Provocative Predictions for the Future of Tech with NYU Marketing Professor Scott Galloway

[@stuartdomingos]

🎯 Key Takeaways for quick navigation: 00:00 🎤 Introduction and Setting the Stage 01:06 🚢 Scott's Unconventional Presentation 02:31 📈 Economic Predictions 04:49 💼 The "Patagonia Vest Recession" 05:58 🤖 The Role of AI in Cost Reduction 08:06 ⚡ The Rapid Rise of Layoffs 11:54 ✈️ The Resurgence of Travel 13:08 🛒 Retail Disruption and the Gas Station Analogy 15:05 💰 Income Inequality and the Growth of the Wealthy Elite 18:12 🏦 Taxation, Wealthy Individuals, and Tax Code Myths 22:25 💰 Taxation and Wealth Distribution 23:40 🌟 Wealth from Luxury and Artificial Scarcity 25:36 🏡 Housing, Taxes, and Scarcity 27:32 💡 Artificial Scarcity as a Marketing Strategy 30:21 🌍 The Rise of Ultra-Luxury and Branding 34:06 🌐 The Future of AI 39:41 💬 The Role of Storytelling in Business 42:03 ✈️ AI in Travel 45:10 💉 AI and Healthcare 46:20 💸 Wealth Redistribution and Taxation 46:34 💰 Wealth Transfer from Young to Old 48:23 🚀 Space Tourism and Its Challenges 51:48 🪙 Advertising, Attention, and Polarization 54:11 🤖 AI and Low-Risk Relationships 56:34 ❤️ Love, Grief, and Regrets Made with HARPA AI

[@stevechance150]

Thank you for this.

[@Kingromstar]

This dude has a lot of valuable information to share

[@garypuckettmuse]

there it is you're saying thank you to AI.@@stevechance150

[@gayleroberts9765]

The ending was surprisingly touching and vulnerable. Powerful message, and I thought perhaps I even saw a tear in his eye.

[@salesandyou-salesskillsfor9268]

"The narrative is more important than the numbers". This is exactly how things are today. Narratives inspire vision, yes, but they must be firmly grounded on quantifiable metrics. Excellent insight!

[@abumzbum1869]

Unfortunately a lot of metrics aren’t what they seem to be, much like the inflationary graph. Statistics tell us it’s much lower than it is.

[@yonaxl]

What if that belief gets you left behind? Is it still true then?

[@aquicktake]

Pretty impactful that the last 10 seconds was the most powerful and impressionable part of the presentation. And, that 3 words could convey such an important message. Thanks for that.

[@simonalexanderwood]

He's so articulate, but this was the only moment he stumbled over his words.

[@JennyGlackin]

I am the girl pictured at 55:56... I am looking for a platform to explain why. And this stuff is going to make you go "hmmmmm"!!!

[@JennyGlackin]

studio.kzbin.info/door/Bbw640ZQt7DQfzBkq6Cv7Qediting/images

[@tigreytigrey8537]

You don't know what it means to be a mamal?

[@mbg9650]

So, what's your takeaway/lesson from the last 10 sec.?

[@jjgalletta66]

Of all the talking heads out in the world today, Scott Galloway is the BEST by far. Another bullseye, Professor!!!! 👏👏👏

[@vantage789]

Yeah he's really been spot on about crypto.

[@SportsIncorporated]

Are you a current or former student?

[@C.u.d.s]

Tbf he shit the bed on Peloton. But I still enjoy and appreciate his work.

[@gazlives]

@@vantage789 yeah he's wrong about tesla though. 'it's just a car company' is what the short term analysts have been saying for years. truth is they have the most advanced real world AI today. no one is catching up fast and they will dominate autonomous transport as they are the only ones that have the data and compute size to achieve it at scale and economically. 2 years time i would guess

[@jakobrosser7587]

I love Prof G’s podcast and books. However he was waaaaay off with the Covid-19 💉 clot shot.

