As part of Yahoo Finance Invest, Hollywood actor Edward Norton sits down with Yahoo Finance Senior Tech Reporter Allie Garfinkle to discuss his latest venture, Zeck. Zeck is a website dedicated to reimagining the board of directors, aiming to bridge the gap between boards and company leadership to optimize decision-making. To make.
Norton also weighed in on the state of the tech industry, streaming, and why Hollywood should negotiate on the use of AI as part of a broader conversation. Here are some highlights.
Norton on Zeck (00:00:06)
“We call this the death of the board,” Norton said. “It’s a cloud-based platform for companies and nonprofits to compile board materials.”
Norton talks about the potential of AI (00:00:35)
“How good is it? And can it really eliminate human input? I really don’t think so,” Norton explained. “I think these things are primarily going to be seen as tools in the same way he does CGI.”
Norton streaming (00:01:07)
“I think what we’re going to see quickly is that linear television just doesn’t exist,” Norton said. “The big seismic shift is that people are realizing they can’t just do everything with a subscription. That’s why all streaming platforms are moving to ad-supported models.”
video transcript
[AUDIO LOGO]Edward Norton: Zeck, we call it Death to the Board Deck. In the simplest terms, it’s a cloud-based platform that allows businesses and non-profit organizations to put together board materials much more dynamically and efficiently. The board dynamics were really broken. We thought this was a problem that we actually knew how to deal with.
It’s interesting because this moment is here. There are writers and actors who are paying attention and worrying about things like AI. This is the perfect time to negotiate these things.
Technology has reached this limit, and artistically amazing things are being created. And how good will it be? And can it completely eliminate human input? I really don’t think so. And I wonder if these will come to be seen primarily as tools in the same way as his CGI? It’s not like computer graphics ruined photography.
The media business environment is currently undergoing major changes. I think what we’re going to see soon is that linear television just doesn’t exist. Everything is “everywhere and everything at once”. The big seismic shift is that people are realizing that they can’t survive entirely on subscriptions, which is why all streaming platforms are moving to ad-supported models.
Stream what you want on demand. Also, if you don’t want to pay a premium price without ads, you’ll have to watch it with ads. What that means is that suddenly Netflix is one of the biggest TV ad-supported networks in history. So that’s why it has to be negotiated now. The pie is getting bigger.
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