DreamWorks SKG co-founder Jeffrey Katzenberg and WndrCo general partner Justin Wexler join ‘The Claman Countdown’ to discuss the AI revolution, rising cybersecurity risks and the surge of young innovators reshaping Silicon Valley.
Artificial intelligence is moving beyond incremental change and into something far more groundbreaking, DreamWorks SKG co-founder Jeffrey Katzenberg told FOX Business on Wednesday.
Katzenberg joined anchor Liz Claman on “The Claman Countdown” to discuss the acceleration of AI innovation and what it means for industries ranging from cybersecurity to entertainment. He said AI marks a fundamental turning point in how technology reshapes business and creativity.
BLACKROCK’S LARRY FINK SAYS EXPANDING MARKET PARTICIPATION IS NEEDED TO ADDRESS WEALTH GAP AMID AI BOOM
Evercore ISI Senior Managing Director Mark Mahaney explains why he is bullish on AI and examines Amazon and Google stocks on ‘Varney & Co.’
Katzenberg pointed to a surge of activity across Silicon Valley, where startups and major companies alike are racing to harness the technology’s capabilities, describing an environment fueled by both optimism and urgency.
LOWE’S CEO WARNS AI CAN’T CLIMB A LADDER AS COMPANY MAKES $250M BET ON BLUE-COLLAR FUTURE
Jeffery Katzenberg discusses the rapid acceleration of AI innovation and what it means for industries. (Gilbert Flores/Variety; mikkelwilliam/Getty / Getty Images)
“Today there is still this incredible exuberance around all things AI. There is no question we’re not in an evolutionary moment, we’re in a revolutionary moment,” he said.
Katzenberg said the pace of development is being driven in part by a new generation of builders entering the space earlier than ever, alongside tools that are lowering barriers to entry.
Sierra co-founder and CEO Bret Taylor discusses the first level 1 PCI-compliant payment capability for AI agents on ‘The Claman Countdown.’
“The level of excitement right now about the impossible suddenly being possible is tangible, it’s real,” he added.
While the technology is advancing quickly, Katzenberg suggested its long-term impact will depend on how businesses and creators adapt to the shift underway.
Still, those reluctant to adapt should not fear AI — when asked whether animators in Hollywood should fear for their jobs, Katzenberg dismissed those worries.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“As much as I appreciate the innovation that’s going on, in my opinion, I still think the human touch is absolutely essential to great storytelling,” he said. “The analogy I would make is there’s a difference between prose and poetry, and I think when you see these sort of inputs and outputs that are coming, they’re sort of a common baseline in it, but they’re missing the poetry that comes with real creativity.”
“Now, these tools are actually phenomenal,” Katzenberg continued. “And I think there needs to be more openness to embracing them, as there was for me when we went from hand-drawn animation to computer animation, right?”