I still suspect
All Quiet may win Best Picture. The Academy likes to give the award to movies they think are "important." And war movies are always important to remind us of what we don't want to repeat. (And there is the Ukrainian war going on.

)
And after last year's slap, and so many people asking if these award shows are even necessary, they may want want to give the award to a serious, important movie than a weird, wild one.