YouSaid · the spoken record

Scott Galloway

lines on the record: 150
first: 2026-05-04
most recent: 2026-05-04
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Well, we said this before. He's a proxy for all of AI. I think the greatest brand destruction other than the US over the last 18 months has been AI and also Sam Altman. But we keep falling into this trap over and over. And that is something happened through the 70s, 80s, and 90s. And that is America, its heroes used to be athletes, government officials, and actors. And then there was a dramatic decline in attendance to religious institutions, but people still have really big questions and want sort of an authority or a godlike figure. The closest thing we have to religion is technology. Most people don't understand it. It has a mystical feel to it. I have no idea how my phone works. I can ask anything and it comes back with a relatively authoritative answer that I trust, some of what I was talking or praying. I feel like most of the time when we're on AI, we're kind of praying. We're sending a question into the ECO to a being thinking it's smarter than us and it's going to come back with an empathetic loving.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Because occasionally they're right And so we talked about Musk for a guy to think I'm going to raise so much money and command technology that I can be responsible for 90% of launches and control, 70% of the Earth's low orbit satellites, that's pretty arrogant. So yeah, I agree with you. And let me put it this way. If you're going to air to the upside, because the market will bring you back on its own.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“A function of your opportunity set and what's actually the market says to you. I think pricing is a signal I struggle with pricing. And what I tell whenever we're writing a proposal or whenever I'm, okay, whatever I get back, I'm like, okay, increase the pricing 30 or 50% more because pricing is a signal. And you can always take the price down. And the client, the person will always come back and ask for the price now. But I mean, quite frankly, and this is sexist, I think men are better at imagining an unrealistic self and women are more measured. And I think that's one of the things that has held back women as entrepreneurs and the fact that not as much capital has been available to them because the people allocating capital and white dudes from Stanford are Harvard. 40% of VCs are from two schools. I think it was Charlie Munger who said someone who has a crazy vision of their own potential that's stupid and obnoxious. His attitude was never bet against that person.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, there's something about imagining where you want to be in five years outrageously in the reverse engineering back. But the moment you took that 300K, you really needed it. I mean, that was...”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“They're comfortable with no. And unfortunately, I think young people, especially young men, are becoming less and less resilient to know. Apply for jobs you're not qualified for. Apply to graduate programs you shouldn't get into. Approach people who you perceive as being cooler and hotter than you and express friendship and romantic interest. That is the key. You want to punch above your weight class, get out a big spoon and get ready to eat shit. That is the only thing that is common across all great entrepreneurs who are self-made is they have the ability to mourn and move on.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I mean, so any person you look at and think that person has made more money than I would have thought, or any person who's hanging out with someone, much higher character and hotter than them has one thing in common. They either have very rich parents or more likely.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“They want to move out of their parents' house and they want a girlfriend. And so once we do the friend approach, then I say, okay, find someone you may be potentially interested in, ask them out for coffee. And this is the goal. The goal is no. Because what's going to happen is you might get a no, probably going to get a no, and then I'm going to call you the next day and I'm going to say, are you okay? And the answer is going to be yes. Is he or she okay? The person who said no. Yeah, they're fine. Because, and I'm boasting that the secret to my success is rejection. I ran for sophomore, junior, and senior class president in my high school. I lost all three times. And based on my track record, I decided to run for senior student body president where I went on to get this, lose. It never bothered me. I mean, I mourned and I moved on. Every entrepreneur, how many knows have you gotten?”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“The skill that is the biggest threat that people are, young people are losing, especially young men. And this is a skill, and it's hugely underrated. Is the ability to endure rejection. And because of AI and because of these frictionless relationships that people are engaging in online, I think a lot of young people, especially young men, are losing the perseverance, endurance, willingness to hear no, whether it's expressing friendship, whether it's applying for a job you're not qualified for, whether it's approaching someone and expressing romantic interests. I think a lot of young people, especially young men, think they can have a frictionless relationship online and they're losing their sense of resilience and aggressiveness. So I think that skill, when I mentor young men, the first skill I try to reincorporate back into their life is what I call no. And that is I need you to go out. I need you to go put yourself in the agency of strangers, whether it's a church group, a sports league, a riding class. And I want you to make an overture, an expression of friendship. Hey, do you want to grab the Arsenal game or watch Kimberley House and watch it? And then most of these kids, when you ask them what they want, they usually want two things, the men I mentor.