Kara Swisher · 41:14
It's interesting. But he We should
Scott Galloway · 41:16
bring him on to talk about We
Kara Swisher · 41:17
should. We're going to. We will do that. We will bring... We will do that. That is... Well, that will happen because because... And that'll drive Jeff Switcher crazy. Anyway, okay. Love all the Swishers. All over your life, Scott. You've now joined the
Scott Galloway · 41:27
swisher. Town.
Kara Swisher · 41:29
My mom sat in your house and said you might be gay. Lucky.
Scott Galloway · 41:33
Lucky. Who kept saying, like, over and over. So I thought you were gay.
Kara Swisher · 41:38
I still feel gay.
Scott Galloway · 41:39
We'd all laugh uncomfortably and then we'd say, so you drew down from Vero Beach? And she'd go, literally, she'd go, yeah. It took us about an hour. I thought you were gay.
Kara Swisher · 41:50
Then she called her wife
Scott Galloway · 41:51
a model.
Kara Swisher · 41:52
She called her wife a model though. Yeah. That was nice.
Scott Galloway · 41:54
Story of our life. Story of our life. You're a model. Aren't you gay?
Kara Swisher · 41:58
I still think he's gay.
Scott Galloway · 41:59
Not that there's anything wrong gay. With him.
Kara Swisher · 42:00
That's his wife. Oh my god. No. We forgot that part. My mom, he forgot. She didn't have my mom. He's met her before, but nonetheless, she was in fine form, as they say, sitting in his She
Scott Galloway · 42:13
looked great. You gotta give it to her.
Kara Swisher · 42:15
She looked She's a good looking woman.
Scott Galloway · 42:17
Anyway. Know what the scariest moment I've What? Had in a This woman comes in, you know, starts, you know, barking things at everybody. Your mom's not a young lady. And anyways, I'm like, oh, she's so adorable and she's so little and old and likable. I mean, she looks great for her age, just in case she listens to this. And then what do we do? We put her in a rental car and send her to the highways of Florida. I'm like, that woman has a driver's
Kara Swisher · 42:46
I cannot stop her. I've tried.
Scott Galloway · 42:47
Driver's license? I've tried.
Kara Swisher · 42:50
I I... I'm going to have to do something about it at some point, but it... I have tried. I... That's Florida for you. Welcome to that. But then again, you brought me to a Trump boat rally. Anyway, Scott, one more quick break. And and by the way, Scott, if you are gay, there's nothing wrong with that.
Scott Galloway · 43:04
100%. It's not too late. One more quick break. Not too late.
— Predictions segment begins —
Kara Swisher · 43:08
Back for predictions.
[Ad break]
Kara Swisher · 44:11
Okay, Scott. You predicted Elon Musk was going to do a Dogecoin sketch on SNL, and he's already tweeting about it. What else do you have? That was really good. Doge format.
Scott Galloway · 44:20
Just kinda blown away by this. I don't know if you saw but Tesla's it did... I think it did 93¢ of earnings Yep. Per But 25 Okay. Of It was supposed it was supposed to... Analysts estimated it was gonna do somewhere in the seventies. Yeah. And if you miss earnings, the stock goes way down. If you beat earnings, the stock typically goes up. You beat expectations, stock goes up. You miss expectations, it go down. The actual part of the company that builds cars or batteries or solar or whatever did 68¢. Yeah. But the company reported 93¢. You know what made up the delta?
Kara Swisher · 44:54
Doge.
Scott Galloway · 44:55
Profits from selling Bitcoin.
Kara Swisher · 44:58
Bitcoin.
Scott Galloway · 44:58
So we now have a company that is beating earnings based on its ability to trade in a in a currency asset equity, which quite frankly, the CEO has tremendous influence over. So imagine the This following
Kara Swisher · 45:11
could be an SEC problem.
Scott Galloway · 45:12
Go ahead. Imagine the following. You're the CEO of a company and you're not gonna make earnings. And you can put out a tweet that sends the value of a stock or an asset that you have had your company buy soaring. You then sell that inflated currency and juice your earnings and then wash, rinse, and repeat. It just, there is something very uncomfortable about, and the beautiful thing about the markets at least to date is that no one person can control them. And we are getting to a point now where one person can control the markets.
