Kara Swisher · 46:08
Pivot to a listener question. This question comes from an anonymous listener. Let's hear what she has to say.
Speaker · 46:21
Scott and Kara, I have a quick question for you. On a recent show, you both expounded on your distaste for Siri, which was a shocker to me. As an iPhone owner, it's kind of the only option I have. Is there any other, tech phenomenon that you both eschew? Love the show. Love you both.
Kara Swisher · 46:47
Have a great day. We don't like Siri because it sucks, anonymous listener who is probably Melinda French Gates. Let me just tell you, it sucks. It's it's terrible, and it's an embarrassment. It's Apple's biggest embarrassment is Siri. Thank you.
Scott Galloway · 47:00
Apple Maps is probably right up there.
Kara Swisher · 47:01
Right? No. It's gotten better. I've been using it. Uh-huh. Got better. Make Siri better, Apple or whatever whatever Mhmm. Sky, whatever the fuck you're gonna make with AI. Make it better. What other technology do we not like that we Oh,
Scott Galloway · 47:14
there's a lot I don't like.
Kara Swisher · 47:16
Well, they won. Oh, well, VisionPro for Scott, obviously.
Scott Galloway · 47:19
Okay. The headset... By the way, when do I get a victory lap that this thing was fucking DOA?
Kara Swisher · 47:24
You take it all the time.
Scott Galloway · 47:26
Okay. There's a bunch of them. Three d printing.
Kara Swisher · 47:28
Yeah. Was Oh, yeah.
Scott Galloway · 47:29
That was just ridiculously stupid. Wearables made no fucking sense. The only wearable is your is your iPhone. And the
Kara Swisher · 47:37
Well, the
Scott Galloway · 47:37
I would argue the Apple Watch isn't a wearable. It's a second screen for your iPhone.
Kara Swisher · 47:41
Oh, okay. Alright.
Scott Galloway · 47:41
Okay. The most overhyped technology in the short term is AI.
Kara Swisher · 47:45
Agreed.
Scott Galloway · 47:46
It spawned a $3,000,000,000,000 increase in market cap or a 150 times revenue. It is overvalued. I'm not saying it's not gonna be amazing for the world, important, we shouldn't have regulation. But right now, it is overhyped. The most underhyped technology, which is what I'm more fond of talking about, is GLP one. The actual real economy, whether it's kidney dialysis, hip replacement, alcoholism, gambling addiction, you know, going to McDonald's twice a day instead of four times a day. Mhmm. I think GLP one is already having more impact on the real economy in terms of actual consumer behavior and consumer spending. But
Kara Swisher · 48:18
Yeah. There's a... There's all
Scott Galloway · 48:20
this bullshit hand waving around different types of technologies. There's a... Okay. Hold on. NFTs? Oh Oh my god. NFTs.
Kara Swisher · 48:26
Do even do them all till I get to do one? But go ahead. I'm sorry.
Scott Galloway · 48:28
Go
Kara Swisher · 48:29
ahead. NFTs. Go ahead. Finish with your NFTs.
Scott Galloway · 48:30
Well, I will finish. The first thing that Chris Wallace said to me when I walked in, he's like he's like, Scott, he's like, I I need to say this. I talked to Kara, I'm gonna ask you a question, and I need you to answer and then stop talking. I've heard you give a lot of lectures. And I felt like I walked in. I'm like, Jesus Christ. She's literally haunting me wherever I go. She warned she warned Chris Wallace that I am too verbose. And I said, I appreciate that. I'll I'll keep my answers short.
Kara Swisher · 48:56
Terse.
Speaker · 48:57
Terse.
Kara Swisher · 48:57
Okay. Are you done? NFTs. Alright. Okay. I I have very few. I like... I I don't buy the things I don't like. I'll tell you what I love is I love my AirPod Maxes, for example. But then I just got... Sonos just sent me their new thing, which is beautiful. Think it's called Ace. Gorgeous. I love those over the ear things. Even though it seems like an old technology, I
Speaker · 49:18
think they're wonderful. It's one of my favorite
Kara Swisher · 49:20
things to use as a technology. That's something I don't eschew. I use it quite a bit, and I love it. And I buy it for people because I think it's a really good phenomenon. I'm trying to think, when do I eschew? I I... Gosh. I don't I don't know. I... I'm trying to think. I... The... All the things Scott mentioned. Scooters. I love scooters. What are talking about?
Scott Galloway · 49:37
Do you still ride a
Kara Swisher · 49:38
scooter? Of course, I do all the time. I do. Think there's
Scott Galloway · 49:40
such urban blight.
