Prof G Markets Nike’s Dramatic Downfall & Britain’s Road to Economic Recovery
11 snips
Jul 15, 2024 The discussion kicks off with Microsoft's and Apple's strategic exit from OpenAI’s board. Nike's dramatic fall from grace is analyzed, alongside insights from Scott's experience with the brand. They weigh in on whether Nike's stock is worth a purchase now. The conversation shifts to Britain's economic landscape post-election, focusing on the Labour party's ambitious plans and key concerns. The challenges of revitalizing a sports legacy against new competitors also take center stage, raising questions about leadership and innovation.
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OpenAI's Board Changes
- Microsoft's and Apple's simultaneous board observer departures from OpenAI suggest regulatory pressure.
- Their influence remains due to established relationships and prior strategic moves.
CNN+ Anecdote
- Scott Galloway recounts his experience with CNN+, where his show was briefly the most viewed before the platform's shutdown.
- He jokes about having "a face for podcasting."
Musk's Unreasonable Demands
- Elon Musk's cancelled server deal with Oracle, despite a close relationship with Larry Ellison, highlights Musk's demanding nature.
- Ellison backing away suggests Musk's demands were unreasonable.