00:00:00
This is just nonsense. And he's just doing it because he's on his little tour to show that he's like the master
00:00:05
inventor and deserves the trillion dollar compensation pay. It's just he's not the master inventor anymore, folks.
00:00:12
He's just not. Hi everyone. This is Pivot from New York Magazine, the Vox Media Podcast Network. I'm Carara Swisser. And now I must sing
00:00:26
to Scott Galloway on his birthday. Oh no. Yes. Yes. Yes. It's okay. No. Happy birthday to you. You live in a
00:00:37
zoo. You look like a monkey cuz you're wearing a monkey suit and you act like one, too. When did we get so old, Cara? I don't know. Scott, you look good,
00:00:48
though. You have a suit on cuz I I understand you went on many much of television today. I was on Morning Joe. Yeah. Then the
00:00:56
Today show and I just got back from the view where I basically they asked me about my father
00:01:02
and I started crying in front of an audience. Perfect. Oh, that's with all the ladies, right? Yeah.
00:01:07
Yeah. Savannah Guthrie wrote me a lovely note. She said Scott president. She loves you.
00:01:14
Um yeah, I was on with her and Craig. Craig. Handsome Craig. Um yeah, handsome Craig. And she looks
00:01:21
great. I love you. Yeah, she's um she's a nice person. She's Yeah, she's she seems actually she's a
00:01:28
real woman of faith and I like the way she positions her faith. I think it's really I interviewed her about that when her
00:01:34
book I remember that. Yeah. But this I'm a total media [ __ ] this morning. I'm I'm absolutely everywhere.
00:01:40
Yeah. So that's good though. Whereas usually I'm just a [ __ ] You're just a [ __ ] Just a hoe. Just a giant hoe.
00:01:46
How's Morning Joe? Did you with the two of them? I Well, they were remote. I guess they're down in Florida somewhere. Leave their home now. Okay. Yeah. They don't leave their They get They roll out of bed and roll in.
00:01:58
But you know what? They've always been You know how some shows, you know, they just want you to win? Yeah.
00:02:03
That's what Morning Joe is for me. Joe and Ma always like try to set me up for success. And uh
00:02:10
so I really like it there. And plus they always make me somehow they make me look less awful. I like look reasonable in
00:02:16
that show. This is how vain I am. I think about what shows make me look the best. Um, but I love uh I would say of all of
00:02:23
the things I go on, I think Mars number one cuz I find him I find that show just so challenging and
00:02:28
interesting the format. But Morning Joe for me is really I think they do a great job with the co-anker. I
00:02:34
mean the bottom line is between the morning Joe the view the today's show as much as I criticize TV when you see
00:02:41
just how much activity is going on behind the scenes they do they give great TV. They do.
00:02:47
They do. And let me tell you, let me give you information. They sell [ __ ] books. I got to say after The View, my
00:02:52
book sales rocketed more than Bill Maher and The View, I would say, was and today's
00:03:00
show. Yeah. And I was on with Fared yesterday. So, yeah, I'm um You're really up. I'm ubiquitous. There's I'm like AOL in the 90s. You stick your hand into a cereal box, you're going to pull out a
00:03:11
little dog. Little dog. Let me ask you a question. How was the view ladies? Did Were they nice to you? Did they stroke you after
00:03:17
you cried? Um, they were really say, "Get the [ __ ] out." It was my second time. They've always been really lovely to me. It was Anna
00:03:23
Navaro, uh, Whoopi, obviously, uh, Alyssa Farah, who unfortunately is pregnant because I was thinking there
00:03:29
was a shot that she would leave her husband for, but not I didn't know. It doesn't seem to be going very well. Yeah.
00:03:35
And then, um, Sunny, who's Sunny Hospital, uh, who looks 18 and she has a son who's
00:03:41
a doctor. Yeah. Yeah. And she wanted advice. She's saying, "I'm going to give your book to my son." I'm like, "Oh, really? What's he doing?"
00:03:47
She's like, "Well, he's a Harvard educated doctor." I'm like, "No, he needs to mentor me. He needs to write a
00:03:52
book and I'll read it." Like, he's just fine. He's tracking. He's tracking. That's good.
00:03:58
But yeah, they couldn't be. Who's next? What's your next thing besides our pivot tour coming up? We've got one more show before our pivot tour
00:04:05
and I for a week. Come on. I'm on Anderson Cooper tonight. I'm on MSNBC tomorrow. Yeah. I'm I'm I'm you know I'm on
00:04:13
Christian Apur tomorrow. I'm everywhere. Are you It's gonna be too much. Scott, may I just say, how is your birthday going? The reason I sang is because I thought about playing the Stevie Wonder song, but YouTube dings us when we put
00:04:26
music up. Oh yeah, I'm being very genuine. I don't like my birthday. I don't I don't enjoy it. I
00:04:32
don't want to be reminded of my age. Oh well. I don't I don't like gifts. I don't I would rather if if I could delete
00:04:37
anything. You know how we have those delete me ads? What we need is an app called Delete
00:04:43
Birthday where everybody forgets you actually have birthdays. Oh, now I sent you that edible arrangement. No, I didn't.
00:04:51
Actually, I'm shocked in one of the many times you stayed here, you haven't arranged my edibles. See, I know I have
00:04:56
little turn a phrase there. Little turn, but I actually have done that. I I looked through them at length one night
00:05:02
when I was bored. God. Hm. Hm. I didn't take any of them, just so you know. Yeah, you need to start. I know, but I just was interested in them and I looked them up and I and I Googled all of them and everything.
00:05:14
Did you? Yeah. Is that part of the problem? My psychotic breaks? No, not part of the problem. Not at all. Well, I am glad you're here
00:05:20
another year. Well, thank you for that. I appreciate that. You look very nice, too. You're a little hunched over. Sit up straight with that
00:05:26
suit on, too. Sorry. There you go. How's that? All right. Yeah. Looking nice. That That's your go-to suit, isn't it?
00:05:32
That's your go-to outfit. Yeah. No, you know what's funny is I I've consistently I have probably I
00:05:38
don't know a dozen suits I like I like the idea of suits and then I find one I like and I wear the same thing over and over. You look very mom Donnie right now. I'll
00:05:44
tell you he loves a suit. It's my birthday. Do you really want to bring that? That's my birthday.
00:05:50
I'm just saying he Come on. He wears a suit. He shows respect for people. Uh I think he's a I think he's a
00:05:55
good-looking guy. He suit I'll give him this respect, isn't it? I think the learning I keep getting
00:06:01
calls from Democrats. What do you think of it? Am I the Democrats can take a lot of from his campaign. I'll give him
00:06:06
this. You know, I I think you and I have are a little bit different on a different different views on his policies. I don't
00:06:13
think there's any denying that that Democrats can learn a lot from his campaign. Well, we'll see if he does. We'll see.