Kara Swisher · 49:41
I I love scooters, and I love city bikes in in New York.
Scott Galloway · 49:44
City bikes are great.
Kara Swisher · 49:45
I love them. I like scooters. I like all those things. I'm trying to get something up Hey.
Scott Galloway · 49:49
Let me give you one. Space tourism. How about that one?
Kara Swisher · 49:52
Yes. Space tourism. Thank you. Yes. I'll never do that. Never will I do that.
Scott Galloway · 49:57
Well, and no one is. No one is doing space tourism. Space tourism. By the way, another SPAC. Mhmm.
Kara Swisher · 50:02
Yeah. Exactly. That's right. I think Jamoth was involved in that. I was I was actually with him when they did that at... In New York at the stock exchange. I think it was the stock... I remember because they showed off the uniforms, and Richard Branson was there. It was such bullshit.
Scott Galloway · 50:16
That was nothing but a transfer of wealth from retail investors to prop up Richard Branson's cruise ships and travel empire, which was going bankrupt
Kara Swisher · 50:24
Mhmm.
Scott Galloway · 50:24
During COVID. And we called that early. That was fucking... Oh, by the way, Virgin Galactic stock. Okay? Mhmm. It reached a high of What? Oh, it hit $56 because Yeah. You know, Chamath and Richard Branson, he's cool. He's a great promoter. Chamath's a very articulate Mhmm. Promoter. Oh, today, it's at 87¢. 87
Kara Swisher · 50:46
That's right.
Scott Galloway · 50:47
Cents.
Kara Swisher · 50:47
Well done, Shema. Well done. I eschew certain people like that. That's what I eschew. And then also the humane pin, all those AI pins and things like that. It's often around voice. I've been very disappointed by voice stuff. That's what I would say. I... It hasn't gotten the way, you know, same thing with the Amazon Echo or the Google one. They've... I've... They've never delivered in terms of real efficacy for me. Others like them, but I do not. Alright. That's a good list. That's a great list. Thank you for all those, Scott. Again, very smart. If you've got a question of your own that you'd like answered, send it our way. Go to nymag.com/pivot to 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 · 53:19
Okay, Scott. Give us a good prediction. You've been very strong lately, I would say, on the predictions.
Scott Galloway · 53:23
They're they're they're No. I I look. I wanna I wanna... I just wanna highlight again that I think that Melinda French Gates and... And I'll pose this as a prediction. And Mackenzie Scott are gonna kick off a wave of what it really means to give. You're not looking for anything back. You're pushing the money out. And I would like to see, and I'm hoping that we begin to inspire that some people who have been blessed being born in America, worked hard, but got very lucky, had great alignment with a spouse or a partner, attracted really talented people, and have managed to create such extraordinary wealth that they can live a really nice, really nice life.
Kara Swisher · 53:58
They do.
Scott Galloway · 53:59
That we're gonna start... I'm hoping that we're gonna start a movement against hoarding. I just don't... It's not gonna make you any happier. It creates imbalance in terms of power. There's just no getting around it. When you have six people who are worth more than the bottom half of America, we've hit a breaking point here, folks. And Mhmm. I do think there's gonna be a movement away from hoarding. Then we're gonna start shaming people. We're just gonna say, why do you need to have more than a billion dollars? Mhmm. What is it gonna get you?
Kara Swisher · 54:25
Right.
Scott Galloway · 54:26
And I I hope Dinner
Kara Swisher · 54:27
with Trump. Sorry.
Scott Galloway · 54:28
Go ahead. I believe in private property, but I also believe in a progressive tax structure. I do believe taxes are gonna go up dramatically because here's the thing. No one loses. No one loses when you start taxing people above a billion dollars in wealth. It just... Now they could move, but I hope that it gets started on a personal level where people say, you know what? I'm good. I have Mhmm. A few $100,000,000. I'm good. I'm good. And I can I can be happier by spending more money and or giving more money away? May
Kara Swisher · 55:00
I you a question? Yeah. Do you think it's a coincidence that these are women?
Scott Galloway · 55:04
Well, didn't I say that?
Kara Swisher · 55:06
Yeah. But do you think... Why do you think that is?
