Blackwells’ Jason Aintabi Says Disney Should Embrace “AI” and Use Technology to Create New Characters
As part of their bid to get two seats on The Walt Disney Company board of directors, Blackwells Capital has released a “vision statement” ahead of the company’s April 3, 2024 annual meeting.
The backbone of Blackwells’ pitch to investors is that Disney should lean more heavily into AI, even using the technology to create new characters.
“Disney should be dominating in the fields of spatial computing and AI (artificial intelligence). Few companies have the potential of Disney to synthesize these revolutionizing technologies, and relate them to consumers with the impact, and ROI, that Disney can. Spatial computing has far more relevance to Disney than it does to either Apple or Meta, for example,” Ambani wrote.
Disney Should Make Technology King
In a corresponding video statement, Aintabi should undergo a technology “reimagineering” spearheaded by Blackwells’ nominee Leah Solivan that would include using artificial intelligence tools to create Disney characters and create “AI assistants” to help plan and navigate park visits. This would include helping with crowd control and ride reservations.
As part of Solivan’s plan, Disney would introduce a chief technology officer to whom all studio divisions would report.
“That would enable Disney to build out a native technology stack that underpins all efforts of the corporation,” he argued.
Blackwells Urges Shareholders to Reject Peltz
Aside from voting for their candidates, Blackwells is also asking investors to reject Nelson Peltz and Jay Rassulo, who have been nominated by Peltz’s Trian Partners. Dismissing Petlz would allow Disney to avoid being “corrupted by flip-flopping personal vendettas and lack of qualification.”
For their part, Disney has asked investors to reject both the Trian and Blackwells candidates.
Voting for board candidates will be concluded when Disney holds its annual meeting on April 3, 2024.
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