00:06:19
You never know. People can surprise you on on lots of ways. I think he seems to have talked to a lot more people than you think. I think he's very similar to AOC who has pivoted much more to the
00:06:31
center than is that right of AOC? Yes, 100%. I think they they learn they want to be in position same Marjorie Taylor Green like they're all pivoting in a way that makes them kind of
00:06:42
suspicious of MTG though. I'm just not sure. No, I agree. I thought she was I think she likes the attention and
00:06:48
she's getting a lot of attention. She's doing a good job at getting it. I'll tell you that. Well, someone asked me who Jewish space lasers. Yes. for
00:06:54
this. Someone asked me who the leader of the Democratic Party was, and I said Marjorie Taylor Green. She's she's been um But uh yeah, it'll
00:07:03
be Look, people have asked me, "Well, what happens if he wins?" I'm like, "If he if he wins, first off, I'm not a New York resident,
00:07:10
but if he wins, like any candidate that wins, to be I think a good American, you
00:07:15
have an obligation to be as supportive as possible and let them prove you wrong." Correct. and be supportive and and let
00:07:22
their actions speak. You have to open up to the possibility that maybe your pre preconceived notions that they were a
00:07:28
terrible person because you get so caught up in the emotion of politics. Give them the benefit of the doubt and
00:07:34
rally behind them for a certain amount of time and let them, you know, have them have let them have their honeymoon. So I
00:07:41
and by the way, I'm saying this as if it's a foregone conclusion. It's really interesting. There are these ads on these bus shelters in Manhattan showing
00:07:48
the the statistical probability of their win from Khi. It's a great ad campaign.
00:07:55
It shows Mandami at 92% right or 93 and Quomo at 8 and they're on bus shelters everywhere and it says Khi Khi market and you don't even realize it's an ad. It's such a brilliant ad
00:08:07
because it shows it you don't have your screen up. It doesn't look like an ad. information and
00:08:12
what you realize is that Koshi is this place that people are going to now to look to help predict the future.
00:08:18
Yeah, it is. It's the best branding campaign I've seen in a while and poly market. Couch and poly market. Yeah, I think that'll be you know what
00:08:24
the only good thing I got to say. Two two one bad thing, one good thing about that. I think he's definitely going to
00:08:29
win. And I Well, let's just wait and see what he does. I have We'll see. We'll see. I think that's fair. Wait and see.
00:08:35
Wait and see. And the second thing and he has a lot of good ideas. Some aren't as good, some are good. Like let's see.
00:08:40
He's fresh, right? That's the key thing. And he's got people. You just watch him going around New York everywhere he goes. He's created excitement around
00:08:47
himself. I'll give I think he's a fantastic I think he's fantastic campaigner. And I can't wait for food sponsored food
00:08:53
lines. Oh, stop. You know what? People have their own version of welfare every single [ __ ] day of the week. So to give people a grocery store, implicit in that statement is that I
00:09:04
don't believe in a redistribution of income, which I do, but I don't think you have to be stupid about it. If you want to help young people find, give
00:09:10
them food stamps, put more money in their pockets. If you want to have if you want to have lower cost of housing,
00:09:16
give tax incentives to people who build reasonable cost housing and let the private sector take over. Rent control
00:09:22
will just take rents up anyway. Well, it's rent. There's a freezes. Cuomo's been messing it up like what he actually Cuomo had the same thing he had for many, many years. It's not control.
00:09:35
It's rent. Rent freezes. Delasio had it. Yes, the rent not rent freezes. It's something else. This is the good the the the good thing and the bad thing. One,
00:09:47
put put Andrew Cuomo away. Like he's must leave this. He must join some boards. It's rent stabilized. Excuse me. That's the word we're looking for. Um put uh get rid of Andrew Cuomo. Nobody
00:09:59
wants you. Nobody wants you really. So, and you've done every trick in the book except appeal to voters. That's one.
00:10:07
Two, Curtis Silwa Sila, I would give a job to. I think he shows if anybody's a big winner coming out of this. Let me just say he loves New York and if I were Manny, I would actually reach out
00:10:19
to him because I have to say I thought he's cookooky as can be, but he's also conducted himself with a lot of grace, I
00:10:27
think. Right. He hasn't gotten out. He's talked about his issues. He's loves his
00:10:32
cats. That's besides the point. But I think he really has made some really good points and some really crazy ones.
00:10:38
But I would I would reach out to him. I just was very I I had a very different opinion of him and I think he's come a
00:10:44
long way. Let's just say. Anyway, I agree. Although I will say I I really don't like spoilers in the sense that I
00:10:52
think everyone has a bit of an obligation to I I whether he was in the race or not, but he's not a spoiler. He's the
00:10:58
Republican candidate. Cuomo's the spoiler. That's who the spoiler is. He lost. He lost his primary and he
00:11:05
couldn't stand it. Yeah, but you're defining spoiler by party affiliation. I define spoiler by somebody who has no chance of winning
00:11:11
and who is going to dictate the winner by virtue of the fact they're taking votes from someone else. Let me just say
00:11:17
even if he weren't in the race, I think Mandami would win would still be the winner. But
00:11:22
it's very unusual and it works both ways. The reason Bill Clinton won was because of Ross Perau. If Ross Perau had
00:11:29
not been in the race or dropped out, Bush would have won. if uh if Nater had not been in the race, uh Gora would have won. So I I do think I do think that you
00:11:41
have an obligation if you have no chance of winning to let people decide between the two candidates who have a chance of
00:11:47
winning. Well, I don't know. IO N should have stayed in the race. I think he should have stayed in the I
00:11:52
think Cuomo it just literally can't get out of the [ __ ] and and by the way, I think it would have been a lot more competitive with Curtis if Cuomo had
00:11:59
buted the [ __ ] out. like he was the Republican candidate. Cuomo lost fair and square. He lost fair and square and
00:12:06
he couldn't take it cuz he's a giant. I just he's I I I'm glad he will be leaving the scene if he loses. Anyway, we got this will be this will be the end. I think I think you're right with the
00:12:18
Democratic party is personified in that man. Anyway, we've got a lot to I'm sure Chris Cro will write me a mean note, but
00:12:24
sorry, Chris, it's true. We've got a lot to get to today, including Netflix exploring a bid for Warner Brothers
00:12:30
Discovery and Elon Musk hints at a flying Tesla demo. Oh, good God. Okay, but first, the government shutdown has now lasted more than a month. It's about to become the longest in US history. The
00:12:40
42 million Americans who receive food stamps will only get partial payments from the governments this month. It is
00:12:46
really awful for them to do this. The Trump administration just told a federal judge that it would not tap additional
00:12:52
funds for full payments. this after two federal judges ordered Trump to use emergency funds to keep the
00:12:59
program. Travel disruptions are also mounting with flight delays and staffing shortages at airports across the
00:13:05
country. Um and as as a new poll shows most Americans blame President Trump and Republicans in Congress for the ongoing shutdown. Um we're ultimately we're not
00:13:15
political experts but certainly from a business point of view you saw the United CEO um sort of shilling for the
00:13:22
Trump White House which is grotesque sir uh by the way Mr. Kirby I happen to be a
00:13:28
global services person and I am unhappy with your stance. I think it's you can blame both of them if you like but to
00:13:34
take any side it was really irritating. Um uh where do you where where are we where are we from a business and other perspective? Well, there's the there's the strategic
00:13:45
side of it. The Democrats are finally winning. This is they've they've strategically they've picked a pointed
00:13:52
obvious issue. Healthcare, they're right. It always helps to be right. The the increase in premiums is just untenable for a lot of people. And the
00:14:04
Republican viewpoint of well, we'll talk about this. this is no way to run government. It's like, well, folks, you
00:14:09
voted for something that essentially transferred money from the health care of lower middle- class households to
00:14:15
wealthy for tax cuts. That's basically your big beautiful view. So, why should anyone trust that given the power where
00:14:22
you already control all three houses of government that then you're going to address this issue? So, you're
00:14:27
absolutely correct. The majority of Americans uh hold the GOP responsible for this. It's just it's just almost
00:14:35
alien or it's an alien feeling to see the Democrats being strategic and pointed and united. Usually there's
00:14:41
three or four of them who've taken money from the private equity industry or something
00:14:47
to be so [ __ ] This is a big win so far. And then on a more existential level, I've been running around, you know, Midtown talking about masculinity.
