Ben Affleck also went off on AI in Hollywood:
▫️LLM fim script outputs are mid (“by its nature, [the models go] to the mean, the average”)
▫️but they are useful tools for research
▫️doesn’t think it’ll ever make a film whole cloth
▫️it’s a tool just like VFX and will be useful to save money to create certain background settings (which already happens with CGI)
▫️guilds already protect human actors from being totally erased from certain films
▫️there’s also laws in place to protect name and likeness
▫️says most new technologies take time to disperse through society
▫️thinks fearmongering of “all the jobs are going to be taken” is the AI labs hyping for fundraising (“they need to justify valuation around companies…they need to ascribe a valuation for investment for the CAPEX spend they will make on data centres”)
Matt Damon and Ben Affleck on Rogan taking about how Netflix has changed filmmaking.
A major considerations is dealing with distracted viewers. To keep them tuned in, “you re-iterate the plot 3-4x in the dialogue because people are on their phones.”
Then, in action films, you change the ordering of climatic fights.
In traditional action films, you’d have “three set pieces” in every act (I, II, III) and each would “ramp up” (spend the big money on third set piece).
But streaming has to hook viewers within 5 minute, so the incentive is to put a major battle or action sequence much earlier.
Also, the directors have less incentive to make a film look great because so many people watch on laptops and phones.
They do say that streaming allows for more bets on risky projects since the theatre economics are geared towards IP, sequels and super-heroes.
Example: an independent film with a $25m budget would spend $25m on marketing (1:1 ratio). But since it splits box office with the theatre, the film needs to make $100m (1/2 of which is $50m) just to break even.
They’re realistic about the state of film and call it a supply-demand issue. If the demand is for at-home viewing (eg. Netflix 300m subs), then filmmaking approach will change to feed the algo.
When there’s demand for theatre, Damon will go team up with Christopher Nolan to make “The Odyssey”.