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AI takes on Hollywood's tedious tasks

a graphical representation of a movie script
An AI-generated graphical representation of a movie script. Image: Rivet.ai

A new company wants to help people make movies by outsourcing the grunt work — scheduling, budgeting, script analysis — to AI. Starting from a human-written script, its algorithms can draft a budget and a shooting schedule, and even look for plot holes.

Why it matters: Debajyoti Ray, the founder of Rivet.ai, says that AI tools can cut down on uncertainty and allow production companies to take bigger risks rather than re-making the same superhero movie dozens of times.