Runway’s Cristobal Valenzuela: “Pushing AI-generated film past the ’mom threshold’”

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 19 May 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Cristobal Valenzuela, founder of Runway, to talk about using AI to edit and create videos (3:00), starting out at art school (6:50), quitting his job and starting the company in 2018 (8:30), his art career (9:30), rushing to raise money before his visa ran out (14:10), the critical breakthroughs (16:45), what “diffusion” is (18:30), the future of film (21:00), zero-cost content (28:30), coming to America from Chile (33:00), and the challenge of recruiting people (36:20).

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Transcript

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0:00.0	Yeah, technology.
0:03.0	What is it all about?
0:04.0	And so I was coming to like all these investors and people, like here's the technology that you'll be using to make every single thing, every piece of video and images in the future.
0:14.0	Right.
0:15.0	And people were like, yeah, no.
0:16.0	I mean, you're also an artist, so like definitely not.
0:19.0	Like, no. an artist so like definitely not like no hello hello and welcome to
0:34.6	Danny in the Valley your weekly dispatch from behind the scenes and inside the minds of the top people in tech.
0:39.7	How is everyone doing this very fine week?
0:42.4	I'm doing well.
0:43.0	I'm actually on holiday from the paper this week at least.
0:47.1	But of course, the pod never sleeps.
0:48.9	So we're bringing another fabulous episode for your listening pleasure.
0:54.1	This week on the show we we have Crystal Ballenzuela.
0:58.7	He's the co-founder and CEO of Runway, which is just a very cool kind of crazy company.
1:05.1	So they've built this company.
1:06.5	It's in New York.
1:07.8	And they're right at the forefront of AI art, specifically developing AI video
1:12.9	editing tools that are kind of mind-boggling. So I did a little test, which I mentioned to Chris,
1:19.0	where I did a little three-second video of myself, put it into Runways tools, and they turned
1:23.7	me into a claymation figure into a watercolor painting. All of this happened instantly.
1:29.7	It's really kind of mind-blowing when you actually start to play with this stuff.
	...

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