"The stock prices of some major video game companies, including Take-Two Interactive, Roblox, and Unity, had notable declines on Friday, just a day after Google announced its Project Genie tool that lets users prompt AI to generate interactive experiences, Reuters reports. Take-Two's stock price closed at $220.30 (down 7.93 percent from yesterday), Roblox's closed at $65.76 (down 13.17 percent), and Unity's closed at $29.10 (down 24.22 percent)."
"Google DeepMind's Diego Rivas told The Verge that Genie 3, the AI world model powering Project Genie, was "trained primarily on publicly available data from the web," and a whitepaper from Google DeepMind researchers about the first Genie model said that it was trained from "a large dataset of over 200,000 hours of publicly available Internet gaming videos." Many game developers are already very skeptical of generative AI and its hand in seemingly ripping off existing works to let people create AI slop."
"The Super Mario and The Legend of Zelda-like worlds I was able to create from prompts with Project Genie somewhat resembled Nintendo's actual games, but the experiences didn't have any of the fun or playability of the originals. For an industry already grappling with wave after wave after wave of layoffs, even the current form of Project Genie represents a pitch to replace work like testing and concept building. The version of Project Genie Google presented this week can only make interactive experiences that are 60 seconds long."
Major video game companies experienced steep stock declines after Google's Project Genie announcement, with Take-Two, Roblox, and Unity posting significant drops. Project Genie enables users to prompt AI to generate short interactive experiences. Google DeepMind stated Genie 3 was trained primarily on publicly available web data, and earlier models used over 200,000 hours of publicly available internet gaming videos. Artists and creators have objected to alleged use of their work and to AI resource costs. Developers report generated worlds can resemble existing games but lack playability. Current Genie outputs are 60-second experiences with no scores, objectives, or sound, and they can contain errors and are only downloadable as videos.
Read at The Verge
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