Pivot · May 29, 2026

Pope Leo’s AI Warning, UFC at the White House, and CBS Shakeups

Automatic transcript of the end of the episode, from 48:02. Speakers are labeled by software and may contain errors. Highlighted passages are Scott’s predictions.

Scott Galloway · 48:02 Not available. And by the way, define free. I actually think I'm Kara Swisher · 48:07 just saying. Scott Galloway · 48:08 In terms of in terms of economic costs, I would say it's free. In terms of noneconomic costs, I would argue you're you're pretty expensive. Kara Swisher · 48:14 K. Anyway, we have to move on. Scott Galloway · 48:15 As Sitting Bull said, what is free, white man? Kara Swisher · 48:17 Oh, we have to sit. Scott Galloway · 48:18 Anyways... But what's interesting of what I found out about Cloudmax, the $200 a month thing that I'm about to upgrade to, is that it costs them... For for you to use Cloudmax, it costs Anthropic $5,000 a month to deliver that product to you. Kara Swisher · 48:36 Amazing. Scott Galloway · 48:37 Yeah. Just the the cost on infrastructure and power. Kara Swisher · 48:40 Once we sell more, we'll... Volume. We'll make it up in volume. Right? Is that the Scott Galloway · 48:44 Well, no. The the... What they're hoping is the the laws... One of the first economic concepts you learn Kara Swisher · 48:50 Comes down. Scott Galloway · 48:51 Is that... And it's called... It's not Jehovah's paradox. I forgot this guy wrote a brilliant paper on it, but I just thought he just summarized the term elasticity. But the economic term elasticity is that as the price of something goes down, the demand for it goes up. And everybody thought, well, computing power goes down and becomes so cheap, chips will go out of business because you won't need as many from Intel. And what happens is the cost of something goes down, more and more people use it. And there's a viable argument, and I've sort of been making this argument about what I call apocalypse no, and that is all the catastrophizing around labor destruction is total bullshit, that as the costs of AI go way down, we're gonna find more uses for it, and we're actually gonna end up hiring more programmers or vibe coders. Kara Swisher · 49:29 Could be. I do think the costs are gonna actually go down eventually, but just not today. Alright, Scott. Let's go on a quick break. When we come back, we'll talk about Elon possibly combining SpaceX and Tesla just as Karis Fisher predicted. [Ad break] Kara Swisher · 51:35 Scott, we're back with more news as SpaceX prepares to go public. Rumors are again circulating that Elon Musk will eventually combine the company with Tesla. Obviously. God. I mean, we're not speaking, but I know how this guy thinks. Musk has reportedly discussed the possibility with colleagues. The two companies already share engineers and collaborate. There's all kinds of cross stuff that... A lot of sketchy cross stuff, if you recall at the time when he took over Twitter, and collaborate on power and compute issues. Also, by the way, SpaceX got a $2,290,000,000 contract to build a satellite communications network to connect military sensors and weapons platforms around the world. They have to, deliver an operational prototype by the end of twenty twenty seven. So he's doing well. He's doing well with his... The help of Trump, etcetera, the ben... It's a mutual benefit society for them. But this, this... Putting Tesla in here, it just makes complete sense is that he's... Someone said it was like two... It was mortgage backed securities, a bunch of companies that can't pay wrapped around Elon Musk and a company that's okay, which is Starlink. So it's like a sort of a collection. And so he's shoving this stuff altogether. The... It makes sense on a data point of view. It makes sense to hide a bunch of stuff. He already had these weird, very questionable transactions, like buying Cybertrucks for for SpaceX, which makes no sense except if you wanna look good. So why not just mash the whole fucking thing together and then make everybody buy it who is in an index fund, which is another thing. So any of these comments, the contract, the merger, the the Nasdaq situation? Scott Galloway · 53:11 Well, you did predict it, but my analogy is the following. Snow White is hot, and the prospect of getting to marry Snow White is super