Amazon's OpenAI Deal, Netflix Explores Warner Bros. Bid, and Elon's Flying Car

Speaker 1 Support for this show comes from Apple. Before it was Pivot, it was just an idea, and the place where my ideas could take flight was always on my Mac.

Speaker 1 I've been using a Mac for everything since I started using computers, and of course, an iPhone. I got one of the first ones.

Speaker 1 You know, I use my Mac all the time when I'm doing podcasts, especially when I was traveling. But I used it in the very beginning of doing podcasts when I did remote stuff.

Speaker 1 And no matter what you have an idea for, whether it's an innovative piece of tech, a groundbreaking policy, or a short story concept you can't get out of your head, go for it.

Speaker 1 You just need to get started. Great ideas? Start on Mac.
Find yours at apple.com slash Mac.

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Speaker 3 So you're telling me that the AI that's meant to make everyone's job easier to manage just adds more to manage on top of the thousands of apps the IT department already manages. Funny how that works.

Speaker 3 Any business can add AI. IBM helps you scale and manage AI to change how you do business.
Let's create Smarter Business, IBM.

Speaker 2 You're actually a

Speaker 2 decent, a decent kind of mediocre, maybe good interviewer. You're actually okay.

Speaker 2 You're getting there.

Speaker 1 Hi, everyone. This is Pivot from New York Magazine and the Vox Media Podcast Network.
I'm Kara Swisher, and now I must sing to Scott Galloway on his birthday.

Speaker 2 No. Yes.

Speaker 1 Yes, yes.

Speaker 1 Now.

Speaker 1 Happy birthday to you.

Speaker 2 You live in a zoo.

Speaker 1 You look like a monkey because you're wearing a monkey suit. And you act like one, too.

Speaker 2 When did we get so old, Kara?

Speaker 1 What happened? I don't know, Scott. You look good, though.
You have a suit on because I understand you went on many, much of television today.

Speaker 2 I was on Morning Joe, then

Speaker 2 The Today Show, and I just got back from The View where I basically, they asked me about my father and I started crying in front of an audience.

Speaker 1 Oh, that's perfect.

Speaker 2 Oh, that's with all the ladies, right? God. Yeah.

Speaker 1 Savannah Guthrie wrote me a letter. Oh, she loves you.
She said Scott Galloway for president. She loves you.

Speaker 2 Yeah, I was on with her and Craig. Craig.
Handsome Craig. Yeah, handsome Craig.
And she looks like she's. Handsome Sabana, too.
Yeah.

Speaker 2 She's a nice person. Yeah,

Speaker 2 she seems actually, she's a real woman of faith. And I like the way she positions her faith.
I think it's really.

Speaker 2 I interviewed her about that when her book was. I remember that.
Yeah. But I'm a total media whore this morning.
I'm absolutely everywhere.

Speaker 1 Yeah. So that's good, though.

Speaker 2 Whereas usually I'm just a whore. You're just a whore.
Just a hoe. How's morning Joe?

Speaker 1 How's the morning, Joe? Did you

Speaker 2 flirt with the two of them?

Speaker 2 Well, they were remote. I guess they're down in Florida or somewhere.

Speaker 1 They don't leave their home now. Okay.

Speaker 2 Yeah, they don't leave it.

Speaker 2 They roll out of bed and roll in. But you know what? They've always been, you know how some shows, you know, they just want you to win? Yeah.
That's what Morning Joe is for me.

Speaker 2 Joe and Mika always like try to set me up for success. And

Speaker 2 so I really like it there. And plus, they always make me somehow, they make me look less awful.
I like look reasonable in that show. This is how vain I am.

Speaker 2 I think about what shows make me look the best.

Speaker 2 But I love, I would say of all the things I go on, I think Mars number one because I find him, I find that show just so challenging and interesting, the format. But Morning Joe for me is really,

Speaker 2 I think they do a great job with the co-agregon. I mean, the bottom line is between the Morning Joe, The View, the Today Show.

Speaker 2 As much as I criticize TV, when you see just how much activity is going on behind the scenes,

Speaker 2 they give great TV.

Speaker 1 They do. They do.
And let me tell you, let me give you information. They sell fucking books.
I got to say, after The View, my book sales rocketed of more than Bill Maher and

Speaker 1 The View, I would say,

Speaker 1 and today's show.

Speaker 2 Yeah, and I was on with Fareed yesterday.

Speaker 2 Oh, good. So yeah, I'm

Speaker 2 really brought it up. I'm ubiquitous.
I'm like AOL in the 90s. You stick your hand into a cereal box, you're going to pull out a little dog.

Speaker 1 Little dog. Let me ask you a question.
How was The View ladies? Were they nice to you? Did they stroke you after you cried?

Speaker 2 They were really.

Speaker 1 They did whoopies get the fuck out of it.

Speaker 2 This is my second time. They've always been really lovely to me.
It was Anna Navarro, Whoopee, obviously,

Speaker 2 Alyssa Farah, who unfortunately is pregnant because I was thinking there was a shot that she would leave her husband for me.

Speaker 1 That's not. I didn't know that.

Speaker 2 That doesn't seem to be going very well. Yeah.
And then Sonny, who's

Speaker 2 who looks 18 and she has a son who's a doctor. Yeah.
Yeah. And she wanted advice.
She's saying, I'm going to give your book to my son. I'm like, oh, really? What's he doing?

Speaker 2 It's like, well, he's a Harvard educated doctor. I'm like, no, he needs to mentor me.
He needs to write a book and I'll read it. Like, he's just fine.
He's tracking. He's tracking.
That's good.

Speaker 2 But yeah, they couldn't be. Who's next?

Speaker 1 What's your next thing besides our pivot tour coming up? We've got one more show before our pivot tour.

Speaker 2 Oh, my God. You and I for a week.
Come on. I'm on Anderson Cooper tonight.
I'm on MSNBC tomorrow. Yeah.

Speaker 2 I'm on Christian Amandpur tomorrow.

Speaker 2 I'm everywhere. You are you.

Speaker 1 It's going to be too much, Scott. May I just say, how is your birthday going? The reason I sang is because I thought about playing the Stevie Wonder song, but YouTube dings us when we put music up.

Speaker 2 Oh, yeah.

Speaker 2 I'm being very genuine. I don't like my birthday.
I don't. I don't enjoy it.
I don't want to be reminded of my age. Oh, well.
I don't. I don't like gifts.
I don't.

Speaker 2 I would rather, if I could delete anything, you know how we have those delete me ads?

Speaker 2 What we need is an app called Delete Birthday, where everybody forgets you actually have birthdays.

Speaker 1 Oh, now I sent you that edible arrangement. No, I didn't.

Speaker 2 Actually, I'm shocked. In one of the many times you stayed here, you haven't arranged my edibles.
I know, I have. Still turn a phrase there.

Speaker 1 I saw that, but I actually have done that. I looked through them at length one night when I was bored.

Speaker 2 God.

Speaker 1 I didn't take any of them, just so you know.

Speaker 2 Yeah, you need to start.

Speaker 1 I know, but I just was interested in them, and I looked them up, and I Googled all of them and everything.

Speaker 2 Did you? Yeah. Is that part of the problem? My psychotic breaks? No, not

Speaker 2 at all well i am glad you're here another year well thank you for that

Speaker 1 i appreciate it you look very nice too you're a little hunched over sit up straight with that suit on sorry there you go

Speaker 2 all right yeah you're looking nice that's your go-to suit isn't it that's your go-to outfit yeah no you know what's funny is i've i've consistently i have probably i don't know a dozen suits i like i like the idea of suits and then i find one i like and i wear the same thing over and over you look very mom donny right now i'll tell you

Speaker 1 he loves a suit

Speaker 2 it's my birthday do you really want to bring that? That's my birthday.

