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Paramount Skydance CEO David Ellison said on the company's latest earnings call that AI could be the biggest creative unlock in modern history, comparing it to the arrival of CGI and digital composites in the early 1990s. Ellison said it is hard to imagine AI having a smaller impact on film than CGI did, pointing to Jurassic Park and Terminator 2 as examples of what that earlier technology made possible. He used Terminator to illustrate costs, saying it cost $4 million to make but would cost $60 to 70 million to remake shot for shot today, and he suggested AI tools could make budgets more manageable so studios can take more risks on original storytelling. He said AI will significantly reshape Paramount Skydance's business, that the company has been developing its own AI tools, and that content will be easier to produce and projects will speed up. He also argued that premium IP and live events will become more valuable, and that hand-crafted storytelling will command a premium in a world of AI slop. He said AI is a tool for artists and will never replace them.