Paramount’s merger with Skydance has already brought about mass layoffs, including at CBS News, where Free Press founder Bari Weiss is leading a cultural overhaul as editor in chief. In January, Oracle became a partial owner of TikTok, giving the Ellisons even more cultural currency.
Her diagnosis triggered an outpouring of support from her peers, including Kylie Minogue and Toni Collette.
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To be sure, AI adoption could come with some serious fiscal benefits for governments, including higher growth, stronger corporate and wealth tax receipts, and sharper tax administration. AI-powered digitalization could also plug compliance gaps, potentially adding up to 1.3% of GDP in revenue for countries with weak enforcement, according to Moody’s, citing IMF data.
But there are plenty of wild cards ahead, as Ullrich and others are quick to acknowledge.