Kara Swisher Says New AI Executive Order Is “Idiotic” | Pivot

1. 0:00 – 0:39

   Intro

   1. SGScott Galloway0:00

      This is the mandatory federal regulation they'll have, dick. They won't have anything.

   2. KSKara Swisher0:05

      (instrumental music) Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network. I'm Kara Swisher.

   3. SGScott Galloway0:15

      And I'm Scott Galloway.

   4. KSKara Swisher0:16

      How you doing, Scott?

   5. SGScott Galloway0:17

      I'm doing great. Thanks, Kara.

   6. KSKara Swisher0:19

      Weird weekend of-

   7. SGScott Galloway0:20

      Yeah.

   8. KSKara Swisher0:20

      ... shootings and killings-

   9. SGScott Galloway0:22

      It's, it's upsetting every time.

   10. KSKara Swisher0:22

       ... and pretty horrible stuff. We usually banter here, but I think we, we, um, should just get right to it, don't you think?

   11. SGScott Galloway0:28

       Yeah, I think so.

   12. KSKara Swisher0:29

       Yeah, so we wanna briefly acknowledge the horrific events of gun violence over the weekend. Uh, on Saturday, two people were killed and nine were injured at a shooting at Brown University. And on Sunday, at

2. 0:39 – 15:40

   Gun Violence at Brown and Bondi Beach

   1. KSKara Swisher0:39

      least 15 people were killed in a shooting at a Hanukkah celebration in Bondi Beach in Australia. Um, uh, eh, the authorities are still looking for the Brown shooter. They had a person of interest who they let go, which was, see, it probably disturbed people around that uni- university campus. The Bondi Beach shooters have been identified as a father and a son, what a terrible parent and bystander, and a bystander whose refugee parents had just arrived from Syria, wrestled a gun from one of the alleged attackers during the Bondi Beach shooting. As if that violence weren't enough, director and actor Rob Reiner and his wife Michelle were found dead in their LA home on Sunday, uh, eh, supposedly by hi- uh, apparently, according to, uh, lots of reports this, her, their son, their youngest son is being held up in the, um, in this, what looks like a murder. Donald Trump, of course, had to weigh in on this tragedy, posting on Truth Social a little while ago, "Rob Reiner, a tortured and struggling, but once very talented movie director and comedy star has passed away together with his wife, Michelle, reportedly due to the anger he caused others through his massive, unyielding, incurable afflictions with the mind-crippling disease known as Trump derangement sy- uh, sy- uh, syndrome." Uh, I can't believe he wrote this but, once again, of course I can. Um, so he said, "The raging obsession, uh, has, have driven people crazy and obvious paranoia is raising, ri- rise- reaching new heights as the Trump administration surpassed all goals and expectations with greatness," and then he said they should rest in peace. He's a terrible, terrible son of a bitch. Anyway, um-

   2. SGScott Galloway2:11

      Yeah, I just can't wait for the right to be as inflamed by the notion-

   3. KSKara Swisher2:14

      Yes.

   4. SGScott Galloway2:14

      ... that anyone was dancing on Charlie Kirk's grave.

   5. KSKara Swisher2:17

      Yeah.

   6. SGScott Galloway2:17

      Uh, but this, this will, like, you know, this will just be Donald being Donald, right?

   7. KSKara Swisher2:21

      Yeah, exactly.

   8. SGScott Galloway2:22

      Uh, they won't, they won't-

   9. KSKara Swisher2:22

      I mean, it just-

   10. SGScott Galloway2:22

       ... they won't-

   11. KSKara Swisher2:22

       ... what a heinous piece of shit. Um, let's start with the shootings. Um, just for, personally, Amanda went to Brown, um, and, uh, it's, uh, knows the area very well. "It's a very open campus," she was telling me, and, uh, you know, it's sort of such a, uh, you know, very peaceful. I've been there a number of times with her, uh, in the area where it was taking place. Um, nobody knows why this particular... Well, 'cause people have guns, but, uh, why, the reasons, reasoning behind. The one in Bondi Beach was, uh, horrific, um, except for that one bystander who, who was just, uh, we- the, the video of it was astonishing that they-

   12. SGScott Galloway2:58

       Yeah.

   13. KSKara Swisher2:58

       ... this guy had a long gun and this guy, uh, he was a big guy who went after another big guy, and the father ended up dying. The son, I believe, is still living. Um, again, these people were peaceably getting together on a holiday, and, um, which was the first night of Hanukkah, which we celebrated last night. Um, I don't know what to say, Scott. Just the whole thing is just, uh, oof, violence.