exciting. Snow White is SpaceX. But unfortunately, to buy SpaceX, you gotta take on these seven fucking weirdos who are expensive and neurotic. And, I mean, x AI, which has been attached onto SpaceX, an incredible company, is a money furnace that's playing catch up. It's trying Kara Swisher · 53:34 be the infrastructure provider now. So is so is Meta, by the way. But go ahead. Scott Galloway · 53:38 And SpaceX... I'm sorry. And Tesla... I still think Tesla's a great product. I got them on the other day. I do I do think they have a fantastic car, but it's a struggling business with a multiple of 192 times forward earnings. And Apple trades at 33 times forward earnings. And then if you look at Tesla's just business in the... In in Europe, they've... Sales have fallen for thirteen consecutive months. Its its market share in Europe has gone from 1% to point 8%, while the EV market has expanded about 30% in 2025. In Norway, sales were down 90%. Netherlands down 80%. UK down 50%. Meanwhile, BYD registrations two are 60% in Europe. And the reason why it's valuation Kara Swisher · 54:26 note, didn't say it was a bad car. I said he didn't innovate in it. There was another new cars, and BYD keeps innovating. Every time you see a new one, you're like, cool. Tesla's the same... Pretty much the same car for the past, and then they deliver Cybertruck as their innovation. So that's my beef. Scott Galloway · 54:42 Stocks are like brands, and that is their part promise and part performance. And the promise... No one articulates and gets more cheap capital on the promise part of that equation than Elon Musk. He's arguably the best salesperson and communicator in the history of the public markets. And the promise, though, the performance is is, like, so far behind the promise. For example, these things have not... The promise has not worked out. So robo taxi miles, they doubled sequentially in q one, but it's... He was saying that there would be a thousand robo taxis on the road about five years ago. Across all three Texas cities where robo taxis operate, Tesla has just 25 unsupervised vehicles. Mean, none, right? Meanwhile, their SF robo taxi service still uses a safety monitor in the front seat. And there are five more cities on the way, but Musk's timelines famously cannot be trusted. And then and then he tries to create all of these distractions. Look over here at robots. I'm staying I'm staying in Beverly Hills in Los Angeles. If I go to my my deck, I can see a Waymo. They're everywhere in LA, Kara. Kara Swisher · 55:50 There's actually fewer of the Tesla taxis, robotaxis in in Austin. They've cut them back. Scott Galloway · 55:56 And then the worst car release or, you know, the worst tech product the last year was the Cybertruck, which by the way is about to be bested by one of the great brands in history. You're about to see one of the biggest brand failures in history, and that is the equivalent. Tech has literally, like, infected so many things, and it's infected one of the purest brands in the world. It's infected Ferrari. The new electric Ferrari is about to be just panned. Kara Swisher · 56:19 It was. Yeah. Yeah. It's getting panned right now. Scott Galloway · 56:22 Oh, it's gonna be Kara Swisher · 56:23 It's getting Johnny Ive. The Johnny Ive demise. Scott Galloway · 56:25 It's gonna be one of the brand stories of the year. Kara Swisher · 56:27 Looks like a Honda. Scott Galloway · 56:28 Right? It's it's it's basically they said Apple gave up on their project Titan, and they slapped a they slapped a stallion on it. You're gonna see... Oh my god. You're gonna see the Ferrari Pierce. You're gonna see so many 80 year old old men going onto TikTok for the first time in their lives to shitpost this thing. And SpaceX, get this, SpaceX accounted for nearly 20% of Cybertruck sales in q four twenty twenty five because he bought back a bunch of Cybertrucks. So I think it's smart for him to do. It's more jazz hands. It's more pretending, attaching something to something amazing to try and I mean, he's very good at this, and you predicted it. But to take... Put Elon on top of something that's very exciting around rockets, data centers, and Kara Swisher · 57:09 space Rockets. Scott Galloway · 57:11 Yeah. And he is a visionary. We need to be an interplanetary species. Kara Swisher · 57:15 And