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Nathan and co-host Stephen Parker delve into the world of AI video generation with Anastasis Germanidis, Co-Founder and CTO of Runway. This episode of The Cognitive Revolution explores the cutting-edge technology behind Runway's Gen 3 models and their impact on the creative industry. From emergent properties in scaled-up models to the democratization of video creation, join us for an illuminating discussion on the future of AI-generated content and its potential to reshape entertainment and culture.\nCheck out Runway here: https://runwayml.com\nApply to join over 400 Founders and Execs in the Turpentine Network: https://www.turpentinenetwork.co/\n\nSPONSORS:\nNotion: Notion offers powerful workflow and automation templates, perfect for streamlining processes and laying the groundwork for AI-driven automation. With Notion AI, you can search across thousands of documents from various platforms, generating highly relevant analysis and content tailored just for you - try it for free at https://notion.com/cognitiverevolution\nWeights & Biases RAG++: Advanced training for building production-ready RAG applications. Learn from experts to overcome LLM challenges, evaluate systematically, and integrate advanced features. Includes free Cohere credits. Visit https://wandb.me/cr to start the RAG++ course today.\nOmneky: Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off https://www.omneky.com/\nOracle: Oracle Cloud Infrastructure (OCI) is a single platform for your infrastructure, database, application development, and AI needs. OCI has four to eight times the bandwidth of other clouds; offers one consistent price, and nobody does data better than Oracle. If you want to do more and spend less, take a free test drive of OCI at https://oracle.com/cognitive\n\nRECOMMENDED PODCAST:\nThis Won't Last - Eavesdrop on Keith Rabois, Kevin Ryan, Logan Bartlett, and Zach Weinberg's monthly backchannel ft their hottest takes on the future of tech, business, and venture capital.\nSpotify: https://open.spotify.com/show/2HwSNeVLL1MXy0RjFPyOSz\n\nCHAPTERS:\n(00:00:00) About the Show\n(00:00:22) About the Episode\n(00:03:05) Introduction and AI for Creative Work\n(00:03:39) Video Generation as World Modeling\n(00:05:52) Emergent Properties in Scaled Models\n(00:08:44) Importance of Architecture vs Data\n(00:10:57) Multimodal Models\n(00:15:52) Sponsors: Notion | Weights & Biases RAG++\n(00:18:37) Video Understanding and AGI\n(00:25:03) AI Agents for Video Creation\n(00:27:30) Runway's culture of shipping\n(00:29:20) Balancing Research Publication and Strategy\n(00:33:19) Sponsors: Omneky | Oracle\n(00:34:40) Features Variety Release Cycle\n(00:36:54) Power Users\n(00:38:56) Interactive Video\n(00:40:40) Scaling Challenges\n(00:42:21) Future of Creativity\n(00:45:24) Competing with Giants\n(00:47:39) Model Divergence\n(00:49:28) Disclosure vs. Strategy\n(00:51:19) Runway ML's API\n(00:54:23) Outro\n\nSOCIAL LINKS:\nWebsite: https://www.cognitiverevolution.ai\nTwitter (Podcast): https://x.com/cogrev_podcast\nTwitter (Nathan): https://x.com/labenz\nLinkedIn: https://www.linkedin.com/in/nathanlabenz/