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Snap Inc CEO Evan Spiegel is optimistic about Artificial Intelligence, predicting it will boost creativity without replacing traditional creative roles anytime soon, he said in an exclusive interview with CNBC-TV18.
Acknowledging that AI is rapidly transforming industries, Spiegel said, “There is so much opportunity with generative AI.”
Elaborating on Snap's collaboration with OpenAI on a chatbot and the potential for AI to enhance image and video creation, Spiegel said, “If you look at the history of our augmented reality (AR) business, a lot of those AR lenses were built in Lens Studio, involved generating a lot of 3D assets by hand.”
The Snap Inc CEO believes that AI will transform this process, stating, “I think not only will 3D assets be generated by artificial intelligence, but the entire lens authoring process, and ultimately, the rendering of the lens, will be driven by AI as well.”
Addressing concerns about AI's role in the movie industry, Spiegel referenced recent comments from actor Ben Affleck, who expressed scepticism about AI taking over creative roles.
“AI is not replacing Ben Affleck anytime soon,” Spiegel quipped, reinforcing the idea that while AI can streamline processes and reduce turnaround times, it cannot substitute for the artistry and direction provided by human creators. He added, “It’s not going to be able to do away with real actors, directors, and so on.”
Spiegel further elaborated on the democratisation of creativity that AI tools which he said can facilitate. “At Snap, we believe that everybody is born creative... but I think over time, whether it's through fear or because we don't necessarily have the tools to express ourselves, that creativity can be suppressed,” he explained. He added that when Snap provides creative tools to its community, “that sort of creativity is unleashed”.
Looking ahead, Spiegel expressed excitement about the future of AI, envisioning a world where individuals everywhere can express their creativity more freely. “The most exciting thing is that people everywhere will be able to truly express their creativity,” he said, adding that Snap is committed to empowering users through innovative technology.
Storyboard18's signature initiative 'Share The Spotlight' returns with its Delhi edition, bringing together business leaders and changemakers to honour women rewriting the rules and sparking transformation.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.