now you have to buy it with Nasdaq. Explain to people very briefly what that is so so people understand. The index fund issue is that it's... They've they've lowered the amount of time before big IPOs go into the index, and now people are gonna be forced to buy his company. Also, OpenAI, also, Scott Galloway · 57:33 and Dropbox, etcetera. So, basically, the rule was before you joined the S and P, you had to be profitable for a certain amount of quarters, and you had to be in the index for at least a year. They've waived those rules because they realized, and it makes sense, they're big important companies. What that means is if you invest in an ETF or an index, you automatically own these companies at those prices. And at these prices, at these valuations, I would argue... I mean, to a certain extent, the IPO markets might be over, and that is... The way I see it is the the reason we went public... The reason Google went public was you couldn't raise 3 or $5,000,000,000 from venture capitals and private institutions in 1997. Now there's almost as much capital, if not more, in the private market. So logically, you have to ask yourself, why does a company decide to go public? And one reason, it's a branding event. Two, it creates more liquid currency potentially, but these companies have very liquid currency on the secondary markets. They do it because I I think largely speaking, and I don't wanna say this out loud, once the private investors go, look, this thing's getting pretty frothy. Most of the juice has been squeezed out of it. Well, who is stupid enough to take the valuation even further up? Well, okay. The last stop on the train right now is the public markets. So typically, a company like OpenAI would have gone public when it was worth 30 or 50,000,000,000, but the existing investors of OpenAI and Anthropics say, oh, no. No. No. No. They're still juicier. Let's keep this to ourselves, and we'll find you capital. And then when they start going, wow, this valuation is rich for even us. Let's go see if mom and pop retail investor and people on Robinhood and people on Reddit who love Elon, and people around the world who wanna participate in the economy are actually willing to invest. I... My prediction is these three companies, especially AI, are gonna go through a pretty serious repricing, not a collapse like a 2000 collapse, but a repricing. And then when you combine that with the fact that you now have access to private companies with different secondary markets, potentially the tokenization of small companies, it's just going to make the IPO less and less relevant because of the reporting standards. And this is the indices trying to say, we wanna make it more attractive for companies to go public and also reflect. The S and P should reflect. Kara Swisher · 59:42 I get it. It's just that people shouldn't have this... An unprofitable kind of company with with... Or held up by one guy shoved down their throat without... It's like getting the u two album. Yeah. But you don't wanna Scott Galloway · 59:54 Is is P and G shoved down their throat? It's the same thing. Kara Swisher · 59:56 It is, but it's a profitable company. It's been a business like, let's just give it [Ad break] Scott Galloway · 1:00:00 Returns have been at companies that are growing faster and not profitable. Kara Swisher · 1:00:03 Yes. It is. And at the same time, let them buy it themselves then. I mean, it just seems like a risky thing to stick in there this quickly. That's all. I just... I'm like, it's gonna benefit the people. It's gonna benefit Elon Musk, but maybe not the pension funds of nurses. Like, I don't know. And I just don't think that risk is necessary. In Scott Galloway · 1:00:21 a weird way, there's so many dynamics at play here. Kara Swisher · 1:00:23 My index fund. I don't wanna own SpaceX. I don't want. Not right now. Scott Galloway · 1:00:27 If you look if you look at the valuation of these companies going public, it's gonna be combined $4,000,000,000,000. So from 1980 to 2020, the amount of money being raised just across these three companies Kara Swisher · 1:00:37 Yeah. Excuse me. Scott Galloway · 1:00:38 Is just staggering. And what it probably will do in the short run is it'll probably take the S and P down because so much money is gonna come from every corner of the