Speaker 1 I'm just saying, come on, he wears a suit. He shows respect for people.

Speaker 2 I like it.

Speaker 2 I think he's a good-looking guy. And he wears a suit, though.
I'll give him this.

Speaker 1 He does from respect.

Speaker 2 I think the learning, I keep getting calls from Democrats. What do you think of it?

Speaker 2 The Democrats can take a lot from his campaign. I'll give him this.
You know, I think you and I are a little bit different,

Speaker 2 different views on his policies. I don't think there's any denying that the Democrats can learn a lot from his campaign.

Speaker 1 Well, we'll see. If he does, we'll see.
You never know. People can surprise you on lots of ways.
I think he seems to have talked to a lot more people than you think.

Speaker 1 I think he's very similar to AOC, who has pivoted much more to the center than

Speaker 2 is that right of AOC?

Speaker 1 Yes, 100%.

Speaker 2 I think they learn.

Speaker 1 They want to be in position. Same thing with Marjorie Taylor Greene.
Like, they're all pivoting in a way that makes them far.

Speaker 2 Is he kind of suspicious of MTG, though? I'm just not sure.

Speaker 2 No, I agree.

Speaker 1 I thought she was.

Speaker 2 I think she likes the attention, and she's getting a lot of attention.

Speaker 1 She's doing a good job at getting it. I'll tell you that.

Speaker 2 Well, someone asked me who I was. She's a Jewish space lasers, yes.

Speaker 2 Someone asked me who the leader of the Democratic Party was, and I said, Marjorie Taylor Greene.

Speaker 2 She's, she's been,

Speaker 2 but

Speaker 2 yeah, it'll be, look, people have asked me, well, what happens if he wins? I'm like, if he, if he wins?

Speaker 1 Nothing.

Speaker 2 First off, I'm not a New York resident, but if he wins, like any candidate that wins, to be, I think, a good American, you have an obligation to be as supportive as possible and let them prove you wrong.

Speaker 2 Correct. And be supportive and let their actions speak.

Speaker 2 You have to open up to the possibility that maybe your preconceived notions that they were a terrible person because you get so caught up in the emotion of politics, give them the benefit of the doubt and rally behind them for a certain amount of time and let them, you know, have them,

Speaker 2 let them have their honeymoon. So I, and by the way, I'm saying this as if it's a foregone conclusion.

Speaker 2 It's really interesting, there are these ads on these bus shelters in Manhattan showing the statistical probability of their win from Calci. It's a great ad campaign.
It shows Mondami at 92%

Speaker 2 or 93% and Cuomo at 8%. And they're on bus shelters everywhere.
And it says

Speaker 2 Calci Market.

Speaker 2 And you don't even realize it's an ad. It's such a brilliant ad because it shows.

Speaker 2 You don't have your screen up. It doesn't look like an ad.
It's information. And what you realize is that Calci is this place that people are going to now to help predict the future.

Speaker 2 It's the best branding campaign I've seen in a while. And Polymarket, Calci and Polymarket.
Yeah, I think that'll be.

Speaker 1 You know what? The only good thing I got to say,

Speaker 1 one bad thing, one good thing about that, I think he's definitely going to win. And let's just wait and see what he does.

Speaker 2 We'll see.

Speaker 2 I think that's fair.

Speaker 1 Wait and see. Wait and see.
And the second thing, and he has a lot of good ideas. Some aren't as good.
Some are good. Let's see.
He's fresh, right? That's the key thing. And he's got people.

Speaker 1 You just watch him going around New York everywhere he goes. He's created excitement around himself.

Speaker 2 I think he's a fantastic campaign. I think he's a fantastic campaigner, and I can't wait for food-sponsored food lines.
Oh, stop.

Speaker 2 You know what?

Speaker 1 Literally, the rich people have their own version of welfare every single fucking day of the week. So to give people a grocery store.

Speaker 2 Implicit in that statement is that I don't believe in a redistribution of income, which I do, but I don't think you have to be stupid about it.

Speaker 2 If you want to help young people find, give them food spams, put more money in their pockets.

Speaker 2 If you want to have lower cost of housing, give tax incentives to people who who build reasonable cost housing and let the private sector take over. Rent control will just take rents up.

Speaker 1 Anyway,

Speaker 2 it's rent stabilizing. Freezes.

Speaker 1 That's the word we're looking for.

Speaker 2 This is the good thing and the bad thing.

Speaker 1 One,

Speaker 1 put Andrew Cuomo away. Like, he must leave.
He must join some boards. Get rid of.
Andrew Cuomo, nobody wants you. Nobody wants you, really.

Speaker 1 So, and you've done every trick in the book except appeal to voters. That's one.
Two, Curtis Slua, I would give a job to. I think he shows of anybody in this race.

Speaker 2 He's a big winner coming out of this.

Speaker 1 Let me just say he loves New York.

Speaker 1 And if I were Mamdani, I would actually reach out to him because I have to say, I thought he's kooky as can be, but he's also conducted himself with a lot of grace, I think, right?

Speaker 1 He hasn't gotten out. He's talked about his issues.
He's loves his cats. That's besides the point.
But I think he really has made some really good points and some really crazy ones.

Speaker 1 But I would reach out to him. I just was very, I had a very different opinion of him.
And I think he's come a long way, let's just say. I agree.

Speaker 2 Although I will say

Speaker 2 I really don't like spoilers in the sense that I think everyone has a bit of an obligation to,

Speaker 2 whether he was in the race or not, I didn't.

Speaker 1 He's not a spoiler. He's the Republican candidate.
Cuomo's the spoiler. That's who the spoiler is.
He lost. He lost his primary and he couldn't stop.

Speaker 2 Yeah, but you're defining spoiler spoiler by party affiliation.

Speaker 2 I define spoiler by somebody who has no chance of winning and who is going to dictate the winner by virtue of the fact they're taking votes from someone else.

Speaker 2 Now, let me just say, even if he weren't in the race, I think Mondami would win, would still be the winner. But it's very unusual, and it works both ways.

Speaker 2 The reason Bill Clinton won was because of Ross Perot. If Ross Perot had not been in the race or dropped out, Bush would have won.
If

Speaker 2 Nader had not been in the race, Gore would have won. So

Speaker 2 I do think that you have an obligation, if you have no chance of winning, to let people decide between the two candidates who have a chance of winning.

Speaker 2 I don't know. Cuomo is a very do you think Nader should have stayed in the race?

Speaker 1 He should have stayed in the race. I think Cuomo just literally can't get out of the fucking.

Speaker 1 And by the way, I think it would have been a lot more competitive with Curtis if Cuomo had butted the fuck out. Like, he was the Republican candidate.

Speaker 2 Cuomo lost

Speaker 2 the square.

Speaker 1 He lost fair and square, and he couldn't take it because he's a giant.

Speaker 1 I just, he's,

Speaker 1 I'm glad he will be leaving the scene if he loses. Anyway, we've got a lot of people.

Speaker 2 This will be the all-wrong

Speaker 1 Democratic Party is personified in that man. Anyway, we've got a lot to get.
I'm sure Chris Cuomo will write me a mean note, but sorry, Chris, it's true.

Speaker 1 We've got a lot to get to today, including Netflix exploring a bid for Warner Brothers Discovery and Elon Musk hints at a flying Tesla demo. Oh, good God.
Okay.

