The Prof G Pod with Scott Galloway No Mercy / No Malice: Addiction Economy
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Feb 1, 2025 T-Mobile's latest promotions spark a discussion on strategic management tools and investment strategies. The podcast delves into the addiction economy, revealing how industries profit from exploiting human cravings. It highlights the mental health toll of technology, contrasting Apple's preventive measures with profit-driven models like Alphabet's. The conversation takes a darker turn, exploring how tech fosters addiction and neglect, while examining our evolutionary instincts and their role in societal violence. A call for awareness amid rising digital dependency is emphasized.
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Addiction Economy
- America isn't an attention economy, but an addiction economy.
- This encompasses media, tech, substances, and healthcare, fueled by dopamine.
Historical Dopamine
- Historically, valuable companies turned dopamine into consumption.
- Tobacco, food, pharma, and retailers selling both substances and treatments are examples.
Dopamine Merchants
- Eight of the top 10 most valuable businesses turn dopamine into attention or support those who do.
- Food companies engineer products for "bliss points", maximizing consumption, not nutrition.