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And so I don't want to know, but go ahead. Guys, could you please get out of the pool? That's good comedy. That's good comedy.
Yeah. Okay. What else? I was in Canada for Collision.
It's a big giant conference, a big messy conference. And I was there to interview three people, Alex Stamos from Facebook. He's now piled on. Who's now decided the Mark Zuckerberg has too much power?
Oh, he does. Yes, I know. Thanks, Alex. And then Eve Williams, who's the founder of Twitter.
He's also the CEO of Medium. And he's a big investor. He's a big investor. He's a big investor.
And beyond Meat, for example. And all of a sudden, he was super high enough there. And then I had to do just so between us. I had to do a thing where they people talked to me and I felt like it was a stage in the middle of this big, noisy CES like conference, and like hundreds of people showed up, and they all loved PIVF.
It was so funny. Yes, gave for us. Yeah, for us. It was what people hugged me for this, and Rico would go, it was very funny.
It was really they asked what you really like. All the Canadians were super polite. Yeah, I was an Netflix boom. Directed out this function and quite, quite Amber.
I did not say that to the Canadians. I was a Canadian people, very pleasant. Anyway, it was very interesting. But one of the things I was talking about, was the interview I did with, E stop talking about talking about Twitter and he pulled himself off the Twitter board.
He's no longer affiliated with it except he owns stock. And it was really interesting, you know, I think he had some thoughts about what, again, at once you've left what a healthy discussion should be online. And he felt like it really had taken a turn and he was talking about the idea whether there could be better turn for a lot of these companies. And I was sort of like, I don't see any of these being funded because of the size of these large companies.
There hasn't been a new social network since 2011 when Snapchat was founded. And so it was a really interesting discussion. And then of course this week it got toxic as ever with Trump going crazy on Twitter again over Nancy Pelosi dissing him apparently. Well, Twitter's benefited hugely from the president.
And so back out of my arms, I just like, I don't know him, but I just really like him because I think medium is a wonderful property to use medium. I don't, but he talked a lot about it like where he's going with subscriptions and things like that. Tell me why you think it's an interesting company. Well, just because quite frankly, like everything I like, it's been really good for me.
It's this wonderful place where storytellers get more oxidant. So if you write something somewhere, actually medium would be very good for you, I think. But it takes content and it creates a shampoo effect. And that is, it circulates it across a larger audience.
And they have this interesting technology where it will highlight what readers found was the most compelling part. I don't know how to measure this in terms of engagement of the actual content. And it's also a, to his credit, the gestalt of the vibe on medium is very positive. People are very supportive, very friendly.
So it's a place for the written word. Right. That's what he was talking about. That's what he was, he was, he was, I was like, are you going to get a podcast or video?
He's like, no, because I think there's a lot of innovation to be done around the, you know, where a new media company is going, essentially. He's experimenting with like, traditional journalists, which have worked in part and not worked, he started a bunch of different magazines. But I think he's really relying on, on authors going in more than anything more than subscribing. That was the idea of a subscription.
What do you think about that? Like the idea business is going, I think it's working. I mean, like, he has the capital himself probably to do this at a decent clip and not need to be worth five or 10 billion bucks. But it's, I mean, I'm into this notion of organic intelligence.
And it goes to another story I think we're going to talk about Cora and that is, I think technology is root. And where it's good for mankind and what it was meant to be is, okay, we have an excavator that can lift 10,000 pounds of dirt and iron and steel, which a human can't, but you need the greatest processor in the world. And that is the great matter between our, our ears to help guide the excavator. And while the entire world seems focused on replacing humans with technology, I think the bigger opportunity is what I refer to as organic intelligence.
And that is how technology leverage a skilled trained individual. And so it's a mediums example of that, Cora, which is this kind of human powered search engine, which says you have a question, you can type it into Google and you'll get some good stuff and a lot of crap. And there's a lot of lack of nuance. But if you say on, you know, if you're going core and say, what's the difference between going to Columbia and NYU, you have a thoughtful answer from somebody who's probably an admissions or has, or has been to one undergrad and one undergrad.
