The Prof G Pod with Scott Galloway Office Hours: Philanthropy, What to Do About Standardized Testing, and the Algebra of Making Predictions
Mar 14, 2022
Dive into the debate around standardized testing, with insights on recent changes in the UC system. Explore the contrasting philanthropic landscapes of Europe and America, featuring figures like Mackenzie Scott. The discussion includes strategies for effective charitable giving and the importance of anonymity. Additionally, uncover the art of making predictions in business, blending intuition with data analysis, while examining past forecasts on major companies like Amazon.
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Standardized Testing Debate
- Standardized tests, intended as levelers, have been co-opted by the wealthy.
- Eliminating tests may shift advantages to other areas like legacy or extracurriculars.
China's Test Prep Crackdown
- In China, the CCP shut down test prep companies to ensure university access wasn't solely for the rich.
- This mirrors concerns about wealth's influence on US college admissions.
Early Philanthropy
- Embrace philanthropy early and find what brings you joy in giving.
- Consider smaller, direct donations for immediate impact and personal reward.