Scott Galloway · 29:59
Every once in while. So... But when when we were talking, remember when I was doing my win last week on Lost in Space? Yeah. And you talked about, I forget it, the professor who was sort of the evil guy of the show. Mhmm. You immediately said, oh, you mean the gay guy. And you had brought up a few weeks ago this movie I haven't seen called The Celluloid Closet talking about how media
Kara Swisher · 30:18
Did you watch it?
Scott Galloway · 30:19
I haven't seen it. I want to. Of course not. I will see it. Just don't send it to me with a stuffed animal. Anyway, so
Kara Swisher · 30:25
coming.
Scott Galloway · 30:26
You had basically said, I was aware of this, but not to the extent that you kind of highlighted it, that as young people, young straight people, we were basically trained to think that there was something wrong with the gay community. And then I looked back to that show, and that guy was clearly, I mean, put us put an ask on him, he was Charles Nelson Reilly. He was clearly gay, right? When I was watching He it at the age
Kara Swisher · 30:49
gay. Nine wasn't gay. It's that it's these qualities of it was also It was so subversive, but it wasn't. It was apparent and subversive at the same time where gay people always end up sort of either evil or silly Right. Or
Scott Galloway · 31:02
dead. A 100%. The stereotypical effects of a gay man are associated with someone who's devious, can't be trusted, is bottom line evil. And I was thinking, was watching that shit at the age of eight, nine, and 10, along with my favorite show where a beautiful woman was asked to go to her bottle and then would occasionally come out of the bottle and say, Yes, Master. That's what I grew up on. And I didn't you kind of you brought to light for me just how insidious that kind of stuff is. And the second the second thing you brought up, when we're looking at problems, have a tendency, I think the analogy I would use, we're in a room with a flashlight trying to find answers. And I've been thinking a lot about AB5. And you sort of turned on the lights when you said, I think it was last week or a couple of weeks, you said, this is all about health care. And that is if we were to figure out a way to get people access to health care that didn't bankrupt them or keep them healthy, we wouldn't be talking about the need for different classification of workers. And that was sort of an unlock for me. Anyways, Kara, you've turned on a life in a couple of rooms for me.
Kara Swisher · 32:03
Your Awokarati is some dumb writer wrote. Awokarati. Awokarati. Alright. I need your wins and fails. That was my that was my fail. And and the win is Harvey Weinstein going into trial.
Scott Galloway · 32:15
Was me. With the walker? He's he's obviously
Kara Swisher · 32:17
to shove that guy into prison as far as
Scott Galloway · 32:19
I can tell I
Kara Swisher · 32:19
can't wait.
Scott Galloway · 32:20
You ready for the big house for Harvey?
Kara Swisher · 32:22
We'll see if he get... If he wheedles out of it, you know. But I'm I'm... The women who have done this are so brave. And so, you know, there's such a... Even with this ridiculous backlash about it, there's been recently some writers there's a book I'm reading that I've that is irritating me to no end about this idea of things going too far. And I just think it's great that this has happened. Sorry. I'm just That's your win. About it. That's my win. What's your win and fail?
Scott Galloway · 32:51
My win is my favorite comedian is Michelle Wolf, and she has a new show on Netflix called Joke Show. You love her. And I think she's a genius. I think a lot about how do you disarticulate what genius is? Is it practice, commitment? Malcolm Gladwell did an interesting book on genius. And I think also a key component of genius is being literally unafraid. Like you just never look in the mirror and worry about what you look like. And what I mean by that is Lenny Bruce said very offensive things. I think Richard Pryor was massively offensive at the time. And it was just these people were just unafraid. And I think Michelle Wolf talks about, in a very vulgar way, and I'm a vulgar person, so I relate to her, some of these issues that people don't wanna talk about out loud. And I think she's hilarious. I think her comedic timing. I think she's an incredibly impressive, not only an impressive comedian, but I do think she qualifies as a genius because she's just unafraid. So it's on Netflix. It's called Joke Show. I think it's fantastic. And another quick shout out to another strong, courageous, fury woman. Stephanie Ruhl just got promoted at She's gonna be on the Today Show, which is the, you know, kind of the Hall of Lame every morning, but it is the Super Bowl of broadcast supported TV, and she's gonna be doing more business reporting for NBC Nightly News. Met Stephanie twelve or fourteen years ago, and of course I'm turning this back to me, I got called, they accidentally called the marketing department at NYU and said, We need someone to come on and talk about Facebook. And I went on with Pym Fox, who I love, and Deirdre Bolton, who I adore. And then I started going on with Stephanie Ruhl and Eric Schatzker, who's he's like this super handsome, nice Canadian guy who fishes. I'm coming back as him in my next life. But anyways, Stephanie took me with her to MSNBC and I do a bunch of stuff with her. And I just love the way talking about courage and fearlessness and not watching yourself. I think Stephanie is part of a dying group of people, what I call raging moderates. And she's unafraid and takes a lot of risks, and it's just nice to see her career maintain that kind of trajectory.