earth to to participate in these things. To raise a $150,000,000, the rest of the market feels that. If you wanna talk about... I mean, what happens... I'm fascinated by this because what happens... When these three companies go public, 11,000 people in the Bay Area Bay Area are overnight. Imagine everyone who goes... Walks into Madison Square Garden. Place is sold out. Everyone who walked in was a 31 year old product manager making 180,000 or $240,000 a year. Good living, but some student debt, can't afford a house. And they walk out on the worst 7 to $11,000,000. What happens? They have more kids. They buy a new house as evidenced by skyrocketing prices. Upside here, you're gonna see a lot of funds started. There's also tremendous new business development. The other thing you're gonna see, which is a good thing, you are about to see the mother of all increases in philanthropic giving in the Bay Area. Kara Swisher · 1:01:42 One would hope. Scott Galloway · 1:01:44 Well, I do... People do. These people do start foundations. Kara Swisher · 1:01:47 And Let me just say, if you look at the actual statistics, it's MacKenzie Scott, and then a... Which is an enormous graph, like a big long bar, and then all the others, including Elon Musk down here. I'm I'm not talking I'm not Scott Galloway · 1:02:01 talking about the big ones. I'm talking about a lot of people... Americans are very generous philanthropic people. And when all of people. Kara Swisher · 1:02:09 Sorry. Scott Galloway · 1:02:10 I'm I'm not talking... There's there's two things here. When you do when you do have this kind of liquidity event, you do see a bump up in philanthropy. Sure. Philanthropy is almost entirely correlated now, unfortunately, to big IPOs in the stock market. And and a lot of people get stock to universities, tax Kara Swisher · 1:02:29 advantaged universities. Scott Galloway · 1:02:30 That's what I've done. Every time I invest in a private company, I give a certain amount of it away to one of my... You know, to either public education or or teen suicide prevention. Kara Swisher · 1:02:37 Okay. Anyway, we gotta move on, but we'll see where it goes. But it's a really it's a really interesting time, and and I think Scott's right. It's gonna... There's gonna be a decline in some... In a lot of these. Anyway, but it's a really interesting time given all three of these are going at once. Alright, Scott. One more quick break. We'll be back for predictions. [Ad break] — Predictions segment begins — Kara Swisher · 1:04:56 Okay, Scott. I'm gonna start just very quickly. I wanna call out, something that happened. Two two things. Quickly, CBS News just named tech journalist Nick Bilton as the new executive producer of sixty Minutes. Bilton is a longtime tech journalist and filmmaker who's never worked in traditional broadcast news. I know Nick. Interesting. It'll be interesting to see what he's gonna do there. This comes on the heels of sixty Minutes correspondent Sharon Alfonso announcing that CBS declined to renew her contract. She's an excellent reporter. She did great stuff on Character AI. She's been a wonderful reporter. The move comes six months after Alfonso's report on abuse inside Salvadoran prisons was abruptly pulled, before airing a month later. The time Alfonso called the decision political, and it certainly was in a statement. She said she did a really, like, she just burnt the house down leaving. Alfonso said the exit is, quote, a deliberate choice to penalize a journalist for refusing to sanitize factually accurate reporting. She had... Sends a chilling message across the entire newsroom. By the way, Sharon's not the only one. Anderson Cooper stepping out the way he is not usually, leaving a few weeks ago saying, I hope sixty minutes remain sixty minutes. He also was sending sort of a shot across the bow there. I just wanna call these two excellent journalists of sixty minutes. And Sharon's a badass. I I don't... I know I know her just met her on text, actually, but... And Anderson, I think, has done an amazing job. So these are two really, really great journalists, and I I predict that they will do just fine. But good for them for for speaking out, and especially good. There was a student who won an award at the Emmys last night of what what was named a scholarship for Mike Wallace, and