And it's got, I think, didn't you guys just report, got raised money to $1.8 billion valuation? Yeah, so we did that, we reported that on Teddy Street, reported that in recutives of $2 billion valuation, something like that. It's very high. It's quite high.
So people were sort of wondering why it's worth that. So explain to the people why you think that, because you go pretty hard on valuations. Well, but this one might make sense. So 200 million monthly active users, which is pretty impressive, right?
So you have the population of, you know, the Western United States or the Eastern, and then we're 200 millions, a lot, or Central America, I don't know what that I need to find some 200 million population amount of self. But it also, you can think about the advertising opportunities. If you type in, if you type in, I'm searching, you know, what's the difference between a view across and a Chevrolet suburban, that's a pretty good opportunity for an advertiser. I mean, the targeting, they can figure out the technology and tools that Facebook has brought to bear in terms of the ability to recognize intent and an opportunity and then insert an ad or a thoughtful conversation or even what I'd call sort of sponsored experts, which I don't think would be people would be adverse to.
There's a lot of opportunity here. And I love, I mean, other example of artificial intelligence, organic intelligence, best in my view, this AI world, you have, do you remember all these makeup apps where you could go on to your phone and yeah, it would take a picture of your face and what send you back and you look like bows of a clown, they're just terrible. They just didn't work. L'Oreal's launched something called Color and Co.
We're using an app that connected with Andre, this great colorist at Ohio and so on. So you have some help. Yeah, and you advise you. And to me, that's where the future is.
And that is how do we, how do we scale, again, this is incredible artists and ship and productivity of so many people out there with technology. And I think that's, I mean, to a certain extent, although we, I rag them all the time, Uber and Lyft are effectively technology on top of, you know, abused, abused labor. Right. But still, there's a lot of value to be created.
The whole world's focused on replacing humans. That's not the key, the key is to enhancing it. It's an enhance, enhance. Do you want to be enhanced?
If they came to you and said, we're going to put a chip in your brain and make you speak seven languages, would you? I am. Second, me too. What about what about exo suits?
We're going to have a lot of the stuff in code. We're coming. We're going to have jetpacks. We're going to have all kinds of mobility stuff, all these drones, you can ride and things like that.
Would you, would you, if you had an exo suit, would you wear this is to make you stronger? Oh, I'd do anything that would make me stronger. I take creatine, other than steroids. I took, I was not testosterone therapy for about a month until I became so jumpy.
Okay. That I decided I'm not going to do that. I get a suit you could put on and just be just as strong so you didn't have to have your body be fixed, but it would have to be enhanced. A suit, a stronger suit.
Yeah, close clothing. I'll make you stronger. Everything. I know nothing about this.
Every technology can have a code. You should short that company. Whenever you see something in the conference hall at the conference, we don't have a hall. You'll see.
You're wrong. You're wrong. We have launched so many big companies at our different events. We have launched lots of dogs too.
No, we did. You know, Jawbone, even though the initial Jawbone was launched at code, the whole bunch of companies have been launched. Another, another week flexed from Caris was and then Bing, Bing. We're going to Bing it.
Oh, come on. You're exactly my boy. No, we had some good ones. Exactly.
My point. Jawbone and Bing. Bing. What's next?
We launched Netscape? What's next? No, we seriously. Anyway, let's move along.
Oh, it's speaking of failed technologies. Herbal hurts. I'm not even on her script. What do you think of the new augmented reality Google Glass?
I don't care about Google Glass. I mean, it's literally like these guys. I keep trying. I believe in augmented reality.
I just don't believe in Google Glass augmented reality. Yeah, but they know you said that. So instead of calling it the R, they call it A R. I believe in that.
I would like to go to Paris. Well, there's got to be something that has to be a heads up display of some sort, right? What else are you going to get? You roll around in aviators, because like me, you think a lot about how you look, right?