[@jameswelch2850]

This video is criminally underviewed, even with all of the views it has had. It's like 20+ brilliant books you need to read all condensed in to 1 hour of a brilliant talk. Scott Galloway is what we need in 2023 and beyond.

[@raginald7mars408]

criminally Over Rated

[@OHMSdev]

@@raginald7mars408 whos better. serious question.

[@z5m2]

How much were you paid for this comment?

[@raginald7mars408]

@@z5m2 5 cents 100 death Threats

[@richrdroma]

He has some interesting points but I also detect a lot of socialism disguised by humble bragging or if it's the other way around. Not so fresh.

[@victor-balta]

That's one of the best presentations I have watched in a while. We need more of these!!!

[@JennyGlackin]

I am the girl pictured at 55:56... I am looking for a platform to explain why. And this stuff is going to make you go "hmmmmm"!!!

[@MaxPaint-c8m]

Great at presenting, terrible at predicting anything ever. Always wrong

[@josealexi5141]

@@JennyGlackin so you're making insane profits off other people's misery?

[@pramodnair7776]

SUPERB!!!! Last question ....lingers!!!!

[@FPL_Jai]

It's crazy to think, but Professor Scott will likely never know how much of a positive impact he has had on my life. I am so grateful I came across him a few years back. More people need to read/watch/listen to his stuff. What a legend.

[@TheKakashims]

Such a great talk, eye-opening and insightful, but the last 10 seconds, oh my God, they were so emotionally charged that it made me tearful! And I know, that of all the messages that Scott conveyed, the last one will stick with me!

[@RobOK_BTC]

i'm glad you posted this, i might not have otherwise watched the end.... it is wise.

[@JennyGlackin]

I am the girl pictured at 55:56... I am looking for a platform to explain why. And this stuff is going to make you go "hmmmmm"!!!

[@JennyGlackin]

studio.kzbin.info/door/Bbw640ZQt7DQfzBkq6Cv7Qediting/images

[@mbg9650]

It's banding. It's what he sells.

[@relicreturns]

Powerful closing question!

[@GraczPierwszy]

ask artificial intelligence if you don't know 😎

[@stephencolwell2381]

Scott, you’re a gift to the world and one of the few who can seamlessly weave between the mundane and the profound. Immeasurable value from your talks. Thank you.

[@ViralKiller]

@@freethink9510 stop posting this again and again

[@karengriffin9145]

Scott - you speak with authenticity and your talk was engaging because it is clear that it’s from a place of truthfulness in your beliefs. After watching this I just have to say I hope you find peace in your life. There is more. ❤

[@mauiflyingdress2178]

I listen to his podcast every day. Not always in agreement but always thoughtful.

[@ehhalexx]

This hit me deeply wow, I struggle with depression a lot think he's called this societal trend spot on across the economy, modern social dynamics, with technology and our inability to just embrace what we have and where we are. Breaks my heart to connect so much with this speech because I know how hard it is to bear what I do.

[@dhruvpanchal1695]

we didnt really need to know that youre depressed

[@howardwong2181]

@@dhruvpanchal1695 sure but your comment technically had even less value. you would never say that to someone in person. so why do you do this here?

[@dhruvpanchal1695]

@@howardwong2181 🤓

[@SPQRxUSAxNUSA]

I hate listening to Scott not because I don't understand it,but because I get so outraged by how the system works that I have to pause and pause and listen to it 3 times before I'm able to understand calmly.

[@caby9311]

Thats misunderstood words. If you don't have a definition straight away look up the word find the right definition and make sentences till you got it then look up the other definition definitions and do the same. Then look up the derivation and sinonims. I know it a big job. But you will become super literate and be able to apply what you have learned. LR Hubbard You'll get out of it quicker with a simple dictionary lol

[@Hakunamatata67301]

Lol you’re having to listen to this three times to get it? I’m assuming you’re not in the top 0.1% 😂

[@SPQRxUSAxNUSA]

@@Hakunamatata67301 neither are you if this is how you amuse yourself.