he delivered a blistering attack on supporting these these two journalists and supporting others like them. And I thought that person was incredibly... It's very hard to speak out. And Anderson and Sharon and this young student did so, and I I really... You'll do... You guys will do just fine. Anderson, particularly, but in general, good for you for standing up. That's all I have to say. Scott Galloway · 1:07:01 I think it's a really interesting... It'll be a really interesting case study in organizational behavior and management classes in business school, and that is corporations continue to fall for the notion that if they bring in a small company they perceive as really innovative, that that small virus is gonna infect the entire corpus. And generally, almost always what you find is that the corpus rejects the virus. It's like acquisitions work when the acquiring company has the scale and distribution or capital to help scale the small innovative company, but to believe that the innovation is going to infect the larger corporation or corpus almost never works out. Kara Swisher · 1:07:37 That's an interesting story. Scott Galloway · 1:07:38 So let's give the free press the benefit of the doubt. Innovative little company, subscription based, interesting positioning, and the Ellison's thought, that's the kind of mojo and juice and infection we need at this larger, somewhat encephalitic corpus called CBS or Paramount. There's been Oregon rejection. Also, what CEOs of smaller companies fail to recognize is the following, and it's the reason why I've never been able to grow a big company to small companies. And that is a small company is ready for our aim. The person at the top really does get to make swift, crisp decisions. I am the decider. This is the way we're going. Our... One of our key things here is speed, which means this is not a democracy. There's very few things that are less democratic than a small company trying to work fast or go fast because it's kinda like, what do we think? Okay. Get on it. Ready, fire, aim. Let's start yesterday. In a large organization that's scaling, it's more about consensus and and getting people on board and culture, and you're you're a speedboat ramming a tanker. And what you fail to realize is the CEO of a company like this, and what I think Barry has failed to realize, is you're Phil Jackson, the coach of the bulls. And that is your job... You're blessed with some unbelievable assets. Your job is not to coach Michael Jordan. It's to get along with him and be a resource for him. You're not in charge. They are. They're the assets. When you're Michele Arteta and you're coaching Bukaya Saka at Arsenal, which, by the way, just won the Premier League. This is very exciting. When you come into an organization like CBS and you do have kind of these stars that are iconic, your job is to get along with them. And so I think Kara Swisher · 1:09:23 Well, let me say, sixty Minutes have been enormously successful. It's not That's my point. I mean... No. But I'm just saying, like, pretending it's just because they're encephalitis and this sassy new startup is gonna change things. I think a lot of these errors are errors of incompetence, not of trying to change things, and these old people won't change. These are, like, top level journalists that were doing a great job and has had fifty two years of success. Like, you know, they're doing well. It's not like they're not doing well. So why Scott Galloway · 1:09:49 I don't I don't think we're speaking past each other. I'm agreeing with you. CBS is Michael Jordan. Barry Weiss is Phil Jackson. His job isn't to show up and reorganize and tell everyone how to dribble and play again. His job, quite frankly, is to get... The only management of CBS is the following. Hi. Nice to meet you. How can I help? That's it. How can I help? Yeah. And if the answer is go away and leave us alone, fine. If it's we could use more resources here, we have trouble here, or we don't think our advertisers are... How can I help? That's it. Kara Swisher · 1:10:24 I I love what you've... I am sorry. I misunderstood. Let me say one of the things that happened at the Washington Post too, blaming these reporters, like, when Will Lewis was, like, trashing the reporters is, like... It's such an easy thing to do for people who