Taika Waititi says Hollywood is running out of ideas

"Thor: Ragnarok" director Taika Waititi says Hollywood is running out of ideas, which he believes is a good thing.

During a masterclass at the ongoing Toronto International Film Festival, the 43-year-old filmmaker said due to the lack of ideas, the industry is looking up to other communities for newer stories, reported IndieWire.

"We're in a really cool place right now: Hollywood is running out of ideas," Waititi said.

"They are scrambling for ideas and stories, and where do they turn? Indigenous people, ethnic people, they turn to Korea, Japan, they turn to anywhere outside of America for films that they can remake for things that are outside of their comfort zone, because that's where the interesting stuff is," he added.

Waititi also said the new and upcoming directors must stay true to their own vision of filmmaking.

"If we just ride it, and just be true to our own vision and our own stories and our own voices and not conform to that, and not go like, 'oh, it's like 'What Happens in Vegas', but with brown people,' maybe there's a good film in there, but if we stick to our own guns, I think we're in a good place. Speak your truth," Waititi said.

The filmmaker also believes that "indigenous people should be telling their own stories".

"And making themselves part of the culture and really learning about it, instead of someone else from another culture coming in and telling our stories and all they care about is box office or just making a film. It's got to be about actually bringing a message... I think it's vital that we keep telling our own stories," Waititi said.