[@Hakunamatata67301]

How many times did you have to read my comment to understand it buddy

[@markwolgin]

Some people tell their lessons of life through novels or stories, and Scott's are through his business acumen, but always with a tinge of existential angst. The last part was so real. Thank you so much.

[@AFuller2020]

What has Simon done?

[@georgpaulusberger1064]

At min. 19:16 he splits a 100 USD into the following amounts: 54,40 49,90 0,70 This obviously adds up to 105,00 USD. What am I missing out what is it that I don't understand?

[@TA-iu5jq]

Good catch. That slide just about sums up the effort he put into this presentation.

[@ViralKiller]

I think this is the first video where my attention was fully captured by someone from start to finish

[@Cloudnine2024]

Damn that was good! Watched it in one go. The ending was so real. You can feel his own struggle with never really being in the moment. Enjoying his experiences. I also know exactly how he feels. I'm successful in my own right. Not on his level but I can imagine the experience being the same. My mind never really appreciates what I'm experiencing and it's always working, thinking, scheming, planning, strategizing. If it's not doing that, it's criticizing myself for mistakes made. It's maddening sometimes. The only thing that seems to enable this state of being totally present isn't meditation, unfortunately. It's THC. Weed gummies or just straight up smoking a joint. Personally, I don't it a lot. But when I do, I almost feel normal. This presentation definitely felt as time well spend.

[@Scottinuk]

What a presentation. This is the best I’ve seen this year. Very impressive.

[@benjaminbalazs]

Breathtaking really

[@amdave76]

This guy is fantastic.

[@GraceLaiMD]

"Space is called space for a reason... It doesn't want you there"😂

[@brandonranciato7004]

Wow Scott, what words of wisdom, I love how you intertwine your life experiences in your lecture. Very inspiring, insightful and profound. The world needs to hear this….

[@ryanalbrecht3331]

Execellent talk, really appreciate the in-depth look at a lot of these problems we all seem to have less and less time to deal with.

[@TheAngelaoddone]

This is an excellent talk! Telehealth for psychotherapy has been what I've been doing for years. It's actually more intimate, because it's usually from clients' homes, than when they'd come to see me in my office. Eliminating the commute helps a lot wrt time and money.

[@IsraelPadillaC]

I am here, from Barcelona, Spain. Loved the talk. Bravo!!

[@skippybe]

Love this for so many reasons. The closing line had me in tears.

[@howardwong2181]

I concur. We all keep replaying the closing line because it's the underlying lesson for overacheivers. At this time it's the most replayed part of the video.

[@gregoryallen0001]

@@freethink9510this guy is a hype man apologies to all who love him 🧘🏻‍♀️

[@k.t.5405]

min 13:52 "What industries are RIPE for disruption?" Scotty says : 1) Time machine (save people time ie Healthcare management) 2) Health Insurance 3) min 1:02:42 Real world socialization (Are you really here? Did my life happen?) What are your top 3?

[@mistersample]

Thanks Prof. Galloway. I appreciate your macro thinking and present reflection. Peace Love and Light.

[@АндрейВ-ъ8ж]

It's one of the best presentation and thoughts I've ever heard.

[@LevelofClarity]

The end of this is strong. Damn. "Are you here?" The Sam Harris shoutout was great. These two in a long form conversation together would be fantastic.

[@karl7487]

100% agree two of the most lucid orators

[@Dronezone101]

WOW, A REAL EYE OPENER, THANK YOU!!!

[@65andSpry]

OMG Prof G. That’s all I have to say. I am here thank you!!

[@dwightfloyd607]

“That’s all I got”a drop the microphone moment! Still excellent on the second watch…

[@KingUnique888]

This is the type of professor that makes learning fun

[@MarkoTraveler]

Brilliant, wide-angle analysis backed up by lots of research, stats, stories, and inspiring insights into our humanity. Thank you.