Scott Galloway · 55:09
I think that... Well, again, you're not a sexist when you elevate women above men, but you're not allowed to have an open conversations around some of the things that men are good at. I think that women are more maternal. I think women from day one are there. They have a certain hormone and a certain predisposition to protecting others because they, at some point, believe that they're going to be responsible for someone else. And so they are more caring, and they are less less ego driven. Now some of that ego that men have results in incredible things. I think many times men make better entrepreneurs, and that's gonna get me a ton of hate mail. But I think men are more aggressive and more focused on people outside of their immediate family and think very big things, and that can be wonderful. But at the same time, they become more disconnected from the people around them, and they're less caring. So I think it manifests in good and bad ways across the genders.
Kara Swisher · 56:01
They don't disagree with you. I... Last... Yesterday, I I was watching... We were at this house, there was, you know, those little pebbles people have on paths. You know? Literally, Saul was throwing them at a tree with every bit of strength he had and pointlessly throwing things just out of throwing, and Clara was carefully piling them. It was so... And I literally was like, gender.
Scott Galloway · 56:22
You need both. You need hunters and gatherers.
Kara Swisher · 56:24
I was like, gender. Like, I know every... There's different groups, but it literally was, like, reminded me of... He was just aggressive.
Scott Galloway · 56:32
The reason we got here is that men or mostly men would see something moving in the bushes a couple 100 meters away and immediately, without even thinking, grabbed spear and began running towards something with a bloodlust to kill the thing and feed the tribe. At the same time, there were a group of people who tended to be women who would pick up fruit and look at it very carefully and go, this is rancid. We can't eat this. You need both those skills in a household. You need both those skills in an economy. But, unfortunately, I believe sometimes we're not allowed to have an open and honest conversation around the difference in the genders because if you say anything that isn't other than, oh, women make better managers or women make better leaders, you get shit.
Kara Swisher · 57:16
No. I get that. I think it's because people are different. Because, like, I think I'm a different kind of woman than other. I'm more aggressive. Right? Like, so I think it's just it doesn't have to fully apply. And I think what happens on the right is they have to fully apply it. Right? And on the left, they say, there's no such thing. And so that's the problem. Right? That's the that's
Scott Galloway · 57:34
the Well, we... It's it's difficult to have a robust open conversation for fear that you say something inarticulate and you lose your job. And we should just be a little bit more open. One, I do think we have to acknowledge there are certain behaviors that are more indicative or more prone or more likely to cluster around people born as a male or a female, which isn't to say that a lot of people born as women don't have wonderful masculine attributes and a lot of... I've said this. I'm drawn to men that are more feminine
Kara Swisher · 58:02
Yeah.
Scott Galloway · 58:02
That are more caring.
Kara Swisher · 58:03
Yeah. Scott cries. Scott between us, Scott's the crier.
Scott Galloway · 58:06
I cried yesterday on Chris Wallace. I was so fucking embarrassed. I'm fucking Chris Wallace. Yeah. I gotta try to start asking me about male role models, and I talk about all the men in my
Kara Swisher · 58:14
do that. Voice gets all crumbling.
Scott Galloway · 58:15
I'm doing it I'm doing it too much lately. I think it's jet I think it's jet lag.
Kara Swisher · 58:19
You have been... I've noticed that. I've noticed that. I like it. I think it's a good quality. Anyway, good prediction. Scott, that's the show. A quick reminder of what you can hear on our other pods. We are dating other people. We are poly. Professor g markets talks to analyst Lynn Alden with a strong case for Bitcoin. And next week, comedian Ilana Glaser, joins on with Kara Swisher to talk about her new movie Babes. And by the way, my Bill Maher interview is up if you wanna listen to it. It's quite catchy.
— Predictions segment ends —
Scott Galloway · 58:47
Know, he said no to me. He said yes to you.
Kara Swisher · 58:49
Really?
Scott Galloway · 58:50
I asked him to come on my pod, and I got this bullshit thing back from his public saying, saying, Bill really wanted to do this, but he's done with media, and he's tired. I'm like, well, he wasn't tired enough to go on.
Kara Swisher · 59:00
Well, I went to his house. But in any case, he talks about being bullied as a, in high school in school. It was interesting. I had not heard that. Yeah. So he he had a little moment too even though a lot of people don't like him. It was really interesting. Anyway, we'll be back on Tuesday with more pivot. Scott, read us out.
Scott Galloway · 59:16
Today's show was produced by Lara Nayman, Zoe Marcus, Travis Larczyk, and Taylor Griffin. Ernie and her Todd engineered this episode. Thanks also to Drew Burrows and Mio Silberio. Nishat Kerwa is Vox Media's executive 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. What is uniquely wonderful about America? We have good people who create billions of dollars in value and then decide they're gonna give it away. They're gonna help others see above give.
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