★ Must ReadDisney’s big bets on the metaverse and AI slop aren’t going so well
Disney's newly-appointed CEO Josh D'Amaro faces immediate headwinds on two major technology initiatives: OpenAI is shutting down its Sora video-generation tool just months after Disney committed $1 billion to integrate it into Disney+, and Epic Games is conducting mass layoffs that undercut the viability of metaverse platforms Disney has bet on. The timing is particularly damaging because these were positioned as core growth drivers for the company's streaming and digital future. This signals that Disney's high-stakes wagers on emerging AI and metaverse technologies may not deliver the expected returns, forcing a potential strategic recalibration early in D'Amaro's tenure.