Speaker 1 But first, the government shutdown has now lasted more than a month. It's about to become the longest in U.S.
history.

Speaker 1 The 42 million Americans who receive food stamps will only get partial payments from the governments this month. It is really awful for them to do this.

Speaker 1 The Trump administration just told a federal judge that it would not tap additional funds for full payments.

Speaker 1 This after two federal judges ordered Trump to use emergency funds to keep the program running.

Speaker 1 Travel disruptions are also mounting with flight delays and staffing shortages at airports across the country.

Speaker 1 And as a new poll shows, most Americans blame President Trump, the Republicans in Congress for the ongoing shutdown.

Speaker 1 Ultimately, we're not political experts, but certainly from a business point of view, you saw the United CEO sort of shilling for the Trump White House, which is grotesque, sir.

Speaker 1 By the way, Mr. Kirby, I happen to be a global services person, and I am unhappy with your stance.
I think it's, you can blame both of them if you like, but to take any side, it was really irritating.

Speaker 1 Where are we? Where are we from a business and other perspective?

Speaker 2 Well,

Speaker 2 there's the strategic side of it. The Democrats are finally winning.

Speaker 2 They've picked a pointed, obvious issue, healthcare. They're right.
It always helps to be right.

Speaker 2 The increase in premiums is just untenable for a lot of people.

Speaker 2 And the Republican viewpoint of it is, well, we'll talk about this. This is no way to run government.

Speaker 2 It's like, well, folks, you voted for something that essentially transferred money from the health care of lower and middle-class households to wealthy for tax cuts.

Speaker 2 That's basically your big, beautiful view. So why should anyone trust that given the power where you already control all three houses of government, that then you're going to address this issue?

Speaker 2 So you're absolutely correct. The majority of Americans hold the GOP responsible for this.

Speaker 2 It's just almost alien, or it's an alien feeling to see the Democrats being strategic and pointed and united.

Speaker 2 Usually there's three or four of them who've taken money from the private equity industry or something

Speaker 1 of lobbying whore.

Speaker 2 So this is a big win so far. And then on a more existential level, I've been running around

Speaker 2 Midtown talking about masculinity.

Speaker 2 If you think about provider and prosperity, the whole point of prosperity, the whole point is such that you can protect people.

Speaker 2 And for them to be cutting off food stamps when the money is available, well, they have reserve funds. It's like, remember the movie with John Kusek, and they're in a massive rainstorm.

Speaker 2 They can't find a place to stay. They have no money.
And the woman says to John Kusek, oh, wait, I forgot I have my parents' credit card. It's like a $29 hotel.

Speaker 2 They're going to get out of this crazy rainstorm. She's like, and then she pauses and goes, oh, but I'm only supposed to use it in emergencies.

Speaker 2 And he looks at her and says, well, it's lucky this isn't an emergency.

Speaker 2 To not use every dollar possible to ensure that 14 million American children in the most prosperous nation in the history of the world have access to food, this is an emergency.

Speaker 2 And they just come across, it's the definition of anti-American, it's the definition of anti-masculine. They're using children as human shields.

Speaker 2 They think they can shame the Democrats into saying, we're more depraved than you.

Speaker 2 We trust, we believe that you're less depraved than us. It's like when Terrence Stamp played the nemesis of Superman, and he said, I found his weakness.

Speaker 2 He being Superman, he's like, he actually cares about them.

Speaker 2 Right now, the GOP is saying, as Zod, oh, we think their weaknesses, they actually care about these people, and we'll use them as human shields.

Speaker 2 And even though we have the money to pay for SNAP for several weeks longer available to us, we think they're going to blink. We're going to use them as human shields.

Speaker 1 And I think the American public, at least according to the polls is seeing through this so well i think what's interesting is the democrats are like we'll just show people who you are like let's we aren't going to save them you need to save them you're in charge of the go

Speaker 1 this is your big beautiful deal you run all the whole all you run the supreme court you run the house you run the senate you run the presidency if you kill them you kill them like we can't stop you you know that's i think it's actually

Speaker 1 i don't think the thing is will they because they really are a cruel bunch right them just fussing around on this snap thing is so ridiculous just pay the snap thing they want they can't lose on anything that's their whole thing no matter who who pays the price and they'll just look we look you know my angelu you know when you see someone you know believe it believe when when they tell you who they are so let's let them tell us who they are That's that's who I say.

Speaker 1 Yeah. Anyway, we'll see.
As I told you, remember that time when that Trump person told me some of the crazies in that group want to do it 47 days for his presidency. That's what it feels like.

Speaker 1 Anyway, I thought that was a ridiculous, stupid, juvenile thing, but here we are. By the way, I really enjoyed the Gatsby party.
Nice timing, President Trump. God.
I know, right?

Speaker 1 Like, literally, is there something like these are careless people? Like, the metaphors just write themselves. I mean, Gavin Newsom doesn't even have to try hard on these things.

Speaker 1 And he did a good job, actually. So let's move on.
We'll see. We'll see.
Do you have a prediction? Do you, what's going to move the needle?

Speaker 2 I got to think that

Speaker 2 it seems to me that the democrats are just shockingly unified and

Speaker 2 i would think i i want to get your prediction because as you've pointed out i'm famously bad at political predictions but i would think the republicans will say we'll come up with something that is like

Speaker 2 they'll claim that they're staying true to their principles but agree to some sort of accommodation. I just, I mean, what people don't, this is bad on so many levels.

Speaker 1 They've got to pass it. They can't just say they're going to pass it.
The Democrats don't believe that.

Speaker 2 Oh, no. The Democrats aren't going to go, yeah, the whole trust part of the program is over.
Yeah. We're not over.

Speaker 2 This notion somehow that the people who decided to take money out of SNAP and put it towards wealthy people's tax breaks, that all of a sudden they're going to have a change of heart.

Speaker 2 No, that's no one, you know,

Speaker 2 we're not going to be fool me once, right?

Speaker 2 I think what they'll come up with is some sort of accommodation that gives the Democrats at least some of what they want, maybe most of what they want, and they'll pretend to be the good guys and move on.

Speaker 2 But I think this is a rare-winning issue, but people don't realize this is more than just this is more than just

Speaker 2 kids going hungry and low-income families going hungry. There are 300,000 people in Veterans Affairs giving physical therapy and medical treatment to veterans.

Speaker 2 So we're going to leave our veterans in the cold right now? I mean,

Speaker 2 this really is sort of a, what's the point of all this prosperity if we're going to

Speaker 2 leave people out in the cold like this. I just,

Speaker 2 it really is very, um, feels very dysfunctional.

Speaker 1 Scrooge.

Speaker 1 Scrooge. Anyway,

Speaker 1 interesting story. Now, now it's getting interesting.
Netflix is actively exploring a bid for Warner Brothers Discovery Studio and streaming businesses.

Speaker 1 According to Reuters, the streamer has hired Investment Bank, and I don't know if more of this company is

Speaker 1 to evaluate a potential offer. This is the same bank that just advised Skydance on the Paramount deal.
Comcast could also be in the mix.

Speaker 1 President Mike Kavanaugh, who I think is very smart, said last week the company might consider bidding for certain Warner assets, though he noted a merger isn't necessary.

Speaker 1 This is really interesting because then David Zasoff now has some shit going on, right? And it's not so easy for the Paramount boys and their giant money to sail in there.

Speaker 1 It creates a feeling among shareholders that maybe especially the studio stuff is worth more

Speaker 1 apart than together.