You're going to work Google. No, I want my aviators to have heads up display. I'd like my aviators to have heads up. Google Glass is not aware of both the prophylactic and showing on their children.
I tell you, my thing is fine was that Google makes super models unfuckable. There you go. Literally, if you're at, if you're at, remember they had super models when they first introduced it, wearing them. And I was like, wow, that's the dine on first impressions.
Yeah, it's Dion. It's Dion. It's Dion. Yes.
I didn't know that. Anyways, I'm scared of her husband, so I'm not going to say anything. He's great. He's great.
But literally, if you're at dinner and you're thinking, I don't want more kids and I don't want to have sex, pull out your Android phone, pay for dinner with a discover card, roll, put on your Google Glass and talk about how this weekend you're going to practice your magic. Boom. No children. No children for you.
No sex for you. I think you've learned magic. I think it'd be cool to do some tricks. Anyway, listen, listen, we're going to get moving.
Speaking of like magic, we had a prediction, your Tesla prediction. Oh, yeah, you're South by Southwest. You went on a rant about Tesla's, I recall. Okay, so March 10th or 11th, I predicted or we predicted that it was a rant that this is the year that Tesla comes undone.
And look, it's very simple. Greatness is accomplished in the agency of others. And when you see the hemorrhaging of talent at Tesla, that is just incredibly negative for looking indicator. When we made that prediction, Tesla was about 300 bucks a share, it closed below 200 a day.
And I think it's in this, we'll go to our prediction. I literally think Tesla is coming undone. And of course they're now saying, Oh, well, what about China? And this guy literally is talk about the master of over promising and under delivering.
Here's some of the commitments he's talked about a million autonomous cars from Tesla within a year. So we're 11 months out from a million autonomous cars from Tesla. Let's keep track of that. Now he's talking about 1000 satellites and SpaceX.
I'm sorry, 6000. Now he scaled it back to 1000. And we'll have cheap broadband for all the world. That's going to be tough to deliver against.
And now he's trying to create another illusionist trick to pop up his prop up his stock and talk about China being a huge market for Tesla. Tesla now has approximately the same market cap as Ford. Tesla will produce I think three or 350,000 cars this year. Do you know how many cars for this evaluation?
50 billion, 50 billion, close, seven million cars, seven million. So the illusionist trick is to try and convince people that Tesla is not a car company. It's a tech company. No, it's not that the best deal and make these things call cars, which is a shitty business, a low margin business.
It is. So anyways, that I think Tesla, it's going to be very interesting. What's going to happen? I think investors are finally getting fed up with what will happen.
Although people love the Tesla's, my brother just bought one. They love the great car. It's a great car. So what?
So what happens? Well, because Bezos just said he was interested in automobiles. Would you think he would buy that company or do something with it? Well, that's, so that's a prediction.
And we're stealing our thunder. But my prediction is within 12 months Tesla's $700 a share and it probably gets acquired because there's real value there. That's the tough one. That's the tough one is who would buy them because automobile companies who are the best acquires.
Even if it goes from $35 billion to $17 billion premium to $25 billion, there's maybe one company that could buy a couple, maybe Toyota, maybe Daimler Benz. But that's a bet the farm kind of bet the rent is kind of bad. The guys that could acquire that have the balance sheet or the tech companies, but they don't want to go into a low margin business. So Google start to see the car is a platform from where advertising may be where they're autonomous driving technology.
I mean, what do you think? What do you think? I don't think it would buy it at all. But it's getting to the point where if it gets cut in half, which I think it will in the next 12 months, it could be a potential acquisition.
It's a great brand. It's a great product. But who in terms of the banter, do you hear out there who would be interested with Amazon? Well, Amazon possibly.
If he's said, he just indicated he's interested in cars. So Amazon, they don't, they don't have a good relationship from my perspective that I've, I don't think they're very, I think there's a lot of competition there, especially around space. Sort of fighting with their Dixon space, right? My rocket's bigger than your rocket.