think they're innovative. It's like, you all suck. And some of some of the things need to change. But to say it's it's a problem of... It's a bigger secular problem that's the issue in terms of costs and everything else. And so just telling people, just breaking things is not building things. And that's... That is really hard to do when you're... I... That's why we... I never wanna be at a big company. I don't know about you, but I like us being a small speedboat. And if you make mistakes, you make mistakes. If you don't, you don't. That's how I feel, but I don't know about you. Scott Galloway · 1:11:07 Oh, yeah. And this is this is the reason why I've never built a billion dollar company. I sell companies, you know, when they... As soon as they have a CFO or someone in HR, I'm like, time to sell. Yeah. But Yeah. Having been on... Involved with a lot of big companies, it just shocked me. It just shocked me right away. The first thing I thought, well, we should do this, this, and this. And the CEOs were always, okay. They really had to think about what would be required to get buy in to to to potentially change the culture, to explain, be thoughtful, to create the right incentive mechanisms to ensure the behavior lined up. And, I mean, you really are... There... There's some amazing things about a tanker. Right? It can carry whatever it is, a 100,000,000 barrels or 10,000,000 barrels of a product. But you are... You know, you're steering a tanker, and it takes a lot of effort and a big engine room and a lot of people. It's... It is a different... There's so few people that can go from... A lot of people... I would say, where are you in the alphabet? Are you from a to d? I'm good at a to d. Kara Swisher · 1:12:04 Yeah. Me too. Scott Galloway · 1:12:04 Some people are good at coming in. My old CEO at l two, Ken Allard, was good at kinda d to d to h or I. And some people are... Can come into a company that's, you know, gone public. Dara Khosrowshahi is is amazing. Kara Swisher · 1:12:19 Good example. Scott Galloway · 1:12:20 M eight is, like, great from l to s. He came into a company that was already jamming, scaling, huge infrastructure, huge brand, and said, okay. Somebody needs to be adults here. Yeah. And, also, there's some people who come into companies that are distressed who take a company from, you know, whatever it is, t to z. They come in and cut costs and repackage something, take it through bankruptcy, and make a lot of money. Kara Swisher · 1:12:43 Scott, your next book is the alphabet of management. Scott Galloway · 1:12:45 The alphabet of business? Kara Swisher · 1:12:46 Yeah. Alright. Well, I wanna hear your prediction, though. Scott Galloway · 1:12:48 I'm all confused and jet lagged right now. So I thought we were doing wins and fails. So if it's okay, I'm gonna do wins and But my win is... And it just hasn't gotten enough attention, and it's just so exciting. And it's such a victory for the West, and I would argue it's actually in many ways, while Iran has overshadowed it and inflation, I I... People really don't understand that something incredibly wonderful is going on here. And that is three years ago, Russia was supposed to take Kyiv in a weekend. And today, Ukraine is striking Russian military infrastructure, oil refineries, ports, bomber bases, and semiconductor plants, hundreds, sometimes sometimes more than a thousand kilometers inside of Russia. Putin is on the run. Kara Swisher · 1:13:34 He is. He is. On. I told you when I told you that a couple weeks ago that all these people said Russia, he's in much more trouble than you realize, but go ahead. Scott Galloway · 1:13:41 Just recently, they've hit the Ryazan refinery, one of Russia's largest fuel plants, supplying the military, the Tuapsey refinery in the Black Sea. They're going after ships. They're going after the Black Sea fleet, oil infrastructure in Perm, 700 miles from the border. The Yazelovir refinery, 700 kilometers inside of Russia, and even the Ingalls imagine Kara Swisher · 1:14:07 in this country if that happened? Jesus. Scott Galloway · 1:14:09 If they started bombing oil fields in Texas Kara Swisher · 1:14:13 Buffalo. Like, who would have Scott Galloway · 1:14:14 or military ships in San Diego. Can you imagine? Kara Swisher · 1:14:19 No. No. No. Those Canadians Scott Galloway · 