Hollywood Jobs on the Line with AI

In a new study conducted by consulting firm CVL Economics, it has been found that generative artificial intelligence is posing a significant threat to jobs in the Hollywood entertainment industry. The study surveyed 300 industry leaders, revealing that three-fourths of respondents indicated that AI tools supported the elimination, reduction, or consolidation of jobs in their companies. Over the next three years, it is estimated that nearly 204,000 positions will be adversely affected, with sound engineers, voice actors, concept artists, and entry-level employees being particularly vulnerable. Visual effects and post-production work are also at risk.