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I still believe that everything reverse engineers to biology a certain fundamental understanding of the sciences, those seem to be pretty enduring. My oldest said he wanted to be a marine bibologist. I'm like, who are you kidding? You got seasick. I mean, at 18, you want them to be smart, good people, aggressive, support them becoming their own person, which I've had trouble with. I want them to be mini-me's. helping them find something they're great at but telling your kid no you need to go into this because this is where the future's going no we don't know i mean we have we know the basics i would want my kid to be able to write well to be able to look someone in the eye to be competitive you know i i encourage them to play sports to do chores which they do none of but other than that i don't know what do you think are going to be the skills of the future i think it's really difficult to know i think what you said”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Right? I see even a guy like Alex Carp at Palantir walking around doing a live earnings call on his phone. It's very compelling. Jensen Huang, you know, when he does these giant buffet-like stadiums where he gets up and he's like a rock star, that's storytelling. Technology is, I think, going to create an equalization among the product. Reverse engineering created parity among manufactured products. I think most technology is going to converge. And we're seeing that convergence in AI models. So I think the point of differentiation is relationships, right? Do I want to work with this person? Do I know about their kids? Do I like them? At the end of the day, I have three different law firms pitching me business, three different investment banks, three different CRM companies. Who do I have the best relationship with and who do I want to work with? So storytelling, it sounds very passe, but the ability to establish strong relationships with other sentient beings.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Whether it's podcasting, I think you have to write well to be a great storyteller. But if you think about the most successful people in the world, at the end of the day, they're usually storytellers. The great CEOs, I read Jeff Bezos' 1997 letter to shareholders where he focused on those three principles. And I'm like, take my money.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“What would you say to that? I got asked that all the time what is the skill The honest answer is I have a view, but nobody knows. You realize 10 years ago in private schools, the biggest incremental investment in curriculum were two things. Computer science and Mandarin. How's that worked out? Like, thank God my kid knows Mandarin. I mean, said nobody right now, but they thought it was going to be computer science. And you could argue that hasn't worked out as well as everyone thought. I would say that the enduring skill is storytelling, and that is your ability to look at data, create a narrative arc, and then communicate that story in a compelling way via all the different mediums.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I used to be able to do fantastic. I could do a Scotsman accent, Stephen, like no one's business a few years ago. That part of my brain has died. And when I tried to do an accent, it sounds like a dead language that twins speak to each other and it offends everybody. There's parts of your brain that die. And the part where you can understand new technologies or at least have the will to learn them starts to go away as you get older. I have to force myself to play with these new technologies. Everyone who wants to make more money or wants to hold on to their job should have the same bonus to learn these new skills.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“So I don't, yeah, you got to update your skills. The cycle time's decreasing. A lot of people find themselves on the wrong side of the trade. I have to force myself to use AI. The part of your brain around understanding new technologies begins to die, right? I can no longer perceive accountability.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“So accounting should go away. But what you're saying is there's actually more accounts this year than there was last year because accountants, the smart ones, are moving into wealth management and tax optimization, which keeps getting more and more complicated. So, yeah, do you have an onus to update your skills to understand? I remember when I first moved to New York and they hired an assistant for me and she came in and said, oh, I don't use computers. I'm like, well, you can't work here. So it's like to say you're not going to learn AI, or at least the basics on how to use it, it's like being a 1998 and saying, well, I don't use PCs.