In recent weeks, the tech world has been abuzz with AI “jobpocalypse” warnings. Microsoft AI chief Mustafa Suleyman warned that white-collar workers have a year to 18 months before they face widespread job displacement. Former presidential candidate Andrew Yang and JPMorgan Chase CEO Jamie Dimon concurred.
The $111 billion deal will see Paramount own 100 percent of WBD and value the company at $31 per share. The deal has "unanimously approved" by both company boards, but still has to get the green light from U.S. and European regulators. It's worth noting that Paramount sees the merger as "expected to close in Q3 2026", so it may be a while off yet.
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