AI Boom Risks a ‘Corporate Extinction Event’: Paul

Sherry Paul, managing director and private wealth advisor at Morgan Stanley, says companies that fail to embrace AI risk being overtaken by competitors that use the technology to boost productivity and profitability. “We move into what I call the corporate extinction event,” Paul says on “Bloomberg Surveillance,” comparing the disruption to Netflix overtaking Blockbuster. This interview aired Sept. 17, 2026. (Source: Bloomberg)