   14. SGScott Galloway3:22

       Yeah, it's... (laughs) Um, the, the things that strike me about Brown is that just as we overprotect our kids offline and underprotect them online, I think campuses unfortunately have become, they're supposed to be the sa- well, some of the safest places in the world physically and some of the most dangerous places intellectually. And unfortunately, we've flipped the script. We've decided that words are violence, and I think created sort of these very fragile, a very fragile youth. Not all, but s- but too many. And at the same time, guns on campus, and we don't know, uh, they don't know who the shooter is. But generally speaking, what will happen is they will attempt to politicize it, the left and the right, uh, unfortunately. And chances are, and we don't know who it is, chances are there's three dimensions to this type of violence. It's usually a young man who's not connecting to work, family or relationships, or, uh, someone who went online and got radicalized and then had access to guns. And then to use that as a bridge to Australia, this is the first mass shooting they've had in 27 years. They have one every t-

   15. KSKara Swisher4:31

       Yeah.

   16. SGScott Galloway4:32

       They have one every 27 years. We have one every 27 hours.

   17. KSKara Swisher4:35

       Right.

   18. SGScott Galloway4:35

       And that's not a lie. We have one point (laughs) , we have 1.2 mass shootings a day.

   19. KSKara Swisher4:40

       Mm-hmm.

   20. SGScott Galloway4:40

       So, and then, you know, I can't help but look, uh, uh, I'm obviously, um, think a lot about Israel and the, the Jewish population. There are 2.7 billion Christians, 2.1 billion Muslims, 1.4 billion Indians, 1.3 billion Chinese, 355 million Americans. But the hate towards 15 million Jews, it was 15 million in 1939. By 1945, Hitler had taken it down to nine million. It's taken 80 years to get back to 15 million. But because of the hatred, um, focused on these 15 million, 0.2% of the world's population, Paris is canceling their-

   21. KSKara Swisher5:24

       Yeah.

   22. SGScott Galloway5:24

       ... New Year's events. I mean, this is really, um, this is impacting everyone.

   23. KSKara Swisher5:29

       Yeah.

   24. SGScott Galloway5:29

       And the only silver lining here is who you brought up, uh, Ahmad, Ahmed Al-Emad, I think his name is.

   25. KSKara Swisher5:36

       Mm-hmm.

   26. SGScott Galloway5:36

       I apologize if I'm getting that wrong.

   27. KSKara Swisher5:37

       He's a fruit, he was a fruit vendor.

   28. SGScott Galloway5:39

       Yeah, he owns a fruit store, uh, two sons. And I just think it was so wonderful on so many dimensions that it was a Muslim, because what I find, you know, a lot of debates recently, men, people always wanna go to this reductive, "Well, it's men against women," or, "It's, it's Muslims against Jews." No, it's illiberal, primitive thought versus liberal, enlightened thought.And though- that's who the battle is between. But I find, and I- and also to personalize this, 'cause I never miss an opportunity to talk about myself, I was very upset about what had happened in Australia, and I thought about putting a Star of David in my window, and I went out to try and find, um, some sort of neon light or a- or an Israeli flag, and someone I live with said, "Are you fucking crazy?"

   29. KSKara Swisher6:27

       Yeah.

   30. SGScott Galloway6:27

       "Are you fucking crazy?"
3. 15:40 – 18:19

   Remembering Rob Reiner

   1. KSKara Swisher15:40

      He did A Few Good Men. He did Stand by Me. He did The Princess Bride. He did When Harry Met Sally. It goes on and on and on in ter- And then personally his impact, the reason we have gay marriage, it started in California. Rob Reiner was one of the major people around it, same thing with s- preschool for kids. Just, um, I don't care how much the Trump people hate this guy or hated this guy. Um, he, what an incredibly effective progressive he was, um, and also a beautiful filmmaker, some of my favorite films. And Code Red, Code Red is an important part of A Few Good Men. "Did you call the Code Red?"

   2. SGScott Galloway16:15

      You and I were on a call with Rob Reiner just a couple-

   3. KSKara Swisher16:19

      And his wife.

   4. SGScott Galloway16:19

      ... wee- a couple weeks ago and it was-

   5. KSKara Swisher16:20

      And his wife.

   6. SGScott Galloway16:20

      ... very civic-minded.

   7. KSKara Swisher16:22

      Yeah. Yeah. He was, uh, he, we, they were trying to figure out something to do a, to boycotts around immigration. He was focused in on, um, immigrants being abused by the Trump administration. He was, uh, you know, he just a classic. He, the guy he played on All in the Family, uh, Mike Stivitz, he was that guy, right? He was, it was sort of, that was him, um, in many ways. Um, anyway, speaking of Code Red, which, uh, that is one of my favorite movies of all time. I love the, every bit about it but the direction is so critical for it being so good. Um, it's with Tom Cruise, Demi, Demi Moore, and, um, uh, Jack Nicholson obviously.

   8. SGScott Galloway16:57

      Oh, he did The Sure Thing? That was him?

   9. KSKara Swisher16:59

      He, yeah, he di-

   10. SGScott Galloway17:00

       Oh, nice film.

