Pivot Big Tech wants to be your wallet and your healthcare provider. What could go wrong?
Nov 15, 2019
Explore how Silicon Valley giants are diving into finance by offering credit cards and checking accounts, raising concerns over data security. Google’s Nightingale project aims to revolutionize healthcare with AI-driven treatment recommendations, but skepticism looms. The rivalry between Alibaba and Amazon sparks interesting discussions, while Dara Khosrowshahi's controversial comments create waves. Light-hearted banter on Disney+ and the joys of filmmaking adds a lively touch to the tech-heavy dialogue.
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Big Tech Expansion
- Big tech companies like Apple, Google, Facebook, and Amazon are expanding into new sectors like finance and healthcare.
- This shift is driven by their desire to become the operating system for users' digital lives and the need for new growth opportunities.
Finance Disruption
- Big Tech's foray into finance presents both opportunities and challenges. The unbanked population and inefficient financial processes offer significant market potential.
- However, regulatory hurdles and lobbying by established banks pose obstacles to disruption.
Cash Love
- Scott Galloway loves carrying cash, especially euros, because they make him feel secure.
- He also enjoys the aesthetic of the euro currency.