The Prof G Pod with Scott Galloway The Evolution of Money and the Demise of CNN+ — with Eswar Prasad
Apr 28, 2022
Eswar Prasad, Tolani Senior Professor of Trade Policy at Cornell University and author of 'The Future of Money,' dives into the transformation of the global financial system. He highlights the growing importance of cryptocurrencies and how the U.S. Dollar continues to reign. Discussions also touch on the contrast between digital payment adoption in the U.S. and countries like China. Furthermore, they explore the trust dynamics in global finance and the need for resilience in navigating these changes.
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Show Cancellations
- Scott Galloway describes his experience with several canceled shows, including his recent show on CNN+.
- He jokes about being "the virus" that causes networks to fail.
Streaming Economics
- The streaming market is overspending on content, creating unsustainable economics.
- Streamers were spending $3,000 per household annually on content.
CNN+ Investment
- CNN+ invested only $300 million in original content, significantly less than competitors.
- Galloway contrasts this with the immense budgets of shows like "Stranger Things."
