Katcy Stephan Tyler Perry‘s planned $800 million studio expansion in Atlanta has been put on the back burner due to his growing concerns over developments in artificial intelligence.
In an interview with The Hollywood Reporter published on Thursday, Perry expressed a need for the industry to get ahead of AI’s potential impact, saying, “There’s got to be some sort of regulations in order to protect us.
If not, I just don’t see how we survive.” He went on to specifically cite OpenAI‘s text-to-video tool Sora as the impetus for the expansion stoppage. “I have been watching AI very closely and watching the advancements very closely.
I was in the middle of, and have been planning for the last four years, about an $800 million expansion at the studio, which would’ve increased the backlot a tremendous size, we were adding 12 more soundstages.
Read more on variety.com