   11. KSKara Swisher17:00

       He's an astonishing artist and also an actor.

   12. SGScott Galloway17:02

       Oh my God, he did Misery.

   13. KSKara Swisher17:03

       (laughs) Misery.

   14. SGScott Galloway17:03

       That's an amazing film.

   15. KSKara Swisher17:05

       Mm-hmm.

   16. SGScott Galloway17:06

       Wow. What a career.

   17. KSKara Swisher17:07

       He had a, he had a, he had a, a run from in the ni- '80s to the '90s that was like one friggin' hit after the next. It's crazy. And important movies that last the test of, th- that, you know, that last the test of time. Like that's what it is. It's like I go back to all those movies and they're so expertly directed, uh-

   18. SGScott Galloway17:23

       The American President.

   19. KSKara Swisher17:24

       Mm-hmm.

   20. SGScott Galloway17:24

       Remember that one?

   21. KSKara Swisher17:25

       Yeah, and then that became-

   22. SGScott Galloway17:26

       A single Michael Douglas-

   23. KSKara Swisher17:27

       The West Wing. Yeah.

   24. SGScott Galloway17:27

       ... as president.

   25. KSKara Swisher17:28

       Yeah, then it became The West Wing which-

   26. SGScott Galloway17:29

       This is Spinal Tap?

   27. KSKara Swisher17:30

       Mm-hmm.

   28. SGScott Galloway17:31

       Oh, my God.

   29. KSKara Swisher17:31

       Oh, Spinal Tap. Oh, how could I leave that out? Plus he just released the two, the second one recently. Um, and, uh, just a astonishing talent. And my favorite was he was in, he had a lot of roles over the years in various things, um, mostly comedies, but he was in The Wolf of Wall Street as the accountant.

   30. SGScott Galloway17:48

       Yeah.
4. 18:19 – 21:20

   OpenAI to Exit ‘Code Red’

   1. KSKara Swisher18:19

      of the Gemini 3 models had less of an impact on the company than they originally feared. Uh, we'll see. In other OpenAI news, the company will end a compensation policy that required employees to work at the company for at least six months before their equity vests. Um, so w- what's happening here? I don't know.

   2. SGScott Galloway18:36

      ... I think they're panicking.

   3. KSKara Swisher18:37

      Panicking, yeah, that's what I-

   4. SGScott Galloway18:37

      I think that Kara Swisher kept, keep, keep comparing them to Netscape.

   5. KSKara Swisher18:41

      Oh, yeah, I should

   6. GUGuest18:41

      Say that too, yeah.

   7. SGScott Galloway18:42

      And I think, I think that analogy is becoming more and more apt by the day. And it's an incredible company. The question is, can they maintain momentum from $500 billion? And the thing that struck me, Kara, was I saw that SpaceX leaked a rumor that they're thinking about going public.

   8. KSKara Swisher18:59

      Yeah.

   9. SGScott Galloway18:59

      And-

   10. KSKara Swisher18:59

       And then pretended they didn't, yeah. Mm-hmm.

   11. SGScott Galloway19:01

       And that their, they threw a number out there, who knows how real it is, at a trillion and a half dollar pricing. Right now, they say they're raising money or selling shares at about $800 billion. Open AI's at, at, um, $500 billion. Now, they're both right now about the same revenue level, except SpaceX is growing much, much slower. SpaceX went from $13 billion last year, they're projected to do $15 this year. It's not growing that fast.

   12. KSKara Swisher19:26

       Yeah. Well, there's only so much space, right?

   13. SGScott Galloway19:28

       But-

   14. KSKara Swisher19:29

       (laughs) That's true.

   15. GUGuest19:30

       Right.

   16. SGScott Galloway19:31

       But the difference is in terms of moats and defensibility and sustainability. And that is the amazing thing about a digital business is it can scale incredibly fast. The downside is that it can be disrupted almost as fast. And that is, the reason why SpaceX at a lower growth rate and a similar revenue is trading at two to three or 60% to 200% more than a company that's growing much faster, Open AI, is because it is very unlikely in two years someone else is gonna have 90% of space launch, uh, market share. The ability, and that's why Amazon, I think's value is so enduring. We're all so focused on digital, but the reality is if you can put in place warehouses, 747s, you know-

   17. KSKara Swisher20:22

       Yeah, the whole soup to nuts, yeah.

   18. SGScott Galloway20:23

       ... tr- trucking, space launch vehicles. Atoms are more defensible than bits.

   19. KSKara Swisher20:28

       Ah, interesting observation. I like that.

   20. SGScott Galloway20:31

       Well, it's harder to do. It's harder to scale up, but it would make sense. It's more defensible. And it just-

   21. KSKara Swisher20:35

       Yeah, well, let me ask you ... Go ahead, sorry.