Kara Swisher · 45:45
Now He says and they do. He's got And
Scott Galloway · 45:47
now he is. Right? And now he can make up his earnings by doing a tweet saying, Bitcoin's at $60,000. And if Bitcoin goes up, they sell their Bitcoin. Then when it goes down, he might buy some more in a few more tweets. And you're gonna see... I think the SNL is going to be
Kara Swisher · 46:05
Oh.
Scott Galloway · 46:06
In a congressional hearing. Wow. And that is I think they're gonna
Kara Swisher · 46:09
I love this prediction.
Scott Galloway · 46:11
They're gonna do a skit on Doge coin. Doge coin's gonna become increasingly volatile around the... When SNL plays. Because the unique thing about crypto is it trades 24 by seven versus stocks, which only trade, you know, in market hours. Wow. That's
Kara Swisher · 46:25
watch that carefully.
Scott Galloway · 46:27
Well, The it's up till May House and Senate committees and the SEC are all gonna freak out when they realize we now have one individual who can not only manipulate the markets or I don't know, pump the markets. I don't wanna use the word manipulate because it's really not anything different than any other hedge fund manager tries to do. Yep. But now it's starting. He's using it as a cushion or a shock absorber for his earnings. Yeah. This is... We're in uncharted territory.
Kara Swisher · 46:49
You know, Musk has always taken people to uncharted territories. I'll tell you that.
Scott Galloway · 46:53
SNL, Dogecoin, Musk, and congressional hearings on our
Kara Swisher · 46:58
character like him in history? Is it like... Who who has been That's
Scott Galloway · 47:02
a really interesting point.
Kara Swisher · 47:03
Is that PT Barnum? What is it? What?
Scott Galloway · 47:06
Well, well, PT Barnum, people don't people don't give the credit. The genius and I learned all of this from Hugh Jackman, that movie about PT Barnum. You know, the guy... PT Barnum was considered just a carnival barker, but he was also a genius
Kara Swisher · 47:20
Marketing.
Scott Galloway · 47:20
Very creative and a very interesting product. Right? Like, don't know. I'm I'm trying to think who the equivalent of
Kara Swisher · 47:26
Well, there's a little PT Barnum in there. Howard Hughes. There's all kinds of people.
Scott Galloway · 47:32
Yeah. Howard Hughes. I'm I'm a... I think Howard Hughes is a really interesting character.
Kara Swisher · 47:36
Me too.
Scott Galloway · 47:36
I don't know. What do you...
Kara Swisher · 47:37
You're I
Scott Galloway · 47:38
don't know.
Kara Swisher · 47:38
I'm trying to sort of... I like thinking about this fan base. I'm thinking of doing a column on fans, like how this fan thing, and he is the ultimate fan haver, and he does use it to manipulate. I was thinking about that, like watching... Look at those earnings and watching how a lot of it was this coin. But then he was talking about it. Like, what do you do if you're the SEC and that's happening?
Scott Galloway · 47:56
Yeah. But I mean, it's not... And people won't like this analogy, but the closest the closest metaphor or analog to Elon Musk in terms of his fearlessness and quite frankly, his willingness to be inappropriate and have this religious like following is Trump. And also leveraging a medium. The thing that you Trump doesn't
Kara Swisher · 48:19
make nearly as much money.
Scott Galloway · 48:21
Well, and the thing that's fascinating about Elon Musk is he's clearly a brilliant engineer and an incredible visionary. I mean, this fearlessness and I don't know, that part of his brain that doesn't put up filters Yeah.
Kara Swisher · 48:33
He
Scott Galloway · 48:33
does. Basically brings down filters to, oh, you can't do that. And he thinks, well, no, I can land two rockets on two barges concurrently.
Kara Swisher · 48:39
He's also when you interview him, will get mad at you and threaten to leave and he's... Nobody does that. He's so id. He's like an id. Really? Interviewing him is like an id. And then you sort of calm him down, and then he says, you know, he stays, which is interesting. But I I wouldn't be surprised if he walked off an interview of mine at some point. But he... I I don't... And I don't even mind because I sort of expect it, which is interesting. Everyone else tries to be polite.
Scott Galloway · 49:00
I heard him and Louis Swisher are dating. I I just I heard it. I heard it here.
