The Writers Strike May Be Over, the Industry Challenges Are Not

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The deal between the Writers Guild and the AMPTP has been called “exceptional,” but hold up for now on popping the champagne

of writers and even limits on AI will not change the underlying power dynamic that prompted the strikes in the first place. in the Los Angeles Times accurately pinpointed the real problem at the heart of the writers and actors strikes . The strike resolution is merely a Band-Aid on a larger systemic issue plaguing Hollywood: content creation and distribution controlled by theHistorically, monopolistic power has been addressed in one of two ways.

But there’s another way to combat monopoly power: Technology that empowers creators as well as fans will create a more democratic system, as opposed to the current model where an elite few get to decide what’s made and distributed. Technology presents the best opportunity for creators to bypass this system. With Web3 and AI technology, storytellers can produce studio-quality content, distribute and monetize it, without a middleman.

 

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