Hollywood Was Cooked Before AI, and Now It’s Only Getting Worse | Odd Lots

Is Hollywood just screwed? Writers are earning less. There are fewer shoots taking place in Los Angeles. And people are freaked out about AI. But according to Hayes Davenport, things were starting to feel bad in Hollywood before chatbots showed up to the scene. Davenport — who’s written for shows like Family Guy and is now creative director of L.A. Material and the co-host of the fantastic Hollywood Handbook podcast — joined us on stage at the Vermont to give us a history lesson on Hollywood’s steady decline from the pandemic to now. We also get into the changing norms of AI use among entertainment professionals and why Davenport is jealous of New York right now.

Chapters:

00:00:00 – Introduction to the Industry of Hollywood

00:01:25 – The Decline of Hollywood Production: Shoot Days Data

00:03:12 – The Streaming Transition and Cable’s Decline

00:04:41 – What Happens to Unemployed Writers

00:07:45 – Why Production Is Leaving LA: Tax Incentives and Global Competition

00:10:36 – The Writer’s Room Model: Why TV Needs Teams

00:13:50 – Content Libraries, Competition, and the Value of IP

00:14:52 – AI and Hollywood: Norms, Threats, and the Below-the-Line Economy

00:18:08 – Horror’s Rise and Comedy’s Decline

00:20:00 – AI Writing Experiments and the Broader Threat Context

00:22:43 – Ripple Effects on the LA Real Economy

00:26:37 – Comedy Writing vs. City Hall: A Brief Digression

00:27:39 – The End of the Monoculture and Celebrity Visibility

00:30:15 – Conclusion and Sign-Off

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