With OpenAI's Sora, the AI video flood is here
Briefly

OpenAI aims to explore the potential of its video generation tool, Sora, allowing society to define norms for responsible use as the technology evolves.
Despite initial excitement, reactions from the artistic community have been mixed, viewing AI-generated video as a threat to their creative integrity and an infringement on copyright.
Sam Altman emphasized the cultural significance of video in his announcement, stating, "We don't want the world to just be text. [Video] is important to our culture."
The latest version, Turbo, offers faster performance and allows users to create short video clips, though it isn't aimed at full-length film production. It's designed for collaboration.
Read at Axios
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