Kara Swisher · 49:04
Stop. Anyway, we'll see what happens. This is a great prediction. You know, I made a little prediction. Yeah. I Aren't you gay? Wait.
Scott Galloway · 49:15
What?
Kara Swisher · 49:15
I like how you bring that together.
Scott Galloway · 49:17
Alright. This is a nice home. It feels like someone gay did it. Okay, Lucky. Get in your compact car and head back to Vero Beach.
Kara Swisher · 49:28
Jesus. Five. We'll stay off the road. Anyway, I did a prediction. I said, even if California governor Gavin Newsom
Scott Galloway · 49:35
faced a model, don't you have sex with other men? Thank you, Swisher family. And you're you're like, you don't even spend any time with her. You're like, I don't wanna deal with her. You just roam around on FaceTime calls barking orders at people. I do. And she's there with her sister. And I'm like, how did I end up here? How did I end up twenty
Kara Swisher · 50:01
seven minutes, you couldn't handle it. I... I'll deal with your dad any day of the week and twice on Sunday. You bring your dad to me, and I... We will have a good time. We'll drink a little whiskey. We'll laugh. I'll find out what actually happened to you when you were a young person. Anyway, nonetheless,
Scott Galloway · 50:16
He I'm wasn't willing there for much of that. He's
Kara Swisher · 50:18
not I'm willing to host any Gellwyn you want to bring to us.
Scott Galloway · 50:20
But I heard he makes a lot of money now, so I love him to death. That's probably true.
Kara Swisher · 50:26
Anyway, I'm gonna finish with my prediction. Even if California governor Gavin Newsom faces a vote of no confidence, he is, quote, not gonna lose no matter how many tech dudes and GOP are trying to take advantage of
Scott Galloway · 50:35
it. Percent. Say more. Say more. Go on.
Kara Swisher · 50:38
Saying he's on the upswing. Things are going better in California. The the... You know, he may have that little bit of a problem with going to the restaurant, but that's all over. I think he's gonna do just fine.
Scott Galloway · 50:47
What's... I mean, what's with that? This has been a tough time for every state.
Kara Swisher · 50:51
I just wanna forgiving of him.
Scott Galloway · 50:53
Well, not only that, but what's with this movement and all these all these people It's a moth. Talk about carnival barkers that don't have any actual solutions.
Kara Swisher · 51:01
A lot of people. Caitlyn Jenner's running, you know, which is interesting. But, you know, this happened before, like, when when when Arnold Schwarzenegger became governor. But nonetheless, I think he is not... I think he's not going anywhere. He's very popular. Nobody wants him out. All the polls are showing that way. So he's gotta really screw up over the summer. But it did qualify. So we'll see what... Anything could happen because now it can happen. But we'll... I think he's... It is gonna be stronger than ever.
Scott Galloway · 51:27
Gavin Newsom is not Gray Davis.
Kara Swisher · 51:29
Yeah. Yep.
Scott Galloway · 51:30
Anyway He's too tall and handsome to recall.
Kara Swisher · 51:33
Anyway, He's too tall and handsome. I think he's he was always had a real... Much more tense relationship with the tech people than you realize, even though it seems solicitous.
Scott Galloway · 51:40
Who I interviewed yesterday on professor g. Who? Senator Al Franken.
Kara Swisher · 51:44
Oh, how'd that go?
Scott Galloway · 51:46
You know, I I I think senator Franken deployed what is a weapon that is not utilized in politics that is just so ripe, and that is humor.
Kara Swisher · 51:55
He's very funny.
Scott Galloway · 51:56
He's... You could tell he's really, like, scarred, upset, like, deeply hurt by what happened to him. Yeah. And also he said that he he would consider running again. So I'm interested to see if that happens.
Kara Swisher · 52:09
He should have.
Scott Galloway · 52:09
I think he'd be re... Don't... I think he'd be reelected. What do you
Kara Swisher · 52:12
Yeah. I think people forgive and forget. Just like I said with Newsom, forget. Those are kind of things. And now on the other hand, Cuomo, thought would get over it. This new report, the New York Times says about how much they tried to kill old people. Just not
Scott Galloway · 52:23
good. Oh, yeah.
