RE: Time For Web3? Hollywood And Media Under Attack
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A few years ago, I would never have imagined that Hollywood would be in danger in my lifetime. Technology disrupts things so fast and those thought to be too big to fail are being forced to adjust. It will be interesting to see what happens next.
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It will not disappear but it is going to be vastly different.
MGM is now owned by Amazon. Paramount's debt was downgraded to junk and will be taken over by someone. Disney is a mess. Many billions in losses.
And the major fork, AI technology that is going to make a lot of these people obsolete.
That is true. I guess those that can capitalize on this confusion/scenario will be poised to make it big.