00:15:00
If you think about if you think about provider and prosperity, the whole point of prosperity, the whole point is such
00:15:07
that you can protect people and for them to be cutting off food stamps when the money is available. Remember the movie? They're in a massive rainstorm. They can't find a place to stay. They have no
00:15:18
money. And the the woman says to John Cusk, "Oh, wait. I forgot I have my parents' credit card. It's like a $29
00:15:25
hotel. They're going to get out of this crazy ransom." She's like, and then she pauses and goes, "Oh, but I'm only supposed to use it in emergencies."
00:15:32
And he looks at her and says, "Well, it's lucky this isn't an emergency." Yeah. Yeah. To not use every dollar possible to
00:15:39
ensure that 14 million American children in the most prosperous nation in the history of the world
00:15:44
have access to food. This is an emergency. And they just come across Scrooge. Well, it's just, are they not? Are what is that? Are there not? It's the definition of anti-American.
00:15:55
It's a definition of anti-masculine. They're using children as human shields. They are.
00:16:01
They think they can shame the Democrats into saying, "We're more depraved than you.
00:16:07
We trust. We believe that you're less depraved than us." It's like when Terrence Stan played the nemesis of
00:16:13
Superman and he said, "I found his weakness." He being Superman, he's like, "He actually cares about them." Yeah.
00:16:20
Right now, the GOP is saying as oh, we think their weaknesses. they actually care about these people and we'll use
00:16:26
them as human shields. And even though we have the money to pay for SNAP for several weeks longer available to us, we
00:16:34
think they're going to blink. We're going to use them as human shields. And I I think the American public, at least according to the polls,
00:16:40
is seeing through this. So, well, I think what's interesting is the Democrats are like, we'll just show
00:16:46
people who you are. Like, let's we aren't going to save them. You need to save them. You're in charge. This is your big beautiful deal.
00:16:52
This is your big beautiful deal. You run all the whole all you run the Supreme Court, you run the House, you run the
00:16:58
Senate, you run the presidency. If you kill them, you kill them. Like, we can't stop you. You know, that's I think it's
00:17:05
actually I don't think the thing is, will they? Cuz they really are a cruel bunch, right? Them just fussing around
00:17:11
on this snap thing is so ridiculous. Just pay the snap thing. They want they can't lose on anything. That's their
00:17:17
whole thing, no matter who who pays the price. and they'll just look we look you know my Angelou you know when you see
00:17:24
someone you know believe it believe when when they told you who they are so let's let them tell us who they are
00:17:30
that's that's who I say anyway we'll see uh as I told you remember that time when that Trump person told me they some of
00:17:35
the crazies in that group want to do it 47 days for his presidency that's what it feels like
00:17:42
anyway I thought that was a ridiculous stupid juvenile thing but here we are by the way uh I really enjoyed the Gatsby
00:17:47
party nice timing President Trump god I know, right? Like literally, is there something like these are careless people? Like the the metaphors just write themselves. I mean, Gavin Newsome
00:18:00
doesn't even have to try hard on these things. And he did a good job, actually. So, let's move on. Uh, we'll see. We'll
00:18:05
see. Do you have a prediction to what's going to move the needle? I got to think that it seems to me that
00:18:12
the Democrats are just shockingly unified. And I would think I I want to get your prediction because as you've pointed out, I'm famously bad at political predictions, but I would think that Republicans will say we'll come up
00:18:26
with something that is like they'll claim that they're staying true to their principles, but agree to some sort of
00:18:33
accommodation. I just I mean, what people don't This is bad on so many levels. Pass it. They can't just say they're
00:18:39
going to pass it. The Democrats don't believe them. I don't Oh, no. The Democrats aren't going to go Yeah. the the whole trust part of the
00:18:45
program is over. We're not this notion somehow that the people who decided to take money out of SNAP and put it towards wealthier people's tax breaks that all of a sudden they're going to
00:18:56
have a change of heart. Uh no, that's no one, you know, we're not we're not going to be fool me once, right? I think what
00:19:03
they'll come up with is some sort of accommodation that gives the Democrats at least some of what they want, maybe most of what they want, and they'll
00:19:09
pretend to be the good guys and move on. But I think this is a rare winning issue. But people don't realize this is
00:19:14
more than just this is more than just, you know, kids going hungry and low-income families going hungry.
00:19:20
Airlines, all kinds of safety issues. There are 300,000 people in veterans affairs giving physical therapy and and medical treatment to veterans.
00:19:32
Yeah. So, we're going to leave our veteran veterans in the cold right now. I mean, gets affected. This really is sort of a
00:19:38
what's the point of all this prosperity if we're going to, you know, leave people out in the
00:19:44
cold like this. I just screwed. It really is very um feels very dysfunctional. Scrooge. Anyway, um interesting story. Now, now it's getting interesting.
00:19:55
Netflix is actively exploring a bid for Warner Brother Studio and streaming businesses. According to Reuters, the
00:20:02
streamer has hired investment bank and I don't know this bank, Moolis and Company. Oh yeah, they're gangsters.
00:20:07
They're very potential offer. This is the same bag that just advised Sky Dance on the Paramount deal. Comcast could also be in
00:20:13
the mix. President Mike Kavanagh, who I think is very smart, said last week the company might consider bidding for
00:20:19
certain Warner assets, though he noted a merger isn't necessary. This is really interesting because then David Zazoff
00:20:25
now has some [ __ ] going on, right? And it it's not so easy for the Paramount boys and their giant money to sail in
00:20:32
there. It it creates a feeling in my shareholders that maybe especially the studio stuff is worth more
00:20:39
apart than together. It gives a gives it gives some some juice. What do you think? Or is it all just doesn't matter?
00:20:46
So, first off, if I got this wrong, I said just last week that I didn't think Netflix would get anywhere near this
00:20:51
because of they have such a strong culture. What I think it says is a couple things. one I think this is sort
00:20:56
of maybe an acknowledgement from Netflix that they've run out of green field or running room to grow their business organically,
00:21:03
right? And what you said also resonates now and that is there's some content here that really is singular and they they want to
00:21:09
build a content library to kind of try and sort of catch up um to it's quite a content library. Think about it. Game of Thron like it's so good. It's a lot. Think what they could do
00:21:22
with the Sopranos. They could I mean like so much stuff just like and and not just new new stuff older stuff like real like oh my god my favorite show I don't know
00:21:33
if you've have your favorite show I watch for me my parents or my parents my kids my sons refuse to talk I was looking forward to the sex talk
00:21:43
neither neither of them will ever let me talk about sex with them. Oh wow. They've just decided that's
00:21:49
horrific and dad, no, we don't. We'll learn it on the street or from porn. We have no interest in talking to you about
00:21:54
it. I think I had a sex talk with the boys. I've decided that the ultimate sex education is they have to watch all eight seasons of me with game of Game of Thrones. Oh. Oh, no.
