27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
As Hollywood actors and writers’ unions continue their strike, job postings at companies like Disney and Netflix reveal a significant embrace of the technology.
In a recent job posting, Netflix Inc (NASDAQ:NFLX) offered about $900,000 for a single AI product manager job role, reported The Intercept.
AI Investments and Strikes: Actor Rob Delaney criticized the industry’s spending on AI while neglecting actor wages. “So $900k/yr per soldier in their godless AI army when that amount of earnings could qualify thirty-five actors and their families for SAG-AFTRA health insurance is just ghoulish,” he said.
“Having been poor and rich in this business, I can assure you there's enough money to go around; it's just about priorities,” he added.
Duncan Crabtree-Ireland, the chief negotiator for the actors' union, SAG-AFTRA, echoed these sentiments, expressing concern over the manipulation of actors’ scanned likenesses by A.I. without adequate compensation.
See Also: 7 Netflix Analysts Size Up Password Sharing Crackdown, Hollywood Strikes Impact
AI in Content Creation: Like Netflix, Disney has also listed job openings for AI-related positions, indicating a growing role for A.I. in their studios, including Marvel, Walt Disney Animation, and Pixar.
However, the use of AI in content creation has raised ethical concerns. Ben Zhao, a professor of computer science at the University of Chicago, warned that the commercialization of AI research could lead to the creation of digital actors that replace humans.
Read Next: Hollywood Writers’ Strike Hits HBO’s ‘The Last of Us’ Season 2
Netflix Photo by Kaspars Grinvalds on Shutterstock
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27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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