According to a CVL Economics report, 36% of entertainment leaders using GenAI report a reduced need for specific skills for daily tasks and responsibilities among their staff.
Generative artificial intelligence (GenAI) will lead to the loss of more jobs in the film and animation industry than in other sectors.
This is according to a January 2024 report by Consulting firm CVL Economics based on a survey of 300 leaders from six entertainment industries, including C-Suite executives, senior executives, and mid-level managers, between Nov. 17 and Dec. 22, 2023.
The report titled “FUTURE UNSCRIPTED: The Impact of Generative Artificial Intelligence on Entertainment Industry Jobs” states that 75% of survey respondents indicated GenAI tools, software, and/or models had supported the elimination, reduction, or consolidation of jobs in their business division.
