The dual strikes of the writers' and screen actors guilds in Hollywood could have devastating effects on the entertainment industry if not resolved soon, warns IAC and Expedia Chairman Barry Diller. He predicts that a prolonged strike could lead to an Absolute Collapse of the industry, with fewer programs for consumers to watch, canceled streaming subscriptions, and reduced revenue. Diller suggests that top studio executives and actors take a pay cut as a good-faith measure to address pay disparities. He also raises concerns about the impact of artificial intelligence on the publishing industry and the need for copyright protection.

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