Can Disney (DIS) and Netflix (NFLX) survive AI | by Stephen McBride | Feb, 2024

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Summary

● Entertainment giants like Disney and Netflix have been spending billions on content creation in the battle for audience attention.
● AI startups like Runway and Character.ai are disrupting the industry by creating content faster and cheaper with AI models.
● Runway has launched Runway.TV, a platform that streams videos, music, art, and games made by AI models, providing a glimpse into the future of entertainment.
● The entertainment industry is on the brink of AI-induced disruption, and big players must adapt or risk being left in the dust by agile, innovative AI startups.
● Investors are encouraged to avoid stocks in big bureaucratic organizations like Disney and Netflix and instead invest in up-and-coming disruptors profiting from AI.

Author: Stephen McBride
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