[@jordanmyhre7277]

​@freethink9510 LMAO!! How many different responses can you possibly make by cope-pasting the same? What is this the 2nd or 3rd I've came across. How about instead of strawman vague generalizations you actually get specific about the points you disagree with, and bring some facts and sources like he does in your counter point?

[@johnpingo9133]

Fantastic talk Professor Galloway!

[@JesperAndersen]

Beautiful, insightful and vulnerable presentation. Thank you, Scott.

[@TheAlphatraveller]

Such a packed 1 hour of amazing talk! Loved hearing it....

[@schalkvanwyk8141]

Man… that was worth the hour.

[@evanauster7325]

Fascinating presentation and very emotional at the end. But my question is what happened to the Q&A? I would’ve loved to have heard some of the guest questions and his responses. 😢

[@jkaur4736]

What a tour de force! So well presented, intellectually stimulating and emotionally charged. Thank you Professor G for sharing your insights on work, tech and life 🙏

[@JennyGlackin]

studio.kzbin.info/door/Bbw640ZQt7DQfzBkq6Cv7Qediting/images

[@anguila1]

"Are you here?!"

[@miguelrodriguez7253]

Good talk, an equal amount of agreeable points and debatable points.

[@jgonsalk]

This was straight up amazing. He covered so much and was fascinating. Great takes on so many things. What a ride!

[@AFuller2020]

He was part of the “men are evil” movement, now he’s not happy with the result.

[@OHMSdev]

@@freethink9510 bro why are you spam posting

[@MRKDjarod]

Absolutely incredible. Not really sure what else I can say to that. The sheer variety of data presented, the context it was presented within, and that beautiful message at the end. A really great talk that I think most anyone would benefit from.

[@chenlim2165]

LOL, what an absolute flex to be introduced by Simon Sinek. Great talk. Tons of insights.

[@MarcoBonechi]

Sinek is just hot air

[@Espacemtl]

I needed this.Thanks.

[@yourewelcomeamericathepodc1601]

29:07 this radiates every time I’ve heard you speak

[@antoniovandias8653]

Absolutely fascinating. Thank you Scott

[@anyariv]

“By the time you hit 38 you have trouble adapting to the way you look after that” 😂😂😂 omg hit the nail on the head!!! About his final “are you here?” Are you in the now? I say that to my husband all the time. Humans are time travelers. Literally. No one is actually ever in the present. There is literally no present, the moment you say “now”, it’s already gone. And we spend 99% of our days either in the past or planning the future we might not ever have. It’s actually a challenge to catch yourself in mental time travel and bring yourself into your present reality, but you gotta do it. It’s the only way to truly enjoy life. You know who time travels less? Kids. Kids are mostly in the moment. We need to relearn how to be like a kid again. Not only to enjoy the moment, but to think more positively and to have more wonder for the world and to have more trust in each other. Before it’s too late.

[@johnnynephrite6147]

I love it when Scott repeats my talking points about wealth inequality and how the rich get richer, which leads to them getting more power, which leads to them getting even richer. I especially appreciate that he understands how I predict it always ends. In revolution. What I will ding him on is that his numbers at 19:00 add up to $105. That causes me great concern.

[@braddley39e]

I immediately stop what I'm doing when I hear him on cable news I have playing in background.

[@backcountyrpilot]

At 62, I don’t have health insurance either. I negotiate cash price with doctors. They’ll normally charge an individual about half what they charge a 3rd-party payer.

[@ojacevedo]

Great talk. I love life and living in the present. Opposed to the past or future. That is the meaning of life.

[@jamesdeininger3759]

22:43 - What does he mean by “tax rate plummets” after $1M income? I understand that capital gains is only 15%, but what exactly are they investing in? And how does this replace income?

