AI, Work, and Hollywood’s Viral Debate

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Author

Malcolm Frank, CEO
November 26, 2024

 

AI, Work, and Hollywood’s Viral Debate

The most intriguing insights at the intersection of AI & work often come from unexpected places. This week, Ben Affleck’s viral comments on AI’s impact on Hollywood sparked heated discussion far beyond the entertainment industry.

Affleck addressed critical issues, including:

  • The balance between humans and machines in creative art,

  • Which Hollywood jobs are safe (his) vs. those at risk of automation (others), and

  • How AI-driven cost reductions in production could lead to the creation of more projects overall.

Notably, the debate also highlighted a generational divide in how AI’s impact on work is perceived. For many, the reaction was, “Easy for you to say, millionaire who’s made it. What about those of us just getting started?”

Recent news underscores a critical question: As AI transforms industries, how do we balance opportunity and fairness across all levels of the workforce? Let’s dive in.

Ben Affleck tells actors and writers not to worry about AI

Yet also says “more laborious” and “less creative” jobs such as visual effects will get “hammered.”

Most Gen Zers are terrified of AI taking their jobs. Their bosses consider themselves immune

A staggering 62% of Gen Zers believe that AI could replace their jobs within the next decade.

AI’s disruption of entry level workers: what HR leaders need to know

As AI agents prepare to automate entry-level work, the traditional path from education to career threatens to vanish.

Amazon invests $8 billion in Anthropic

AWS to become Anthropic’s primary training platform. Goal to get Amazon's AI chips to be used more often to train and run large language models.

Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures

OpenAI ceded market share in enterprise AI, declining from 50% to 34%, while Amazon-backed Anthropic doubled its market share from 12% to 24%.

Jamie Dimon says the next generation of employees will work 3.5 days a week and live to 100 years old

JPMC CEO on the impact of AI on work-life balance. 

Tool of the Week: Graphite

Your AI code review companion

AI cuts freelance writing demand by 30%: study

Image-generating technology has also caused a 17% decline in demand for graphic design jobs.

HFS & MIT on GenAI: The world isn’t waiting for businesses to catch up

Workforce augmentation over replacement, with early adopters reporting up to 40% productivity increases, particularly in creative and technical fields.

Say goodbye to SaaS: how vertical AI agents are taking over the business world

The potential to surpass the impact of Software as a Service by automating entire teams and functions within enterprises.

Microsoft quietly assembles the largest AI agent ecosystem—and no one else is close

Over 100,000 organizations creating or editing AI agents through its Copilot Studio since launch – a milestone that positions the company ahead in one of enterprise tech’s most closely watched and exciting segments.

The corporate two-step continues: Marriott laying off 1,000, investing in AI  

Most job losses at corporate near Washington DC as Marriott streamlines with AI. 

Data centers powering artificial intelligence could use more electricity than entire cities

“They’re going to keep spending” because there’s no more profitable place to deploy capital.

EY introduces eVe, an avatar to help applicants through the interview process

Helpful for candidates or a turn-off?

Harvard: How to be systematic about adopting AI at your company 

89% of executives rank AI and GenAI among their top three technology priorities, but how to drive value?

And one more thing…

AI can now build a replica of your personality

A two-hour interview is enough to accurately capture your values and preferences, according to new research from Stanford and Google DeepMind.

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