Cord Jefferson accepts the award for best adapted screenplay for "American Fiction" during the Oscars. (AP Photo/Chris Pizzello)

Cord Jefferson used his Oscar speech for Best Adapted Screenplay for American Fiction to plead with Hollywood to take more risks on unconventional stories and filmmakers.

After thanking the Academy and his team, the 40-year-old first-time director implored: “It’s a plea to acknowledge and recognize that there are so many people out there who want the opportunity that I was given.”

Jefferson, who adapted the film from Percival Everett’s novel Erasure, pointed out the industry’s willingness to gamble on $200 million blockbusters.

“Instead of making one $200 million movie, try making 20 $10 million movies or 50 $4 million movies,” he urged. “The next Martin Scorsese, the next Gretas, the next Christopher Nolan are out there, I promise you. They just want a shot.”

The historic winner, who became the sixth Black screenwriter to win in the category, expressed gratitude for being entrusted to direct at 40 despite no prior experience.

“It’s changed my life, thank you for trusting a 40-year-old Black guy who has never directed anything before,” Jefferson said.

His call for taking chances echoed long-standing criticism of Hollywood’s risk-averse nature, especially toward underrepresented filmmakers telling unconventional stories.

Fellow adapted screenplay nominees included Greta Gerwig and Noah Baumbach for Barbie, Christopher Nolan for Oppenheimer, Tony McNamara for Poor Things and Jonathan Glazer for The Zone of Interest.

Gerwig has spoken about pursuing an ambitious vision for Barbie given the uncertainties of the pandemic filming environment.

Jefferson’s stirring speech implored decision-makers to provide more opportunities to fresh creators with unique perspectives, arguing such relatively low-cost gambles could unearth the next generation of great filmmakers.