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The Walt Disney Company and OpenAI Partner on Sora

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Re: The Walt Disney Company and OpenAI Partner on Sora

#112

This will not end well for Disney, there were certain historical characters removed from Sora 2 because people kept making racist videos that are hard to censor, and it became increasingly unhinged. This feels like another circular investment where Disney is hoping to make money back I'm sure. On the other hand, assuming they do the freemium stuff, I look forward to making a few videos of my daughters favorite Disney…

Why is this a problem with Disney?

Who cares? Online trolls make inappropriate videos with characters. Rule 34: If it exists, there is porn of it.

It's so exhausting that companies are overly cautious about everything and let a tiny niche of internet culture drive these decisions. If you get obscene material in your social media feeds, you will continue to see this kind of stuff except maybe with some Disney IP. If not, it will have no impact to your life.

But practical things that affect 99% of people like you mentioned will be better, like your child wants to hear Mickey wish him happy birthday. So I applaud this.

Re: The Walt Disney Company and OpenAI Partner on Sora

#113
post #14

AI has driven the corporate suites of these companies insane. > As part of the agreement, Disney will make a $1 billion equity investment in OpenAI, and receive warrants to purchase additional equity. I don't know what kind of hypnosis tricks Sam Altman pulls on these people but the fact that Disney is giving money to OpenAI as part of a deal to give over the rights to its characters is absolutely baffling. OpenAI an…

Afaict it might be another circular deal? They buy equity (at what evaluation?) and options, and license some IP (is this the billion flowing straight back?) to OpenAI (not to SORA users?) for very restricted use cases, with a commitment from OpenAI to support Disney's copyright racketeering.

Re: The Walt Disney Company and OpenAI Partner on Sora

#114
post #20

Earlier quoted context omitted.

All the more reason it's insane for Disney to be the one giving money!

Disney is buying equity from OpenAI. You frame it as "giving OpenAI money" because you hold a (quite insane) assumption that OpenAI's equity is worth nothing.

> Disney is buying equity from OpenAI.

Can you buy equity from OpenAI without also giving OpenAI a license to use your IP? Even if the equity is worth $1 billion, how much is Disney's IP license worth?

Re: The Walt Disney Company and OpenAI Partner on Sora

#115
post #7

Is this their YouTube goes legit moment? i.e. Disney get paid (by indirect means so far) for characters on OpenAI but not (yet) Gemini? If this includes exclusivity deals it could be big.

Sounds like the opposite, all disney characters become memes and Sora becomes known only for that

Re: The Walt Disney Company and OpenAI Partner on Sora

#116
post #65
post #52

Earlier quoted context omitted.

Because they didn't get any money from the daycare and they will get money from OpenAI when you make your Sora video. That's all there is to it.

I have a feeling that the long-term economics of this don't really work. OpenAI is burning money and Altman has already gone out in public saying how Sora-generated content is being made in large volumes for little audience. > People are generating much more than we expected per user, and a lot of videos are being generated for very small audiences. If OpenAI is going to pay Disney money for Winnie the Pooh smoking c…

Yes, that's what makes Disney investing in OpenAI as part of this so confusing to me. Sign a licensing deal that means OpenAI pays you every time someone uses your character? Absolutely. Who cares if they're burning cash, as long as you get your payday it's all good. But investing in the company means their cash burning is your problem too. I don't know why you'd do it.

Re: The Walt Disney Company and OpenAI Partner on Sora

#117
post #81

Disney shareholders, feel free to make images of Iger, Mickey, and Br'er Rabbit lighting piles on money on fire.

I'm not a shareholder but buying equity in OpenAI seems to be a much better deal (for Disney) than making OpenAI just pay royalties, no? Seems like everyone wins, unless you think OpenAI will never amount to anything and it's all a bubble.

Cash from royalties doesn't disappear like equity value would, in the event of a bubble pop.

Bird in the hand is worth two in the bush and all that.

Re: The Walt Disney Company and OpenAI Partner on Sora

#120

This will not end well for Disney, there were certain historical characters removed from Sora 2 because people kept making racist videos that are hard to censor, and it became increasingly unhinged. This feels like another circular investment where Disney is hoping to make money back I'm sure. On the other hand, assuming they do the freemium stuff, I look forward to making a few videos of my daughters favorite Disney…

I actually straight up don't think they give a shit anymore.

I think decorum works in an environment where decorum is the norm, but we have entered a political moment where that is no longer the case. And I think that this kind of thing bleeds so heavily into culture that they no longer give a shit about having their characters next to it.

They have enough plausible deniability; they did not create the content. I think that's enough for them, in this moment.

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