00:22:05
Oh, 100%. Not sex. It's got aspirational homosexual characters. It's got real love stories.
00:22:11
Ingred and Jonathan Snow is one of the most gripping love stories ever. It's got really bad behavior in terms of castrations. It has Okay.
00:22:22
Well, there's that. Like a lot of rape, a lot of like Okay. All right. Okay. You do your parenting.
00:22:29
I'll do mine. But go ahead. So, that's my sex ad for my sons, right? Is Game of Thrones for um eight seasons.
00:22:37
Galloway boys. Come and see me. I'll help you. Those are all Richard Perler. You know, our pal Richard. He just
00:22:42
texted me the other But if you think about what's so interesting about HBO is with I think a content a budget of about
00:22:48
two billion versus 18 in Netflix. The culture at HBO must be so extraordinary because they consistently punch above their weight class. Yeah. It's first it was Bugus, then it was uh Kleper and now it's Casey Boy,
00:23:01
Michael Fuches um way back in the day. But my god, some some of the content um Sex in the City I think Sex in the City was incredible. Think about all the things. And then even even girls, the modern
00:23:14
kind of Sex in the City. I thought that was incredible. Have you seen Chernobyl? Chernobyl is incredible.
00:23:20
Yeah. All of it. I mean, it just this makes a lot of sense as I told you for Netflix. It does. And it all but it what
00:23:26
it does for David Zazoff is it shows off the stuff that it's worth. Like don't let these [ __ ] at Paramount get
00:23:33
everything for cheap, right? don't like don't hand it over to these guys who've already shown relatively bad uh behavior
00:23:41
in terms of media. But um but they but it it's so valuable like the studio and streaming stuff and then you can figure out what to do with the new stuff. Just spin it all together, give it to ver
00:23:53
vers Versant. That's what someone from there was saying. Let's pronounce it Versant, not Versant. Versant like it's
00:24:01
a Versant. I don't it doesn't make it any better. But what they're probably doing I I I
00:24:08
would be shocked. I think what they're doing is the following. I think by the way Mullis is established itself as one
00:24:14
of the is absolutely in my opinion the premier investment bank as it relates to media. Okay. They're outstanding at what they do.
00:24:20
The what I think this is what they've probably done is they've all signed crazy NDAs, right? And they're, I would
00:24:26
bet, openly communicating. Would they be do I think they're willing to take pieces? I can't imagine the
00:24:34
Ellison's want all of this. They don't. And I would imagine that Netflix wants certain things that um Ellison does not want and vice versa.
00:24:44
And this might be a club deal where they take certain stuff. And meanwhile, what you have is a CEO
00:24:52
who's added so little shareholder value, who's positioning them against each other to
00:24:57
do [ __ ] like maintain his leadership role and feather his nest. The only thing I know that's going to happen here
00:25:03
is that David Zazlov is about to become the Adam Newman of media and that is make a [ __ ] ton of money for destroying
00:25:10
a lot of shareholder value. Well, by playing these guys off of each other. By the way, Warner Brothers Discovery,
00:25:15
yeah, there needs to be a special committee of the board looking at every deal. And
00:25:21
Zazov is there to wave his hands and get them excited. He should not be negotiating this deal because the one
00:25:27
thing we know about Zazlov is he will extract a great deal of shareholder money and put it in his pocket as
00:25:33
opposed to shareholders. Wow. If he gets a lot of money for it, I guess that it'll be worth it to them. Uh
00:25:38
but it is interesting that now there's some activity and again, as we say, guys, get in here. There's some very
00:25:44
valuable things. Don't let the let let the Nepo baby get everything. There's stuff that's really And also for
00:25:49
Comcast, too. Same thing. Same thing. Same same. And there's ways to do this. Anyway, uh I just I just like to see a
00:25:56
fight fight. Um all right, Scott, let's go on a quick break. When we come back, Apple and Amazon earnings.
00:26:03
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That's jbt.com/pivot. Make sure to use our URL so they know we sent you. Scott, we're back and we've got more earnings to discuss. Let's start with
00:27:04
Apple. The surge in iPhone sales, surprise, gave Apple a big boost this past quarter, sending total revenue up
00:27:10
$102 billion, up 8% from last year. Wow, that's a lot. Um, it went to 102, up 8%.
00:27:16
But it was a mixed bag for other parts of the business. iPad and wearable sales were flat and sales in China fell about
00:27:22
3.6%. That's not a surprise, although they don't have really sexy The watches weren't that big a jump. I didn't get a new one, and I usually do. Uh capex uh
00:27:33
came in at $12 billion for the year, up uh 35% from last year and expected to grow, but it's still pretty low compared
00:27:39
to what the rest of big tech is spending on uh AI. They seem rather frugal comparatively. But the others are uh you
00:27:46
know spending like the proverbial drunken soldier sailors, excuse me. And speaking of what other big tech
00:27:53
companies are spending, let's talk also about Amazon. Capex continues to surge with more than $34 billion spent in the
00:27:59
last quarter and a fullear total expected be to top 125 billion. AI spending seems to be paying off. Amazon Web Services revenue jumped 20% from last year, its fastest pace since 20 uh
00:28:13
22. Um overall, it was a strong quarter for Amazon with $180 billion in revenue and sales up 13% year-over-year. And by the way, Open just signed a $ 38 billion computing deal with AWS. another one one
00:28:25
of these and its first contract with Amazon. So talk a little bit about um this and how these companies continue to succeed in spite of tariffs obviously aren't affected by them. Well, Amazon
00:28:36
might be a little bit and Trump chaos in general. I think on Apple too, although they've gotten some exemptions, it's not clear what
00:28:43
that's right. You know that that gift, whatever it was, the gold statue, the golden calf, as I like to call it.
00:28:50
Go ahead. Yeah, I I who knows what the tariffs are going to be on Apple. Uh, Apple, I would
00:28:55
describe Apple's um earnings as unremarkable but strong to stronger than people expected. I think Apple's the most val uh the most
00:29:07
expensive of those stocks right now. Um, I'm actually thinking about selling my Apple stock, which I've owned for 15
00:29:13
years, uh, just because they're growing single digits, but they're trading like a growth stock. But I bought I always
00:29:19
buy the new iPhone. I find the new operating system to be a bit cumbersome. But the battery life is
00:29:25
great and and also iPhone sales. We don't know how much of it was frontloading because of tariff scares.
