new wave of collaboration.
During the interview, Ovitz shared how joining Andreessen Horowitz in 1999 changed his life. He described it as an eye-opening experience that immersed him in the exciting world of technology.
When discussing AI and its influence on Hollywood, Ovitz noted that while AI will change many aspects of creativity, the adoption will be gradual. He believes that the entertainment industry has historically been slow to embrace new technologies.
He highlighted production as an area where AI could make a significant impact. While he doesn’t believe AI can replicate the essence of storytelling yet, he recognizes its potential to drastically reduce production costs. “We’re going to start seeing tech being integrated into entertainment,” he said.
Ovitz also mentioned emerging competition in AI, hinting at conversations about a Chinese AI company that could challenge U.S. firms like Nvidia. Despite this, he remains optimistic about American technology and believes that the entertainment industry will soon benefit from these advancements.
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