EVERY SPOKEN WORD
55 min read · 11,180 words- 0:00 – 0:18
Intro
- SGScott Galloway
Every election is a choice, not a marriage proposal. We're not hiring a priest. We're hiring a senator.
- KSKara Swisher
[upbeat music] Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Kara Swisher.
- SGScott Galloway
And I'm Scott Galloway.
- KSKara Swisher
With just a week
- 0:18 – 13:20
Platner’s Campaign Controversies
- KSKara Swisher
to go before Maine Senate primary, Graham Platner, the presumptive Democratic nominee, is facing his latest controversy. Multiple outlets reported over the weekend that Platner's wife told a campaign aide last year that her husband sent sexually explicit texts to several women outside of the marriage. Um, by the way, this campaign person had a falling out with Platner and has dropped a dime, which is, has its own ethical considerations. Platner is calling these reports gossip from a former staffer and accused the media of journalistic malpractice. Not, as of this recording, none of the women involved in the, in the text exchanges have come forward. Platner's wife, Amy Gertner, released a video, which I thought was fascinating, over the weekend defending her husband and their marriage. Let's listen, 'cause it was really quite something to, to listen to.
- SPSpeaker
It makes me really angry, um, disappointed, and I find it really shameful that there's a group of media outlets and people who are willing to spread gossip, um, instead of talking about real issues that Graham is, is running on, like healthcare and education and childcare.
- KSKara Swisher
As I said, it's the... You know, this cont- this has been a controversial campaign. You know, he reportedly has an active account on Kik, it's a private messaging app sometimes used for sexting. He's faced scrutiny, of course, about his Nazi symbol tattoo. He later expressed regret and covered it up. There were posts from a deleted Reddit account where he said all manner of sexual, you know, jokes about sexual assault, and he's also apologized for that. It's a really interesting issue, and lots of people disagree on this. I, I'll, I'll tell you what I think in a second, but there's... Platner appears to be the real chance of u- unseating Republican Susan Collins, and, uh, [laughs] who is the zombie of all senators. He's been leading in recent polls. Um, I personally, I'm gonna just very quickly say, I think voters don't care about this. I don't, and I thought his wife handled it well. Um, I have others... I had an argument with Amanda this weekend. She doesn't like the Nazi tattoo. She doesn't like this. Um, I feel as if, if they, if the husband and wife are working it out, it reminded me a little when Hillary Clinton did, "I, should I stand by my man" when he had those Gennifer Flowers things. Reminds me a little bit of that. Um, turned out to be a pretty good president. Not everything. Not, of course, the Monica Lewinsky stuff. But, um, uh, it's a really interesting question. I don't get bothered by it as much, none of it. Um, I think he's an, he's, as Amanda Litman correctly said, he's someone who had a drinking problem as a Marine, probably got that tattoo, has some mental health challenges which he's trying to overcome, marriage problems which he's, his wife is insisting they're going to counselors and overcoming. I'm not so sure in the era of Trump this matters a- at all. So what do you think?
- SGScott Galloway
Look, okay. Every election is a choice, not a marriage proposal. W- w- we're not hiring a priest. We're hiring a senator. Do you wanna make sure that women's rights aren't continued to be rolled back? Do you want a more responsible economic policy? Do you want different, um, approaches to labor that raise the wages of nurses and students? Do you want something regarding fiscal sanity? Do you wanna stop, have a check against the unfettered, unprecedented corruption? But we're gonna talk about fucking tattoos and sexting? I mean, the, the obsess- the obsession with personal purity has become a luxury belief. And it-- Folks, if your house is on fire, you don't ask whether the firefighter has problematic DMs.
- KSKara Swisher
Right. Right.
- SGScott Galloway
Now, having said that-
- KSKara Swisher
Right
- SGScott Galloway
... the comms person for the Platner campaign should be fired.
- KSKara Swisher
Mm.
- SGScott Galloway
The... You don't go after media. You don't say, "This is gossip."
