From Gutenberg to Sora: The Real Reason Why Entertainment Giants Should Be Worried

"Reality is merely an illusion, albeit a very persistent one." – Albert Einstein

Chart of the Day Good morning! Technologies often have a democratizing effect. On Oct. 16, Federal Reserve Gov. Christopher Waller discussed this, comparing the impact of the Gutenberg printing press and the personal computer to AI. AI, Waller said, "will take power from 'experts' and shift it to 'nonexperts.'  [...] Tools that once required specialized training are already becoming accessible ...

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