[@catherinesalacuse3284]

Your spicy humor is to add to your singularities & not the least appreciated. The cherry on the cake as you say here 👍🇫🇷🇺🇸

[@fmjmedia22]

Been listening to this on repeat

[@PavelKamyshov]

Awesome. Must watch to every young and old person.

[@unibeastbeats]

this is one of the best stand-up sets I've seen in a while

[@gloriamariadc7757]

Epic!! & yes th last 5-10min so so so aplicable to all of us!!! “When I die will I see all th beauty that I actually did hav but wasn’t present for?”🙏🏻🙏🏻🙏🏻

[@Vectrex-pi5ib]

2:40 in and he is already wrong about the Writers strike. This doesn't bode well.

[@wOLF-DS]

Scott's talk is music to my ears. It is just one truth bomb after another.

[@panpenl7800]

34:05 what's the meaning of 30 or 40 exits?

[@canadiangemstones7636]

Selling businesses. He’s made millions doing so.

[@panpenl7800]

thanks~~@@canadiangemstones7636

[@KarenMariaAlston]

I missed Summit at Sea this year and definitely plan to attend next year. I have watched this video two times and shared it with friends. The data presented has helped me to think deeper on my own goals and to limit regrets. This shift to the .01 is scary and something we need to talk about as a society. This presentation is a gift and thank you for allowing more people to view and share it!

[@crislenta]

Oh my god guys, incredible talk, BUT PLEASE, someone tell where did he buy that t-shirt from. It looks fantastic!

[@HHLPA]

18:22 There's no way to describe how much dread this fills me with. And it's even worse outside the US. I live in Spain and I've been turned into a zombie since 2020, I'm only still alive out of hope and that's basically clinging desperately to a hypothetical future where life is worth living, cause right now it isn't.

[@LeanneHughes]

Those last 30 seconds! Gosh this was great. Lots to mull over.

[@fredericdominioni4891]

Thanks Scott. Your altruistic wisdoms and blunt critiques of capitalism flaws and benefits are akin to a shot of fresh cold liquid experience based truth, which once inoculated, wakes up the soul and make you ask the hard questions and force you to be "there". Keep it but and come visit Baja once of these days.

[@thethinkingcap8296]

20:23 what was the lady in the front doing snapping fingers?

[@anakissedboyle3067]

20.20 vision , mic drop , on point Scott Galloway at 20:20 mins I might not like what he is saying but omfg I’m so glad he saying it

[@bobsingh7949]

Brilliant. One of the best general talks one is gonna come across

[@DugganSean]

That was good and agree mostly, think he's wrong on Tesla being just a car company but other than that thought provoking

[@andysinclair943]

That was incredible.

[@Mintyseden]

Where can I find the Q&A season?

[@jamestownsend8002]

Beautiful ending. Sums up humanity’s situation so well. 👏

[@JennyGlackin]

I am the girl pictured at 55:56... I am looking for a platform to explain why. And this stuff is going to make you go "hmmmmm"!!!

[@celialum9863]

Love your perspective! Where did your tax rate numbers come from for income over $150k?

[@barbarosozturk]

Thanks for sharing this! It's great to have access to Prof G's presentations conveniently like this.

[@SillyTube9]

The time bit, THAT is correct.

[@richipotes]

Wow that was excellent, wonderful perspective at the end

[@Chewychaca]

Thank you for the insight on our society and our lives, we all appreciate how much you shared about yourself too, it takes guts to be vulnerable like that. Gotta love youtube!

[@Chewychaca]

@@freethink9510 He is against the metaverse and space exploration? The value of institutions do go up with scarcity whether or not he is a professor. It's not that he wants it to be the case, he think it just is the case. He is actually in favor of expanding class sizes. I'm not sure what you are trying to say about ayahuasca, but he's obviously turning around to psychedelics. He absolutely would be more correct if he said ' I think/hope/postulate', but I don't think that is the purpose of his talk. He is taking a risk and making bold claims, so you may see him as impudent or brazen, but he is also audacious and daring, which means he will command attention and push his ideas forward. He risks being more wrong, but more predictive. He is also not light on data that backs these claims up as he literally crammed as many slides as he could in the time that he had. So I'm not entirely sure what you are expecting from him. Maybe not appropriate for a university lecture hall, but perfect for a summit like this.