- KSKara Swisher
Right.
- SGScott Galloway
You don't say these are texts... He said it was, it was-
- KSKara Swisher
He did. He did
- SGScott Galloway
... journalistic malpractice. Guess what? These texts are accurate.
- KSKara Swisher
Right. That's correct.
- SGScott Galloway
The reporting has been-
- KSKara Swisher
Oh
- SGScott Galloway
... accurate.
- KSKara Swisher
Good for you, Scott. Go ahead.
- SGScott Galloway
The response should be the following: "I am an imperfect man. I have demonstrated terrible judgment on several occasions in my marriage, and I have a great marriage." What about you? What about you? That... Are we gonna continue to have one strike and you're out? I'm a Jew. I don't love a Totenkopf tattoo. Okay, if he gets drunk one night and gets a stupid fucking tattoo, the fact that he's trying to protect our liberties the next day and might be blown up by an IED, he gets a hall pass. So okay, folks, if you wanna keep applying purity tests, we end up with an incompetent running against a 9/11 denier in Los Angeles. We're not gonna have any candidates-
- KSKara Swisher
Right
- SGScott Galloway
... running.
- KSKara Swisher
Right.
- SGScott Galloway
So, uh, one, stop the purity tests, and two, the, the Platner campaign, it, it, it's not the crisis that brings people down.
- KSKara Swisher
Right.
- SGScott Galloway
It's their inability to own it.
- KSKara Swisher
Right.
- SGScott Galloway
"I fucked up."
- KSKara Swisher
Did you, well, did you watch his wife's thing? I thought it was... It reminded me a lot of the Hillary... Remember when Hillary Clinton and Bill Clinton-
- SGScott Galloway
When Hillary sat it down
- 13:20 – 23:58
Jay Shetty’s Netflix + Spotify Deal
- KSKara Swisher
Jay Shetty has signed a deal to bring a video version of his show exclusively to Spotify and Netflix, another one of these deals which is interesting. The deal is reportedly over, worth over $100 million over multiple years. Who knows? Um, Shetty and his previous partner, iHeart, uh, Media, parted ways. Uh, they could not come to terms. This is something happening. Obviously, Scott and I went through a bunch of this, not this amount of money, but it's a really interesting, um, that n- uh, Netflix and Spot-
- SGScott Galloway
Kara, I hate to break it to you-
- KSKara Swisher
What, what?
- SGScott Galloway
... but over five years, we're getting more than this.
- KSKara Swisher
Oh, okay. All right.
- SGScott Galloway
And that's why we're imperfect allies, as you realize.
- KSKara Swisher
[laughs]
- SGScott Galloway
I'm bank.
- KSKara Swisher
Yeah, we're pretty high on the news list this week, I was noticing.
- SGScott Galloway
Yeah.
- KSKara Swisher
We're moving up. We still haven't passed Megan Kelly, but we will. Um-
- SGScott Galloway
We're coming for you, Megan.
- KSKara Swisher
We're coming for you, Megan. And not, like, that way, in any way physically or just we're-
- SGScott Galloway
No, in, in the Apple Podcast ranking charts.
- KSKara Swisher
In the Apple Podcast ranking charts.
- SGScott Galloway
Let's be definitive.
- KSKara Swisher
Let's be clear so you don't make a show out of it. Um, so, uh, but talk about these deals 'cause they're really, 'cause you can't go on YouTube is all of them, right? Is that, and he was, he did it the, the normal way, which is an iHeart deal. You could do those. There's a bunch of companies like this. But now, this was a, this is for Spotify and Netflix, which is interesting, and Spotify had tried, you know, the Rogan thing, obviously. They did, signed a bunch of deals that didn't work out. Um, you know, and so talk a little bit about this. What do you, how do you look at this market right now, and what do these indicate to you?