I mean, it's just totally ridiculous. Thank you for pulling that down into a very clear metaphor. Thank you. It's what it's all about here.
I was only saying I don't think they're fans. It's what it's all about. Again, the twins. It's, it's important.
Why do I even know this about you? I understand why women do not, well, they do name, no, they don't. Anyway, so, so anyway, so, so anyway, so Amazon, there would be obviously Toyota, down their bins. I don't think one of the big American car companies would buy it.
That's a buying a lot of trouble. They don't have the money. Yeah, and the money. So I think it's probably Amazon or obviously the Chinese companies can't really buy it.
So maybe they're down their bins or Toyota, I would say. Yeah, that'll be, it'll be really interesting. Okay, so I've been really good for the last 12 minutes. I haven't mentioned something that is really the only important.
All right. All right. Cause then we got to get through a break. What?
What? Oh, come on. Read my mind. Go ahead.
I know what huge event has taken place in the last seven days. I don't know what Google. Oh, go on. I'm sorry.
Winter came and went. Oh, no, no, we're not talking about game. It's not happening. Come on.
Just a little bit. Just a little bit. Two seconds. Cause then we're going to you aren't outraged by this.
You aren't. Did you see the finale? You know what? If people spent more time worrying about our country than they do about the writers of Game of Thrones, it would be a better country.
Everybody spent a lot of time discussing whether it should be right. And literally I would love them to talk about infrastructure. I love them to talk about our broken legislative system. I would love to talk about our crazy president.
Like anything else, but no, no, no, Game of Thrones needs to be rewritten and literally everybody don't. Go ahead. I'll stop talking. The world's talking about Game of Thrones.
If we acknowledge we need more engaged fathers, not a better fucking phone and you stop talking about Steve Jobs like Jesus Christ. He's not Jesus Christ. Game of Thrones. I'm shocked.
You aren't outraged by this because it's basically like Jordan Peterson went into sci-fi. The basic way to summarize it in LA is the patriarchy wins. So they have the strongest character up until the last season, Daenerys basically gets in a mood, finds a dragon and goes, it's like the basic lesson is to not trust women with power. John Snow ends up being the thoughtful guy who goes back to a life of celibacy and kind of saves the world and sacrifices himself.
Sansa, who should have been king, basically, she's like when you walk into a room with all white dudes and boards, which happens to me all the time, you see one woman. I'm like, oh, let me guess. You're head of HR. They made her head of HR, right?
They gave her a small kingdom. So most town of the person going to take over, but go ahead. And then my new role model, my new role model is brand. The guy has totally checked out, takes off for several years, come back and is basically really high standing next to a tree and they make them king.
That's how I want to spend my weekends. I want to be really stoned to next to a tree. And then at the end of the weekend, yell, King me, King me. I can do that.
That's what the unsullied wanted from what I can do to my children. I'm shocked. You're not outraged. I don't like that they made the one in the villain again.
Yes, I was a very typical thing. I would have liked her to not have been the villain. That would have been nice. So I literally caused her.
But Aria is the real hero of that story. Aria saved her day and she's off to the new thing. She is. And she left and she's sailing and becoming Christopher Columbus.
That's her whole thing. It would be nice if there was a sequel about her, but they're not happening according to HBO. So what's HBO going to do? That's the big question.
I'd like you to think about that in projections. When we come back next, we're going to take a quick break for a word from our sponsor and then we back with Scott Galloway and hit it. Support for the show comes from Odo. Running a business is hard enough.
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It's a wins and fails. Let's hear a couple of things. You go first. I'll go first.
Well, I think the idea that Marguerite Vestadir, who I've interviewed many times and who's fantastic. It might be the head of the EU. She's been running the competition part of that commission for a long time and has recently stepped down. And I thought she was going to just get another stint at doing that.
