Runway CEO says AI could help Hollywood make 50 films instead of one $100M blockbuster
Cristóbal Valenzuela, CEO of $5 billion AI video startup Runway, sparked controversy by suggesting studios should produce 50 AI-generated films for the cost of one $100 million blockbuster. Speaking at the Semafor World Economy Summit, he argued this quantity-focused approach would increase box office success rates while cutting movie production costs across pre-production, scripting, and visual effects.