- SGScott Galloway
Well, first off, uh, let me just say with, with Jay, I'm really happy for him. I b- I don't know him well, but I know him. I've been on his podcast a couple times. I think he's a lovely man, and I think he does a good job, and essentially, what he realized is the most valuable media asset i- in podcasting isn't sports like it is on cable TV, it's loneliness. He figured how to monetize the largest market in America, and that is people who need a friend. And so, uh, and, okay, so I'm happy for Jay. I think he does a great job. And by the way, I cannot get over, and I think it's total bullshit, all the hate that Jay and Mel Robbins get.
- KSKara Swisher
They get a lot.
- SGScott Galloway
And it's just like-
- KSKara Swisher
They get a lot
- SGScott Galloway
... okay, uh, don't listen to their podcast. They're not bad people.
- KSKara Swisher
Yeah, I, that's how I feel. I don't, I'm not a big fan of... I mean, I like them p- I like Mel personally, but I just, I get why people find it annoying. It's a little bit much.
- SGScott Galloway
Fine, then don't listen to it, but they-
- KSKara Swisher
I was literally in an elevator and someone says, "Do you know Mel Robbins? I find her very annoying." I'm like, "Okay."
- SGScott Galloway
Then don't listen.
- KSKara Swisher
That's what I said [laughs] 'cause-
- SGScott Galloway
But if you go on TikTok-
- KSKara Swisher
... it was literally apropos of nothing
- SGScott Galloway
... I mean, the reality is any bestselling author, if you say, "Bestselling author is full of shit," you get elevated in the r- the ratings. So people are shitposting every bestselling author to get another 70 bucks from, from fucking TikTok. Have at it. But I've never understood the hate for Jay and Mel. I think they're both nice people doing their best, doing good work, and if you don't like their work, which I understand it's not for everybody, you know the whole kind of monk rap-
- 23:58 – 31:50
Anthropic’s IPO
- KSKara Swisher
breaking news. Anthropic just confidentially filed its IPO with the SEC. It has not disclosed the size or terms of the offering. I'm excited for you to read it for me and tell me what's in there. But before that, Anthropic hit a major milestone last week, passing OpenAI to become the most valuable AI startup in the world. The company announced a sixty-five billion dollar funding round. I can't believe I'm saying billion. A round that values at eight-- nine hundred and sixty-five billion, very close to, uh, very close to the top. Um, to put things in perspective, uh, OpenAI announced a seven hundred and thirty billion dollar valuation back in February, but it took the company, uh, to around a decade to reach that number. It just keeps ex-escalating. Anthropic, which was founded five years ago, has beaten the valuation in half the time. Uh, did anyone see this coming? Scott Galloway did. Let's listen to Scott's prediction from February.
- SGScott Galloway
As we sit here today, I actually think that Anthropic, or in the next twelve months from this one of our predictions, is gonna be worth more than OpenAI.
- KSKara Swisher
Very well done. What does this valuation mean for Anthropic's IPO as well as OpenAI and SpaceX? By the way, SpaceX is now targeting an IPO valuation of one point eight trillion dollars after feedback from advisors and investors, according to Bloomberg. That's a step down from the initially reported two trillion. Uh, it's still too much. Um, uh, anyway, uh, thoughts? What do you think? You got that one right, and, uh, we'll be looking at the, the filing when we get to be able to see it, but we don't know a lot yet.
- SGScott Galloway
I don't think any company in the world has the momentum right now of Anthropic, and it was built-- A genius move, they went after the enterprise market. And I mean, the pivot, uh, you have never seen a number two this viciously become the number one this fast.
- KSKara Swisher
Yeah.
- SGScott Galloway
You know, you've never seen Avis overtake Hertz this fast. You've never seen Pepsi overtake Coke like this this fast. And the thing, the thing that's so impressive about this isn't the valuation, it's the speed. Google took twenty years to reach a trillion dollars. Anthropic got there in five. It was founded in twenty twenty-one, and if it had been founded in Amsterdam, it would be one of the five most valuable companies in Europe, and it did it in five years. I mean, it's, it's not capital formation, it's, it's financial teleportation. Five years, zero to a trillion dollars?
