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Film making and advertising with Generative AI

With the advent of Generative AI, film making and advertising can now be reinvented. A host of big tech companies are investing in it and the early signals are with Luma Dream Machine and LTX Studio. Here I share my first-hand experience

July 11, 2024 / 11:46 IST
AI-powered editing tools can sift through hours of footage, identifying the best takes, and even suggesting edits.

The cinematic world is no stranger to revolution. From the golden age of Hollywood to the rise of digital effects, each era has brought its own seismic shifts. Today, we stand on the brink of another monumental change—Generative AI. Early innovators like Luma Dream Machine and LTX Studio are leading the charge, signaling a future where creativity is boundless, production is streamlined, and possibilities are endless.

First-hand Experience

I recently had the opportunity to test Beta Access of LTX Studio, and the experience was nothing short of extraordinary. Testing LTX Studio's text-to-video platform with a Kerala theme was an exciting challenge. I aimed to create a video inspired by Ernest Hemingway’s "The Old Man and the Sea," titled "Old Man and the Backwaters."

Process

The journey begins with a text prompt where I describe the desired video, detailing the theme, tone, and key scenes. Once submitted, LTX Studio's AI engine presents a wide variety of scene options aligning with the user's vision. It helps refine the video's tone and shot composition, offering choices like dramatic, documentary-style, or light-heartedness. Users can further customize by adjusting elements such as background sounds, and shot options. LTX Studio's extensive feature optimisation ensures every video can be tailored to exact specifications.

Result

The final product was a visually stunning 30-second video that perfectly captured the spirit of traditional Kerala village imagined. The AI's ability to understand and interpret my prompt was remarkable. It not only selected appropriate scenes but also maintained a consistent tone throughout the video. The seamless integration of traditional elements demonstrated the platform's advanced understanding of cultural nuances.

Gen AI in Film making

Film making has always been a labour-intensive art form. However, Generative AI is poised to transform every aspect of the process, from scriptwriting to post-production.

Scriptwriting and Storyboarding

Imagine an AI that can churn out compelling storylines in minutes. AI-driven tools like OpenAI’s GPT-4 are already assisting screenwriters by generating plot ideas, dialogues, and even entire scripts. For instance, AI-generated scripts have been used in short films like "Sunspring," showcasing the potential of AI in creative writing.

Visual Effects and Animation

Luma Dream Machine is at the forefront of using AI for visual effects. By leveraging Generative Adversarial Networks (GANs), they create realistic environments and characters that would traditionally take months to render. According to a study by McKinsey, AI can reduce VFX production costs by up to 20% while increasing output quality.

Editing and Post-Production

AI-powered editing tools can sift through hours of footage, identifying the best takes, and even suggesting edits. Tools like Adobe Premiere Pro’s Sensei use machine learning to automate colour correction, sound editing, and more, allowing filmmakers to focus on creative decisions rather than technical details.

Advertising in the Age of Gen AI

Advertising, much like film making, thrives on creativity and precision. Gen AI is injecting a new level of personalization and efficiency into the industry, turning imaginative concepts into actionable campaigns.

Hyper-Personalized Content

LTX Studio is pioneering the use of AI to create personalized ad content. By analyzing user data, AI can generate ads tailored to individual preferences and behaviours. A survey by Epsilon found that personalized ads convert 10 times better than non-personalized ones, highlighting the impact of AI-driven customization.

Dynamic Creative Optimization

DCO uses AI to test and optimize ad creatives in real-time. Platforms like Google and Facebook are already employing this technology to automatically adjust ad elements based on performance data. This not only improves engagement rates but also maximizes return on investment. A report by Forrester shows that companies using DCO see a 15% increase in campaign efficiency.

Video Production For Enterprises

For enterprises, Synthesia and HeyGen are already helping to make videos for learning, sales, customer service and more by making videos with a wide variety of options for avatars, natural human-like voices and simple to make.

The Future is Now

The integration of Generative AI into film making and advertising is not a distant dream—it's happening now. A study by PwC predicts that AI could contribute up to $15.7 trillion to the global economy by 2030, with media and entertainment being major beneficiaries.

As we move forward, the blend of human creativity and AI's computational power promises a future where storytelling and advertising are more engaging, efficient, and inclusive.

The early successes of pioneers like Luma Dream Machine and LTX Studio are just the beginning. With AI, the canvas of creativity is limitless, and the tools at our disposal are more powerful than ever.

So, whether you're a film-maker or an advertiser crafting the perfect campaign, the message is clear: Embrace Generative AI, and prepare to redefine what's possible.

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Krishna Kumar is CEO of GreenPepper, Innovation Coach and Motivational Speaker. Views are personal, and do not represent the stand of this publication.
first published: Jul 11, 2024 11:23 am

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