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Back to Inside fal’s $1.65B Series E & F Led by Sequoia & Bessemer, with Burkay Gür & Gorkem Yurtseven.

Has AI Taken Hollywood Jobs Yet?

fal co-founders Burkay Gür and Gorkem Yurtseven say AI has had zero impact on Hollywood labor so far. Hollywood podcasts and the news keep arguing that AI is going to kill Hollywood. The work means talking with people in Hollywood all the time, and the damage people expect is still a projection. Business from Hollywood has been increasing over the last six months and has reached a meaningful share of fal's revenue. Almost no worthwhile Hollywood content has been made with it. The change is coming and there are signs of it, but the warning has circulated for four years and has been fear with nothing real behind it.

Adoption in Los Angeles has also been slow for a regulatory reason. Lawyers at the studios have to be comfortable with the models, not only with the quality of the models. Companies are now starting to go after the tools in force.

Transcript

Inside fal’s $1.65B Series E & F Led by Sequoia & Bessemer ·

Sourcery

More from this episode

  1. Why Is Generative Media One of Only Three Product-market Fits in AI?fal co-founders Burkay Gür and Gorkem Yurtseven say AI has three product-market fits: search, coding agents, and generative media.
  2. Why Did Fal's Image Business Come Back?fal co-founders Burkay Gür and Gorkem Yurtseven say about half of fal's revenue now comes from video models and half from image models.
  3. Who Pays $5 for a Five-second AI Video?fal co-founders Burkay Gür and Gorkem Yurtseven say a five-second video priced at five dollars still found essentially infinite demand.
  4. How Did Fal Move From Data Infrastructure to Image Models?fal co-founders Burkay Gür and Gorkem Yurtseven say fal started in 2021 as a compute company, before the current AI wave.
  5. Why Did Coinbase Make Candidates Pass a Crypto Quiz?Burkay Gür says Coinbase made candidates pass a crypto quiz posted on Reddit before anyone on the team would take a phone call.
  6. Why Does Fal Have No Pure Managers?fal co-founders Burkay Gür and Gorkem Yurtseven say fal has no pure managers and does not plan to add them.
  7. Why Does Fal Send Engineers Home on Weekends?fal co-founders Burkay Gür and Gorkem Yurtseven say fal looks for agency, hunger, and humility in engineers.
  8. Why Can't a New AI Model Buy Its Own Inference Compute?fal co-founders Burkay Gür and Gorkem Yurtseven say a lab with a new model has to plan inference compute before the launch.
  9. How Did Fal Get Its Name?fal co-founders Burkay Gür and Gorkem Yurtseven say fal is the initials of features and labels, two old machine-learning terms from before the current AI wave.

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