Speaker 1 It gives some juice. What do you think? Or is it all just, it doesn't matter?

Speaker 2 So, first off, I got this wrong. I said just last week that I didn't think Netflix would get anywhere near this because they have such a strong culture.
What I think it says is a couple of things.

Speaker 2 One, I think this is sort of maybe an acknowledgement from Netflix that they've run out of greenfield or running room to grow their business organically.

Speaker 2 And what you said also resonates now, and that is there's some content here that really is singular, and they want to build a content library to kind of try and of catch up um to it's quite a content library think about it game of thrones like it's so good it's a lot

Speaker 2 sopranos think what they could do with the sopranos they could i mean like so much stuff just like and and not just new new stuff older stuff like real like the oh my god my favorite show i i don't know if you've have your favorite show i watch for me my parents or my parents my kids my sons refused to talk i was looking forward to the sex talk

Speaker 2 neither neither of them will ever let me talk about sex with them they've just decided that's horrific and dad no we don't will learn it on the street or from porn we have no interest in talking to you about it i think i have a sex talk with the boys i've decided that the ultimate sex education is they have to watch all eight seasons of me with game of game of thrones oh oh no oh 100 not sad it's got aspirational homosexual characters it's got real love stories Ingrid and Jonathan Snow is one of the most gripping love stories ever.

Speaker 2 It's got really bad behavior in terms of

Speaker 1 castrations.

Speaker 2 Okay. Well, there's that.
And rape.

Speaker 2 Like a lot of rape, a lot of like, okay, all right. Okay.

Speaker 1 You do your parenting. I'll do mine.

Speaker 2 But go ahead. So that's my sex ad for my sons

Speaker 2 is Game of Thrones for eight seasons.

Speaker 1 Galloway boys, come and see me. I'll help you.

Speaker 1 Those are all Richard Klepler, you know, our pal, Richard. He just texted me the other day.

Speaker 2 But if you think about what's so interesting about HBO is with, I think, a content budget of about $2 billion versus $18 and Netflix, the culture at HBO must be so extraordinary because they consistently punch above their weight class.

Speaker 1 Yeah, it's first it was Bucas, then it was Klepler, and now it's Casey Bloyd.

Speaker 2 Michael Fuchs

Speaker 2 was way back in the day.

Speaker 2 But my God,

Speaker 2 some of the content, Sex in the City, I think

Speaker 2 was incredible. Think about all all the things, and then even girls, the modern kind of sex in the city, I thought that was incredible.
Have you seen Chernobyl? Chernobyl's incredible, yeah.

Speaker 1 All of it, I mean, it just this makes a lot of sense, as I told you, for Netflix. It does, and it all, but what it does for David Sazoff is it shows off the stuff that it's worth.

Speaker 1 Like, don't let these dip shits at Paramount get everything for cheap, right? Don't like, don't hand it over to these guys who've already shown relatively bad behavior in terms of media.

Speaker 1 But it's so valuable, like this studio and streaming stuff. And then you can figure out what to do with the new stuff.
Just spin it all together, give it to

Speaker 1 Versant. That's what

Speaker 1 someone from there was saying, let's pronounce it Versant, not Versant.

Speaker 2 Versant.

Speaker 1 Versant, like it's a croissant.

Speaker 1 I don't know. It doesn't make it any better.

Speaker 2 But what they're probably doing,

Speaker 2 I would be shocked. I think what they're doing is the following.

Speaker 2 I think, by the way, Molis has established itself as one of the, is absolutely, in my opinion, the premier investment bank as it relates to media. They're outstanding at what they do.

Speaker 2 What I think this is, what they probably do is they've all signed crazy NBAs, and they're, I would bet, openly communicating

Speaker 2 what they'd be doing. I think they're willing to take pieces.
I can't imagine the Ellisons want all of this. And I would imagine that Netflix wants certain things that

Speaker 2 Ellison does not want and vice versa. And this might be a club deal where they take certain stuff.
And meanwhile, what you have is a CEO who's

Speaker 2 added so little shareholder value, who's positioning them against each other to do shit like maintain his leadership role and feather his nest.

Speaker 2 The only thing I know that's going to happen here is that David Zaslov is about to become the Adam Newman of media.

Speaker 2 And that is make a shit ton of money for destroying a lot of shareholder value by playing these guys off of each other. By the way, Warner Brothers Discovery,

Speaker 2 there needs to be a special committee of the board looking at every deal, and Zaslov is there to wave his hands and get them excited. He should not be negotiating this deal.

Speaker 2 Because the one thing we know about Zaslov is he will extract a great deal of shareholder money and put it in his pocket as opposed to shareholders.

Speaker 1 If he gets a lot of money for it, I guess that'll be worth it to them. But it is interesting that now there's some activity.
And again, as we say, guys, get in here. There's some very valuable things.

Speaker 1 Don't let the Nepo baby get everything. There's stuff that's real.
And also for Comcast, too, same thing. Same thing, same thing.
And there's ways to do this.

Speaker 1 Anyway, I just, I just like to see a fight. Fight, fight, fight.
All right, Scott, let's go on a quick break. When we come back, Apple and Amazon earnings.

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Speaker 1 Scott, we're back and we've got more earnings to discuss. Let's start with Apple.

Speaker 1 The surge in iPhone sales, surprise, gave Apple a big boost this past quarter, sending total revenue up $102 billion, up 8% from last year. Wow, that's a lot.

Speaker 1 It went to 102, up 8%. But it was a mixed bag for other parts of the business.
iPad and wearable sales were flat and sales in China fell about 3.6%. That's not a surprise.

Speaker 1 Although they don't have really sexy, the watches weren't that big a jump.

Speaker 2 I didn't get a new one, and I usually do.

Speaker 1 CapEx came in at $12 billion for the year, up 35% from last year and expected to grow, but it's still pretty low compared to what the rest of big tech is spending on AI.

Speaker 1 They seem rather frugal comparatively, but the others are,

Speaker 1 you know, spending like the proverbial drunken soldiers, sailors, excuse me. And speaking of what other big tech companies are spending, let's talk also about Amazon.

Speaker 1 CapEx continues to surge with more than $34 billion spent in the last quarter and a full-year total expected to top $125 billion. AI spending seems to be paying off.

Speaker 1 Amazon web services revenue jumped 20% from last year. It's fastest paced since 2022.

Speaker 1 Overall, it was a strong quarter for Amazon with $180 billion in revenue and sales up 13% year over year.

Speaker 1 And by the way, OpenAI just signed a $38 billion computing deal with AWS, another one, one of these, and its first contract with Amazon. So talk a little bit about

Speaker 1 this and how these companies can usually succeed in spite of tariffs. Obviously, they aren't affected by them.
Amazon might be a little bit and Trump chaos in general.

Speaker 2 I think it plays on Apple, too. Yeah.
Although they've gotten some exemptions, it's not clear what,

Speaker 2 you know, that gift,

Speaker 1 whatever it was, the golden calf, as I like to call it.

Speaker 2 Go ahead. Yeah,

Speaker 2 who knows what the tariffs are going to be on Apple. Apple, I would describe Apple's

Speaker 2 earnings earnings as unremarkable, but

Speaker 2 stronger than people expected. I think Apple's the most expensive of those stocks right now.

Speaker 2 I'm actually thinking about selling my Apple stock, which I've owned for 15 years, just because they're growing single digits, but they're trading like a growth stock. But I always buy the new iPhone.

