Kara Swisher · 43:05
It was kind of like, why do you need to be... He wanted a little more power. Right? And this was a short trip to that for Zoom. For... He thought it was a short trip to it, but what a waste of his time. Go make another movie, David. Go make another hit movie. You're good at it.
Scott Galloway · 43:15
But look at it. This is all ego. Billionaire kids are like, I don't need money. What do I wanna do? I wanna go to the Cannes Film Festival and the Oscars, and I like movies, so I get to do that. Right? And the serious investors the serious investors are like, you know, we'll just sit this one out until they come to us and say they're willing to sell at a price that makes sense for our limiteds. We're, you know, we have... We're cursed with being grown ups, and we don't have billionaire parents. So we need to act more rationally and a little bit more like, see above grown ups.
Kara Swisher · 43:42
Yeah. Absolutely. Anyway, we'll see. We'll see what happens. But Bill Cohen's sure having a good time covering. He's doing a great job. Dale, come on. Tell us. Explain it to us. Probably not. We're not that interested. Anyway, well, you're doing a great job. You're doing a bang up job covering it, and it's interesting from a... You know, like, if if... I feel like I'm watching succession or something. Anyway, let's get to a listener question. This question comes from Jamie via email. I'll read it. Hi, Karen Scott. I'm sure I don't have to tell you, but some very concerning audio was recently leaked of Samuel Alito and his wife, Martha Ann. Ah, Martha Ann. I just have to hear your take on this. How can this stand? What can we do as citizens to get some accountability on the court? It feels like a hopeless situation, when they were appointed for life and won't recuse themselves from obviously conflicted positions. Love the show and appreciate the laughs that come along with great insight. Ugh. We're such a laugh riot. Alito's wife told a woman posing as a conservative supporter, this woman cracks me up. The woman, she's done it a number of times. She did it with Jim Jordan, everything else. I want a sacred heart of Jesus flag because I have to look across the goon at the pride flag for the next month since she thinks pride flags are disgusting. I don't know. I... I'm not... Nothing that came out of this woman's mouth, I'm surprised by. I'm surprised it was actually a little nicer than I expected. I'm a little less homophobic, but it's pretty homophobic. But I'm not... There's zero surprise on my part by this. With him, I I think he was just telling the truth that, like, we are in a people that are interested in Christian theocracy and we're... And people that wanna have a democracy. So I I... I'm not surprised, but I don't think it was that bad what he said. He just said the truth of his life, and he does it he does it in court too. So I don't know. I don't know. What do you think?
Scott Galloway · 45:33
I'm trying to think. X elite education institutions and the supreme court. I think those are the three organizations and institutions who have had the greatest fall in brand equity. I think possibly twenty four months ago, the Supreme Court, the United States Supreme Court, had arguably one of the most trusted brands in the world. And the fact that a spouse, either of them, would ever let an American flag be hung outside their house upside down, you shouldn't be in government, much less sitting on the Supreme Court. You're an embarrassment to the rope. And a lot of this is, look, conservatives deserve to have voices on the Supreme Court. And, also, all of these individuals, maybe the exception of Thomas, are are, I think, incredibly crisp thinkers. When I've seen justice Thomas speak real time, sometimes I don't think he's that sharp. Is that fair? I don't know. He was he was a he was a decent legal scholar. But, anyways
Kara Swisher · 46:33
It is fair.
Scott Galloway · 46:34
Regardless of what you think, like, Amy Cunning Barrett or justice Barrett, the very... Justice Gorsuch, these are serious candle power legal scholars. And you may not like their politics. I mean, these are just really impressive people. But you and your spouse sign up for a certain fidelity to the flag that includes not hanging it fucking upside down. And, anyway, I... It comes back to the same thing. We need more churn.
Kara Swisher · 46:58
With what Alito said, I'm not... He's he's an asshole in public, so being an asshole in private or saying these kind of things is not any kind of surprise to me. Like, I was zero surprise me about her. She sounds like a really unpleasant lady who just has all kinds of problems that she needs to... Well, she's never gonna change. So, she is what she is. She's kind of a... Like, I don't like the pride flag. Oh, no. Good heavens. It's a very pretty flag. You know, whatever whatever, Martha Ann. You can do it. But you're right. You know, when he was saying, I can't control my wife, he has to con... Has to not control her, but he should sit her down and say, you know what? I have a job that means you have to behave a little better. Right? And and the fact that he's like, I don't know. What can I do about it? You know? We're different folk is just ridiculous. I mean, he's an he's... He is an embarrassment at this point.