- KSKara Swisher
I know. I know. Yeah.
- SGScott Galloway
We keep talking about how AI might transform the world. May-maybe, maybe not, but it's definitely transforming capital formation. And, uh, I mean, the one ad-advantage America has is that we will do these sixty billion dollar rounds after two or three years, and in Europe, they just don't have that type of capital formation. They just-
- KSKara Swisher
Can you-- I want you to give me the downside, 'cause you were-- you de-definitely p- called this, but what would be the worry for you of, of maybe all three IPOs or this one? What would be the warning signs or something you would pay attention to? 'Cause you're not always fully, like, up and to the right as a person.
- SGScott Galloway
Oh. Uh, these stocks and the collective hallucination around the valuations here, one or more of these stocks is gonna be off forty to seventy percent, and it's gonna send the US and the global economy into a recession. The US has become a giant bet on AI, and these companies are overvalued. The technology will survive, these valuations won't. There's just... I'm sorry, SpaceX at a hundred times revenues? You know, uh, OpenAI at... What's it going at, at twenty... Every, every big company we follow has, in the last ten years, been off between forty and seventy percent in a twelve-month period. That's p-fine. That's part of the cycle of high-growth companies, up and down. The difference here is that we've embed the entire economy on these Magnificent Ten. Ninety-three percent of our GDP growth is coming from AI CapEx. So when these companies, you know, they always say company-- I-if the American economy sneezes, the world catches a cold. We're gonna catch fucking pneumonia-
- KSKara Swisher
Right
- SGScott Galloway
... when the expectations... An MIT professor just came out with a study saying ninety-five percent of CFOs aren't seeing the ROI on their investments in AI.
- KSKara Swisher
Right. As we noted last week with the Uber, uh, COO, right, talking about it, about the money spent.
- SGScott Galloway
So the, the danger here is the following. Uh, folks, I, I don't think-- I think Anthropic is the only one of these three that has a reasonable shot at trading above its IPO price twelve months out. There's just gravity. No basketball player has ever been in the air for more than one second. For some reason, one second is the limit. Uh, none of these companies can justify their valuation unless they are able to literally destroy the labor market. I just got off the... I just got off a podcast with the CEO of Lilly, and I said, "AI as it relates to drug discovery, underhyped or overhyped?" This is a measure guy, and he's like, "Overhyped." The, the, the incentives from Amazon that the more u- more tokens you use, the more we'll compensate you, that shit's about to go away, and the first big company that announces we're cutting back our AI spending, you know, you're gonna see the GDP of Germany come out of the market, and unfortunately, the US market-
- KSKara Swisher
Is, is frothy because of that, because of that
- SGScott Galloway
... we're now concentrated, uh, the entire US economy-
- KSKara Swisher
Right
- SGScott Galloway
... is a bet on ten companies.
- KSKara Swisher
You know, I have to say, m-uh, months ago, Mark Cuban said there's gonna be a point where tokens would be more expensive than people. Like, that's-
- SGScott Galloway
I think it's already happened
- KSKara Swisher
... and he wanted me to ask Dario that question.
- SGScott Galloway
Yeah, yeah. It's a great question.
- KSKara Swisher
He was like, I was interviewing him at an off-site thing, and he's like, "That's the question. When do people cost less than tokens?" And tokens are getting too expensive, which is interesting. Anyway, we'll see what happens, but, uh, we'll-- I'm excited for you to read it for me. Um, all right, let's go on a quick break. When we come back, some updates on America's 250th celebration.