[@kraxnsepp]

Loving the frankness of his talk

[@JuliaSheehy]

Externalities... glad I heard this presentation. Excellent

[@kiaranr]

The ending went hard. As I've seen my kids grow up I panic about being around them, but so rarely being present with them. 😢

[@kahvac]

This is for you...

[@Hulga2007]

That hour just went by in a minute!

[@goodtechdoor]

One of the best I've seen youtube.

[@tompeltier9127]

Very good presentation… insightful and to the point I particularly around young men and their relationships Worth watching folks

[@corujariousa]

Great video and very realistic/honest points. There is nothing wrong with being rich but when the rules (tax code, etc) allow for capital accumulation to happen at the astronomical levels we see for a few decades, Democracy and Capitalism start to implode. Corruption, fascism, outrageous conspiratorial ideations are at unsustainable levels. Currently, there are waiting lines to buy increasingly large yachts and private jets. High luxury watches are now auctioned for 5-10 times the manufacturers' prices and sell quickly.

[@ReflectionOcean]

- ****0:00**** - Simon Sinek introduces Scott Galloway. - ****1:00**** - Scott Galloway starts his presentation with a focus on travel and predictions around tech. - ****2:27**** - Galloway questions the likelihood of an imminent recession. - ****3:01**** - Discussion on the decline of inflation and unemployment rates. - ****5:33**** - Emphasis on the strategy of cost reduction in businesses. - ****8:00**** - Insights into the changing job market and advice for those facing unemployment. - ****10:01**** - Galloway speaks on the increase in travel and changes post-COVID. - ****12:01**** - The travel industry's exploitation of the COVID situation to increase profit margins. - ****14:01**** - Critique of the luxury and scarcity model in business. - ****16:00**** - Analysis of the disturbing growth of income inequality. - ****19:41**** - The alarming concentration of wealth among the few. - ****23:25**** - The negative impacts of the modern tax structure. - ****28:25**** - The role of artificial scarcity in the luxury market. - ****31:12**** - The rise of ultra-luxury brands and services. - ****34:02**** - The future of sports teams as luxury investments. - ****37:00**** - Galloway's optimistic view on the potential of AI technology. - ****41:47**** - The application of AI in the travel industry. - ****47:02**** - The societal impact of loneliness and reduced human interaction. - ****50:03**** - The vulnerability of the healthcare industry to AI disruption. - ****55:02**** - Concerns about the replacement of human relationships with AI. - ****1:00:09**** - Reflections on life's biggest regrets and the importance of living in the present.

[@ChrisBrengel]

50:41 price to orbit 59:07 live to 54

[@joshmccann359]

Thought the take on space tourism contradictory since its similar to the idea of targeting the luxury end of the market

[@Ashkan547]

Is the presentation available somewhere?

[@DejayClayton]

Even watching this alone by myself, I clapped at the end.

[@constantine2061]

One of the best talks I’ve heard in a while!!!

[@gm1847]

AUTHENTIC, insightful, illuminating and a lot of angst. BE HERE NOW. Same old, same old. final sad regret. “Life….I was really never there for it”.

[@georgenemtzov]

Scott Galloway walks into a bar. “Look at me, I’m so successful and so depressed. Who wants to be like me?” Everyone raises their hand.

[@Ann-qz7bl.]

Mr. Galloway. Is. Right. On. He. Is. Very. Clear. Bravo. L.p.

[@POVAlienMD]

This video is a must watch. Wake up and be aware

[@illu1na]

Amazing talk, wish there was qna session too. Thanks for sharing!

[@craig7272]

Absolutely brilliant, funny, deep and thought provoking all at the same time. Great presentation!