The Prof G Pod with Scott Galloway Office Hours: App Store Fees, Remote vs. In-Person Learning, and Spending Time with Sick Loved Ones
Aug 16, 2021
Dive into a captivating discussion on the hefty app store fees and Elon Musk's take on corporate monopolies. Explore why in-person learning may hold the edge over online classes for some. A heartfelt conversation reveals the challenges of spending time with a terminally ill loved one, balancing grief, love, and personal ambitions. Discover the intricacies of navigating care while coping with profound loss, emphasizing how grief can intertwine with joy in meaningful ways.
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Privacy as Profit
- Tim Cook’s stance on privacy conveniently aligns with Apple's business model.
- He criticizes the ad-supported internet because Apple doesn't profit from ads but earns revenue from paid apps, incentivizing a shift away from advertising.
Unfair Competition
- Apple's control over the App Store creates an uneven playing field for competitors like Spotify, who face a 30% disadvantage due to Apple's fees.
- This advantage allows Apple to reinvest more aggressively and potentially prioritize its own services in search results.
App Store as Global Tax
- Apple's App Store fees, especially the 30% cut for developers, are excessive and act as a global tax on the internet.
- This is because Apple's iOS platform dominates the app economy due to its user base's higher purchasing power.