But now it seems she might get the whole enchilada, as they say, in Europe. She's really fascinating. She's driven tech companies crazy with all kinds of fines. And she's been sort of the voice of sort of the conscience of tech for a long time.
One of the very first people to speak out. I did a great interview with her itself by Southwest. I'm going to do one in Brussels in the end of June again. She's really smart.
She talks about the idea of we've chosen the convenience of the good. She talks about privacy quite a bit. She talks about all kinds of things. I think she would drive Donald Trump crazy as the head of the EU.
So I'm really excited for her to do that if she gets the job. And she's also, they made a TV show about her. She's so fantastic in her country. Anyway, I'm going to pile on.
That's my win, too. I think the two gangsters who are really important around the general notion that a key step to tyranny is a lack of countervailing forces to private power. And I think Lena Khan, who most people don't know, who's now working for Congress looking at the competition. And Marguerite Bessier is, and by the way, the Gia is silent if you're kind of exotic and cool like me.
Bessier. Bessier. Bessier. Bessier.
I should smoke a clover. And I said, anyways, the she is, and people always say that she hates big tech. She's actually very, she's very even handed. She got in the way of the merger between Alstrom and Siemens, saying when she was competition, she went after Nike for charging too much for Jersey.
She told ABM that they were abusing consumers. I think she's really even handed and thoughtful. And she nets. What's not a lot?
She nets on stage with me once on an event. But one of the things that's interesting about her is she's very much talking about what technology does. And not in this, as you said, it's a very even handed way. And I think she's talking about alternatives we need to have.
She talked about the idea that we choose convenience for good, the choice between convenience for good is a big one. And she's not like, don't use technology, although she certainly doesn't use Google or anything else. She uses other, I forget the one she uses in France, the search engine. But she's really, she's very hard to find her.
They do. There's other search. I interviewed the CEO of DuckDuckGo last week in New York at an event there. And he was fascinating, totally, and really interesting about it.
I think 1% of the market, which doesn't seem like much of this is huge. DuckDuckGo. Yes, DuckDuckGo. And his whole premise was that very much like others is that they don't need to do behavioral advertising.
They can do contextual advertising and make tons of money. And the fact that when they move into behavioral advertising, that's where they run into all the trouble. I mean, I thought that was an issue. You imagine the contextual advertising business, which essentially you search for car you get a car at, or you might get a bike at or something that's related versus behavioral where they build these profiles of people and try to serve up highly micro-targeted stuff.
It sounds like a perfect candidate or technology to present at your conference because that shit's going to work, era. Tell me why, shut up. Go ahead. Because we have an event, a small event, not having the conference.
But why did that? Because it's not going to be big. It's not going to be behavioral advertising. Unfettered monopolies.
And the only reason they're still alive is because Google said, no, no, keep them around so we can say we have competition. It was literally 24 hours. Google could do whatever they call their pandas thing and put duck out of business. It's already out of business.
I understand that. Except that, therefore, we have to have regulators. I agree in order to stop that. But I'm asking you, what do you think about the idea of behavioral versus contextual advertising?
So throughout marketing, the primary form of targeting has been demographic. So we assume that all people at a certain age and a certain ethnicity want to buy the same things. And it's been pretty effective. And it's actually been a great way to sell advertising because it's, I don't know which 50% of my advertising is wasted.
I know 50% is wasted. I just don't know which industrial complex of advertising has benefited from that. Contextual is trying to basically figure out a way to sell right. We're in the right environment as evidence by the term contextual.
But the real gangster move here that built hundreds of billions of dollars in value is the ability to behaviorally target. And that is if a 22 year old Latina who wants a BMW versus a 65 year old retired white guy, the reality is if they are both on BMW site, outfitting the BMW, we know they're both into BMW regardless of their demographics. So behavioral targeting, quite frankly, has resulted in a reallocation of hundreds of billions of dollars in the advertising industrial complex. What's your fail?
