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Kara Swisher Calls Out Elon Musk and Big Tech’s “Petty, Angry" People | Pivot

Kara and Scott discuss Ted Turner's legacy and unpack a major week of earnings from Warner Bros. Discovery, Paramount, and Disney. Plus, Anthropic teams up with SpaceX, the Elon Musk vs. OpenAI trial gets even messier, and just how good is ChatGPT at picking stocks? #pivot #podcast #karaswisher #scottgalloway #elonmusk #samaltman #openai #tedturner #chatgpt #ai #stocks #warnerbros #paramount #disney #media #spacex #anthropic 00:00 Intro 00:24 Remembering Ted Turner 9:17 WBD, Paramount and Disney Earnings 21:40 Anthropic’s Deal with SpaceX 26:40 OpenAI vs. Musk Trial 37:24 ChatGPT Stock Management 48:18 Predictions Producers: Lara Naaman Zoë Marcus Taylor Griffin Todd Wiseman Video Producer: RIch Shibley Vox Media's Executive Producer of Podcasts: Nishat Kurwa Subscribe to Pivot on Apple Podcasts: https://podcasts.apple.com/us/podcast/pivot/id1073226719 Subscribe to Pivot on Spotify: https://open.spotify.com/show/4MU3RFGELZxPT9XHVwTNPR Follow us on Instagram and Threads at: https://www.instagram.com/pivotpodcastofficial/ Follow us on TikTok: https://www.tiktok.com/@PIVOTPODCAST Send us your questions by calling us at 855-51-PIVOT, or email pivot@voxmedia.com

Kara SwisherhostScott Gallowayhost
May 7, 202656mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Pivot weighs Turner’s legacy, media earnings, Musk drama, AI investing risks

  1. Ted Turner is remembered as a visionary, philanthropic, and idiosyncratic billionaire whose original CNN mission was news access—not today’s outrage-driven cable incentives.
  2. Warner Bros. Discovery, Paramount, and Disney earnings illustrate legacy media’s ongoing structural decline in linear TV, uneven streaming economics, and the strategic pressure for consolidation or activist intervention.
  3. Anthropic’s compute needs and its willingness to work with Musk-linked infrastructure highlight the industry’s power-and-chips bottleneck and the uncomfortable alliances it can produce.
  4. The OpenAI vs. Musk trial is framed as seller’s regret and control-seeking rather than a strong legal claim, with the transcript revelations reading like irrelevant corporate soap opera.
  5. Using ChatGPT/Claude for portfolio management can be useful for learning and scenario thinking, but retail investors are outgunned by institutional AI and should default to low-cost diversified ETFs while watching privacy risks.

IDEAS WORTH REMEMBERING

5 ideas

Turner’s legacy is more complicated than ‘he ruined news.’

They argue CNN began as scrappy, service-oriented innovation to broaden news access, while later outrage-driven formats were amplified by competitors and market incentives rather than Turner’s intent.

Legacy media results show linear TV decay is still the central drag.

Even with streaming improvements, WBD and Paramount face pay-TV subscriber losses and ad pressure, reinforcing that streaming growth must outrun a structurally shrinking legacy base.

Disney looks operationally stronger than its stock narrative suggests.

They cite earnings beats and streaming margin improvement, but note the market still discounts traditional media; Galloway floats activists or restructuring (e.g., spin-outs) as plausible catalysts.

AI leaders will make ‘strange bedfellow’ infrastructure deals because compute is the bottleneck.

Anthropic’s explosive growth creates urgent capacity needs, making partnerships with Musk-adjacent data centers conceivable despite reputational and ethical concerns—power, chips, and data centers dictate strategy.

The Musk vs. OpenAI case is portrayed as contract law plus ego, not moral stewardship.

Both hosts dismiss the personal-drama details (texts, loyalties, relationships) as largely irrelevant to the legal question, framing Musk’s position as retroactive control-seeking after OpenAI’s value surged.

WORDS WORTH SAVING

5 quotes

These are the richest people on earth, and they're so manifestly unhappy. They just can't shut the fuck up. And what tiny, petty, angry, unhappy people they all are, every single one of them.

Kara Swisher

You can go from a nonprofit to a for-profit. You're allowed to do that. This is regret and a messiah complex cosplaying a legal argument.

Scott Galloway

It sucks to be a grown-up. He signed the legal documents.

Scott Galloway

Ken Griffin will hire 2,000 PhDs, and he will weaponize them with AI, and they will outperform the market. But you believing with your $20 a month Claude Cowork weapon can compete against these folks, you are showing up with a very elegant squirt gun, and they have a fucking howitzer.

Scott Galloway

But the problem is we shouldn't have to trust these people. We should be able to elect representatives we can trust... to do the right thing... and regulate these companies.

Scott Galloway

Ted Turner, CNN, and the 24-hour news cycleCable news incentives and “Point/Counterpoint” outrage dynamicsWBD/Paramount/Disney earnings and cord-cuttingMedia consolidation, activists, and restructuring ideasAnthropic compute demand and SpaceX/Musk ecosystemOpenAI vs. Musk lawsuit and governance/control disputesAI for retail investing: errors, sycophancy, and asymmetry vs. institutionsCrowdfunded acquisitions via TikTok + AI-enabled complianceData privacy: medical/legal info in consumer chatbots

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