   22. SGScott Galloway20:37

       It just struck me that SpaceX is trading at more, it's growing much slower, same revenue, and is much more valuable than Open AI 'cause people realize if you were to say, "Okay, one of these two firms is gonna decline by 80% share in the next 24 months-"

   23. KSKara Swisher20:53

       Oh, Open AI.

   24. SGScott Galloway20:53

       "... Open AI or SpaceX."

   25. KSKara Swisher20:54

       Open AI.

   26. SGScott Galloway20:54

       Who would you think that happened to?

   27. KSKara Swisher20:55

       Yeah, OpenAI. Yeah, everybody would think.

   28. SGScott Galloway20:57

       100%.

   29. KSKara Swisher20:57

       That said, I have to say, I still use ChatGB more, right? And I, Gemini just is im-

   30. SGScott Galloway21:02

       It's a great product.
5. 21:20 – 29:02

   Disney Hits Google with Cease and Desist

   1. KSKara Swisher21:20

      defensible businesses, Google has removed videos with Disney characters after being hit with a cease and desist letter from the company saying its AI infringes on its copyrighted content on a massive scale. The complaint focuses on unauthorized AI generated videos and images of Disney characters, particularly on YouTube. The move comes shortly after Disney struck a deal with Open AI. It picked its winner, right? As we discussed last week. Um, I, I went and called a lot of people after this 'cause I was sort of, so a lot of people had sort of mixed feelings on Disney doing this. Like, they're giving in essentially. Seems to me, I, I think they got, learned a lot from social media and everything else that to stay out of it was a mistake early on. Um, and so they wanted to pick one and then fight the others. And so I don't necessarily, everyone's like, "Oh, you're giving away your seed corn. You're, you shouldn't do this." Like, I don't quite know what Disney would do otherwise, right? I think making an investment, which they did in Open AI, gives them a stake in the game, right? They're not gonna get to make a similar investment in Google. Um, it gives them an ability to have, to have some insight into how this is going and how it works, the way eventually all the companies did on YouTube. If you remember Philippe Dauman, that really terrible executive, uh, sued, um, YouTube and it just didn't work out. It went s- you know, it just didn't work out the way they did it. But rather, they'd rather find an e- a legal way to have this work out 'cause eventually they're gonna have to strike deals with all of them. Um, and I think being both aggressive and non-aggressive is probably the right way to go. But, um, I don't feel like Disney had another choice. And then it could, could say to Open AI whether Open AI was able to do this, you know, if someone's doing something hinky with, uh, you know, Princess Jasmine and the, the snowman (laughs) from Frozen, you better get it done. You better get it off, kind of thing. So I, I just feel like they kind of had to do it and it's the best way to learn on this stuff. And using Open AI, probably they're more cooperative than a Google might be. Um, but, uh, you know, and it's gonna hinder, who, all these, every single company is gonna have a deal like this, presumably. I don't know about your, or all of them will have them with all of them like they did with YouTube in, in the end.

   2. SGScott Galloway23:29

      Y- I think you're exactly right. I think, I think this is a good move for both of them. And, um, the key here is that-

   3. KSKara Swisher23:36

      There was criticism. There was a lot of criticism.

   4. SGScott Galloway23:38

      But, uh, right now Disney doesn't have the capital both human, both human or financial capital to build their own LLM.

   5. KSKara Swisher23:45

      Right.

   6. SGScott Galloway23:46

      And they want to experiment. And it's all, the proof is in the pudding. And that is, I'd love to see the terms of this deal. If I were Disney, I'd wanna make sure we're gonna experiment, but you do not have in any way long-term rights, AI rights around these characters. It's a 12-month thing. We'll see how it's working for both of us. But I go back to the same thing, and that is you want ... Uh, the deepest pocketed companies in the world that are creating the most shareholder value are these AI-centered companies. You want as many as possible because you want Disney to have the ability in 12 months to go to Gemini or to go to LLaMA or even to go to one of the Chinese players and say, "All right, you've seen what Open AI can do with our characters. Our two- or our three-year relationship will be up in six months. Who's got the biggest check for us?" And otherwise, if, if there's only kind of one, if there's only gonna be one bidder in AI and the arms race sort of connotes that they all sort of believe there might be one player, you want as many bidders as possible. Otherwise, you're gonna further leak human capital from the creative community, the Los Angeles community, and from Disney shareholders and from consumers to the one player in Open AI. So-

   7. KSKara Swisher24:51

      Right.

   8. SGScott Galloway24:52

      ... I'm for, I'm for, I hope that-... that a lot of the content creators get together and, quite frankly, partner-

   9. KSKara Swisher24:59

      Yeah, like you said.

   10. SGScott Galloway24:59

       ... with the number two, and just play them off against each other.

   11. KSKara Swisher25:02

       Yeah.