- SGScott Galloway
Support for the show comes from BetterHelp. For some, summer is the best season. Travel picks up, kids are out of school, and adventure fills our days. For others, juggling it all can be tough, long, busy days that can lead to an overwhelming feeling of exhaustion and counting down the minutes until the kids are back in school. It's not uncommon for people to worry they're wasting the days of sunshine. That's why it's important to take a step back and take care of yourself during the busy summer season. Therapy can help you slow down and understand your needs, and you can start with BetterHelpWith over 30,000 therapists, BetterHelp is the world's largest online therapy platform, having served over six million people globally. They do the initial matching work for you, so you can focus on your therapy goals. Just fill out a short questionnaire to identify your needs and preferences, and they'll match you with a licensed professional. If you ever wanna switch for any reason, you can do that at any time. You don't have to say yes to everything this summer. Find support in therapy. Sign up and get 10% off at betterhelp.com/pivot. That's better H-E-L-P.com/pivot.
- KSKara Swisher
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- 31:50 – 36:01
America’s 250th
- KSKara Swisher
250th birthday will now be a MAGA rally, apparently. President Trump called for canceling the concert series at the planned event after several musicians dropped out 'cause they, they, they were told it was nonpartisan. It's obviously not nonpartisan. Instead, Trump suggested he should headline the event, calling himself the number one attraction anywhere in the world. But there's a lot... You know, and now his name's gonna be yanked off the, the Kennedy Center. He-- A judge has ordered his name to be taken down. I don't... Again, a lot of performative stuff, but still irritating. Any predictions for the 250th celebration? It feels like no one's any closer to-- Like, he is not backing down on, on celebrating himself, including a $250 bill. Scott Besson has soiled himself once again. So thoughts?
- SGScott Galloway
Yeah, I, you know, it's obnoxious, and we'd like to think that it's bad for him. But, you know, and I hate to admit it, as someone who thinks about brands a lot, uh, you could make an argument that the most successful consumer brand of the last decade isn't Tesla, Apple, or Nike.
- KSKara Swisher
It's Trump. Yeah.
- SGScott Galloway
It's Trump.
- KSKara Swisher
Yeah.
- SGScott Galloway
And y- you know, the, the-
- KSKara Swisher
Well, he's put it out. He's used the presidency to, to-
- SGScott Galloway
That's the right analogy
- KSKara Swisher
... supercharge it. Yeah
- SGScott Galloway
It used to be a public office, and now it's increasingly an entertainment franchise. And I think he has... I, I just think Democrats, like Robert McNamara said, "If you wanna defeat an em- an enemy, you have to empathize with them." There's just no getting around it. The guy has an incredible feel for branding and marketing, and the product is awful. It is, uh, it is, like, the greatest brand. What he's been able to do with this shitty a product, an inconsistent product-
- KSKara Swisher
Yeah, the Bible, the steaks, the water
- SGScott Galloway
... it really is in- incredible. I, I think this is, quite frankly, I think this comes and goes. I don't think it's a big story. What do you think?
- KSKara Swisher
I don't-- I think it's, it makes us all feel bad about America [laughs] on the 250th anniversary. I mean, I'm gonna be somewhere far away, uh, from Washington. Um, and I just think him-- I think all these, these artists pulling out was interesting that, you know, they were like, "Yeah, no." We, we... They, I think they see what's coming.
- SGScott Galloway
Are you going to Vermont? Isn't that where all us-
- KSKara Swisher
Yes
- SGScott Galloway
... people are going?
- KSKara Swisher
That's where I'm going. That's where I'm-
- SGScott Galloway
Okay.
- KSKara Swisher
[laughs] That's exactly where I'm going. It's with Amanda's family.
- SGScott Galloway
Did I get that right?
- KSKara Swisher
You did. [laughs]
- SGScott Galloway
Oh my God. Stereotypes are for a reason.
- KSKara Swisher
It's not me.
- SGScott Galloway
They're for a reason.
- KSKara Swisher
Amanda's family has rebuilt their, their bar... They had a barn house, and it was gonna fall down, and they rebuilt it, and it's very lovely. And so we're going up there. [laughs] That's where we're going.
- SGScott Galloway
I can't believe I got that right.
- KSKara Swisher
You totally got that right. Oh my God. Um, anyway, um, I'll tromp around and hike the boots.
- SGScott Galloway
You got the dog guard for the German shepherd in the back of the Subaru?
