The new feature from OpenAI is the development of 60-second videos from a short text prompt. Example prompt:

"A movie trailer featuring the adventures of the 30 year old space man wearing a red wool knitted motorcycle helmet, blue sky, salt desert, cinematic style, shot on 35mm film, vivid colors."


Despite all of the doom-and-gloom warnings of people now easily making "fake" videos, I am cautiously optimistic that this development may eventually be able to address the current problem with the glut of low-quality films, by drastically lowering the cost of filmmaking for independent filmmakers. If it can make Hollywood actors and actresses useless, even better.