Tech billionaires in California are fighting a proposed one-time wealth tax. A Google co-founder is leading the charge against the tax, which would generate revenue for health-care services.
AI:Tech billionaires in California are mobilizing to fight a proposed one-time wealth tax that aims to fund state healthcare services. Led by prominent figures including a co-founder of Google, these industry leaders are pushing back against the taxation attempt, marking a continued conflict between massive private capital and government efforts to redistribute wealth through new levy structures.Open
Actress Jane Fonda and Wendy Schmidt, wife of Google co-founder Eric Schmidt, are bankrolling a campaign to block a popular ballot measure that would cut red tape on housing construction in a state where the median home just hit a record $930,000. The two women launched their "No on 45" campaign in Sacramento on Wednesday, […] The post Jane Fonda and a Google billionaire's wife fight California housing reform — from mansions worth millions appeared first on American Almanac .
Actress Jane Fonda and Wendy Schmidt, wife of Google co-founder Eric Schmidt, are bankrolling a campaign to block a popular ballot measure that would cut red tape on housing construction in a state where the median home just hit a record $930,000. The two women launched their "No on 45" campaign in Sacramento on Wednesday, rallying opposition to Proposition 45, a measure that would limit environmental reviews and court-imposed delays on housing, infrastructure, water, healthcare, and clean energy projects across California. Fonda, 88, and Schmidt, 71, are working through Clean and Healthy California, an environmental PAC that Schmidt seeded with more than $5 million and that has poured $7 million since June into defeating the measure. …Open
As artificial intelligence forces students to rethink their majors and reshapes the job market , it's clear that graduates don't want to hear about the technology on their big day. The big picture: Several commencement ceremonies have been interrupted by boos and jeers when speakers have brought up AI, an indicator that while the tech is easing into many parts of life , not everyone is on board . Driving the news: Former Google CEO Eric Schmidt drew repeated boos Friday while discussing AI at the University of Arizona's commencement. - Real estate executive Gloria Caulfield called AI "the next industrial revolution" at the University of Central Florida's commencement, and was immediately drowned out by boos from arts and humanities…