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Money Talks from The Economist

Money Talks: Lights! Camera! Inaction…

Money Talks from The Economist

The Economist

Finance & Economics, Business News, Economy, News, Business

4.41.2K Ratings

🗓️ 27 July 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

The only action taking place in Hollywood is on the picket lines. Thousands of writers and actors have taken to the streets to protest the way that technology has affected their wages. At the top of their list of demands is a change to the way they are compensated when shows air on streaming services, like Netflix. But filmmakers' use of artificial intelligence is also in the spotlight as concerns mount about how companies might use actors’ likenesses. 

On this week’s podcast, hosts Alice Fulwood and Mike Bird examine how tech is transforming Tinsel Town. The Economist’s Aryn Braun hears from actors on the picket line. Analyst Michael Pachter explains why Netflix may benefit from giving actors a big pay rise. And Tom Graham, the boss of effects firm Metaphysic, says AI could deliver Hollywood-quality fan fiction movies.

Sign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks 

For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer



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Transcript

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0:00.0

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0:02.4

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0:16.5

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0:18.2

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0:19.8

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0:21.2

I'm exhausted.

0:22.5

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1:20.0

The Oscars are the biggest night of the year for Hollywood.

...

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