   12. SGScott Galloway25:02

       And always make sure that there's a really, a really healthy, healthy ecosystem.

   13. KSKara Swisher25:06

       They didn't do it at YouTube. Do you remember when they w- I remember when SNL went on YouTube, you know, those movie shorts? It got onto YouTube, and YouTube did everything possible to take it down. And I remember, um, YouTube didn't, the company did. I think SNL did, NBC. I remember being with NBC executive, and I'm like, "Let it stay there. What are you talking about? Everyone's talking about it now," right? And they just were like, "We have to take it down. They're stealing our things." I'm like, "Well, make a deal with them." It was... I think the way they handled it at the beginning was something somewhat evil I did when I was running my All Things D conferences. We had Philippe Dauman when he was suing YouTube and also Eric Schmidt on, um, and I put them back to back with each other on stage. And, um, Eric Schmidt, and Philippe Dauman wanted to talk to Eric Schmidt, and he, Eric ran into the bathroom. He didn't want to talk to him. Eventually they settled, um, but it just seemed to me the wrong approach at the time, even though, let me say, I think Google was fast and loose with that content in order to build its business. I think they stole everything.

   14. SGScott Galloway26:03

       Well, Google wasn't compensating anybody back then.

   15. KSKara Swisher26:05

       No, they weren't.

   16. SGScott Galloway26:05

       They're now comp-

   17. KSKara Swisher26:05

       And I think they were stealing.

   18. SGScott Galloway26:06

       YouTube's now compensating people.

   19. KSKara Swisher26:07

       I think they were stealing.

   20. SGScott Galloway26:08

       Yeah.

   21. KSKara Swisher26:08

       But then they... By, by the time it was too late, and they should have done deals with them. But anyway, we'll move on. Um, okay, Scott, when we come back, uh, after a break, uh, Oracle has its own code red moment. Support for this show comes from Mint Mobile. You don't have to let big wireless and your overpriced phone bill suck the joy out of the holidays this year, because right now all of Mint Mobile's unlimited plans are 50% off. That's right, you can get three, six, or 12 months of unlimited premium wireless for 15 bucks a month. It's their best deal of the year, and it makes it really easy for you to give that expensive wireless bill you're currently paying the Scrooge treatment. All Mint plans come with high-speed data, unlimited talk and text on the nation's largest 5G network. You can also bring your current phone number over to Mint with no contracts required. Turn your expensive wireless present into a huge wireless savings future by switching to Mint. Shop Mint unlimited plans at mintmobile.com/pivot. That's mintmobile.com/pivot. Limited-time offer, upfront payment of $45 for three months, $90 for six months, or $180 for 12 months, plan required. $15 a month equivalent, taxes and fees extra, initial plan term only. Greater than 35 gigabytes may slow when the network is busy. Capable device required. Availability, speed, and coverage varies. See mintmobile.com. Okay, Scott, I'm back. Since we're talking about red, happy Christmas, Scott.

   22. SGScott Galloway27:37

       Happy holidays, Kara.

   23. KSKara Swisher27:37

       Does everybody say happy holiday? Hoh, uh, can we say Christmas again?

   24. SGScott Galloway27:41

       Of course.

   25. KSKara Swisher27:41

       Anyway, Happy Hanukkah, happy everything.

   26. SGScott Galloway27:44

       Merry Christmas.

   27. KSKara Swisher27:44

       This is my hat. I have so many hats. Look at this. It's kind, it's kind of weird.

   28. SGScott Galloway27:47

       Mm-hmm.

   29. KSKara Swisher27:47

       I'll do this. What do you think? How do I look?

   30. SGScott Galloway27:50

       Uh, I think you look great. I think, uh, I think it's really cute.
6. 29:02 – 39:22

   Oracle’s Struggles

   1. KSKara Swisher29:02

      code red. The company's stock fell 14% last week, ouch, down 45% from a September high, which was far too high anyway, after the latest earnings showed soaring CapEx and rising debt tied to its massive AI build-out, making all kinds of bets. Um, there was also a report claiming several Oracle data centers tied to its $300 billion OpenAI contract, uh, have been delayed. Ugh, really? Oracle denies the delays, said it remains confident in its ability to meet its obligations and future expansion plans. Um, ooh, Oracle went a little far on this, I thought. Didn't you? I don't know. It's also related. There's a paramount factor in this. The hostile bid for Warner Brothers Discovery is backed in part by billions from Oracle co-founder Larry Ellison, but he isn't pro- he isn't guaranteeing it the way Elon had a guarantee his purchase of, of Twitter. Uh, Warner Brothers board is concerned that he didn't do this and plans to, uh, and plans to contribute equity through a trust. It's kind of in a geechy way. If he's that rich, he should just put up the money. Paramount is calling concerns about its financing absurd. I mean, obviously he's rich. That's true, but he's, if he's that rich, he should personally guarantee it. If you're Warner Brothers, are you right to be concerned about Big Daddy not giving his personal guarantee? I don't know, Scott, both of these things. I mean, obviously the stock is down rather significantly, so he's not quite as rich, but he's still massively wealthy.