- KSKara Swisher
No, I don't have a dog. I would like to have a dog maybe, but they'd mess up my beautiful yard work. Um, so cats don't mess up yard work. They just bring in chipmunks into the house. Um, uh, no, I think it's just... You know, I remember-- Do you remember the 200th? I do. I do. I was with-
- SGScott Galloway
I do. I thought it was nice
- 36:01 – 44:21
Blue Origin Setback
- KSKara Swisher
after its New Glenn rocket exploded during a test on the launchpad last week. The company said all personnel were safe and described the incident as anomaly. Jeff Bezos posted on X, "Very rough day, but we'll rebuild whatever needs rebuilding and get it back to flying. It's worth it." The explosion which damaged Blue Origin's launchpad, which is a critical problem, it's a significant blow. Uh, they've spent about a billion dollars on it at, uh, I think it's at Cape Canaveral, um, to challenge SpaceX in the commercial space race. And one of the things about the New Glenn is they can put up... They're, they're trying with their Leo system, um, to put up lots of satellites. They have a couple hundred and, uh, Space, uh, Starlink has, I don't know, 10,000 or close to 10,000. And so they've been trying to do this, and these New Glenn rockets would put up, I think, 48 or 50 as opposed to a couple that they put up in their smaller rockets. Um, you know, it's a real problem for the launchpad. They only had one for the big, for the big one. And for it to blow up on the launchpad, from what I understand, I've been talking to a lot of rocket people, is bad. Um, it should've blown up in the air of all things because then they would've been able to preserve the launchpad. Um, it's not great. It's not a great thing. And, uh, thank God Elon didn't, didn't commit, you know, go o- on and on about it. He, uh, 'cause he knows he blows up his own rockets frequently. Um, but it's a, it, it would be nice to have more than one, uh, i- in this area, although it's two of the same people, but still the compet- competition. Thoughts?
- SGScott Galloway
Uh, I just couldn't wait to, like, as soon as I saw the explosion, I immediately posted it on Threads and said, "Bezos back on CNBC again."
- KSKara Swisher
[laughs]
- SGScott Galloway
Um, which I thought was really good. It didn't get that many likes, but I thought that was funny. Like, my favorite, I always like to hear the live broadcast because the, the individual-
- KSKara Swisher
Yeah
- SGScott Galloway
... and they're trained to do this, they always call an explosion an anomaly.
- KSKara Swisher
An anomaly, yeah.
- SGScott Galloway
Which is like calling my divorce a scheduling conflict. [laughs]
- KSKara Swisher
[laughs]
- SGScott Galloway
It's like, you know-
- KSKara Swisher
We can make jokes 'cause nobody was killed
- SGScott Galloway
... a disagreement, a mild disagreement.
- KSKara Swisher
Just a little metal mangled, yeah.
- SGScott Galloway
You know?
- KSKara Swisher
Yeah.
- SGScott Galloway
And, and my favorite, I, [laughs] it's like I don't fully understand, and this, this happens all the time, but when a rocket blows up on the launchpad, isn't that like failing a sobriety test in the parking lot?
- KSKara Swisher
Yeah.
- SGScott Galloway
I mean-
- KSKara Swisher
Yeah, yeah
- SGScott Galloway
... you, uh-
- KSKara Swisher
It's not good
- SGScott Galloway
... I need to understand the physics, but, uh, just to be clear-
- KSKara Swisher
Not good
- SGScott Galloway
... one of the reasons private companies like SpaceX and Blue Origin have succeeded or have caught, in some ways surpassed NASA, is that they're allowed to-
- KSKara Swisher
To blow up
- SGScott Galloway
... move further out the risk curve and explode rockets on the launchpad. If NASA did this, there's a feeling of government failure. They can't take these kinds of risks. And to a certain extent, just as I feel like you see, need a certain number of bank failures every once in a while to show that you are allocating capital at close to or near the efficient frontier of growth, you do, I hate to say this, you, I think you do need a certain number of explosions on the launchpad because-
- KSKara Swisher
Yeah, I would agree
- SGScott Galloway
... what that says is it... And by the way, my understanding is not a single person was injured or killed here.
