China’s Netflix Expects AI to Create Bulk of Shows in Five Years

IQiyi Inc. expects AI to create the bulk of its films and shows in five years, a monumental industry shift that spurred the Netflix-style streaming service to begin the biggest corporate overhaul since its 2010 inception.

The Beijing-based company plans to convert its video app and website into more of a social media destination that hosts mainly AI-generated content as video models mature, founder and Chief Executive Officer Gong Yu said in an interview at iQiyi’s annual content showcase. As part of that transition, iQiyi officially debuted the Nadou Pro suite Monday — an AI toolkit it said can handle almost every aspect of filmmaking, from scriptwriting and storyboards to final rendering.