So my new kind of size, a game of thrones finale, which I know you're very disappointed. Oh, well, it's over. Move along. And I tell you what, you know what they could have done?
They could have just had the last scene be the dragon melting the throne. Boom. Anyways, okay. So my fail, the most overvalued company, private company in the world went public, Uber, and it's going to get cut in half from here.
And now the new. From here, which was already cut in half. So 30? If you were, if you were to take Uber and say it was worth $35 billion, I think you have a difficult time justifying that valuation, which means that's, by the way, that's half the valuation right now.
Yeah, exactly. I do think the market is starting to exit this hallucination phase. I think we're all, the lights are coming up in the club. We did X for as long as we could.
And it's like, Oh, fuck. Now it's bright outside. And I mean, we're, we're looking at this. By the way, another one of our predictions is that the unicorn class would lose more money off of the first trade.
I think that's already the case. I think if you like some have done really well beyond me, obviously, Zoom, great company, on Xlaxing to do really well. You know, I love Airbnb. But anyways, the most overvalued company, private company in the world is now no longer qualifies because it's a public company, Uber, and it's not the most overvalued public company in the world.
But the other now the most overvalued private company in the world is we work. Oh, we love to whack on the guy. All right, go ahead, whack away. Lisa's company is for 10 years and then marks it up by putting in really interesting cultural and, you know, amenities and vibe.
I think they do a great job, but it's amazing. I mean, think about it. If you're a small business person, you're paying $10,000. It's costing them 20 to house you right now.
And there's nothing. There's no network effects. There's no real technology here. And when she gets real, you know, the terrible thing about recession is to say it was happening, the wonderful thing is they always end, but they do always happen and we're overdue.
And when you wake up to this company with 10 year leases, in a recession where people are no longer willing to pay this kind of money or don't want or just decide to work out at their den of their homes, this company goes from negative 100% and EBITDA, which is a new record to negative 200%. And the thing that really bothers me about we work is that when a company feels like they have licensed to start inventing their own accounting standards, and rather than now reporting EBITDA, and now rather than reporting EBITDA like most companies, they've decided they've come up with a new metric called community based EBITDA. I mean, pretty soon they're going to say like, EBITDA definitely means earnings before everything else, right? That's what we want to talk about.
Well, that's an old track. That was an old trick of AOLs. They all had, they all have done that. That's exactly.
And look, and look how that movie ends. So the most overvalued private company in the world, we work, if the markets grew up here and let this single public, it could literally torch the entire market because this is, this thing is really, in my view, they've got valued at $40 billion. I think they were affined or raised at $40 billion for a company that it just economically absolutely makes sense. Anyway, community based EBITDA is my fail of the week.
What's your fail? Did you do a fail? Yes, I didn't do a fail. I'm going to do a fail.
I think Trump having to fit Nancy Pelosi, he bites every time she picks up, she puts the football out, he kicks it and falls over and she pulls it away. I just am fascinated by that relationship. I oddly ran into her at an event this weekend, sat down with her and of all people who are Clinton, which was really interesting to have the two of them together. Are you Hillary and Nancy?
Yeah, exactly. It was weird. It was so Washington moment. I just hope it's not a dragon involved.
Watch out. You guys get a dragon? Watch out. I would use that dragon frequently.
So anyway, so I was really fascinated by his reaction. And of course, it seemed like he had it all planned because he had that weird sign, which was weirder than ever, the sign that he had in front of the podium, which is like, we have gone real downhill here. And I wonder who made that sign that sat in turn. I kept thinking, who's the sat intern, who had to make this?
And then I thought it must have been Jared because the font was all off. But I was fascinated by that because he seemed to have planned his little thing, but she seems to have won that. You know what I mean? It's interesting.
I don't know. This is all inside politics, but I sort of was fascinated by how you can't stand the heat get out of the kitchen. This is a very hot kitchen in Washington. I don't think it matters, but I think it was a fail.