   2. SGScott Galloway30:18

      Yeah, I think if this-

   3. KSKara Swisher30:19

      You know, he's liquid.

   4. SGScott Galloway30:19

      I think if it just comes down to money, uh, and it probably will, I think that Ellison probably... I mean, there's a bunch, there's a bunch of play here. One, um, so first off, the lesson here, and I would tell this to anybody listening.

   5. KSKara Swisher30:34

      Mm-hmm.

   6. SGScott Galloway30:35

      And I was told this at a very young age, and I've lived up to this, and never sign a personal guarantee.

   7. KSKara Swisher30:40

      Oh, okay.

   8. SGScott Galloway30:40

      Just never.

   9. KSKara Swisher30:41

      All right.

   10. SGScott Galloway30:41

       Uh, you don't know what'll happen, and it's the way how smart people, it's the way... It's, it's how smart, rich people go broke.

   11. KSKara Swisher30:48

       Okay.

   12. SGScott Galloway30:48

       You don't know, you don't know what can happen. Never...

   13. KSKara Swisher30:51

       Right.

   14. SGScott Galloway30:51

       I, I, I have never done this, and I would suggest anyone listening to this podcast, never sign a personal guarantee.

   15. KSKara Swisher30:57

       All right, and just so people know, Elon did this in the Twitter fight, but go ahead.

   16. SGScott Galloway31:00

       Yeah, uh, I think it's, I think it's just, uh-

   17. KSKara Swisher31:02

       Yeah.

   18. SGScott Galloway31:02

       Let Elon do it.Ellison has more money personally than anyone involved because he's-

   19. KSKara Swisher31:08

       Mm-hmm.

   20. SGScott Galloway31:08

       ... been selling stock and he personally is, is super wealthy, not only in stock, but in cash. But also Netflix is a bit constrained too, because Netflix's debt EBITDA ratio, they, they ha-

   21. KSKara Swisher31:19

       Yeah.

   22. SGScott Galloway31:19

       And they, they only have a cert- they have cash flow they manage against that $18 billion a year. So I think if it's pure, if these guys go really cra- let me put it this way, Ellison can go crazier. And not only that, Ellison's about to die. He's an old man.

   23. KSKara Swisher31:33

       Yes. Yes.

   24. SGScott Galloway31:33

       So does he really care? Uh, like, Ted Sarandos-

   25. KSKara Swisher31:37

       That's not according to him. He has a lo- a longevity institute, he's gonna live forever.

   26. SGScott Galloway31:41

       Yeah, but Ted Sarandos is around for another 40 years.

   27. KSKara Swisher31:44

       Yeah.

   28. SGScott Galloway31:44

       Larry Ellison is not.

   29. KSKara Swisher31:46

       Yeah.

   30. SGScott Galloway31:46

       And so quite frankly, I think Larry Ellison is more likely to do what a lot of old men do and that is make an irrational move.
7. 39:22 – 43:48

   Trump’s AI Executive Order

   1. KSKara Swisher39:22

      We're back. Anyway, President Trump just signed an AI executive order to effectively neuter individual state laws regulating artificial intelligence. The order directs the DOJ to sue states and overturn laws that do not support, quote, "The United States' global AI dominance." Trump is also directing federal regulators to withhold funds for broadband and other projects if states keep their laws in place. Child safety laws are exempt from this order, at least for now. The order, which has sparked opposition on both sides of the aisle, is likely to be challenged in court on the grounds that it's idiotic that only Congress has the authority to override state laws. Uh, Trump has been complaining about a patchwork of, uh, state AI laws still applied, by the way, Donald, but do you think he and David Sacks, who really pushed this, will actually, uh, push to get a federal law? No, I do not. This is all about politics and not about policies. Uh, it's an issue dividing Republicans too. Governor Ron DeSantis called this executive order a, a big subsi- a subsidy to big tech, and he's right. Marjorie Taylor Greene's against it. There's a whole pack of people on both sides against it and frankly, it's just, it's, it's gonna be stopped in courts, and, and that's the problem is that they don't wanna pass federal laws that would be, make sense and instead they just wanna play politics of power here so that they don't get... They wanna stop all regulation is what they want, but they're not interested in regulation. They're interested in stopping all regulation, which is not the same thing, which is politics and not policy. So, this is gonna be, gonna go into court, and then by, in, by November, Trump's not gonna be able to do any of this crap. So, that's... And, and he's on the downward hill, so obviously, um, that none of this is gonna work. So sorry, David Sacks. Good try though. Good try. So we'll see. Go ahead. You go ahead.

