Part 9/12:
Despite this positive trajectory, concerns loom large regarding job security in the creative industries. Research shows that a significant percentage of production companies utilizing AI tools report job cuts or consolidations. Projections suggest that by 2026, generative AI could impact over 100,000 jobs in the entertainment sector.
Legal and Ethical Quandaries
As the technology advances, ongoing legal disputes regarding AI-generated content emerge. Runway, like similar companies, faces lawsuits from artists asserting that their copyrighted work was used improperly in training datasets. While Runway cites fair use protections as a defense, the legality of these claims remains unsettled in U.S. courts, leading to ethical dilemmas that transcend legal considerations.