It was a weird fail that he keeps walking into with her. And she plays it beautifully, I think. I don't know if you think that. The House Speaker, she's a gangster.
I mean, she has, and I'm going back, I think I'm Senator Feinstein and Nancy Pelosi have certainly made me revisit the notion that my age is because I didn't support either of them because I bottom lines, I thought they were just getting too old. And it bothers me when these senators, and it's almost always been male senators who decided to decide that the Senate is their retirement home. And you know what? She's amazing.
She's just, I think she's just been an incredibly thoughtful, measured, and I mean, the clap act. She doesn't have an incendiary tone to her. She's just literally the adult in the room. And she seems to control the caucus really well, too.
Yeah. And there's another, there's a bigger thing to play here, and you'll love this. I went on Fox last week, and it was capitalism versus socialism. We could Fox actually have that week.
And wait, just so you know, it's clear that socialism probably won. I'm going to have socialism won. Anyways, but there's so much BS or there's so much misunderstanding out there on what actually socialism means. And tariffs are an enormous kind of socialist act.
And we have this tariff war. I agree. And it feels like up until now, the markets have largely shrugged off a trade war, believing that Standard Minds would prevail. And I think what we have now is the markets just starting to go, wow, this could get ugly.
The Huawei thing is pretty serious. Right. They could borrow other American companies there. Apple has lost the value just in the last, I think, three weeks of almost every, you know, every media company or just add up, they've lost seven or $80 billion.
They've lost the equivalent of Ford and BMW, because it is, at some point, she's going to say, you know what, or he's going to go, all right, we're going after, we're going after the heart of America, we're going to go after Apple. And it's it's Trump. I actually in Trump's right on this one, it's just, of course, going about it all wrong as opposed to doing it multilaterally with Europeans who's all alienated and speaking with a much bigger stick. He's going, what he fails to realize, they keep saying, well, we're a bigger economy, we can hurt them more than they can hurt us.
And he's absolutely right. But the problem is, it's similar to when we went into Vietnam. And Ho Chi Minh said, look, they'll, we'll kill some of their people. They'll kill a lot of our people.
They will tire and they will go home. We can hurt China more than they can hurt us, but China will close down towns. They'll close down entire cities because of this. If we close down a farm, we have MSNBC out there and Trump says he's going to bail him out.
We do not have the tolerance of a stomach that China has to disrupt our economy. They play for the long game and you're seeing Apple starting to go, Oh, no, this might, shit might get real around it. This is going from a border skirmish to an all out trade war. And who's handling it?
The worst businessman in the world, as evidenced by his tax returns, the literally the worst businessman in the world is now in charge of multilateral talks between the two largest economies. I think you're 100% right. I think you're exactly he's directly correct and tactically wrong is typically in this case, in this case. That was better said.
Thank you. I'm a pity person. So your prediction was the one you made earlier, which was Tesla, right? Tesla, $700 talks about a quiet or going or actually going private.
And it won't be $400. One other small one then since that was you did it before. Do you have another small prediction? Well, let's do one about politics.
Do you have any predictions around politics? I do not. I do not. I think I do not right now.
I'm interviewing a peak Buttigieg soon, which I think will be interesting. That'll be really exciting. That should be good. I have lots of questions for him.
I think Warren will become more and more popular. I think there's something she's hitting some 10 different people, not in Washington, in other places that are regular people, I guess, regular people who seem to be intrigued by the stuff she's they like her stuff. I'm sorry to find regular people. Well, not like Washington creatures, not Washington creatures.
They were just intrigued by her policy. Like the people do want to talk about substantive things. And I do think people are interested much more in substance than people realize. I think this whole noise at Fest is not what people are interested in.
We'll talk about the patriarchy you've seen. Okay, so we have Kamala, who's probably the most qualified candidate. We have Senator Warren, who is arguably the intellectual leader of the Democratic Party right now. She's only one that actually can go beyond a talking point and talk about this stuff.
