16min chapter

The Prof G Pod with Scott Galloway cover image

Prof G Markets: OpenAI’s $90 Billion Valuation, FTC Takes on Amazon, and The Recession is Coming

The Prof G Pod with Scott Galloway

CHAPTER

Amazon's Market Power and AI Valuations

This chapter explores OpenAI's dramatic valuation increase to nearly $90 billion and the implications for the tech market amidst the AI hype cycle. It discusses Amazon's $4 billion investment in Anthropic, examining the potential benefits for both companies while also addressing the FTC's antitrust lawsuit against Amazon for anti-competitive practices. The conversation highlights the tension between Amazon's market dominance, its effects on startups and competition, and the need for collective negotiation among content creators.

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