- KSKara Swisher
That's right.
- SGScott Galloway
This is a loss of capital from a company that has access to [laughs] a lot of capital.
- 44:21 – 53:55
Wins and Fails
- KSKara Swisher
and fails. I, I-- Shall you go first or should I?
- SGScott Galloway
No, you go first. I've been doing all the talking.
- KSKara Swisher
Uh, okay, I'm gonna-- When I just interviewed this young man, Theo Baker. It's right here. This is his book, uh, How to Rule the World. Um, and it's about, uh, it's, it's education and power at Stanford University. This is the kid who did all those stories as a seventeen-year-old on the head of Stanford, um, being part of a fals... He didn't falsify the information, but, uh, several papers he had his name on did, and he never moved to correct them. Um, just a g- he's the son of two well-known Washington reporters. I'm not gonna say their names 'cause I, he's his own person. Wonderful book about power techn-- He's a technologist who loves technology. He's also an astonishing reporter. Uh, just a great, uh, really great-- I felt so good for journalism. He started off as a, a, an... Just really is doing-- It got amazing reviews, How to Rule the World, Theo Baker. He's very young. He's just graduating Stanford in two weeks, uh, although he, he's just run right over them with his amazing reporting, and this is a really interesting book, including about this one group called How to Rule the World, the course, the secret course that you have to get tapped for at Stanford, and how they made so many, um, misshapen entrepreneurs, mentally misshapen entrepreneurs. And I just, it's nice to hear from a young person in this regard. Um, and I just think he's a really, he has a big career ahead of him.
- SGScott Galloway
That's nice.
- KSKara Swisher
Um, yeah, and they, and Amy Pascal has bought the book for a movie, and he's-- The kids are all right. I always, when I did this interview, I felt the kids are fucking all right.
- SGScott Galloway
That's nice.
- KSKara Swisher
Uh, and it extends also to my kids. Uh, like Alex is killing it at his job. I can't say where it is, but it's a, it's a big car company, and he's loving it, and he's, the enthusiasm is enormous. And Louie is working in a restaurant in San Francisco, and he loves it, in a political campaign. So the kids are fucking all right. That's what I feel good about. So, um, and as for-
- SGScott Galloway
Can't name the car company. Let me guess, he went to Michigan.
- KSKara Swisher
[laughs] There's a lot of them.
- SGScott Galloway
I don't know.
- KSKara Swisher
He's having a great time. He's having a great time. He's learning so much, and it's really wonderful for him. Um, he asked me not to, so I'm not going to. Okay, my fail is, I do think it's around this, uh, i, Graham Platner thing, and I, Amanda and I did have a disagreement about it. She's quite i- irritated by him. I-
- SGScott Galloway
Did you have hot sex after?
- KSKara Swisher
No. No, we did not. We were exhausted from all the ch- children's parties. Um, let me say, and my power washing. Um, let me say, th- I, I know this, people don't like it, but at some point, we just have to, this... And I know people are gonna say we have to have purity tests, and you, s- coming from white lady Kara, old white lady Kara, who has money, et cetera, I don't care. I just, I never have cared for zeroing in on people's, uh, personal issues. I can have personal feelings about it, like friends who have shitty boyfriends or whatever, but Graham Platner's wife is not my friend. I might have a different piece of advice for her if that was the case. And, but I just feel like it's their business. Like, it's, even, even with Ken Paxton, as much of a, uh, I think he's more, the fraudulent stuff with his wife, I don't... It sounds like he's a liar and a cheat in that way he handled it and treated her, which says a lot about his judgment, and I think that's pertinent. But I, I almost don't care even about that, and, and, a- although there are some things to learn. And so I think the judginess of people has really gotta stop. It's g- and not only because the Republicans do it. That's not the reason to do it. It's not kind, and it's not, and it's not... There is a goal here, and we cannot make people feel like shit all the time for mistakes. I've made mistakes. Scott's made mistakes. Um, I, we're all imperfect, and that's, that's what I think about. So it's a failure of our country to continue on, to, in that, down that road. We have to leave some things behind. Thank you.
