Disney’s big bets on the metaverse and AI slop aren’t going so well
Less than a week into his tenure as Disney's newly-appointed CEO, Josh D'Amaro is already dealing with two separate crises that have cast a shadow over the company's future plans. OpenAI is shutting down its Sora image-generation program just months after Disney announced a $1 billion dollar collaboration to bake the tech into Disney Plus. And Fortnite maker Epic is laying off 1,000 employees at a time when we've heard basically nothing about the game studio's $1.5 billion investment deal with Disney to build a metaverse.
Disney could still integrate generative AI into its streaming service, and we might end up seeing some version of the co …