   2. SGScott Galloway40:59

      Yeah. I, I think, I think you're right, and that is, um, the government is a big fan of states' rights when it comes to gun control and bodily autonomy, but all of a sudden, they've decided we-

   3. KSKara Swisher41:09

      Yeah.

   4. SGScott Galloway41:09

      ... need mandatory federal (laughs) reg- legislation around, or regulation around AI, and this is the reg-

   5. KSKara Swisher41:13

      Which we don't have.

   6. SGScott Galloway41:14

      And this is the mandatory federal regulation they'll have.

   7. KSKara Swisher41:17

      Mm-hmm.

   8. SGScott Galloway41:18

      DICK.

   9. KSKara Swisher41:18

      Yeah.

   10. SGScott Galloway41:18

       They won't have anything.

   11. KSKara Swisher41:19

       They won't have DICK. They won't have DICK.

   12. SGScott Galloway41:22

       Because-

   13. KSKara Swisher41:23

       DICK.

   14. SGScott Galloway41:23

       ... effectively, the Trump administration's ability to send secret police into cities and the entire economy is a giant bet on AI, and so they don't want any regulation that gets in the way of their thoroughbreds running. And you're gonna see, in my view, and this is one of my predictions for '26, you're gonna see what is positioned as an investment but effectively will be a bailout of these guys in the form of government-backed debt to continue this, this, this crazy champagne and cocaine disco party of data centers and chip acquisition. But essentially, the Trump administration has said, "I don't care if it means leaking capital from the 490 or the S&P 500 to the 10." He's all in on AI, and, uh, the, uh, the last thing they're gonna let happen or they're gonna try and let happen is any sort of regulation. And it's insane that we're not looking at synthetic relationships. It's insane-

   15. KSKara Swisher42:15

       Mm-hmm.

   16. SGScott Galloway42:15

       ... that we're not looking at...

   17. KSKara Swisher42:17

       Well, some states are. Not our government, but, not-

   18. SGScott Galloway42:20

       Well-

   19. KSKara Swisher42:20

       ... our federal government. Some states are starting-

   20. SGScott Galloway42:22

       Yeah.

   21. KSKara Swisher42:22

       ... to do this, and that's why they wanna stop it because-

   22. SGScott Galloway42:25

       Well, that's right, and they're claiming that it's, it's that we need one unified... Uh, having a unified operating system in something as complicated as AI across the 50 states makes sense. The problem is that's just a false flag. They just want no regulation.

   23. KSKara Swisher42:38

       That's right. That is correct. That is correct. These people, the, they're... Remember that Bond movie, The World Is Not Enough? That's what they are. Every-

   24. SGScott Galloway42:45

       I just remember the Bond girls. Who was the Bond girl in it?

   25. KSKara Swisher42:48

       I don't remember. That wasn't Ana de Armas, was it?

   26. SGScott Galloway42:52

       Mm-mm.

   27. KSKara Swisher42:52

       ♪ Ana de Armas, Ana de Armas, Ana de Armas ♪ That wasn't that one. I don't remember who it was.

   28. SGScott Galloway42:56

       Oh, it was Pierce Brosnan. Um, oh, so Sophie Marceau. Oh, Denise Richards-

   29. KSKara Swisher43:01

       Oh, yeah, yeah.

   30. SGScott Galloway43:02

       ... was in it too.
8. 43:48 – 59:42

   Wins and Fails

   1. KSKara Swisher43:48

      Okay, Scott. Some wins and fails. Would you like me to go first?

   2. SGScott Galloway43:51

      You go first.

   3. KSKara Swisher43:52

      Okay. My fail, um, was this measles outbreak. Um, uh, in South Carolina, it's accelerating with over hundred reported cases. Even Fox News put up a- a thing that- that measles has gone up f- I think it's 14,000% in the Trump administra- this new Trump administration. The fact that anyone's getting measles at all is- like, to become best friend to measles is astonishing. These are- many of these diseases are diseases we have solved m- many years ago and decades ago. And- and the fact that people are getting measles, which is very deadly, everybody, just so you know. It's not just, you know- sometimes it's just spots on your face. A lot of times, it's incredibly debilitating or- or fatal. Um, the fact that they're accelerating in South Carolina and Texas, all these places, will you people get a fucking ma- measles vaccine? Like, it- it really is- oh, the efficacy is so great and the- the- the rarity of any problems and as- as it's showing what's happening, is a lot of this data that they're showing where COVID is a problem or there were 10 deaths, it's all f- it's really nonsense data. They're lying to you about this in order to pass what they get. And Robert Kennedy, he will get a pardon by Trump, but he should go to jail for what he's been doing. Um, that's my feeling, as I've said. My win? I- I was gonna say, um, the gay hockey show, Heated Rivalry, which I think you'll like. It's hockey wives but with men.

   4. SGScott Galloway45:18

      Gay hockey?