Kara Swisher · 34:51
We will have her along with you at the Code Conference.
Scott Galloway · 34:53
There you
Kara Swisher · 34:54
go. We're both I'm a big gonna be there together.
Scott Galloway · 34:55
Congratulations to Stephanie. We're gonna watch Joke Show with Michelle Wolf.
Kara Swisher · 34:59
Alright. Fail, please.
Scott Galloway · 35:01
So, look, my continued fail, I've been thinking a lot about this, is this concerted decision we've made. I did a post last week on my blog, Numerously No Malice or profgalloy.com, called The Unremarkables. I think about back when I was in graduate school, the tuition was $1,400 and I got a job at $90,000 yielding kind of, if you will, a quick ratio or ROI of MBA of 60 and now kids are getting out of the high school making somewhere between 125 and 145 which is an amazing living, but their tuition is 62,000 creating an And ROI of if you look at what's happened very kind of loosely or crudely across the decisions we've decided to make or the voters or the people in power, again, baby boomers across the central banks, is we've decided in a global coordinated effort to massively reflate the economy at the expense of future generations with massive debt. And what you have right now is more debt. If you took away the amount of debt we're making exceeds the positive kind of GDP growth. So without this artificially inflated economy of debt, we'd probably already be in recession because we've decided that we need to massively inflate current assets, which benefits who? Old people. Meanwhile, we've let wage growth stagnate and we let tuition increase. So we basically said, as a public policy across Western nations, you know what, young people? Fuck you. I have mine and I want to hold on to it. So the continued feudalism, the continued sharecropping of our leadership, we have decided to totally disinvest from future generations in the form of massive, massive increases in the cost of education despite the fact that wages are the same. Another ratio when I got out of business school, a house in San Francisco was $285,000 I got a job for like $90,000 although I decided to start my own company profit. So you had a three to one ratio. Again, now it's let's assume $140,000 The average price of a home in San Francisco is 10x. So everything that kind of gets in the way of young people starting families, starting businesses, essentially is essentially, like, we have we have literally declared war. It's like Andrew Yang's book, The War on Normal People. Yep. We have a decision around, in terms of how we create monetary and fiscal policy around what generations do the best and the worst. The reality is you can be very ageous, and we have decided literally to, again, to just continue to transfer more wealth from our young people. That's my rant. That's my fail, the feudalism of the I current think
Kara Swisher · 37:30
you're right. I think I think about the... Although I give everything to my children, I think you do too. Whenever they eat even a sandwich, they eat all my sandwiches, everything else. But yes, I agree with you. I agree with you on this completely. You know, what really struck me this... I did a a podcast with my whole family this week, which was sort of a fascinating little insight
Scott Galloway · 37:48
into On Recode how Decode?
Kara Swisher · 37:50
Yes. On Recode Decode. It was the whole Swisher family. And one of the... Besides Lucky going on and on about, you know, you got a vision into someone who Trump has manipulated, and so has Fox News. My son talking about worrying... But he's about to turn 18 years old worrying about being drafted. It was... I... We came out of nowhere. It was really like
Scott Galloway · 38:08
worried about being drafted?