- SGScott Galloway
Uh, my win, I just interviewed, uh, the CEO of Eli Lilly, a guy named David Ricks, and I, I'm just fascinated with Lilly. They made a huge bet on GLP-1 drugs. As you know, I'm a, I think, a revolutionary. I think GLP-1's gonna be a more important technology than AI.And this company has, uh, quintupled its market cap in the last five years. And one of the things I absolutely, 'cause they made a big bet on GLP-1, GLP-1s just 12 months ago were averaging $1,000 a month. They've already been cut to $250 to $500. It's a definition of elasticity. I think at some point these drugs are gonna be less than $100 a month, and maybe even lower than that, and I think the demand will absolutely explode. So I think the market is doing a really good job here of trying to get these drugs to the people who need them the most. And I think these drugs are just absolutely revolutionary in terms of everything from, obviously from obesity, but reduction in alcoholism, biting your nails. They're giving it to kids with social media addictions. I, you know, I, I think it's, it- it's not about eating less, it's about wanting less. I just, I'm fascinated by these things, and this company, Eli Lilly, is the first trillion-dollar... or is the first pharmaceutical company to breach a trillion dollars. And it's the 13th most valuable company in the world. And the thing I love about this place, it's not in San Francisco, it's not in New York, it's not in London. Do you know where their headquarters are?
- KSKara Swisher
No, I don't. Where are they?
- SGScott Galloway
Indianapolis.
- KSKara Swisher
Oh, cool. I didn't know that.
- SGScott Galloway
And this guy kind of reeks of, he went to Purdue, followed, uh, love of his life to Indiana, where he went to the Kelley School. They employ 50,000 people. It's easily the most important company in Indiana, if not the Midwest. But we spend so much time talking about the Bay Area or New York, and I just love a trillion-dollar company-
- KSKara Swisher
That's a great interview for you. That's a great interview.
- SGScott Galloway
Love a trillion dollar-
- KSKara Swisher
You have, you have been, you have been a very early person on GLP-1s.
- SGScott Galloway
I find them absolutely fascinating. Much, talk to someone who uses AI for their work and just loves it, and talk, uh, and if that person is also on GLP-1, ask them what's had a bigger impact on their life. Uh, I think if I could go short AI and long GLP-1, that would be my investment thesis for the next decade.
- KSKara Swisher
All right. Okay. Good one.
- SGScott Galloway
Anyway.
- KSKara Swisher
Okay. Toss it.
- SGScott Galloway
Great company. Uh, CEO is just reeks of kind of Midwestern values, and I'm glad they're just doing so well. I think it, they've made a huge bet, and it's paying off in spades. My fail was gonna be what you said. I, I, I personally don't trust anyone who hasn't said something stupid or drank too much at some point, or, I don't know, uh, had failings in their mar- I, I, I always wonder, okay, should we stab this person with a fork to see if they're actually human when they present this pure image of themselves? And I'm sure those people are out there, but you're, you know, uh, there by the grace of God go I.
- KSKara Swisher
Exactly.
- SGScott Galloway
And if you want, if you want better candidates, folks, focus on whether they'd be a good fucking senator. They're not, they don't need to be a rabbi. Like, do you think they're smart around policy? Do you think they demonstrate good leadership skills? And if you look at the best leaders in terms of actually moving America forward, sometimes they're not exactly priests. I mean, [laughs] anyway, I, uh, w- but where my fail is that you, you summarized that more articulately than I did. But where I go as the real fail, Jesus Christ.
- KSKara Swisher
Yep.
- SGScott Galloway
Platner, just own it.
Episode duration: 53:56
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