1:14:22 Or Norfolk, Virginia building our submarines. What if drones were hitting? I mean, this is just incredible, and it's a function of drones. It's a function of the Delta. It's also quite frankly, you know, we don't like to say this, Musk turning off Starlink in Russia has ceded huge advantage to the Ukrainian army. Kara Swisher · 1:14:40 That's always been a benefit. No question. Scott Galloway · 1:14:42 But it is just... I mean, if you think about this, what are they doing? They're producing thousands of long range drones per month in 2024. In '25, they're doing 3,000. Kara Swisher · 1:14:56 They're gonna be a huge technology country when this is all Scott Galloway · 1:14:59 Oh, yeah. They'll they'll attract so much capital assuming Kara Swisher · 1:15:02 Yeah. Assuming it gets us. If I was a young person, that's exactly... The the corruption is really quite impossible to deal with. But if I was a young person, I'd go there. But there there are significant corruption problems within that government. Scott Galloway · 1:15:13 But there's a wonderful message being sent to the world, and that is there's a brutal lesson for authoritarians. Corruption scales until it collides with reality and technology and in a motivated populace. Russia built the Potemkin Village version of a superpower, yachts, parades. Kara Swisher · 1:15:32 Always. Scott Galloway · 1:15:32 Hypersonic missiles, shirtless horse cosplay, and Ukrainians meanwhile part. You that part. The Ukrainians meanwhile built software drones and engineers. And just some numbers here to Kara Swisher · 1:15:45 just talk about Scott Galloway · 1:15:46 how incredible this is. You're you're rushing them this morning. What what Kara Swisher · 1:15:50 I'm not rushing you, Martin. And almost you're Scott Galloway · 1:15:52 hell or an hour. Fascinated with or you're about to go interview? Kara Swisher · 1:15:55 I'm not. I'm not going anywhere. I am gonna be in my front of my thing. Scott Galloway · 1:15:58 What is it? The ghost of Walter Mondale? Who's up next on on with Kara Swisher? Russia has three times the population, 10 times the economy, nuclear weapons, and one of the largest oil reserves in the world, and Ukraine is kicking its ass. Kara Swisher · 1:16:11 I know. I love it. Scott Galloway · 1:16:12 And Ukraine... What does Ukraine have? Ukraine has coaters and hoodies turning Home Depot into Lockheed Martin. I mean, these Kara Swisher · 1:16:21 guys Amazing. Scott Galloway · 1:16:23 So, look, increasingly, and this is a lesson for us, unfortunately, right now, the future belongs to the side that can innovate faster than the other side can walk. Kara Swisher · 1:16:29 With the boats and the drones and the Scott Galloway · 1:16:32 So that's my win, and it hasn't got enough attention. This is so exciting for the West, for Ukraine. Kara Swisher · 1:16:38 But can I make one caveat? If Putin feels cornered and scared, he might just be terrible. Scott Galloway · 1:16:44 Yeah. That's the fear. Kara Swisher · 1:16:45 You know? That that's... That to me is the biggest thing. Scott Galloway · 1:16:47 Unless you're gonna annihilate your enemy, you gotta give him a way out. That's what... That's Sun Tzu. Kara Swisher · 1:16:51 Yeah. But I don't think he think... He thinks that. I think he's terrified. Scott Galloway · 1:16:54 But this is a victory for for... Also for the EU, who has been steadfast in their support, unlike Americans. I just... I... It's it's just very exciting. Kara Swisher · 1:17:03 Trump will back him if they win. He'll go like, oh, I'm with the winners. Scott Galloway · 1:17:06 I'm with them. I was always behind you. Kara Swisher · 1:17:08 I was behind them. Alright. What's your fail? Scott Galloway · 1:17:10 My fail is I just... I think the best way... Timothy Snyder summarized it perfectly. I've been trying to figure out a way to describe what is effectively a $1,800,000,000 slush fund that Trump and his his spokesperson Blanche had been trying to pitch, and even Republicans are finally Blanching. And the best way to describe it is a terrorist immunization fund. Oh. And that is commit violence on my behalf, and I will not only legally protect you, I will pay you. In addition to the corruption, it sends a signal to weirdos out there who are cult members that if something gets in the way of Trump, whether