Why generative AI will unlock new art forms | Cris Valenzuela from Runway
Why generative AI will unlock new art forms | Cris Valenzuela from Runway  
Podcast: The MAD Podcast with Matt Turck
Published On: Wed Mar 27 2024
Description: In this episode, we dive into the fascinating world of AI art with Cris Valenzuela, CEO of Runway. Runway is a generative AI startup that co-invented Stable Diffusion, the deep learning technology that has captured the attention of the creative industry, including luminaries such as ASAP Rocky and Madonna's teams, by pushing the boundaries of digital creativity. We explore how generative AI tools empower visual artists to unleash their imaginations without the need for Hollywood-size budgets. We also discuss the effect of AI on the entire creative industry, similar to how the camera changed things back in the day. Join us for a glimpse into the future of creativity. RUNWAY Website - https://runwayml.com Twitter - https://twitter.com/runwayml Cris Valenzuela (Co-founder & CEO) LinkedIn - https://www.linkedin.com/in/cvalenzuelab Twitter - https://twitter.com/c_valenzuelab FIRSTMARK Website - https://firstmark.com Twitter - https://twitter.com/FirstMarkCap Matt Turck (Managing Director) LinkedIn - https://www.linkedin.com/in/turck/ Twitter - https://twitter.com/mattturck Foursquare Website - https://location.foursquare.com Twitter - https://twitter.com/Foursquare (00:00) Intro (00:55) What is Runway? (03:09) Runway started before the GenAI boom. How? (04:41) What do people get wrong about GenAI? (07:18) How AI is going to change creative software? (08:44) What is Gen-2? (12:02) Runway's role in creating Stable Diffusion (14:25) Gen-1: a model or a product? (15:11) Runway's evolution from image generation to video (18:18) Runway partnered with Getty. Why? (19:52) How has the AI video generation ecosystem evolved? (21:58) Adoption cyсle for AI video generation. Where are we now? (24:45) Challenges of building a research-focused company (26:25) How to build and maintain a soul in a startup? (28:27) "It's like an invention of new art form" -