The Hollywood strike, which had a terrible impact beyond the writers' and actors' lives, dragged on for nearly five months because of Hollywood studios' greed. However, the deal shows studios and streaming companies have finally acknowledged that the industry will be brought to a standstill if their profits and artificial intelligence take precedence over their creative talent.
Instead of holding the entertainment industry hostage over artificial intelligence and decimating local economies, Hollywood's writers and actors should have used the technology to supplement and improve their work. The unprecedented dual strikes could backfire and allow studios and streaming to eliminate the creatives from the artistic process for good.
There's a 50% chance that a top celebrity musician will accuse AI of unfairly mimicking their style before January 2024, according to the Metaculus prediction community.