Honey, we shrunk the world in first teaser for Downsizing

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Aug 30, 2017, 4:29 PM EDT

The world is getting smaller — and we mean much smaller — in the upcoming dystopian satire Downsizing.

Paramount Pictures has released the first teaser trailer for the movie, which we first heard about back in 2012. It takes place in a future where scientists have found a way to deal with the Earth's overpopulation problem by reducing human beings to about five inches in height — thus necessitating less space for the smaller societies in which they'll live.

Matt Damon (who's spent a lot of time in the sci-fi space in recent years with films like Elysium and Interstellar) and Kristen Wiig (Ghostbusters) star as a couple who are about to go through the process and embark on a new life, with ramifications both personal and financial undoubtedly waiting for them. Check it out:

Interestingly, the teaser doesn't really acknowledge the sci-fi elements of the story until the final few shots, although hopefully that will come more to the forefront when the first full trailer is unveiled on Sept. 12.

Sci-fi is a new genre for director and co-writer Alexander Payne, whose previous films are almost all quirky and somewhat acidic comedy-dramas. But those include such brilliant movies as Election, Sideways and The Descendants, so we're excited to see what Payne can do with our favorite genre.

The terrific cast includes Christoph Waltz, Hong Chau, Jason Sudeikis, Laura Dern, Alec Baldwin, Neil Patrick Harris and Margo Martindale in addition to Damon and Wiig. The film just premiered at the Venice Film Festival today, with a North American premiere scheduled for Sept. 9 at the Toronto Film Festival. It won't hit theaters until Dec. 22, but we'll be watching as the reviews and buzz roll out for the movie.

(via Slashfilm)