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Reliance Industries (RIL) Chairman Mukesh Ambani on May 1 said that AI tools are dissolving the barriers between dreams and reality. They can make goods thousand times more captivating.  "What AI is doing to entertainment industry is hundred times more revolutionary than what cameras were in the silent period," he said.

Ambani was speaking at the World Audio Visual Entertainment Summit (WAVES), which is being held at the Jio World Centre in Mumbai from May 1 to May 4. The summit, which will have an extensive list of speakers from the entertainment world, aims to boost the potential of the media and entertainment industry that reached a revenue of Rs 2.5 lakh crore in 2024.

Speaking on building the next global entertainment revolution from India, Ambani said, "Mumbai is the entertainment hub of India. The day is not for when India will become the entertainment hub of the world."

This Summit marks the start of a long journey, he said. The beginning has been auspicious. In the future this will become the much awaited event of who's who in the entertainment world globally

On Culture and Arts, Ambani said that is India's real power. "Culture and arts have the power to unite the world. We are living in the era of the media renaissance. Most of the creation and consumption of media and entertainment industry products will start taking place in Asia," he said.

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