00:29:30
But the company continues to do well. They have been sort of a sleeper on AI. We'll see if they come through and do
00:29:37
anything. I I think that Apple I mean what Apple's done that will go down in the history books and they continue to do is that what they have pulled up the iPhone is the
00:29:49
most successful product in history. If you just look at the amount of gross margin or gross dollar margin that's been created and the analogy I always
00:29:55
use is that imagine an automobile company how the margins of Ferrari with the production volumes of Toyota. It's
00:30:01
the most this just is sort of an anomaly in marketing. Typically you go one of two ways. You go for the mass product
00:30:07
that's a lower price or you go for a niche lower volume product that's more expensive. The iPhone is the most
00:30:12
expensive phone on the market, but also the largest volume seller that you just never you're never able to pull that
00:30:18
off. And they continue to sell more and more of these these iPhones. It doesn't look I we keep predicting it's going to
00:30:25
be spatial computing or there's something else. Doesn't appear it appears that they're stronger than ever.
00:30:30
Amazon, which again is my big tech stock pick for 26, beat on bottom and top lines, up 13%, good AWS growth. uh by the way sent the stock up 13% after
00:30:43
hours. AWS reported 20% growth versus a whisper of 19. Uh they performance push back on their kind of AWS performance pushed back on the overhang here and that the overhang or the cloud over
00:30:56
their cloud offering is that it's behind an AI. Their cloud growth hit its fastest pace uh in three years and
00:31:03
Amazon added 3.8 gawatts of new power capacity more than any other cloud provider. So they're going further
00:31:09
downstream and giving the market more comfort that they have the power to actually do this [ __ ] It opens
00:31:14
something called Project Reneer, an 11 billion AI data center built to run anthropic models, which is part of a
00:31:22
partnership that will see Anthropic using 1 million Tranium 2 chips by the end of 2025.
00:31:28
That's a big part. That's Anthropic's big partner. Well, and get get used to this term tranium 2 because I had never heard this
00:31:34
term. Tranium 2 is Amazon's inhouse AI chip that has become a multi-billion dollar business growing 150% not year-on-year
00:31:45
quarteron quarter. So now Amazon is in kind of the niche Nvidia business. Let me just tell you, you think they all want to depend on Nvidia? No. No. Oh, they're all trying to figure out a chip. Oh, no. He He's got he's got a limited
00:31:58
time. And Amazon raised its 2025 capex forecast to 125 billion, signaling that AI demand is still accelerating. And by the way, you brought up a key component, and that is as a percentage of their
00:32:09
topline revenue, Apple is dramatically an underst. So are they riding on the rails? What's going They're riding on the rails because you see AI throughout the phone. I'll tell you, in this new system, it's
00:32:20
always answering AI like questions. Although, you know, whether you're using another app, every app has it in it. It just is using other people's AI is what
00:32:31
it is. They're at a different point in the life cycle and that is Apple. Here's the problem. When shareholders get used to
00:32:38
profits, it's like their lips get around the crackpipe of profit and you take the crackpipe away, they get very angry. And
00:32:46
basically Apple, I don't want to say it's a it's a financial engineering company, but basically their share
00:32:52
buybacks, they've bought back like a third or a half of their stock. And the way their stock keeps going up is they
00:32:58
are a cash generation machine and they use that to buy back stock. So if if a company whereas with Meta and Amazon
00:33:05
people were sort of have a very recent memory of extraordinary capex and doesn't punish Amazon to the same extent if they reduce their profitability. In put another way, Apple acts and behaves
00:33:18
and has shareholder expectations. It is more of a mature company, whereas the other three are still seen more as
00:33:24
growth companies in their shareholder base has a greater tolerance for um a greater tolerance for investment. So, for example, you mentioned Jeff Buucas. The reason Jeff Buucas sold at the top
00:33:36
of the market and convinced his board we should sell to these drunken fools at AT&T if they're willing to pay this
00:33:41
money. Because if you want me to compete with Netflix, I've got to go from being very profitable to very unprofitable and our
00:33:48
shareholder base didn't sign up for that and there's going to be a revolt and this thing's going to sell off like crazy.
00:33:54
So, and in addition, I I'm just blown away by Amazon's push in automation. If not for a onetime FTC charge and severance costs, operating
00:34:05
margins would have hit 12%, which is a record high. And again the the piece of the earnings call that just blew my mind
00:34:13
was in their retail unit. Mhm. They are they are predicting in 2033 by 2032 or 2033 in 7 to 8 years they have put this out there we can double the
00:34:25
revenue of the second largest retailer by gross dollar volume in history just behind Walmart with no additional
00:34:33
people. Yeah. Automation. Automation. You know what? By the way, they're way behind
00:34:38
China. Just so you know, just like you've seen some of this automation stuff happening. I think, and I have
00:34:43
said this over and over again, I wish you would focus on it, is everyone's focused on AA AI. I focus on robots and
00:34:49
automation like that to me is where these leaps and bounds are happening in ways that really truly do save money in
00:34:56
a in a different way. I we I think AI combined with automation and having just been in Korea and seeing some of this,
00:35:02
it's really quite astonishing the cost savings um in so many ways and and how far this automation has gone. I think it's I I think it's the unto I think AI gets is is doing the fan dance, but
00:35:14
automation is something people should be paying attention to and and Amazon has always been forefront when they bought KA. Uh it really made me sit up and take notice at the time that was many many
00:35:25
years ago. All right. Uh other other interesting news, President Trump says that Nvidia's most powerful AI chips,
00:35:31
the Blackwell series, are staying in America. Trump told uh 60 Minutes that China and possibly other countries
00:35:37
wouldn't uh be allowed to buy them. Basically keeping America's AI technology at home. Uh Trump did did
00:35:43
leave the door open for China to buy less advanced Nvidia chips, which they are apparently, but not the top tier
00:35:48
stuff. This came just days after he met with uh Chinese President Xihinping in South Korea where Trump said the chip issue didn't actually come up in conversation. So this is a result of all
00:36:00
the Trump flossing of Jensen Hong. I don't I was a little confused by the this statement. Um but I guess they're
00:36:07
not going to be able to sell them. So yeah, there's a very interesting debate taking place in the dynamics around global
00:36:14
trade and that is we sequester or embargo our chips from being shipped our best chips being shipped to China. Now the question is should we not be letting China create parody in terms of the most
00:36:28
sophisticated brains to power weapons media or was that just motivation for them to do a workaround? That's right. Mhm. So, and and by the way, I don't I don't
00:36:40
feel like I have an answer on that. I think it's a really interesting argument. Let them steal our stuff and do a
00:36:46
workound. I think that's the you left that. Well, that's right. You create incentive for them to call on their operatives.
00:36:53
And by the way, I think what's interesting is I was speaking to someone who was in our intelligence apparatus
00:36:59
and he's like, "Do you realize no spy ever thinks they're doing anything wrong? If you're a Chinese national and
00:37:05
you're given an unbelievable opportunity to come study in the US and they get you a job at Google from someone they know who shall remain nameless and they start
00:37:10
asking for your advisory and your help on stuff, you don't feel like a spy, right? You don't feel like you're spying
00:37:16
for the US. And there are Chinese operatives everywhere. There are Chinese soft assets everywhere. And their
00:37:23
playbook is okay if you're if seammens if you're not going to sell us these cell towers because you see strategic
00:37:28
initiative in it. I don't know that was the case we'll figure out a way to reverse engineer them get some key critical IP copy it and sell it back to
00:37:35
you for 40 cents on the dollar which your telco operators are going to love. So would it be would we be better off
00:37:41
capturing all that shareholder value and saying okay we'll sell you these GPU hoppers. I don't know the answer to that. I think it's a real conundrum.
