Peter Jackson, the acclaimed filmmaker behind the Lord of the Rings trilogy, shared his perspective on Artificial Intelligence (AI) during a masterclass at the Cannes Film Festival, where he was honored with an Honorary Palme d'Or. Jackson clarified that he does not believe AI is ruining films, especially in the realm of visual effects, viewing it as another tool for filmmakers. He stressed the importance of protecting actors' likenesses, stating that using AI to duplicate characters should be permissible as long as rights are respected. However, he expressed concern that the current anxiety surrounding AI could diminish the recognition of motion-capture performances, specifically mentioning Andy Serkis' iconic portrayal of Gollum. Jackson lamented that such characters might struggle to win awards due to misconceptions linking motion capture with AI-generated acting. He also discussed the upcoming project, The Hunt for Gollum, directed by Serkis, noting that it was a natural choice for him to lead the project given his unique understanding of the character. The event also featured a tribute from Elijah Wood, who acknowledged Jackson's contributions to cinema.