Edward Norton explains why he thinks traditional TV is dead
11/14/2023 07:51
Edward Norton sat down with Yahoo Finance Senior Tech Reporter Allie Garfinkle as part of Yahoo Finance's Invest event to discuss his latest venture, Zeck, a software tool aimed at revamping board meetings. "We call it death to the board deck," Norton said. "This is a cloud-based platform for companies and nonprofit organizations to put together their board meeting materials." Norton also shared his thoughts on the state of the tech industry, streaming, and the use of AI in the entertainment business. "How good can it be, and does it really wipe away the human input or not? I really don't think so," Norton explained on AI. "I think that these things will largely become to be seen as tools, much like CGI." On Netflix and traditional linear TV Norton said "I think what we're going to see very soon is that there is no linear television at all. Everything is everything everywhere all at once." Norton added "You will stream on demand whatever you want, and if you don't want to pay for premium ad-free, you'll just watch it with ads. And what that means is suddenly Netflix is one of the largest television ad supported networks in history, and that means that that's why it has to be negotiated now. The pie is about to get bigger." Click here to watch more from Yahoo Finance Invest. Key video moments: 00:00:38 - Edward Norton on his new venture, Zeck 00:14:30 - Norton on applications for AI 00:18:20 - AI impact on Hollywood 00:19:45 - Norton explains why he thinks traditional TV is dead
Edward Norton sat down with Yahoo Finance Senior Tech Reporter Allie Garfinkle as part of Yahoo Finance's Invest event to discuss his latest venture, Zeck, a software tool aimed at revamping board meetings. "We call it death to the board deck," Norton said. "This is a cloud-based platform for companies and nonprofit organizations to put together their board meeting materials."
Norton also shared his thoughts on the state of the tech industry, streaming, and the use of AI in the entertainment business. "How good can it be, and does it really wipe away the human input or not? I really don't think so," Norton explained on AI. "I think that these things will largely become to be seen as tools, much like CGI."
On Netflix and traditional linear TV Norton said "I think what we're going to see very soon is that there is no linear television at all. Everything is everything everywhere all at once." Norton added "You will stream on demand whatever you want, and if you don't want to pay for premium ad-free, you'll just watch it with ads. And what that means is suddenly Netflix is one of the largest television ad supported networks in history, and that means that that's why it has to be negotiated now. The pie is about to get bigger."
Click here to watch more from Yahoo Finance Invest.
Key video moments:
00:00:38 - Edward Norton on his new venture, Zeck
00:14:30 - Norton on applications for AI
00:18:20 - AI impact on Hollywood
00:19:45 - Norton explains why he thinks traditional TV is dead