— Predictions segment begins —
Kara Swisher · 38:09
For... Yeah. Because of the Iran thing. He was like, well, maybe I'll be drafted. And I was like, woah. Woah. I hadn't... You know, the fact that this weighs on him for this ridiculous... Whatever happened last week between Trump and Iran, this whole, you know, this ridiculous playing games was something that's so serious was quite brought into stark relief for me when he mentioned that, I have to say. Alright. Scott, you didn't do predictions on Tuesdays so that you could dazzle us with your brilliance on Friday. No pressure. What's your prediction?
Scott Galloway · 38:38
Yeah. I do have a prediction. So I think what you're going to see is there are massive inbound attacks, cyber attacks on The US and attempts to hack different databases or different kind of digital reservoirs, if you were, digital caches in The US. And I think you're about to see just an explosion in cyber attacks and hacks. Because if I were the GRU or the Mossad or I were the intelligence arm the North Korean government, I'd be thinking, okay, it's not open season, but almost any cyber attack of any real danger or credibility, let's leave some breadcrumbs behind, let's execute the attack through a VPN that runs through Iran and national security agency, domestic security agency is going to immediately default to, well, it must be Iran attacking us, which has the double negative of I think it's going to embolden a lot of other foreign governments to step up and become more brazen in their attacks on The US. So that's the first thing that's gonna happen. The result is there's gonna be a couple attacks that will work, that will get a lot of press, and you're gonna see the stocks take a basket of Zscaler, Palo Alto Networks, and Cloudflare, none of which I have a position in. They're gonna be up 20 to 30% this year as these cyber attacks committed by governments and bad actors that are emboldened by our shit for brains catastrophic geopolitical decision called the White House. And you're gonna see the stocks of cybersecurity companies go up 20 to 30% in the next six
Kara Swisher · 40:12
to nine a good one, Scott. That's good. It has money, and it has bigger world implications on it. That's a really substantive one.
Scott Galloway · 40:19
You're always so supportive around my predictions, and I thank you. Thank you.
— Predictions segment ends —
Kara Swisher · 40:23
I have one. I have one. I want you to think about it. We're gonna talk about it on Twitter in play. Twitter in play.
Scott Galloway · 40:29
Say a memoir. And by the way, full disclosure, I'm a shareholder.
Kara Swisher · 40:33
I hear things. I just hear
Scott Galloway · 40:34
things. Really? Yeah. Are you starting something?
Kara Swisher · 40:37
Know, you talked about it being the lower the lower than... I don't know. I just feel like a lot of investors are looking at it, looking at it hard.
Scott Galloway · 40:45
So I I can I can validate I can confirm your thesis here, Kara?
Kara Swisher · 40:50
Okay. All right.
Scott Galloway · 40:51
Yeah. And so say more because I feel funny talking about this, but I want you
Kara Swisher · 40:55
to All talk about no. I'm just saying, hard. People are looking at that company hard, especially given how the stock is not performing and the big value around it that people feel that they have, you know, in terms of being the news
Scott Galloway · 41:06
Well, I'm just gonna take the ball and and run with it a little bit here. If you were to talk about any other media company that has anything regarding the reach and influence of Twitter, it trades at 20 to 40 times the valuation.
Kara Swisher · 41:19
Right. Well, just a lot of noise.
Scott Galloway · 41:21
You and I love Twitter, don't we?
Kara Swisher · 41:23
I know. Well, the way, do think? I'm hearing a lot of investor noise suddenly.
Scott Galloway · 41:26
Yeah. No, I think I think I think you're right, as evidenced by I'm voting with my my wallet here. But what do you think of this idea of them banning or making it such that you can't reply unless you're fall... Or that person is following you?
Kara Swisher · 41:41
I like it.
Scott Galloway · 41:42
Yeah, I like it too.
Kara Swisher · 41:43
I like it. It cleans up them. I like they're doing... They still should be doing so many more things. They have not worked on that product at all for a long time. And I do think that they they should be doing more and be more creative. Yeah. I think the... I'm writing about innovation and where it comes from this week, and I find them to be like... They could do so much more on
Scott Galloway · 42:00
the platform. And,
Kara Swisher · 42:03
you know, like Snapchat has evolved. Everybody's evolved their things.
