Robert Thomson, CEO of Rupert Murdoch’s News Corp., who was tried last month by Donald Trump, found a cunning way to return Trump to the Tuesday conversation.
Feisty and Puckish Exec, whose signature facilities often include alliteration and high quality language, quote Trump in the fiscal report on the fourth quarter of the company. Trump’s claim was encouraged by Enterprise report in News Corp’s Wall Street Journal A study of the links between the President and the convicted pedophile Jeffrey Epstein.
Ever since the deadline
Thomson’s reference skillfully avoided the direct reference to Epstein or the lawsuit, and it came after some signs of thawing in the hot and cold relations between Murdoch and Trump.
In the release of the company’s profit and in prepared remarks on a subsequent conference conversation with investors, Thomson noted that Trump’s irony as IP holder was the victim of AI. This circumstance has evolved even when the president has made several moves in support of large technology companies in their AI development. Last January, he hosted Openai Chief Sam Altman, Oracle Chairman Larry Elison and others in the White House to announce Project Stargate, an initiative aimed at $ 500 billion in AI infrastructure costs in the US
Publishers and media companies such as News Corp selectively conclude deals with AI companies in an attempt to derive revenue from the invasion of technology. They are also ready to explore their legitimate capabilities to fight what they consider to be theft of their property, as in the News Corp case last fall against the main AI company. Claim JournalThehe New York Post and works published by its division of the book HarperCollins.
“The age of AI must appreciate the value of intellectual property if we are collectively to realize our potential,” Tomson said in the release of profits. “Much is done by competition with China, but the advantage of America is inventions and creativity, not lifestyle and bytes, but watts, but wit. To undermine this comparative advantage by eliminating IP rights is to vandalize our virtuosity.
“Even the President of the United States is not immunized against this screaming theft. The president’s books are still reporting healthy sales, but are consumed by AI engines that earn from his thoughts by cannibalizing his concepts, thus undermining the future sales of his books.