   5. KSKara Swisher45:18

      Yeah. It's a really hot gay hot- it's been- Canada has brought us a tale of forbidden love between hockey players and it is very hot, let me just say. (laughs) It's very, very hot. And I am not a big, uh, aficionado of- of gay porn, but there you have it. Um, it's really- it's- well, it's like romance porn.

   6. SGScott Galloway45:36

      (laughs) That's not your genre.

   7. KSKara Swisher45:37

      It's not my genre, but I like it. But I- I was gonna give it to that, but I have to say, again, you've got me onto this. This episode of Pluralibus, The Gap-

   8. SGScott Galloway45:47

      Paraguay, yeah.

   9. KSKara Swisher45:48

      ... was aston- people either don't like it or like it.

   10. SGScott Galloway45:51

       Yeah.

   11. KSKara Swisher45:51

       Nothing happens in this episode, but it does.

   12. SGScott Galloway45:53

       It's great.

   13. KSKara Swisher45:54

       There- there's no words. They don't- the two characters, this guy coming up from Paraguay and, uh, Rhea- Rhea Seehorn, who's amazing as Carol, um, was just- it was so beautiful an episode. It takes so much guts, as you said, Vince Gilligan. In the middle of your hit season, and by the way, I think this'll end up being the most important thing Apple's done and possibly on streaming right now. Um, in the middle of your season, you pull this shit. I love it. I love every bit of it. It was so- I think about it all week, every single aspect of those shows and the things they do. And if I were Carol, a lesbian stuck by myself, I would- I too would golf into a window. I would drive golf wh- into a s- skyscraper window and really enjoy doing it. And I just- I- I love both characters, um, a- and I'm excited for them to meet, um, I assume in the next episode. But I gotta say, it takes a set, speaking of balls again, uh, not pucks, um, to do this, to do the way they did it. All right. That's my win. Go ahead.

   14. SGScott Galloway46:55

       Uh, so my- I'll start with my fail. My fail is Face the Nation's, uh, incredibly odd framing of a question to Senator Bill Cassidy this past Sunday that literally- I love Margaret Brennan, I love Face the Nation. It's one of the many ways I communicate to my sons that I'm 140 fucking years old, is I- I love watching Face the Nation. But I asked the team to just cue up just one question. Do we have the question?

   15. NANarrator47:23

       CBS has confirmed that there are no ongoing safety studies into the abortion drug Mifepristone. This was despite the Trump administration saying they were going to conduct one. Um, and anti-abortion groups want this review to take place. I saw a letter the FDA commissioner sent to you last week claiming they are reviewing the evidence. Do you believe him? And- and if not, w- what are you doing about it?

   16. SGScott Galloway47:51

       That is nothing but whitewashed Sunday morning Vaseline over wholesale misogyny. The framing of the question, "Are there- ha- has the FDA, um, made- uh, conducted investigations?" No, they haven't conducted investigations into Advil or erythromycin either. Why? Because this is an FDA approved drug that the American College of- of Obstetricians and Gynecologists and other leading medical organizations have stated that Mifepristone is an "incredibly safe medication" and the complications are exceedingly rare, usually minor, and easily treatable. As a matter of fact, and there's peer reviewed research on this, the US death rate from childbirth is about 14 times higher than from any legally induced abortion, all methods including the safest which is, um, Mife- excuse me, which is Mifepristone. And to frame it as, "Oh, there's a concern they aren't- they aren't looking at this investigating it," is a- such an incredible far right talking point that somehow to claim that you give a flying fuck about women's health...... by undermining women's health-

   17. KSKara Swisher49:29

       Yeah.

   18. SGScott Galloway49:29

       ... by sowing doubt, of which there is no medical evidence that lends any veracity to that doubt-

   19. KSKara Swisher49:36

       Yes, it's called reporting, and they're not doing it at the current CBS News as well.

   20. SGScott Galloway49:40

       They're, they're taking a heritage talking point-

   21. KSKara Swisher49:43

       That is right.

   22. SGScott Galloway49:43

       ... and sowing doubt from a show and a r- a journalist who never used to do this bullshit.

   23. KSKara Swisher49:51

       Well, she also has done it several times since the purchase by Paramount, which I warned you about. It gives me no pleasure, but Margaret, what in the actual fuck are you doing? Go ahead.

   24. SGScott Galloway50:02

       But the framing of this question creates doubt around-

   25. KSKara Swisher50:05

       Yep.

   26. SGScott Galloway50:05

       ... this drug.

   27. KSKara Swisher50:05

       Yes, that's the point.

   28. SGScott Galloway50:06

       Which is... (laughs) It- it- it is, it is such, it is so irresponsible and such an abuse of a brand that has taken-

   29. KSKara Swisher50:14

       Correct.

   30. SGScott Galloway50:14

       ... that has taken decades to-

Episode duration: 59:42