0

Costs Fall by Orders of Magnitude

https://runwayml.com/news/company-news/ai-media-report(runwayml.com)
A study of enterprise customers using Runway's AI tools reveals that media production costs are falling by two to three orders of magnitude. For example, a national brand reduced a $5 million commercial budget to under $4,000, while a retailer replicated an $800,000 project for less than $10,000. In addition to cost savings, production timelines are drastically compressed, with tasks that once took months now being completed in hours, and the output quality is sufficient for broadcast television. The data also shows that adoption is deepening, with companies expanding their use of the platform and making AI skills a mandatory requirement in creative job descriptions.
0 pointsby hdt9 hours ago

Comments (0)

No comments yet. Be the first to comment!

Want to join the discussion?