Speaker 2 I find the new operating system to be a bit cumbersome. Me too.
But the battery life is great.

Speaker 2 And also iPhone sales, we don't know how much of it was front-loading because of tariff scares but the company continues to do well they have been sort of a sleeper on ai we'll see if they come through and do anything i i think that apple i mean what apple has done

Speaker 2 that will go down in the history books and they continue to do is that what they have pulled up the iphone is the most successful product in history if you just look at the amount of gross margin or gross dollar margin that's been created and the analogy i always use is that imagine an automobile company had the margins of ferrari with the production volumes of Toyota.

Speaker 2 It's the most, this just is sort of an anomaly in marketing. Typically, you go one of two ways.

Speaker 2 You go for the mass product that's a lower price, or you go for a niche, lower volume product that's more expensive.

Speaker 2 The iPhone is the most expensive phone on the market, but also the largest volume seller. You just never, you're never able to pull that off.
And they continue to sell more and more of these iPhones.

Speaker 2 It doesn't look like we keep predicting it's going to be spatial computing or there's something else. Doesn't appear.
It appears that they're stronger than ever.

Speaker 2 Amazon, which again is my big tech stock pick for 26,

Speaker 2 beat on bottom and top lines, up 13%, good AWS growth.

Speaker 2 By the way, sent the stock up 13% after hours. AWS reported 20% growth versus a whisper of 19.

Speaker 2 Their kind of AWS performance pushed back on the overhang here and that the overhang or the cloud over their cloud offering is that it's behind an AI.

Speaker 2 Their cloud growth hit its fastest pace in in three years, and Amazon added 3.8 gigawatts of new power capacity more than any other cloud provider.

Speaker 2 So they're going further downstream and giving the market more comfort that they have the power to actually do this shit.

Speaker 2 It opened something called Project Rainier, an $11 billion AI data center built to run Anthropic models, which is part of a partnership that will see Anthropic using 1 million Tranium 2 chips by the end of 2025.

Speaker 1 Yeah, that's their big part. That's Anthropic's big part.

Speaker 2 Well, and get used to this term Tranium 2, because I had never heard this term. Tranium 2 is Amazon's in-house AI chip that has become a multi-billion dollar business growing 150%,

Speaker 2 not year on year, quarter on quarter. So now Amazon is in kind of the niche NVIDIA business.

Speaker 1 Let me just tell you, you think they all want to depend on NVIDIA? No, no.

Speaker 2 Oh, they're all trying to figure out a chip. He's got a limited time, Crane.
And Amazon raised its 2025 CapEx forecast to $125 billion, signaling that AI demand is still accelerating.

Speaker 2 And by the way, you brought up a key component, and that is as a percentage of their top line revenue, Apple is dramatically an underspender in CapEx.

Speaker 1 So are they riding on the rails? What's going on? They're riding on the rails because you see AI throughout the phone. I'll tell you in this news system, it's always answering AI-like questions.

Speaker 1 Although, you know, whether you're using another app,

Speaker 1 every app has it in it. It just is using other people's AI.

Speaker 2 They're at a different point in the life cycle, and that is Apple, here's the problem.

Speaker 2 When shareholders get used to profits, it's like their lips get around the crackpipe of profit, and you take the crackpipe away, they get very angry. And basically, Apple, I don't want to say

Speaker 2 it's a financial engineering company, but basically their share buybacks, they've bought back like a third or a half of their stock.

Speaker 2 And the way their stock keeps going up is they're a cash generation machine, and they use that to buy back stock.

Speaker 2 So if a company, whereas with Meta and Amazon, people were sort of have a very recent memory of extraordinary CapEx and doesn't punish Amazon to the same extent if they reduce their profitability.

Speaker 2 And put another way, Apple acts and behaves and has shareholder expectations.

Speaker 2 It is more of a mature company, whereas the other three are still seen more as growth companies and their shareholder base has a greater tolerance for a greater tolerance for investment.

Speaker 2 So for example, you mentioned Jeff Buchas.

Speaker 2 The reason Jeff Buchas sold at the top of the market and convinced his board we should sell to these drunken fools at AT ⁇ T if they're willing to pay this money, because if you want me to compete with Netflix, I've got to go from being very profitable to very unprofitable.

Speaker 2 And our shareholder base didn't sign up for that. And there's going to be a revolt and this thing's going to sell off like crazy.
So in addition,

Speaker 2 I'm just blown away by Amazon's push in automation. If not for a one-time FTC charge and severance costs, operating margins would have hit 12%, which is a record high.
And again,

Speaker 2 the piece of the earnings call that just blew my mind in their retail unit.

Speaker 2 They are predicting by 2032 or 2033, in seven to eight years, they have put this out there, we can double the revenue of the second largest retailer by gross dollar volume in history, just behind Walmart, with no additional people.

Speaker 2 Automation.

Speaker 1 Automation. You know, in a way, they're way behind China, just so you know.
Just like you've seen some of this automation stuff happening.

Speaker 1 I think, and I've said this over and over and I wish you would focus on it, is everyone's focus on AI. I'd focus on robots and automation.

Speaker 1 Like that, to me, is where these leaps and bounds are happening in ways that really truly do save money in a different way.

Speaker 1 I think AI combined with automation and having just been in Korea and seeing some of this, it's really quite astonishing the cost savings in so many ways and how far this automation has gone.

Speaker 1 I think it's the unto, I think AI gets, is doing the fan dance, but automation is something people should be paying attention to. And Amazon has always been forefront when they bought Kiva.

Speaker 1 It really made me sit up and take notice at the time. That was many, many years ago.
All right.

Speaker 1 Also, President Trump says that NVIDIA's most powerful AI chips, the Blackwell series, are staying in America.

Speaker 1 Trump told 60 Minutes that China and possibly other countries wouldn't be allowed to buy them, basically keeping America's AI technology at home.

Speaker 1 Trump did leave the door open for China to buy less advanced NVIDIA chips, which they are apparently, but not the top-tier stuff.

Speaker 1 This came just days after he met with Chinese President Xi Jinping in South Korea, where Trump said the chip issue didn't actually come up in conversation.

Speaker 1 So this is the result of all the Trump flossing of Jensen Huang.

Speaker 1 I was a little confused by this statement.

Speaker 1 But I guess they're not going to be able to sell them.

Speaker 2 So there. There's a very interesting debate taking place in the dynamics around global trade, and that is we sequester or embargo our chips from being shipped, our best chips being shipped to China.

Speaker 2 Now, the question is, should we not be letting China create parity in terms of the most sophisticated brains to empower weapons, media, or was that just motivation for them to do a workaround? Right.

Speaker 2 So, and by the way, I don't feel like I have an answer on that. I think it's a really interesting argument.

Speaker 1 Let them steal our stuff and do a workaround. I think that's the

Speaker 2 well, that's right. You create an incentive for them to call on their operatives.

Speaker 2 And by the way, I think what's interesting is I was speaking to someone who was in our intelligence apparatus, and he's like, do you realize no spy ever thinks they're doing anything wrong?

Speaker 2 If you're a Chinese national and you're given an unbelievable opportunity to come study in the U.S.

Speaker 2 and and they get you a job at Google from someone they know who shall remain nameless and they start asking for your advisory and your help on stuff, you don't feel like a spy, right?

Speaker 2 You don't feel like you're spying for the U.S. And there are Chinese operatives everywhere.
There are Chinese soft assets everywhere.

Speaker 2 And their playbook is, okay, if you're, if Siemens, if you're not going to sell us these cell towers because you see strategic initiative in it, I don't remember that was the case.

