Hong Kong virtual lender ZA Bank eyes retail services for digital assets as new regulations come into effect in June
Do you have questions about the biggest topics and trends from around the world? Get the answers with, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Hollywood filmmakers have already begun using AI to tweak scripts, select cast members, shorten the time taken to choose locations and even predict the financial success of their films.
It cost HK$50 million to create the set, resembling Hong Kong Central in the 1900s, on a site as big as 10 football fields. The company said the investment would go towards producing local broadcast series, films and performances and grooming young talent.‘Using AI puts the cart before the horse’ “People can simply tune in to Netflix to watch any movie from as close as Thailand and Indonesia, to as far as Finland, Denmark and Sweden, with a vast variety of genres,” he said.films in the 1980s, said Hong Kong films did not enjoy global recognition as major production companies focused on co-productions with mainland China targeted mainly on the market there.
Chong said some sci-fi blockbusters had used a lot of advanced technology but received bad reviews and had not made much profit. “It allows actors to blend in seamlessly with virtual imagery. I can monitor the screen in real-time and fine-tune things right away,” Leung said, adding that he spent less time on adjusting lighting and colour quality.That experience convinced him the new technology could reduce the cost of filming in different locations worldwide for films and television shows, without compromising the finished product.
“This unique set-up enables storytellers to shoot in any location, whether realistic or fantastical, within the studio’s confines, using real-time virtual environments,” he said. “The fusion of art, creativity and technology creates a captivating space where magic truly happens.”He said AI models could be trained by using existing films and cinematographic principles, and virtual cameras could be programmed to capture shots that mimicked the style and techniques of renowned cinematographers.
“While some argue that AI will eventually replace humans, I believe it may struggle to replicate the human creative mind and make nuanced creative decisions.”A boon or bane for the industry? “You can simply ask an avatar to walk for five seconds and then squat for five seconds and jump,” said Dr Chen Jie, an assistant professor at the university’s department of computer science.
“This reduces retake time and enhances filming efficiency, and potential saving costs in hiring martial arts instructors.”