00:37:48
What I've I'm increasingly convinced of and when this is our prediction a couple weeks ago, I think if China really
00:37:56
wanted to go for our heart and lungs and really like go for the jugular, they would be spending a lot of money and
00:38:02
coordinating an effort to dump. So the US steel industry essentially the Chinese were convinced were accused of dumping and that was okay produce we have all these steel plants in mainland
00:38:14
China. We're gonna dump we're gonna dump steel into the US, meaning we're going to price it below even production costs.
00:38:21
We're going to put every US steel company out of business and we're going to consolidate the market and then we'll raise prices. And by the way, a lot of
00:38:26
big tech companies are accused of that. Amazon was accused essentially of dumping retail, pricing it below their
00:38:32
cost. No retailer could keep up. Boom. They own 50% of all e-commerce. And what do you know? They have slowly but surely
00:38:38
raised their prices. Right? I believe that China, the CCP, the key gangster move for them would be to dump AI, would be to dump LLMs. And that is
00:38:51
create a series of LLMs and maybe chips and even new technologies, open- source,
00:38:57
openw weight, dump it into the US market, and basically ruin Sam Alman's fever dreams of having a trillion dollar
00:39:03
IPO, right? when every college kid starts using this new LLM or AI that is free and they can download in a second and or or big enterprises start signing
00:39:16
up for enterprise licenses or they say we have a new a new LLM and a new AI technology that's not going to require you to build a bunch of nuclear power plants. If I were she I'd be like okay
00:39:26
we're not going to we're not going to go after them wi kinetically or economically. What we're going to do is
00:39:33
we're just going to engage in AI dumping because it is it is so striking. Do you
00:39:39
realize if it wasn't for AA right now the market would be flat flat? Yeah. You said and this is what's
00:39:46
you you made the thing that Amanda still brings up is which is like Trump would be in a lot more trouble if AI hadn't
00:39:53
been boosting. We'd be in recession. We recession. GDP GDP growth would be zero to negative right now if it wasn't
00:40:00
for AI and the promise of AI. And all you need to do is pop that balloon and say, "Guess what?"
00:40:06
Yeah. We're we're an old navy your ass. We're going to offer 80% of your expensive LLMs and expensive technology and we're
00:40:12
going to do it for not 50% of the price, for 0% of the price. And the thing about China is that the CCP can do this. They
00:40:19
run their companies for control, not for profit. But that I I think there's real existential threats here from China
00:40:26
around AI. Well, we'll see if they do it. We're going to blame you, Scott Galloway. There you go. Um, happy birthday. Um, well, we'll see
00:40:33
what happens here. But you're right. You're right. This is this is all an AI party that we're all living in and we'll
00:40:38
see if that sustains itself. All right, Scott. Um, although if you're a dooms doom, this the problem with the AI
00:40:44
people is you have one normal critical thing to say and they're like, "You're a doomsayer." And you're like, "No, I just
00:40:51
am a reasonable person that wonders, you know, that everything isn't going up and to the right." And speaking of which,
00:40:57
let's go on a quick break when we come back. Elon says, "Flying cards are coming soon." Sure.
00:41:03
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00:42:09
Scott, we're back. Elon Musk is talking about the Tesla Roadster again. Remember the sports car he's been promising for
00:42:16
about eight years. That's, you know, when we were supposed to land on Mars and before that we were supposed to get full autonomous. None of which has
00:42:23
happened. Um he told Joe Rogan that Tesla is hoping to finally unveil it before the end of this year and hinted
00:42:28
that it might be able to fly. Uh he can't even deliver the car, but this is what he said. Let's listen to what he
00:42:34
said about it. Like this is some crazy crazy technology we got in this car. Crazy
00:42:41
technology. Crazy. Crazy. So different than what was previously announced. And yes. And is that why you haven't released it yet? Cuz you keep [ __ ] with it.
00:42:55
It has crazy technology. Okay. Like is it even a car? I'm not sure. It's like It looks like a car. Let's just put this way. It it's it's crazier than anything James Bond. If you
00:43:10
took all the James Bond cars and combined them, it's crazier than that. Um, he seems crazy as always. He's making this up. I'm sorry. This is crazy to listen to him. And Joe Rogan, I I I
00:43:22
I'm I don't mind Joe Rogan in his dumb incredul, but God, can you ask a question? Like, hey, you haven't come out with it. comments came right after Sam Alman posted that his who is uh
00:43:35
Musk's archeneemy posted that he tried to cancel his roster reservation from 2018 saying look I get delays happen but
00:43:41
seven and a half years is a bit much. Um Musk's got that huge shareholder vote coming this week about his trillion
00:43:47
dollar compensation package so he's on the road talking to uh incredulous people like Joe Rogan. Um I mean just
00:43:55
deliver the [ __ ] car, dude. Like it doesn't have to fly. Like this is just nonsense. This is another one of his
00:44:01
promises that promises made, promises broken essentially. I don't know. What do you think? Well, okay. So, let's just look at the data. It's been 2400 days since Elon
00:44:12
said there would be 1 million Tesla robotoxies within the year. Oh, yeah. That was I forgot. 3100 days since he said all
00:44:18
superchargers were being converted to solar. It's been 3,300 days since Tesla started
00:44:23
charging customers for self-driving software that he said would be able to drive from LA to New York City autonomously by the end of 2017. That
00:44:30
still hasn't happened eight years later. Yeah. It's been,00 days since he predicted that under his leadership, Twitter could
00:44:36
reach a billion monthly users. Oh, that. Yeah. It's been 1,700 days since he announced that he'd be uploading a full
00:44:42
self-driving button to Teslas. This is no different. I love your data. I love Scott brings
00:44:48
the data. There you go. Because you're a man. That's why. Notes of being a man. Bring the data.
00:44:53
Swinging on those vines of data. Um, look, this is no different. Okay, so Trump will say and do anything to create a distraction from Epstein. Musk will
00:45:07
say and promise anything to distract from the fact this is a [ __ ] car company that should be worth 90% less
00:45:14
than what it's worth right now. The Rebovven. Yeah. Did you see that chart I sent you? 312 times earnings compared to like
00:45:22
Apple at 30 or whatever. No, it's become a meme stock. And and by the way, this is not financial advice, but don't short this thing. It could Who knows? They'd be crazy. But I remember that I think it was the
00:45:34
spy who loved me. They had this amazing car, bon car. So I'm I'm fascinated by space, the one that went into space. Uh they didn't have a car that went into
00:45:46
space. They've had a flying car and the man with the golden gun. And then they had a car that went underwater. Underwater one. Yeah. Oh, I think that
00:45:53
was a spy lemmy, but I forget. Anyways, I know a little bit about aviation. It's always fascinated me. I'm an investor in
00:45:58
two aviation companies. A company called Boom Technologies, which is trying to create the first commercial supersonic plane since the
00:46:05
Concord. And I'm an investor in vertical aerospace in Europe, which is trying to create
00:46:12
it's basically like a drone that carries people. Vertical lift and takeoff. Yeah, exactly. It's a super hot space.
