The Prof G Pod with Scott Galloway Prof G Markets: Nike’s Dramatic Downfall & Britain’s Road to Economic Recovery
34 snips
Jul 15, 2024 The conversation kicks off with Microsoft and Apple stepping back from their roles at OpenAI, sparking discussion about corporate ethics in tech. Nike's dramatic decline is dissected, revealing struggles against competitors like Lululemon and raising questions about leadership strategies. Meanwhile, the state of the UK economy is explored post-election, with critiques of the Labour party’s manifesto and insights into government growth policies. Lively banter and stock predictions add a dynamic flair to the analysis of these pressing topics.
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Big Tech's AI Dominance
- Microsoft and Apple relinquished OpenAI board seats due to regulatory pressure, not genuine competition concerns.
- Their influence remains, highlighting Big Tech's dominance in AI.
CNN+ Anecdote
- Scott Galloway recounts his CNN+ show's brief success before the platform's sudden cancellation.
- This illustrates the challenges of new ventures, even with initial positive indicators.
Musk's Unreasonable Demands
- Oracle and XAI's failed server deal suggests Elon Musk's demanding nature.
- Even close relationships can't always accommodate unreasonable demands in business.