Generative AI Regulation is Coming

➕ From Idea to Video Faster than Ever

Welcome, superheroes!

We’re back to round off this week for you with the spotlight on video production and what’s been happening in the AI world.

Here’s what we have on the menu:

  • Hot news from the past week

  • A generative AI market growth update

  • Runway showcasing for video generation

  • Our GPT for video story board creation

  • And a meme with a confession

Enjoy!

📢 News? News!

AI Hits Shaking the Week

⚖️ Let’s Discuss

The Generative AI Market’s Explosive Growth

According to S&P Global, the generative AI market is surging. This growth spans multiple directions, reshaping content creation.

📈 The generative AI market is forecasted to grow from $3.7 billion in 2023 to $36 billion by 2028, with a compound annual growth rate (CAGR) of 58%.

🏅 Code, image, and video generation market segments are predicted to see the fastest growth.

📊 Generative AI's broad impact could redefine IT, advertising, and cybersecurity.

As generative AI reshapes how we create and interact with media, what potential impacts do you foresee in content creation?

🛠️ AI Tools

Runway: Pushing Boundaries in Video Production

In Tuesday’s Sneak Peek, we overviewed AI tools for video generation. Runway stands out in its functionality and user-friendliness.

⚙️ Features

  • Generative AI Models: Create unique content ranging from images and video to 3D and audio.

  • Magic Tools: Simplify complex editing tasks, making professional results achievable for all skill levels.

  • Multi-format Support: Export in various formats, ensuring your content is platform-ready.

  • User-friendly Interface: Navigate and edit with ease, regardless of your technical background.

  • Real-time Collaboration: Work with teams from anywhere, enhancing productivity and creativity.

🎥 Generative AI Functionality

  • Text- / Image-to-Video: Generate videos with image or text prompts.

  • Video-to-Video: Change the style of a video with image or text.

  • Frame Interpolation: Turn a sequence of images into an animated video.

  • Super-slow Motion: Generate new frames to convert video into slow motion.

  • Remove Background: Remove, replace, or blur video background.

Runway interface

📌 In Summary

Runway empowers creators to push boundaries in video production, making it a great tool for innovative and engaging content.

👨‍💻 AI Content Systems

Creating Video Story Boards

It’s often hard to sort the ideas in your mind for filming. Storyboards help order thoughts into a coherent visual script, detailing scenes and actions.

Our Consistent Storyboarder can help with that.

It creates:

🖼️ Images with a consistent character and style

📝 Scene text in various forms and lengths

Let’s do a demo! Here’s our prompt: 

Character description: "A tall, slender woman in her early 30s with sharp, angular features and piercing green eyes. She has shoulder-length, jet-black hair and wears a sleek, modern mage's attire, blending traditional robes with high-tech accessories. Her look is completed with a pair of glowing, rune-etched gauntlets."

Style: "Anime"

Story outline: "In a world where magic and technology collide, our heroine discovers an ancient artifact that could shift the balance of power. With rival factions on her heels, she embarks on a quest to unlock the artifact's secrets, forging unlikely alliances and facing her past along the way."

Number of scenes: "5"

Image format: "square"

The GPT will first generate a character image for review.

At this stage, you can tweak it or proceed further. Let’s continue creating the storyboard.

The custom GPT continues to create storyboard scenes one by one. If needed, you can again ask for changes. Here’s the storyboard we got. 👇

From here, we can create a short video. Check out our Tuesday issue where we cover how to do that with AI. Happy video making! 🎬

😁 Meme of the Week

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