When it comes to AIâs impact on entertainment, Carter Reum, Jeffrey Evans and
@andrewchen agreed: it will likely change the art we consume in ways we canât even predict yet.
âItâs so early, itâs not even inning one,â Jeffrey, a general partner at
@mantisVC, said.
But they were willing to share their early insights on where the convergence of AI and entertainment could go.
New AI tools will certainly disrupt the state of entertainment, and will likely âdemocratize creativity,â Carter, a general partner at
@M13Company, said.
As a creator, âif you are funny, or you have an idea ⌠you donât have to have Pixar behind youâ to create a final product, he said. Individual creators will be able to make video at a lower cost and more easily.
Carter, Jeffrey and Andrew joined
@HSBC's Dave Sabow at L.A. Tech Week, to discuss the future of entertainment in Los Angeles and beyond.
Although Andrew agreed it remains early days for AIâs impact on the entertainment industry, he believes video and other content we consume will become increasingly interactive as a result.
âThereâs going to be a successor media format that will be even more engaging than what we have now,â he said, noting he believes it will be more personalized and more game-like.
âWe may not call it gaming, but itâs much more likely to be that than an extension of the linear storytelling formats we have now.â
Carter and Jeffrey both advised founders in the space that the industry is changing so quickly, they have to be constantly alert about subtle changes that might indicate which companies will be successful and which wonât.
âEvery founder has to have a microscope in one eye and a telescope in the other,â Carter said, meaning they have to pay attention to the details of what theyâre working on, but also remain aware of macro changes happening in the space.
âThere will be companies that seem like theyâre out of the woods, and then theyâre just done,â he said.
Jeffrey said he asks founders innovating in AI, and particularly those working on AI agents, an important question: âIf you expand the market, is that good for you? Or is there a chance if it expands the market, it just overwhelms you?â Thatâs a crucial indicator of whether heâll invest, he said.
For more insights from L.A. Tech Week, follow
@TechWeek_ and
@andrewchen.