The Argentine show El Eternauta contained “the very first Gen AI final footage to appear on screen in a Netflix original series or film,” CEO Ted Sarandos said on an earnings call Thursday. The streaming giant reported US$3.13 billion in net profit on US$11.1 billion in revenue in the second quarter, up 45.6 per cent and 15.9 per cent year over year, respectively. (The Logic)
Talking point: The creative team on El Eternauta used AI to virtually collapse a building in Buenos Aires, a sequence that would have taken much longer and been too expensive for the show if human VFX artists alone had worked on it, Sarandos claimed. VFX artists and actors have expressed concern that studios will use AI to infinitely extend the content they’ve already created, capitalizing on their work while costing them jobs. Netflix’s stock dropped as much as 5.7 per cent in Friday trading.