Although Senator Bennett just put out a plan on climate change that I thought was pretty substantive. But she is really the intellectual thought leader. She's willing to actually put stuff down on paper and do the work and take a stand. But what do you know?
Who are the leaders? Who's by far who's crushing it? Two old black guys in their 70s, right? Biden and Sanders.
I think that's because there's a differentiator. Do you want to win or do you want to take the high road? And I think that's the same thing with the impeachment. Do you want to win or do you want to really do what's right?
And so that's I think where we are. I think at least the Democrats are so desperate to get rid of Trump that they are going to go with what works. And that's just where we are. That's an interesting point to have a question for you.
Do you think the Democrat should start impeachment hearings? I do not. I don't think it's largely ceremonial because it doesn't go in the Senate. And I think they should, I don't say beat him at the ballot.
It just creates havoc. And we have to, it just doesn't, I don't think people are people are trying to talk about real topics. And there's they want things to move forward. And it only creates more acrimony and means no legislation and his stupid tantrum, which he looks like a big giant baby, which baby Huey that he is.
But it doesn't get us where we want to go. And I think people have less interest in that than anything else. And so it's too confusing too. It's very clear that that that that that Mueller wanted Congress to act because he couldn't because he couldn't.
And so it doesn't really matter. Like people just don't want the grifter to get off. Well, we might have let the grifter off and win on the rail on the things. And so the question is can we have an election free of interference by foreign bodies?
We'll see about that. But we can talk about that next week. There you go. Scott, thank you so much.
What do you know from the Memorial Day? I'm going to the beach. I'm going to the beach with a lot of family. A lot like way too much family, way too much family.
Okay. When you say beach, where? I hope it's Robeth. Robeth Beach.
My friend has a house. Robeth. That's right. That's right.
That's where I'm going. I do not for some reason. I just don't see. I could have I could guess a thousand beaches and I wouldn't have said.
I am just having to be in DC. And so therefore, that's where I'm going. And then I'm getting ready for code. And I'm very excited for you to come to code.
I know everyone says I get invited to the one in frickin Arizona. Everyone says that place it used to have is beautiful. And I end up in the desert. Well, we can't see there.
There was. We had to move it. I'm not even going to why we had to move it. It's union issues that we could not go over.
But it's not it's not a different one. It's the same conference. It's just we had to move it. That's just the way it goes.
Do I look like someone who gets a hotspot massage? Do I look like I need a hotspot massage? You need one for sure. Seriously.
We're putting you in a beautiful one of the most beautiful resorts in America. And you're complaining. But that's all right. Who are the one or two speakers are most excited about?
I'm doing a Kellyanne Conway by her by her jewelry. I'm totally pimping her right now. We were the one or two most speaker most excited about other than me. I like all of them.
I like all of them. I like all of them. I think all of them. The CEO that I had a YouTube is going to be there, right?
Yes, Susan. Yes. That's right. Yeah.
Yeah. Yeah. Doing tremendous damage to the world. I'm looking forward to meeting.
Okay. Good. Okay. Well, I want you to get up and ask questions apart.
Anyway, Scott, we got to go. All right. How's your book signing going? How's your book signing going?
You know, it's definitely a role total gangster. We hosted 400 people last night at Stern. Thank you. Thank you for asking.
It made me feel very loved and appreciated. Yeah. The book is doing well, right? Yeah.
It's doing. Yeah. It's doing. I've sold literally chair.
We've sold dozens and dozens of copies. Okay. Okay. We've got Galloway book.
It's called the Algebra of Happiness. Thank you, Tara. Thank you. Bye.
Bye. I hope you're part of your book party in New York. Thanks for the two weeks. Oh, it's going to be fabulous.
Anyway, all right. That's great. Okay. Ms.
Shot Kerwa is the executive producer of Pivot. Thanks also to Eric Johnson. Thanks for listening to Pivot from Fox Media. We'll be back next week for more of a breakdown of all things tech and business.
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