Kara Swisher · 52:24
This is bad. This is like, if he wins again, it's like gross
Scott Galloway · 52:27
because It's just so funny. Look at what's happened in terms of public perception of the governors of New York and Florida. Yep. Yep. It's just incredible I how much they
Kara Swisher · 52:36
think Ant DeSantis is overplaying his hand though. That's my feeling. Talking about Florida everything, he's he's overstating it much too early. Much too early.
Scott Galloway · 52:45
Yeah. I think you're a little biased there.
Kara Swisher · 52:47
No. I think he is. I think he's over bragging himself, trying to like knock out Nikki Haley, etcetera. I think he's got a problem if he does that. They... That's the problem with some people. They overstate their qualities much too early. Anyway, Scott, I gotta go. Okay. Another jam packed weekend I have, and I'm gonna be down there, of course. I'll be down. Well, I'm really excited to come down there. What will you do, actually, without the swishers this weekend? Are you are you gonna be okay?
— Predictions segment ends —
Scott Galloway · 53:10
I'm going to Tulum this weekend with a bunch of my old buddies. Yeah. Alright.
Kara Swisher · 53:15
Can I come? Can I bring the swishers? How about Jeff?
Scott Galloway · 53:18
Oh, a 100% no. 100% no.
Kara Swisher · 53:20
I got... There's so many swishers. You haven't met David.
Scott Galloway · 53:23
Hold on. Lucky's coming with us and a strange 50 year old who claims she's dating a young man with good hair at NYU. 40.
Kara Swisher · 53:33
Literally made my day.
Scott Galloway · 53:34
That made
Kara Swisher · 53:35
my day. I glad
Scott Galloway · 53:36
am
Kara Swisher · 53:36
to
Scott Galloway · 53:36
amuse you. Encouraging that relationship. I am
Kara Swisher · 53:39
so We're bringing on Luis Wisshaus. We're bringing him on. We're... He's a very funny. He's a wonderful boy. I love that guy. Do you know what he asked me this week? He wants to get a tattoo and other things.
Scott Galloway · 53:49
Date your friends? No. Go ahead.
Kara Swisher · 53:51
Listen. He has a tattoo of San Francisco. I have tattoos. He wanted to get one since he was a kid, and he has one when he turned 18. I said it was okay. He said, I wanna get another tattoo, and he came up with this new tattoo parlor. And I said, oh, that's cool. And he goes, will you come with me? And I said, sure. Like, okay. But then he's like, no. I want you to get a tattoo with me at the same time. Interesting.
Scott Galloway · 54:11
I've told my kids I'll buy them a car if they have just three rules. Okay. No motorcycles, no military. I think military service is a wonderful thing. I wouldn't be able to sleep at night. Yeah. And no tattoos.
Kara Swisher · 54:22
Oh, well, we're at the complete opposite. No motorcycles we agree on. Nonetheless, Louie and I are gonna go get tattoos this summer.
Scott Galloway · 54:30
Yeah. Great. I love that. Great. That sounds that sounds like the worst reality TV show ever invented.
Kara Swisher · 54:35
I just hate that my kids just just love hanging with their mama.
Scott Galloway · 54:38
They do love hanging with mama.
Kara Swisher · 54:40
Anyway. They do love hanging. Yeah. Anyway. And then we'll take Clara for a tattoo, obviously, at some point.
Scott Galloway · 54:44
No. Don't even say that. No, that is the most perfect physical being in the world. And by the way, stop her from growing up. Literally just keep so that where it is.
Kara Swisher · 54:55
Funny. She's so funny. Morning she wakes up and every day is a new adventure. That's really pretty much Clara's life. Anyway, I've gotta go. Don't forget if you have a story in the news and you wanna hear our opinion or, submit your questions to nymag.com/pivot. And just be clear, Scott is not gay, not that there's anything wrong with that.
Scott Galloway · 55:13
Today's show was produced by Rebecca Sinanis. Ernie Intertodd engineered this episode. Thanks also to Hannah Rosen and Drew Burrows. Make sure you subscribe to the show on Apple Podcasts. Or if you're an Android user, check us out on Spotify or wherever you listen to podcasts. If you like this show, please recommend it to a friend. Thanks for listening to Pivot from Vox Media. We'll be back next week for another breakdown of all things tech in business. Are you 60 and looking to date someone who can cook, and is it NYU? Hello? Hello.
[Ad break]