Topline: Why it matters: Assessments of the state of Hollywood inevitably note the effects of the pandemic and last year’s strikes as budgets are cut and layoffs implemented. But these catch-all citations lose the human toll of all the change taking place in Los Angeles. Meet a downsized development exec: This person works at an independent production company and their role was recently reduced to part-time because management had become “less enthused about the direction the industry is moving in.
” Their salary was reduced from $88,000 to $44,000. A surprising side hustle: To supplement their income, this person has started to freelance for an AI company helping to train its models, even though they’re aware this is Hollywood’s existential fear. “I feel I have important skills that others in my position do not (how to prompt and AI chatbot to get the best response),” this person says.
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