Since the release of Chat GPT 3, there has been a surge of interest in what AI can do. On Episode 16 of The Content & Media Matters Podcast we spoke to Ingo Hofacker, the CEO at movingimage, about how he sees this technology improving our industry. Here’s his take on how data, analytics and AI play a part in live streaming video solutions. 

There are two parts to these solutions. Initially it was more related to analytical AI’s potential for understanding how someone’s posture looks when they’re setting up the camera. The AI was able to provide feedback on ‘Is that a good posture? Is that underpinning your message at a medical level? Is it contradictory to your advice on wellness?’ 

I’m a big believer in this generative AI. I think it’s premature, but I certainly believe that in five years time we will see the applications of it for video. I think we’ll be able to take a boring text, and say, ‘Can you please make a fancy video out of this, with an avatar that looks like me?’ and that will be doable. 

I spoke to an artist last weekend, a sculptor actually, and he admitted that he didn’t see how generative AI could be a competitor to him. I do believe that there are programs out there who can write poems that very few people – if any – can really distinguish from a poem that comes from an actual writer. AI doesn’t have arms yet, so the sculptor might be a little safer, but there are other challenges for creatives. 

AI has capabilities that can be used for a lot of tasks, which from a business perspective makes a lot of sense. We have to keep an eye on it as it evolves. We are not currently running POCs on it, because the generation of videos that it’s currently creating don’t quite match the market, but they’re not far out. They’re not in the distant future.

We’ve got so many exciting things that AI is working on right now, and so are we. We’re preparing ourselves for that next round.

To learn more about how video streaming is changing, tune into Episode 16 of The Content & Media Matters Podcast here. 

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