Lionsgate Studio Vice Chairman Michael Burns says using artificial intelligence to make films will save his company “tens and tens of millions of dollars a year.”
Burns even added that an AI company may soon become powerful enough to buy Lionsgate out — the studio has been “long considered a ripe acquisition target,” according to Deadline.
“It’s like Moore’s law on crack,” Burns said during a discussion at the Gabelli Sports & Media Symposium in New York on Thursday. “It is going so fast. If you own the existing IP, you get a lot of different ways to monetize it. So, I think it’s exciting.”
Burns went on to say that Lionsgate is using AI to…
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