Scott Galloway · 47:48
Well, it's a problem with tenure. It's a problem with lifetime appointments.
Kara Swisher · 47:52
Well, he wants to stay so he can have these influences on abortion and things like that, and he certainly had that influence.
Scott Galloway · 47:58
Yeah. But his wife could show up with a swastika, and there's nothing we can do about it.
Kara Swisher · 48:02
That'd be interesting. What if she did that?
Scott Galloway · 48:04
All of these stories come back to the same thing. Dual class shareholder companies. No one can do anything about Sherry Redstone. Oh, you're a billionaire daughter that has no fucking idea what you're doing, and you're wasting people's time and taking the stock further and further down and basically shitting in the pond of your family legacy over and over and over again. There is nothing we can do. She can
Kara Swisher · 48:23
That legacy is not a
Scott Galloway · 48:24
great one. Go ahead. Yeah. But to her father's credit, that guy was a lion of business. He knew how to create shareholder
Kara Swisher · 48:31
a terrible person and ended in a terrible way. But go
Scott Galloway · 48:34
ahead. And maybe she will save all the whales and is a lovely person in terms of capitalism and shareholder value. She's a disaster, and there's nothing anyone can do. And this is the problem with tenure at universities. About the time they become... They start becoming less productive, we give them lifetime employment such that they can be disruptive and obnoxious. I'm not suggesting that you don't need tenure in certain departments. But for example, in business school, we haven't said anything controversial in forty years. The difference between gap one and gap two and deepwater and blue water economics isn't gonna get you burnt at the stake. All it's gonna do is create an inability to manage the place cost effectively, which results in student debt. And to have no code of ethics at the Supreme Court where you can basically give a lap dance to a billionaire who has stuff in front of the court and there's no repercussions, or, again, these all reverse engineer.
Kara Swisher · 49:27
Or my wife my wife was involved in the insurrection. I just... This is such bullshit. This is such bullshit.
Scott Galloway · 49:33
Nothing we can do. So what are the incentives? How do you get your wife and mine?
Kara Swisher · 49:37
Wife or my wife pulled this shit, we would be. But what can you do? Would do something.
Scott Galloway · 49:42
What can you do? Divorce her? That's it.
Kara Swisher · 49:44
Well
Scott Galloway · 49:44
She's like, what do you care? They can't do anything to you.
Kara Swisher · 49:47
She signed up for it, missus... Martha Ann, get in line. I I get that you're a terrible homophobic piece of shit, but get in line.
Scott Galloway · 49:54
No algebra of deterrence. Nothing we can do.
Kara Swisher · 49:56
Algebra... Is that your next book?
Scott Galloway · 49:57
No. Just algebra of deterrence. It's very easy. The infraction times the possible punishment has to be greater than the upside. And the problem here
Kara Swisher · 50:06
You're right.
Scott Galloway · 50:06
There's no possible punishment.
Kara Swisher · 50:08
There's no. We've talked... Like, this is everyone. We've talked... Elon, no punishment. Martha Ann and, the judge, no punishment. Sherri Redstone, no pun. No no consequence. No consequence for what they've done. Anyway, it's it's our theme. We planned it that way. Anyway, if you've got a question of your own you'd like answered, set it our way. Go to nymag.com/pivot. Submit a question for the show or call 85551 Alright, Scott. One more quick break. We'll be back for your prediction.
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— Predictions segment begins —
Kara Swisher · 52:35
Okay, Scott. Let's hear a prediction. You're obviously thinking a lot about Apple for your base, but do you have anything else?
Scott Galloway · 52:41
No. That's just that's it. I I, you know, I like to think on Pivot, we call balls and strikes. I was not shy about the Vision Pro. I think that is literally the stupidest thing Apple's done. Maybe the exception of
Kara Swisher · 52:52
Really? I hadn't... Who do? You think that? I've not heard that from you. But go ahead.
Scott Galloway · 52:55
I think Vision Pro is dead on arrival.
Kara Swisher · 52:57
I'm aware that you think that.
Scott Galloway · 52:58
Oh, you were joking. I'm sorry. God. Missed that. I missed the nuance. As as stupid as that was, as brain dead
Kara Swisher · 53:05
You hate it with the fury of a thousand suns, but go ahead.
Scott Galloway · 53:08
All that was was Tim Cook going, if that mendacious fuck is right, I need to make sure that we're not too far behind
Kara Swisher · 53:13
the it's a bigger, longer term situation. No.
