Tech Stock Troubles: Cause for Concern or Healthy Reset? | Pivot
Episode Description
The Pivot Tour has landed in Kara's beloved San Francisco! Kara and Scott chat with Mayor Daniel Lurie about the city’s revitalization — and Trump’s threat to send in troops. Then, tech stocks take a tumble, and the fallout from the Epstein emails grows. Plus, Scott gets a surprise visit from someone in his past!
Timestamps: 00:00 Intro 1:11 SF Mayor Daniel Lurie Interview 19:53 Tech Stock Sell-off 31:52 Epstein Emails Fallout 48:08 Trump’s Visa Denial Policy 57:10 Q&A
Producers: Lara Naaman Zoë Marcus Taylor Griffin Kate Gallagher
Video Editor: Jim Mackil
Vox Media's Executive Producer of Podcasts: Nishat Kurwa
Send us your questions by calling us at 855-51-PIVOT, or email [email protected]
Brief Summary
Mayor Lurri discusses housing, public safety, and tech's role in San Francisco's recovery.
Key points
- Public Safety and Crime Rates. Crime rates in San Francisco are down significantly, indicating a recovery in public safety.
- Tech Industry's Role. The tech industry is both blamed for the affordability crisis and seen as essential for recovery.
- Nvidia's Market Cap and Economic Risks. Nvidia's staggering worth poses a risk to the global economy if it falters.
- The Dark Side of Market Illusions. The S&P and NASDAQ create a false sense of prosperity.
- AI's Impact on the Market. The reliance on a few tech companies could lead to a market crash.
- Justice System's Flaws. The commercialization of clemency and pardons undermines justice.
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- Public Safety and Crime RatesCrime rates in San Francisco are down significantly, indicating a recovery in public safety.“We're down 30% year-over-year in terms of crime.”3:46Nov 17, 2025
- Tech Industry's RoleThe tech industry is both blamed for the affordability crisis and seen as essential for recovery.“A lot of the blame for the affordability crisis is going to the tech industry.”5:07Nov 17, 2025
- Nvidia's Market Cap and Economic RisksNvidia's staggering worth poses a risk to the global economy if it falters.“If Nvidia got cut by 60 to 80%, it still might not look cheap.”24:03Nov 17, 2025
- The Dark Side of Market IllusionsThe S&P and NASDAQ create a false sense of prosperity.“They give the illusion of prosperity. They are not the mainstream economy.”24:58Nov 17, 2025
- AI's Impact on the MarketThe reliance on a few tech companies could lead to a market crash.“We're way too dependent upon these small number of companies.”31:11Nov 17, 2025
- Justice System's FlawsThe commercialization of clemency and pardons undermines justice.“We've bastardized, perverted, and ruined a very important process.”33:09Nov 17, 2025
- Predictions for Trump's PresidencySpeculation on the potential end of Trump's presidency due to scandals.“I think he's not going to make it to the end.”43:54Nov 17, 2025
- Career-Ending ControversiesDiscussion on the need for forgiveness in public figures' mistakes.“We need less career-ending stuff when people [ __ ] up.”45:04Nov 17, 2025