00:46:18
Joby and Archer are the two SUS leaders and uh vertical vertical aerospace is the European leader. I know how much time, capital and more
00:46:28
than anything else regulation is involved in producing falls on a like a Christmas tree. Well,
00:46:35
one of the great unlock one of the great unlocks in our economy is that the FAA has basically said we're going to
00:46:41
certify these things to like four or five sigma, meaning that that okay, there's going to be 10,000 crash fatal
00:46:49
or automobile accidents. America has been normalized by that. We have to get people so comfortable with this
00:46:54
unnatural act of flying across the surface of the atmosphere at 7/10 the speed of sound in a metal tube with
00:47:00
recirculated oxygen which quite frankly feels very unnatural. Oh, thank you. So, we've got to make it. Go ahead.
00:47:06
We've got Pardon. I'm have to get on a plane tomorrow morning. But the reason why people don't just
00:47:11
[ __ ] freak out and refuse to fly is that it's the safest form of travel ever invented. I mean, it's just we used
00:47:19
to have to eat our nieces and nephews to get across the Rockies. Now it takes us a couple hours and we get peanuts in a
00:47:25
ginger ale. And no matter how neurotic you are, you tried to let your data take over and realize the drive to the airport was about 30 times more dangerous than actually the plane ride.
00:47:36
But my point is the certification to get a flying vehicle. This is all just [ __ ] nonsense. This is nothing but don't look at Jeffrey Epstein. Don't
00:47:47
talk about Jeffrey Epstein and don't dare you you refer to my company as just a great automobile company that should be trading at an 80 billion market cap,
00:47:58
not a 1.4 trillion market cap. Y this is continued jazz hands and distraction. Nobody does it better than this guy. Yeah, he's like PT Barnum but except he doesn't provide.
00:48:09
He's very good at this. And so immediately I got caught up like it piqued my interest and I forwarded it to
00:48:15
the guys at Vertical Aerospace and they came back and said, "Yeah, they'll show a video of this thing hovering 15 ft off
00:48:21
the ground." It takes, I'm not exaggerating, it takes 10 years and billions to get any new aircraft into the air where you can take passengers in it.
00:48:32
Are you kidding? He can't even get the robo taxis going that well. Whimo is running right over him. And the same
00:48:37
thing with these, you're right, he will release some photographs. He doesn't have a Roadster. He announced a Roadster in 2018. And Sam Sam Alman
00:48:44
keeps posting screenshots of his $50,000 deposit waiting for his Roadster to show up. Yeah, he's asked for it back. But I
00:48:50
mean, it's just rid. It doesn't It's not going to fly. And by the way, other people have been working on it. People don't know like Larry Paige was invested
00:48:57
in one of those flying car. I don't doubt someday there'll be a hovercrafty kind of car. Not after we're long dead,
00:49:04
but they'll be a hovercraft type of car, but it's not going to be widespread for until long after you, me, and Elon have
00:49:12
left this planet like, and not in the good way. Um, this is just nonsense. And he's just doing it because he's on his little tour to show that he's like the master inventor and deserves a trillion
00:49:23
dollar. No, it's distraction. I got to distract. He's not the master inventor anymore, folks. He's just not. He should he could
00:49:29
have done a lot more and said he's wasted his time on whatever the [ __ ] he's doing. And this is I don't just I'm I think that's a little
00:49:36
bit unfair. I think SpaceX is is extraordinary. I do win shot. Well, then I give her all the credit. Well, but he hired her. You got to give him some credit. Whatever. Great. Greatness is in the agency of others and
00:49:47
he's had enough credit for her work. I I'm just feel like it's her now. Well, and and I get credit for your
00:49:52
work. I show up and press press record and you've done most of the hard work. you you've you've more than
00:49:59
leveled up. Let's just say you've more than Thank you. He has not. He has not. Thank you for that. Um anyway, um I know you're kind to him,
00:50:07
but this is just doing this kind of stuff. I wouldn't describe myself as kind to Elon Musk, but I know that. But what I'm saying, doing
00:50:13
this kind of stuff tells me everything, which is like it's crazy. Can't tell you.
00:50:19
That's why I haven't gotten and then Joe Rogan. I mean, it's literally like the biggest cockt.
00:50:25
It's like, okay, come on. Oh, you mean you haven't delivered to us not cuz you're incompetent, but because there's more like, wait, mrna vaccines all to your DNA,
00:50:36
huh? That's super. No one's talking about it. Whoa. No one's talking about it. Anyway, whatever. What? I I don't have a
00:50:43
problem with Joe Rogan being as incredulous as he is. That's his brand. Anyway, uh, one more quick break. will
00:50:48
be back for wins and fails. Support for the show comes from Apple. Before the show was even a podcast, all I had was an idea. And once I had that, all I really needed to get started was a
00:51:00
mic and a Mac. I have been starting businesses my whole life. One thing that has been static, a constant in all of my
00:51:07
business is Apple products. They just work. They send the right signal. Uh it sounds sort of strange, but they make me feel good about myself. They make me feel creative. but they have been just the foundation upon which I have built
00:51:20
my businesses. No matter what you have an idea for, whether it's starting the business you've been dreaming of, a
00:51:25
game-changing piece of tech, or finally writing that book, go for it. You just need to get started. Your great ideas
00:51:32
start on Mac. Find out more on apple.com/mac. Okay, Scott, let's hear some wins and fails. You go first. Uh so while we were
00:51:45
sleeping uh Amazon struck a deal with open AI. Their cloud arm signed a $ 38 billion
00:51:51
deal with open AI. Yeah, we mentioned that. Yeah. And u it matters because if you control
00:51:56
the infrastructure and AI models, you sort of set the terms and I do think this is uh you know again I think Amazon
00:52:06
is on a roll here and about to bust out. Uh, my fail is pretty straightforward. Stop using children as human shields. And this is just not,
00:52:21
you know, the the most critical thing regardless of what you and I apologize for bringing this up. The most critical
00:52:27
thing you could say of Hamas was that they were using children as human shields. Whether you believe that's true or not, that is the worst insult you
00:52:33
could make. I would agree with you on that. That was the worst insult you could make of anybody. And I think the Republicans
00:52:39
are in a position to utilize and unlock emergency funds such that 14 million children have food. And instead they've said no because they care more about
00:52:51
kids than we do. And it'll put pressure on them. This is depraved. It is the exact opposite of what it means to be a representative leader. It's the exact opposite of what it means to pretend to
00:53:02
be masculine or a man or a leader. And by the way, I want to be clear. masculinity comes from men and women.
00:53:08
It's also I won't get into gender, but it's it's just so I it's so embarrassing that the
00:53:15
world's most prosperous country has decided to engage in political warfare and use children as human shields.
00:53:23
Also, some of the misinformation about what people can buy on SNAP, they're quite strict and there's hair weaves and extensions.
