The Prof G Pod with Scott Galloway Office Hours: Tesla’s Competition, Identity Verification, the Scam of Tenure, and Public vs. Private Companies
Jun 14, 2021
Scott dives into Tesla's competitive landscape as it faces new and old challengers in the EV market. He discusses the crucial role of identity verification in fostering trust across digital platforms. The conversation shifts to the potential of employee-owned businesses as an alternative to public companies, dissecting the pros and cons of each structure. Finally, Scott critiques the tenure system in academia, shedding light on the disparities between tenured and adjunct faculty. It's a thought-provoking exploration of business and education!
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Tesla's Overvaluation
- Tesla's overvaluation makes it unsustainable despite its innovative products and positive impact.
- Competition from Apple, Ford, Rivian, and GM threatens Tesla's market share.
Identity Verification Market
- Identity verification is crucial for online trust and safety, exemplified by platforms like Airbnb and Uber.
- Investing in identity verification is promising due to its increasing importance in the digital age.
Private vs. Public Companies: Examples
- Rolex, a private company, invests in civic projects, demonstrating that private firms can prioritize social good.
- Dr. Bose's privately held firm, Bose, donates its profits to MIT, showcasing private companies' philanthropic potential.