it's people turning out to a poll booth, whether it's people showing up to inaugurate the other guy, which I'm claiming was not fairly elected, I want you to commit acts of violence. I want you to engage in terrorism. Kara Swisher · 1:18:01 You'll get off. Scott Galloway · 1:18:02 And you will not only get off You'll get paid. I'm going to pay you. So this is not a slush fund. This is not only corruption. It's a terrorist immunization fund. Kara Swisher · 1:18:13 I love that, Warren. Scott Galloway · 1:18:15 And that is the way... I can't take credit for it. It's Symphathy Snyder, who's one I'm just obsessed with. Mhmm. I've had on the pod a couple times. At the University of Toronto and talks a lot about democracy and autocracies. He's fantastic, and he's very brave. Kara Swisher · 1:18:26 He's the dude, Heather Cox Richardson. Scott Galloway · 1:18:29 But this is... That's right. But this is... Imagine if a nation in The Gulf found... Named your terrorist organization and said, you blow yourself up, you commit acts of violence, not only will I prosecute you, we've set aside money for you. Kara Swisher · 1:18:42 Right. Well, they kinda did that. Scott Galloway · 1:18:44 Well, the the PLO used to do that. Yeah. The PLO used to say any any suicide bomber, we're gonna give their family x amount of dollars. That's what this is. Yeah. I Anyways, I hope the Democrats adopt Kara Swisher · 1:18:57 that pass. I don't... I think the Republicans, Tillis, the others are all very much against it. There's a lot. Scott Galloway · 1:19:03 In all of these hearings, why do you support the terrorist immunization fund? Good. Should absolutely label it that. That's what that's what this is. Anyways, that's that's my fail. — Predictions segment ends — Kara Swisher · 1:19:13 Terrorist baking fund. It'd be immunization. Anyway, alright. That's great. Those are both great, and you're gonna have to have new ones for Monday, just so you know. We wanna hear from you. Send us your questions about business tech or whatever's on your mind. Go to nymag.com/pivot to submit a question for the show or call 85551 Before we go, I'm taping a live interview of On with Kara Swisher at the Rebecca Film Festival on Monday, June 8. It is Scott Galloway · 1:19:35 not Oh, someone's got their nose off Murdoch's ass. Kara Swisher · 1:19:38 No. I'm not. I was Scott Galloway · 1:19:39 our boss. Kara Swisher · 1:19:40 I was Hi. I was booked before the deal. Uh-huh. Months ago. Anyway, instead of Walter Mondale... You're not going to the special dinner with Robert De Niro, but I am. I'm talking to comedian, actor, and podcast pioneer Mark Maron, not Mondale. Scott Galloway · 1:19:55 The original gangster. Kara Swisher · 1:19:57 You. Thank you. Yeah. The originals. He's he's really quite a legend. And he has... There's a new doc about him, and he's also a great actor and funny comedian and everything else. He loves to try Scott Galloway · 1:20:06 to protect his of his? My favorite, and I use it all the time. He's like, you realize Democrats literally annoyed America into fascism. I love that. Kara Swisher · 1:20:16 He's great. He's really great. Tickets are available now at the rebeccafilm.com/audio. Scott... What Scott's referring to is the Murdochs. James Murdoch owns Rebecca. We will see you there. Okay. That's the show. Thanks for listening to pivot, and be sure... Pivotarian. Become a pivotarian. Be sure to like and subscribe to our YouTube channel. We'll be back next week. Scott Galloway · 1:20:36 Today's show was produced by Lara Niemann, Joey Marcus Taylor Griffin, and Todd Wiseman. Ernie and her Todd engineered this episode. Thanks also to Jabrebros, mister Barry, and to Anton Launde, Jacques Correus, Vox Media's executive producer of podcast. Make sure to follow Pivot on your favorite podcast platform. Thank you for listening to Pivot from New York Magazine and Vox Media. We'll be back next week for another breakdown of all things tech and business. Pivotarian. Pivotarian. Have sex have sex with the cult leader. That's okay. Kara Swisher · 1:21:01 No. Cut off No. Scott Galloway · 1:21:02 Cut off all contact with your parents. Give us all your money. Kara Swisher · 1:21:06 And No. Scott Galloway · 1:21:06 Yeah. No. I'm into it. Pivotarian. Kara Swisher · 1:21:08 Good luck in LA tonight, Scott. [Ad break]