I like Iger. He gave me a lot of the excitement at the theaters over his tenure but the candle that burns twice as bright lasts half as long. Rumor is he might run for president. If he does I think it would be wise to remember his record. Sure he might blast onto the scene with jobs and roads and profits but can you count on those short term gains?
Yeah, there is the rumor that Iger wants to run for president, hence why he left the company and is planning on writing a memoir. Also why he started injecting “politically correct” messaging and being more outspoken about political issues (even Chapek tried to rein it in once he was CEO).
To be fair, every president has focused on short-term gains to make their presidency look good. The economic cycle doesn’t react immediately to policy changes so presidents on both sides do many policies with short-term gains and let the next guy in 4 to 8 years deal with the mess. People also have short memories so if a President does something “unfavorable” out of necessity (like raise taxes to rebalance the budget), they get voted out for the other guy. Kind of explains why a lot of long term problems persist.
I'm not defending Iger or anyone else in Hollywood, it's just strange that there's only one side that anyone is complaining about.
Bro you’ve been praising Iger and CEOs in general in every post you’ve had with me in this thread.
No one is crying about big actors not making enough and we also talked about it in this thread about how the “movie star” is dead so no one warrants that much which you seem to agree with. And at least this big directors and actors still produce work or make some concrete value like draw audiences to watch their movies. Iger and similar ilk have done nothing but tank the companies they were supposed to maintain.
If this is really true, has anyone thought of the possibility that AI will screw over not the little guy but the big studios?
I don’t think AI is going to replace creativity. Technology has never done that. What is has done was be a force multiplier, allowing teams to complete projects that used to take far more manpower and higher costs for far less manpower and lower costs.
With theaters dead thanks to streaming and sharing sites like YouTube, I wouldn’t be surprised if a couple years from now, good writers with a team of creatives produce the next Star Wars or Jaws and share it on such a site. Why try to live in overpriced SoCal trying to get into an industry plagued by cronyism when you can just make a similar level film in your backyard or rent a cheap location in Oklahoma or somewhere to reduce costs?
We are all talking about the little guy like the big studios are immune but I think it’s feasible that these very giants are the ones to fall with the rise of AI.