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For a while now it has been obvious that the effects done by TV and movie studios would eventually make their way to cellphones and tablets.  This year at CES many of the cellphones and tablets on display had built in augmented reality apps.

We are rapidly approaching a time when everyone will have a TV studio in their pocket. One that allows editing of footage, CGI effects, and real time virtual sets.    This is a seriously disruptive technology. All you will need is a copy of blender to create your sets, and you can film in any location on earth without ever leaving your home. The Over the next several years the TV and movie studios will face real competition from several billion people.