Speaker 2 We'll figure out a way to reverse engineer them, get some key critical IP, copy it and sell it back to you for 40 cents on the dollar, which your telco operators are going to love. So,

Speaker 2 would we be better off capturing all that shareholder value and saying, okay, we'll sell you these GPU hoppers? I don't know the answer to that. I think it's a real conundrum.

Speaker 2 What I'm increasingly convinced of, and this is our prediction a couple of weeks ago, I think if China really wanted to go for our heart and lungs and really go for the jugular, they would be spending a lot of money and coordinating an effort to dump.

Speaker 2 So, the U.S. steel industry, essentially, the Chinese were convinced were accused of dumping.
And that was, okay, produce, we have all these steel plants in mainland China.

Speaker 2 We're going to dump steel into the U.S., meaning we're going to price it below even

Speaker 2 production costs. We're going to put every US steel company out of business and we're going to consolidate the market and then we'll raise prices.

Speaker 2 And by the way, a lot of big tech companies are accused of that. Amazon was accused essentially of dumping retail, pricing it below their costs.
No retailer could keep up.

Speaker 2 Boom, they own 50% of all e-commerce. And what do you know? They have slowly but surely raised their prices, right?

Speaker 2 I believe that China, the CCP, the key gangster move for them would be to dump AI, would be to dump LLMs.

Speaker 2 And that is create a series of LLMs and maybe chips and even new technologies, open source, open weight, dump it into the U.S.

Speaker 2 market and basically ruin Sam Altman's fever dreams of having a trillion-dollar IPO when every college kid starts using this new LLM or AI that is free and they can download in a second and

Speaker 2 or big enterprises start signing up for enterprise licenses or they say, we have

Speaker 2 a new LLM and a new AI technology that's not going to require you to build a bunch of nuclear power plants. If I were she, I'd be like, okay,

Speaker 2 we're not going to go after them

Speaker 2 kinetically or economically. What we're going to do is we're just going to engage in AI dumping because it is, it is so striking.

Speaker 2 Do you realize if it wasn't for AI right now, the market would be flat?

Speaker 1 Flat. Yeah.
You said, and this is what's you're, you made the thing that Amanda still brings up is which is like Trump would be in a lot more trouble if AI hadn't been boosting.

Speaker 2 We'd be in recession. GDP growth would be zero to negative right now if it wasn't for AI and the promise of AI.
And all you need to do is pop that balloon and say, guess what?

Speaker 2 We're going to old navy your ass. We're going to offer 80% of your expensive LLMs and expensive technology, and we're going to do it for not 50% of the price, for 0% of the price.

Speaker 2 And the thing about China is that the CCP can do this. They run their companies for control, not for profit.
But I think there's real existential threats here from China around AI.

Speaker 1 Well, we'll see. If they do it, we're going to blame you, Scott Galloway.
There you go.

Speaker 1 Happy birthday.

Speaker 1 Well, we'll see what happens here. But you're right.
You're right. This is all an AI party that we're all living in.
And we'll see if that sustains itself. All right, Scott, although if you're a doom,

Speaker 1 the problem with the AI people is you have one normal critical thing to say, and they're like, you're a doomsayer.

Speaker 1 And you're like, no, I just am a reasonable person that wonders, you know, that everything isn't going up and to the right. And speaking of which, let's go on a quick break when we come back.

Speaker 1 Elon says flying cars are coming soon.

Speaker 2 Sure.

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Speaker 1 Scott, we're back. Elon Musk is talking about the Tesla Roadster again.
Remember the sports car he's been promising for about eight years.

Speaker 1 That's you know, when we were supposed to land on Mars, and before that, we were supposed to get full autonomous. None of which has happened.

Speaker 1 He told Joe Rogan that Tesla is hoping to finally unveil it before the end of this year and hinted that it might be able to fly.

Speaker 1 He can't even deliver the car, but this is what he said. Let's listen to what he said about it.

Speaker 2 Like, this is some crazy, crazy technology we've got in this car. Crazy

Speaker 2 technology. Crazy, crazy.

Speaker 2 So different than what what was previously announced.

Speaker 2 Yes.

Speaker 2 And is that why you haven't released it yet? Because you keep fucking with it?

Speaker 2 It has crazy technology. Okay.

Speaker 2 Like, is it even a car? I'm not sure.

Speaker 2 Like

Speaker 2 it looks like a car.

Speaker 2 Let's just put it this way.

Speaker 2 It's crazier than anything James Bond.

Speaker 2 If you took all the James Bond cars and combined them, it's crazier than that.

Speaker 1 He seems crazy. As always, he's making this up.
I'm sorry. This is crazy to listen to him.

Speaker 2 And Joe Rogan,

Speaker 1 I don't mind Joe Rogan and his dumb incredulity, but God, can you ask a question like, hey, you haven't come out with it?

Speaker 1 Comments came right after Sam Altman posted that his, who is Musk's arch enemy, posted that he tried to cancel his roaster reservation from 2018, saying, look, I get delays happen, but seven and a half years is a bit much.

Speaker 1 Musk's got that huge shareholder vote coming this week about his trillion-dollar compensation package, so he's on the road talking to incredulous people like Joe Rogan.

Speaker 1 I mean,

Speaker 1 just deliver the fucking car, dude. Like, it doesn't have to fly.
Like, this is just nonsense. This is another one of his promises that promises made, promises broken, essentially.
I don't know.

Speaker 1 What do you think?

Speaker 2 Well, okay, so let's just look at the data. It's been 2,400 days since Elon said there would be 1 million Tesla Robotoxies within the year.
Oh, yeah, those are

Speaker 2 3,100 days since he said all superchargers were being converted to solar.

Speaker 2 It's been 3,300 days since Tesla started charging customers for self-driving software that he said would be able to drive from LA to New York City autonomously by the end of 2017.

Speaker 2 That still hasn't happened eight years later. It's been 1,100 days since he predicted that under his leadership, Twitter could reach a billion monthly users.

Speaker 2 It's been 1,700 days since he announced that he'd be uploading a full self-driving button to Tesla. This is no different.

Speaker 1 I I love your data. I love Scott brings the data.
Because you're a man. That's why.
Notes on being a man, bring the data.

Speaker 2 Swinging on those vines of data.

Speaker 2 Look,

Speaker 2 this is no different.

Speaker 2 Okay, so Trump will say and do anything to create a distraction from Epstein.

Speaker 2 Musk will say and promise anything to distract from the fact this is a fucking car company that should be worth 90% less than what it's worth right now. The Reboven.

Speaker 1 Did you see that chart I sent you? 312 times earnings compared to like Apple at 30 or whatever?

Speaker 2 It's crazy. It's become a meme stock.

Speaker 2 And by the way, this is not financial. Don't short this thing.
It could, who knows? Maybe crazy. But I remember that, I think it was the spy who loved me.
They had this amazing car, Bond car.

Speaker 2 So I'm fascinated by AV.

Speaker 1 That went into space, the one that went into space.

Speaker 2 They didn't have a car that went into space. They've had a flying car and the man with the golden gun, and then they had a car that went underwater.
The underwater one, yeah.

Speaker 2 Oh, I think that was a Spy Olumi, but I forget. Anyways, I know a little bit about aviation.
It's always fascinated me.

Speaker 2 I'm an investor in two aviation companies, a company called Boom Technologies, which is trying to create the first commercial supersonic plane since the Concorde.

Speaker 2 And I'm an investor in vertical aerospace in Europe, which is trying to create

Speaker 2 like a drone that carries people. It's an electricity.

