Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
The worst housing market in years couldn’t stop single women from buying

The worst housing market in years couldn’t stop single women from buying

10 March 2026
Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

10 March 2026
Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

10 March 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » Runway CEO says Hollywood should embrace AI, not fear it: ‘These are exceptional tools for great artists’
News

Runway CEO says Hollywood should embrace AI, not fear it: ‘These are exceptional tools for great artists’

Press RoomBy Press Room17 July 20243 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
Runway CEO says Hollywood should embrace AI, not fear it: ‘These are exceptional tools for great artists’

Artists and filmmakers should embrace AI as a tool, not fear that it will put them out of work.

That was the message from Cristobal Valenzuela, the cofounder and CEO of hot genAI startup Runway, and Jake Aust, a veteran television producer who is now the chief innovation officer at Agbo, both of whom spoke at Fortune’s Brainstorm Tech conference in Deer Valley, Utah, on Tuesday.

“These are exceptional tools for great artists,” Valenzuela said, referring to the AI image and video making models his company and others, such as OpenAI, have been releasing.

He said he regretted how polarized the conversation about AI in the creative arts had become. “It’s really hard to get nuanced conversations,” Valenzuela said. “I think we get into extremes. This is either destroying everything we know or it is the best thing we’ve ever seen in our lifetime. I think it’s like none of both. It’s somehow in between.”

Runway is known for its text-to-image and text-to-video generative AI models. At Brainstorm Tech, Valenzuela played a short video that highlighted how quickly Runway’s AI models have improved in just two years, with its latest Gen 3 Alpha model able to compose one-minute long, cinematic video clips.

But the company has been sued by artists who claim the company infringed on their copyrights by copying their works without permission and using them to train AI models. Runway has been cagey about what data has been used to train its models, saying for its latest Gen 3 Alpha model only that it was proprietary mixture of publicly-available and private data.

Aust said that angst about the impact of new technology has roiled Hollywood since the very beginning of the movie industry—fears about the advent of sound, color, television, digital production, computer-generated images, streaming, and now AI sparking similarly existential concerns. “I think we’ve been here before and it is important to recognize that Hollywood exists because of technology,” he said. “I don’t see AI as something that is going to kill Hollywood.”

He said that Agbo, like other Hollywood production houses, was mostly using generative AI models to do the initial “visualization” for films—creating preliminary story boards and concept images for what the look of a film might be. He said these were often being used at the earliest stages of a project’s development, when a production house is still trying to pitch the idea for a project to studios or producers.

Valenzuela urged artists to experiment with AI tools—to discover what their strengths and weaknesses are—and not to dismiss them out of hand. He said the best uses of the technology would push the boundaries into new art forms, comparing the current stage of AI to the earliest days of photography, when people referred to photographs as “mirrors with memories” because they had no language to describe the new art form. “Try to go for the things that don’t have names, that you’ve never seen before,” he said.

Read more coverage from Brainstorm Tech 2024:

Google chief scientist Jeff Dean: AI needs ‘algorithmic breakthroughs,’ and AI is not to blame for brunt of datacenter emissions increase

Wiz CEO says ‘consolidation in the security market is truly a necessity’ as reports swirl of $23 billion Google acquisition

Why Grindr’s CEO believes ‘synthetic employees’ are about to unleash a brutal talent war for tech startups

Recommended Newsletter:

CEO Daily provides key context for the news leaders need to know from across the world of business. Every weekday morning, more than 125,000 readers trust CEO Daily for insights about–and from inside–the C-suite. Subscribe Now.

A.I. Brainstorm Tech Film Industry films Hollywood openAI
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

The worst housing market in years couldn’t stop single women from buying

The worst housing market in years couldn’t stop single women from buying

10 March 2026
Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

10 March 2026
Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

10 March 2026
U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring

U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring

10 March 2026
Billionaire Peter Diamandis offers .5 million to filmmakers to portray AI as a hero—not a villain

Billionaire Peter Diamandis offers $3.5 million to filmmakers to portray AI as a hero—not a villain

10 March 2026
World Cup to allow 3-minute ad breaks mid-game

World Cup to allow 3-minute ad breaks mid-game

10 March 2026
Don't Miss
Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

By Press Room27 December 2024

Every year, millions of people unwrap Christmas gifts that they do not love, need, or…

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

30 December 2024
Moltbook is the talk of Silicon Valley. But the furor is eerily reminiscent of a 2017 Facebook research experiment

Moltbook is the talk of Silicon Valley. But the furor is eerily reminiscent of a 2017 Facebook research experiment

6 February 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Billionaire Peter Diamandis offers .5 million to filmmakers to portray AI as a hero—not a villain

Billionaire Peter Diamandis offers $3.5 million to filmmakers to portray AI as a hero—not a villain

10 March 20262 Views
World Cup to allow 3-minute ad breaks mid-game

World Cup to allow 3-minute ad breaks mid-game

10 March 20261 Views
Trump says war to end ‘very soon,’ floats removing oil sanctions

Trump says war to end ‘very soon,’ floats removing oil sanctions

10 March 20260 Views
Oracle under pressure from more than 0 billion in debt and massive layoffs  

Oracle under pressure from more than $100 billion in debt and massive layoffs  

10 March 20262 Views
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
The worst housing market in years couldn’t stop single women from buying

The worst housing market in years couldn’t stop single women from buying

10 March 2026
Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

Kevin O’Leary doesn’t care if you work from your basement. He just wants to see if you can ‘execute’

10 March 2026
Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

Gen Z is already nostalgic for TikTok — and the platform is only 6 years old

10 March 2026
Most Popular
U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring

U.S. is entering a financial crisis more indebted than ever. Here’s a warning Washington is ignoring

10 March 20260 Views
Billionaire Peter Diamandis offers .5 million to filmmakers to portray AI as a hero—not a villain

Billionaire Peter Diamandis offers $3.5 million to filmmakers to portray AI as a hero—not a villain

10 March 20262 Views
World Cup to allow 3-minute ad breaks mid-game

World Cup to allow 3-minute ad breaks mid-game

10 March 20261 Views
© 2026 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.