Scott Galloway · 42:06
Even Facebook as very 2016.
Kara Swisher · 42:10
Yes. They need to do something about it. Yes. Anyway, that's my prediction. And we'll see what happens because I've had been some good... I've had some good luck on the predictions. I'm getting good because of adjacency to you. Anyway, it makes... I'm just thinking harder.
Scott Galloway · 42:22
Adjacency to me. That's the sexiest thing you've said to the dog.
Kara Swisher · 42:26
That's as close as I'm getting
Scott Galloway · 42:28
to That's the right. Adjacent on up to the dog. That's right. He's just come from the groomer. That's
Kara Swisher · 42:35
right. Need to be groomed.
Scott Galloway · 42:36
That's right. I get it. I get it. I'm glad you're finally in touch with your emotions. A little hot for daddy.
Kara Swisher · 42:55
Anyway, we'll be back together in New York on Monday. Are you gonna be here physically in person
Scott Galloway · 42:59
speaking I'm to coming I'm coming back to New York. We're we're doing it together? We're we're
Kara Swisher · 43:03
We're doing it. I'm in New York. Yes. I'm in New York because I have to, you know, I have to talk to Paul Ryan next week, which I'm just
Scott Galloway · 43:08
trying You're talking to have to Paul Ryan?
Kara Swisher · 43:10
Even. Wisconsin guy? Well, I just don't. It'll have happened when I see you maybe. So, yes.
Scott Galloway · 43:15
For Ricoh d Ricoh?
Kara Swisher · 43:17
No. It's some event, the NRF event, and we're gonna be on stage together. I don't know how I'm going whistle
Scott Galloway · 43:22
Oh, that stream means that means mommy's making some cabbage. You've No, totally been paid for
Kara Swisher · 43:26
I'm not. I didn't get paid for it. I'm doing it for whatever reason. Don't even ask me. But I'm just going to I just am not going to be able to hold back. If this guy makes one sideways glance at me in a way that, like, hey. I had nothing to do with it. I'm really gonna pounce. It's gonna have to... I'm sorry, Paul Ryan. I'm warning you in advance.
Scott Galloway · 43:41
Very likable. Anyway That Paul Ryan is very likable.
Kara Swisher · 43:44
Oh, no. No. You don't think it's likable?
Scott Galloway · 43:45
I think it's very likable.
Kara Swisher · 43:47
No. And, anyway, I'm also interviewing Ben Silberman. I've got a lot going on next week, but I will Yes. Be here Yes. Yes.
Scott Galloway · 43:54
Yeah. Ben's nice. Ben's a nice guy.
Kara Swisher · 43:56
He's really nice. Anyway, we're gonna be together in the same ZIP code. I'm very excited, so I'm excited to see you.
Scott Galloway · 44:02
Thank you. Likewise. Sort
Kara Swisher · 44:03
of. Would love you to read your line that you're supposed to read, but I shall read it for you. As always, if you have questions about a story you're hearing in the news, for us to answer next week, questionspivotvoxmedia dot com. Please send us anything you you want to talk about, and we will be happy to respond if it's a really good one.
Scott Galloway · 44:20
Good. And today's show was produced by Rebecca Sinanis. Erica Anderson is Pivot's executive producer. Thanks also to Rebecca Castro and Drew Burrows. Make sure you've subscribed to the show on Apple Podcasts, or if you're an Android user, check us out on Spotify or, frankly, wherever you listen to podcasts. If you like the show, please recommend it to a friend. Did I just repeat you, Kara?
Kara Swisher · 44:41
No. You didn't.
Scott Galloway · 44:42
Okay. Good. No. Finally, need that right.
Kara Swisher · 44:44
You got it right, except you missed. Thanks for listening to Pivot from Vox Media. We'll be back next week for another breakdown of all things tech and business.
Scott Galloway · 44:52
Word, my sister. Word.
