Two years after the groundbreaking release of ChatGPT by OpenAI, AI technology has evolved at an unprecedented pace. But how far have we really come? This talk will explore the significant technological advancements in AI, examine the real-world use cases emerging in the entertainment industry, and discuss the future trajectory of AI. We'll delve into the impact AI is having on content creation, production, and audience engagement, addressing key questions about where the field stands today and what lies ahead.