David Ellison says AI could be the ‘biggest creative unlock in modern history’

David Ellison, CEO of Paramount Skydance, believes AI will have a significant impact on the film industry, potentially surpassing the impact of CGI. He cites the example of Terminator, which cost $4 million to make and would cost $60-70 million to remake today. Ellison thinks AI can help reduce production costs and make more original storytelling possible. He emphasizes that AI is a tool for artists, not a replacement for them, and that it will always be valuable to have hand-crafted storytelling. Paramount Skydance is developing its own AI tools, which will change how the company works and make content production easier and faster.