Scott Galloway · 53:16
They'll they'll claim spatial computing has been incorporated, other things, and they're gonna let it die a slow death the same way it's dying a much faster death at at Meta. Anyway, as stupid as VisionPRO was, Apple Intelligence is that smart. And my prediction is the following. You're about to see the second most lucrative licensing agreement in history form gestate coagulate over the next twenty four months. And that is Apple's putting itself in a position to extract 10 tons of flesh from either Microsoft or Alphabet to be the AI that has access to the billion wealthiest people on the planet. Just when people, analysts do their do their homework, they're gonna realize, here we go again. It's gonna be another ten or twenty billion dollars a year in free cash flow to Apple.
Kara Swisher · 54:02
Yep. I I think that's really smart. I think that's super duper smart. I think they... They've done the right timing, right time, right position to be in. Very can... Good for shareholders people versus other bad for shareholders people like Elon and Sherry Redstone. Good for Elon and not good for Sherry, actually. She's not gonna get the money. You know the
Scott Galloway · 54:20
guy who should get $50,000,000,000? Who? Tim Cook.
Kara Swisher · 54:22
Tim Cook should get $50,000,000,000.
Scott Galloway · 54:24
I mean, I'm not suggesting anyone should get 50,000,000,000, but if you're gonna give 50,000,000,000 to anybody He
Kara Swisher · 54:29
might have 50. I bet he doesn't. How rich is he?
Scott Galloway · 54:31
Oh, he's gotta be a billionaire. He's gotta be.
Kara Swisher · 54:33
Oh, no. He's a billionaire, but how many billions?
Scott Galloway · 54:35
Oh, I think it's I think it's one or two billion. It's nothing like
Kara Swisher · 54:38
Gotta be.
Scott Galloway · 54:39
Yeah. But here's the thing. He doesn't hold a gun to the company's shareholders and saying, I'm gonna... And he had... You know what? And also the difference? Apple actually has a board that acts like fiduciaries.
Kara Swisher · 54:48
Yeah. He's no low... Loi cemaugh. That's the Elon way.
Scott Galloway · 54:52
And they say Tim is amazing, and he's a billionaire, and those two fit. That's fine. 1,000,000,000 is really good money for anybody.
— Predictions segment ends —
Kara Swisher · 54:59
The others act like kings and potentates. Anyway, that's the show. We'll be in con next week. Are you excited to see me? Are you sending your jets? What do you have? A jet ski? What did you say you have? A cigarette boat?
Scott Galloway · 55:09
No. I have a zodiac that'll shoot us over to the Palais, and we'll roll up to Meta and wave at everybody. And because security's on the other side. We're like Lawrence of Arabia.
Kara Swisher · 55:18
Have you been invited to a lot of the parties?
Scott Galloway · 55:20
I'm gonna go see John Legend.
Kara Swisher · 55:22
Legend. Yeah. I'm interviewing him on stage with his wife.
Scott Galloway · 55:25
And the Spotify beach parties are the best. Haven't received any invitations from Meta or Alphabet.
Kara Swisher · 55:30
There's... I've received several. Would you like to come
Scott Galloway · 55:32
with me. I appreciate that.
Kara Swisher · 55:33
Anyway, that's the show. Well, as I said, we'll be in Con. I'm interviewing John Legend and Chrissy Teigen, and then we have our pivot live at the Adweek house next... The next day. So if you're in Con, come through. And and I assume you're appearing at a bunch of stuff, Scott, presumably.
Scott Galloway · 55:48
Not as much this year. I'm doing a thing with with Richard Edelman, and I'm doing another thing. Actually, I'm doing a panel with Michael Kasson, but I'm not doing a lot this year. Oh, okay.
Kara Swisher · 55:58
Well, anyway, we'll be doing Pivot Live, which will be fun. We'll talk about a lot of them. We have a very European flavor, at it and talk about a lot of things. There's a lot to talk about. The East... The g seven just went on, up and stuff like that. Anyway... But we will be back on Tuesday with more Pivot. That will be from Khan. So please read us out. Send the zodiac to pick me up on Sunday.
Scott Galloway · 56:18
Like, you texted me. You said scramble the hydrofoil.
Kara Swisher · 56:20
Scramble the hydrofoil. I forgot what it was called.
Scott Galloway · 56:23
That's a good one. Today's show was produced by Lara Nayman, Zoe Marcus, and Taylor Griffin. Ernie and her Todd entered in there this episode. Thanks also to Drew Rose and Mils Severio. Nishat Kurwa is Vox Media's producer of audio. Make sure you subscribe to the show wherever you listen to podcasts. Thanks for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine at nymag.com/pod. We'll be back next week for another breakdown of all things tech and business.
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