00:53:29
Oh my god, stop it. You can you can you can't even buy like a roasted chicken. I don't think you can buy alcohol, can
00:53:35
you? I I go to the store. I see what's the snaps of it's that's where I get my calories is from is from Melos. Like every congressman that does
00:53:42
that, I literally want to reach to the TV and throttle them. It's not true. It's not popsicles and hair weaves,
00:53:47
folks. And which is also a a version of racis like the way the words they're using are so ridiculous. Um there's a
00:53:53
lot of the this stuff in in red states, white people, poor people. There's all kinds of poor people in this country that are going to suffer and they're not going to eat. That's really what they're
00:54:04
not going to do. And so the fact that it has to be made up for by charities and uh people's other pe you know people around the country when our government we've paid into our government to pay
00:54:15
for things like this and it's worthwhile and it is not being abused by people and meanwhile they have a Gatsby thing. Oh
00:54:21
just drives me crazy. You're 100% right. Do you have any Winston fails car? Yes I do. Uh my fail was the interview
00:54:27
on 60 Minutes of It was a really disappointing interview of Trump. Um I he he lied. Listen, it was good for him.
00:54:34
He just lied continually and they didn't catch him. I was dying. I like Norah O'Donnell. I think she's very smart. I
00:54:39
thought she did a very tough interview with Kla Harris. I wish that Norah O'Donnell had shown up. Um I wish Chris
00:54:46
Wallace was there. I wish Brett Bearer was there. He did a pretty tough What happened to Chris Wallace? Chris, where are you?
00:54:51
He's working. He's actually advising Paramount, oddly enough. I wish he would had done the interview, honestly. He did
00:54:56
a really tough interview on Trump that was fair, too. Same. Brett Bear did a pretty tough one, too. Um, and I don't
00:55:02
often think that's the case. I have new found I told you I went to that Master of the Universe weekend and Brett did a bunch of panels. I think he
00:55:08
is a very talented journalist. I I didn't know him. I thought I was very impressed by him.
00:55:13
He's a very nice He's my mother's favorite uh Fox News personality. Oh, really? U Yes, indeed. She loves Bear. Um,
00:55:20
he looks like the high school college football star that got a 1400 on the SAT. Oh, does he? Yeah.
00:55:26
He looks like a scholar athlete. Anyways, he likes to sing. That's all I know. He sings. He sings with Warner. Uh Mark
00:55:32
Warner. The two of them sing together. It's weird. Senator Warner likes to sing. I was at a party and they the two of them broke out and I literally was like,
00:55:39
I have to I love Senator Warner. I I was like, I have to leave Washington. I love Senator. If I could if I could if
00:55:45
if if I could have anyone of you, let's just If I could have anyone be president right now installed and it wouldn't
00:55:52
cause revolution because the right doesn't think he's crazy left, it would be Senator Mark Warner. Yeah. Yeah, he's uh he's a great he's a
00:55:59
great guy. I had dinner with him recently. Um but uh you always have to one up me. I just tell you he likes you. He talks
00:56:05
about you all the time. He's like, "How's Scott? How's Scott?" You know, I like him too. Anyway, he and Brett Bear
00:56:10
sang a delightful duet at a party I was at once and it was quite Anyway, I thought it was a failure of an interview
00:56:15
and I'm it was embarrassing actually for 60 minutes. Uh and it gets some better better questions. I think Norah certainly could have handled it but didn't in this case. Um, and let Trump
00:56:26
go on and on and on. I liked her episode with Peter Atia where they we got to see how long she could do a free hang.
00:56:31
She's in good shape. Anyway, um, uh, my win of course is Scott Galloway. Let's go to the top of the best. You've been so supportive. I think you're missing. Why wouldn't I be? Would you not be
00:56:43
No, I literally think you're missing having boys around. You've been like this supportive of children to support. My children are
00:56:50
very demanding in many ways. It's embarrassing. I do not take compliments. Wow. I know. You don't just take it.
00:56:55
Happy birthday, first of all. I know you don't like it, but I'm happy it's your birthday. I'm glad you're still here. It
00:57:01
hurts. Let's just say um Don't worry. I will feed you when you bet 92. I'll be feeding you soft foods. Don't worry. We're going to be like, do you know that I'll do you know those guys from from
00:57:14
Viv at the end when they're showing them later in life? Yeah. And that guy is so foul and rude to his
00:57:19
intern. Yeah. and his in and then he's pushing his intern around in a wheelchair just insulting him.
00:57:24
Yes. Yes. Exactly. It's gonna be you pushing me around. Yes, I am going to do that. Anyway, I hope you get to the top of the list. I'm
00:57:30
very excited for your tour that's coming up. Um, and we want to hear from you. Send us your questions about business
00:57:35
tech or whatever's on your mind. Go to nymag.com/pivot. Submit a question for the show or call 85551 pivot. Speaking of Scott Galloway,
00:57:43
elsewhere in the Karen Scott universe, on the latest episode of On with Caris Fisher, I spoke with someone named Scott
00:57:48
Galloway about his new book, Notes on Being a Man. Here we go. Not enough Scott. We don't have enough Scott here.
00:57:54
I know we don't. This We have our show. We can use it to talk about ourselves in our our work. It's a very good book.
00:58:00
Anyway, you talked um very candidly about your father like you did on the view. I don't think he weeped, but let's
00:58:05
listen to a clip. for 10 years, the last 20 years of his life, whenever we talk on the phone, he'd say, "I love you." And it took me 10 years to say it back because it just felt awkward. I'm like, "Dad, I could have used this at 8. I
00:58:17
don't need it at 38." But let me put it this way. At a very basic level, Cara, he tried. He was
00:58:24
better to me than his father was to me. And also, I have made an exceptional living communicating.
00:58:30
I got that from my father. My father could hold a room like no person. And I have to acknowledge. And just because he didn't try, he didn't give it to me on a
00:58:36
silver platter. There's no reason you can't be grateful. That was a very nice thing. I asked you what good thing because you talked a lot
00:58:42
about the deficits that you faced, but I thought it was important to point out the good things. Well, this is this is going to be
00:58:48
shocking to our viewers. You're actually a you know, a decent a decent kind of mediocre maybe good interviewer. You're
00:58:54
actually okay. You're you know, you're getting there. I heard people getting there. Not bad. Not bad. Thank you. It was a good interview and you're going to see a lot of Scott, but
00:59:04
that's the one you should pay attention to. Anyway, uh that's the show. Thanks for listening to Pivot and be sure to like and subscribe to our YouTube
00:59:11
channel. We'll be back on Friday, our last show before our week-long series of shows. We're going to run out of things
00:59:17
to talk about. Uh we're going to we're going to be coming there in Elon's flying car,
00:59:22
obviously. Uh and and maybe we will uh have the Robo Van in one place or something like
00:59:29
that. Anyway, Scott, read us out. Today's show is produced by Larara Neman, Zoe, Marcus Taylor Griffin, and
00:59:34
Christine Driscoll. Aaliyah Jackson engineered this episode. Jim ML edited the video. Thanks also to Jubos, Miss
00:59:41
Seo, Dan Shalon, and Kate Gallagher. Nishak Kuras, Vox Media's executive producer podcast. Make sure to follow
00:59:46
Pivot on your favorite podcast platform. Thanks for listening to Pivot from New York Magazine and Vox Media. You can
00:59:51
subscribe to the magazine at nymag.com/pod. We'll be back later this week for another breakdown of all things tech and business.