Speaker 1 Yeah, vertical lift and take.

Speaker 2 Exactly. It's a super hot space.
Joby and Archer are the two SUS leaders, and

Speaker 2 Vertical Aerospace is the European leader. I know how much time, capital, and more than anything else, regulation is involved in producing...

Speaker 1 Oh, man, one of those falls on a crystal.

Speaker 2 Well,

Speaker 2 one of the great unlocks in our economy is that the FAA has basically said, we're going to certify these things to like four or five sigma, meaning that,

Speaker 2 okay, there's going to be 10,000 crash fatality or automobile accidents. America's been normalized by that.

Speaker 2 We have to get people so comfortable with this unnatural act of flying across the surface of the atmosphere at seven tenths the speed of sound in a metal tube with recirculated oxygen, which, quite frankly, feels very unnatural.

Speaker 2 So we've got to make it.

Speaker 1 Oh, thanks. I'm about to get on a plane.
Go ahead.

Speaker 2 We've got, pardon?

Speaker 1 I'm about to get on a plane tomorrow morning, but go ahead.

Speaker 2 Yeah, but the reason why people don't just fucking freak out and refuse to fly fly is that it's the safest form of travel ever invented.

Speaker 2 I mean, it's just, we used to have to eat our nieces and nephews to get across the Rockies. Now it takes us a couple hours and we get peanuts and a ginger ale.

Speaker 2 And no matter how neurotic you are, you try to let your data take over and realize the drive to the airport was about 30 times more dangerous than actually the plane ride.

Speaker 2 But my point is the certification to get a flying vehicle. This is all just fucking nonsense.
This is nothing but don't look at Jeffrey Epstein. Don't talk about Jeffrey Epstein.
And don't dare

Speaker 2 you refer to my company as just a great automobile company that should be trading at an $80 billion market cap, not a $1.4 trillion market cap. This is continued jazz hands and distraction.

Speaker 2 Nobody does it better than this guy. Yeah, he's like P.T.

Speaker 1 Barnum, but except he doesn't provide a circus.

Speaker 2 He's very good at this. And so immediately I got caught up on it.
It piqued my interest. And I forwarded it to the guys at Vertical Aerospace.

Speaker 2 And they came back and said, yeah, they'll show a video of this thing hovering 15 feet off the ground. It takes, I'm not exaggerating, it takes 10 years

Speaker 2 and billions to get any new aircraft into the air where you can take passengers in it. Oh, are you kidding?

Speaker 1 He can't even get the Robo Taxis going that well. Waymo is running right over him.
And the same thing with these, you're right, he will release some.

Speaker 2 He doesn't have a Roadster. He announced a Roadster in 2018, and Sam, Sam Altman keeps posting screenshots of his $50,000 deposit waiting for his Roadster to show up.

Speaker 1 Yeah, he's asked for it back. But, I mean, it's just ridiculous.
It's not going to fly. And by the way, other people have been working on it.

Speaker 1 For people who don't know, like Larry Page was invested in one of those flying cars. I don't doubt someday there'll be a hovercrafty kind of car.

Speaker 1 Not after we're long dead, but there'll be a hovercraft type of car. But it's not going to be widespread until long after you, me, and Elon have left this planet.
like, and not in the good way.

Speaker 1 This is just nonsense. And he's just doing it because he's on his little tour to show that he's like the master inventor and deserves a chance.

Speaker 2 It's got a distraction.

Speaker 2 I got to distract.

Speaker 1 It's just, he's not the master inventor anymore, folks. He's just not.

Speaker 1 He could have done a lot more instead. He's wasted his time on whatever the fuck he's doing.

Speaker 2 I don't know.

Speaker 1 And this is just more nonsense.

Speaker 2 I think that's a little bit unfair. I think SpaceX is extraordinary.
And I do think Starlink's.

Speaker 1 It's great for Gwynne Shotwell, then. I give him some.

Speaker 2 But he's harder.

Speaker 2 You got to give some credit oh fine greatness is in the agency of others and he manages that's great but he's had enough credit for her work I just feel like it's her now at this point well and and I get credit for your work I show up and press press record and you've done most of the hard work

Speaker 1 that's not true you you've you've more than

Speaker 1 leveled up let's just say thank you more than level

Speaker 1 he has not he has not um anyway um i know you're kind to him but this is just doing this kind of stuff means i wouldn't describe myself as kind to elon musk but at any rate. I know that.

Speaker 1 But what I'm saying, doing this kind of stuff tells me everything, which is like, it's crazy. Can't tell you.

Speaker 2 Ooh, shh, that's why I'm saying. And Joe Rogan.
I mean, it's literally like

Speaker 2 the biggest cocktail in the world that's not that attractive. It's like, okay, come on.

Speaker 2 It's like, Joe Rogan, oh, you mean you haven't delivered to us not because you're incompetent, but because there's more. Wait, mRNA vaccines alter your DNA? Huh? That's super interesting.

Speaker 2 No one's talking about it. No one's talking about it.

Speaker 1 Anyway, whatever.

Speaker 1 I don't have a problem with Joe Rogan being as incredulous as he is. That's his brand.
Anyway, one more quick break. We'll be back for Wins and Fails.

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Speaker 1 Okay, Scott, let's hear some wins and fails.

Speaker 2 You go first.

Speaker 2 So

Speaker 2 while we were sleeping, Amazon struck a deal with OpenAI.

Speaker 2 Their Cloud Arm signed a $38 billion deal with OpenAI.

Speaker 1 Yeah, we mentioned that, yeah.

Speaker 2 And

Speaker 2 it matters because if you control the infrastructure and AI models, you sort of set the terms. And

Speaker 2 so I, again, I think Amazon is

Speaker 2 on a roll here and about to bust out.

Speaker 2 My fail is pretty straightforward. Stop using children as human shields.

Speaker 2 And

Speaker 2 this is just not,

Speaker 2 you know,

Speaker 2 the most critical thing, regardless of what you, and I apologize for bringing this up. The most critical thing you could say of Hamas was that they were using children as human shields.

Speaker 2 Whether Whether you believe that's true or not, that is the worst insult you could make.

Speaker 1 I would agree with you on that.

Speaker 2 That was the worst insult you could make of anybody. And I think the Republicans are in a position to utilize and unlock emergency funds such that 14 million children have food.

Speaker 2 And instead, they've said no

Speaker 2 because they care more about kids than we do, and it'll put pressure on them. This is depraved.
It is the exact opposite of what it means to be a representative leader.

Speaker 2 It's the exact opposite of what it means to pretend to be masculine or a man or a leader. And by the way, I want to be clear, masculinity comes from men and women.
It's also,

Speaker 2 I won't get into gender, but it's just so,

Speaker 2 it's so embarrassing that the world's most prosperous country has decided to engage in political warfare and use children as human shields.

Speaker 1 Also, some of the misinformation about what people can buy on SNAP, they're quite strict in their pairweaves and extensions. Oh, my God, stop it.

Speaker 1 You can't even buy like a roasted chicken.

Speaker 2 You can't eat them by alcohol, can you?

Speaker 1 I go to the store, I see what's the Snapchat.

Speaker 2 That's where I get my calories is from Adela.

Speaker 1 Like every congressman that does that, I literally want to reach to the TV and throttle them. It's not true.
It's not popsicles and hair weaves, folks, which is also a version of race.

Speaker 1 Like the way that the words they're using are so ridiculous.

Speaker 1 There's a lot of this stuff in

Speaker 1 red states, white people, poor people. There's all kinds of poor people in in this country that are going to suffer.
And they're not going to eat. That's really what they're not going to do.

Speaker 1 And so the fact that it has to be made up for by charities and people's, other people, you know, people around the country when our government, we've paid into our government to pay for things like this.

Speaker 1 And it's worthwhile. And it is not being abused by people.
And meanwhile, they have a Gatsby thing. Oh, just drives me crazy.
You're 100% right.

Speaker 2 Do you have any wins and fails, Kara?

Speaker 1 Yes, I do. My fail was the interview on 60 Minutes.
It was a really disappointing interview of Trump.

Speaker 1 He lied.

Speaker 1 Listen, it was good for him. He just lied continually, and they didn't catch him.
I was dying. I like Nora O'Donnell.
I think she's very smart.

Speaker 1 I thought she did a very tough interview with Kamala Harris. I wish that Nora O'Donnell had shown up.

Speaker 1 I wish Chris Wallace was there. I wish Brett Baer was there.

Speaker 2 He did a lot of Chris Wallace. Chris, where are you?

Speaker 1 Chris, he's working. He's actually advising Paramount, oddly enough.
I wish he would. had done the interview, honestly.
He did a really tough interview on Trump that was fair, too.

Speaker 1 Brett Baer did a a pretty tough one, too. And I don't often think that's the case with Brett Bear.

Speaker 2 I have new found, I told you I went to that Master Honorist weekend, and Brett did a bunch of panels. I think he is a very talented journalist.
I did know him.

Speaker 2 I was very impressed by him.

Speaker 1 He's a very nice fellow. He's my mother's favorite Fox News personality.
Oh, really? Yes, indeed. She loves Brett Bear.

Speaker 2 He looks like the high school college football star that got a 1400 on the SAT.

Speaker 1 Oh, does he? Yeah.

Speaker 2 I don't know. He looks like a scholar athlete.

Speaker 1 He likes to sing. That's all I know.
He sings with John Williams. He likes to sing.
He sings with Warner, Mark Warner. The two of them sing together.
It's weird.

Speaker 2 Senator Warner lasted.

Speaker 1 I was at a party and the two of them broke out. And I literally was like, I have to leave.

Speaker 2 I love Senator Warner.

Speaker 1 I was like, I have to leave Washington.

Speaker 2 I love Senator.

Speaker 2 If I could have anyone be president right now and installed, and it wouldn't cause revolution because the right doesn't think he's crazy left, it would be Senator Mark.

Speaker 1 Yeah, yeah, he's the, he's a great, he's a great, I had dinner with him recently. Um, but, uh, you always have to one-up.
I just tell him, I did. He likes you.
He talks about you all the time.

Speaker 1 He's like, how's Scott? How's Scott? You know, I like him too.

Speaker 1 Anyway, he and Brett Bear sang a delightful duet at a party I was at once, and it was quite, anyway, I thought it was a failure of an interview, and it was embarrassing, actually, for 60 minutes.

Speaker 1 Get some better questions. I think Nora certainly could have handled it, but didn't in this case.

Speaker 2 And let Trump go on and on and on. I liked her episode with Peter Atia, where we got to see how long she could do a free hang.

Speaker 1 Yeah, she's She's in good shape. Anyway,

Speaker 1 my win, of course, is Scott Galloway.

Speaker 2 Let's get him to the top of the best.

Speaker 1 You've been so supportive.

Speaker 2 I have. Push fun.

Speaker 1 Why wouldn't I be? Would you not be supportive?

Speaker 2 No, I literally think you're missing having boys around. You've been like, this is.

Speaker 2 I have plenty of children to support. My children are very demanding in many ways.

Speaker 2 It's embarrassing. I do not take compliments.

Speaker 1 I know, you don't. Just take it.
Happy birthday, first of all. I know you don't like it, but I'm happy it's your birthday.
I'm glad you're still here.

Speaker 2 Let's hurt.

Speaker 1 Let's just say.

Speaker 1 Don't worry. I will feed you soft foods.

Speaker 2 God for the scroll them list.

Speaker 1 When you get 92, I'll be feeding you soft foods. Don't worry.

Speaker 2 We're going to be like, do you know?

Speaker 2 Do you know those guys from Veeb at the end when they're showing them later in live? Yeah. And that guy is so foul and rude to his intern.
Yeah. And

Speaker 2 then he's pushing his intern around in a wheelchair. Yes.
Insulting him.

Speaker 1 Yes, yes, exactly.

Speaker 2 That's going to be you pushing me around.

Speaker 1 I am going to do that. Anyway, I hope you get to the top of the list.
I'm very excited for a tour that's coming up.

Speaker 1 And we want to hear from you. Send us your questions about business tech or whatever's on your mind.
Go to nymag.com slash pivot, submit a question for the show, or call 855-51-PIVOT.

Speaker 1 Speaking of Scott Galloway, elsewhere in the Karen Scott universe, on the latest episode of On with Karis Fisher, I spoke with someone named Scott Galloway about his new book, Notes on Being a Man.

Speaker 2 And On of Scott. We don't have enough Scott here.
I know.

Speaker 1 We don't. Listen, we have our show.
We can use it to talk about ourselves in our work. It's a very good book.
Anyway, you talked very candidly about your father, like you did on The View.

Speaker 1 I don't think you weeped, but let's listen to a clip.

Speaker 2 For 10 years, the last 20 years of his life, whenever we talk on the phone, he'd say, I love you. And it took me 10 years to say it back because it just felt awkward.

Speaker 2 I'm like, dad, I could have used this at eight. I need it at 38.
Right. But let me put it this way, at a very basic level, Kara.
He tried. He was better to me than his father was to me.
And also,

Speaker 2 I have made an exceptional living communicating. I got that from my father.
My father could hold a room like no person.

Speaker 2 And I have to acknowledge, and just because he didn't try, he didn't give it to me on a silver platter, there's no reason you can't be grateful.

Speaker 1 That was a very nice thing. I asked you what good thing, because you talked a lot about the deficits that you face, but I thought it was important to point out the good things.

Speaker 2 Well, this is going to be shocking to our viewers. You're actually

Speaker 2 a decent kind of mediocre, maybe good interviewer. You're actually okay.

Speaker 2 You're getting there. You're getting there.
I heard people tell me that. I've been told.
I've been told.

Speaker 1 Yeah, thank you. Thank you.
It was a good interview. And you're going to see a lot of Scott, but that's the one you should pay attention to.
Anyway, that's the show.

Speaker 1 Thanks for listening to Pivot, and be sure to like and subscribe to our YouTube channel. We'll be back on Friday, our last show before our week-long series of shows.

Speaker 1 We're going to run out of things to talk about. We're going to be coming there in Elon's flying car, obviously.

Speaker 1 And maybe we will have the Robovan in one place or something like that. Anyway, Scott, read us out.

Speaker 2 Today's show is produced by Larry Naiman, Zoe, Marcus, Taylor Griffin, and Christine Driscoll. Aaliyah Jackson engineered this episode.
Jim Mackle edited the video.

Speaker 2 Thanks also to Jaburros, Ms. Severo, Dan Shallant, and Kate Gallagher.
Nishaq Karaz, Vox Media's executive producer, podcast. Make sure to follow Pivot on your favorite podcast platform.

Speaker 2 Thanks for listening to Pivot from New York Magazine and Vox Media. You can subscribe to the magazine and whymag.com/slash pod.

Speaker 2 We'll be back later this week for another breakdown of all things tech and business.

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