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Was a secretary. She started as a typist. Typists went away. She oversaw the secretarial typist pool at a law school downtown, and I worked in the mailroom in high school. But my mom realized that the hard part of her job was interacting with a senior level executive, and she became an executive assistant. And she never made a lot of money, but she made good money, realizing the typing was the easy part of her job. The hard part was managing some dude's life, right?”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“But let's continue down that path. You no longer need five mollies than you need one. Creates additional EBITDA and margin, creates a more profitable diary of a CEO empire, means you can raise more money, and then you go buy more podcasts or invest in them who hire more people. And it creates a faster cycle of money and new ideas. And when we were walking in here, you're talking about acquiring podcasting and you're getting into CPG and you're getting into different forms of media and you're driving growth and innovation. Will some people be on the wrong end of it? My mom.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“But I have a podcast company, not nearly the industrial behemoth this thing is, but I keep asking everybody, how do we use AI to do this? And I find that they're getting better at it and it enhances our work, but we're still hiring. Again, I think it's a supplement. And if you want to protect against AI, it's pretty easy. I've said this for a while. AI is not going to take your job, so I'm going to understand AI is going to take your job. So what I tell people is have a second screen, and that is always have a second screen open that has nothing but AI on it, LLMs. And anything you get digitally, pour it into your AI screen and start playing with it.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“You make those changes. Congratulations. You are now a senior associate at a law firm. I probably spend $100,000 to $300,000 a year on legal fees across my organization. I think I'll cut that easily by a third this year. So that's one way I see it”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“But where I see job destruction in my world is that I used to, anytime I got an agreement from anybody, an advertiser for a contract, an employment agreement, whatever it is, I'd send it to my lawyer and say, can you review this? And because the bills, there's latency in the bills, it probably costs somewhere between $400 and $2,000 to review every contract, right? Because I'm a narcissist and I think I signal by having a name brand law firm. And so they hire some kid at 120 or 80 to 120 bucks an hour and they charge me four to five hundred, right? Now I say to the person in charge of that project and they say, well, I'm sending it to their contract review to our lawyer. I'm like, no, no, no, no. Put the agreement. Describe what we're looking for. Ask Claude or ChatGPT to pretend it's a $1,200 lawyer, an hour lawyer, employment lawyer, or contract lawyer, and ask them to review this document, red line it, and do the same thing at another LLM.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I'd hate to be a truck driver. To me, a long-haul truck driver is the first place. Trucks can drive between 10 p.m. and 4 a.m. when there's no traffic on the road. I don't think it's a very good job. What's interesting about, or one of the things interesting about truck drivers, it's the biggest employer of non-high school grads in America, of non-high school graduate males. It's the biggest employer. Really? It's actually one of the two or three, I think, biggest jobs by number of people in the United States. I would think within 10 years we're going to have very few long haul truckers. Obviously, customer service, it feels like that will likely go away.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“And the valuation they're planning to go out at is just extraordinary. Some of that is going to come at the cost of Tesla. I think people are waking up to the fact that Tesla is a great auto company. It should be trading at about a fifth of the valuation it is now”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“UID is basically an 80% of a Tesla. Some people would say 100% of a Tesla for 40% of the price. If there wasn't a ridiculous Tariff War right now, BYD, I think would be the number one EV in the United States. It's eating Tesla's lunch. In addition, what I think is going to happen about Tesla, credit where it's due, change the market, inspire the EV race, good for good for the planet. But when you look at its valuation right now, I think what you're going to see is when SpaceX goes public, there's a lot of money in the market that wants to get some of that musk riz. What you were talking about, this guy is incredible. I don't care how expensive it is. I want to invest behind Elon Musk. I get it. That money is about to come out of Tesla, which people are finally figuring out. It's just a great car company that should be trading at 30 times earnings, not 150. And it's going to go into SpaceX. So I think the boost, the retail surge in SpaceX, you can see.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Of our generation, but you asked about Tesla. I bought a Tesla. Incredible product, far superior to anything on the market. He deserves credit for inspiring the EV race, which will be good for the environment. But the reality is everyone's caught up. The fastest growing automobile company in history is BYD.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I just think it's absolutely, I've done podcasts from planes. I can talk to my sons on FaceTime. That product is, you know, all airlines are flying the same tin can, same routes, same bad food, a real point of differentiation for them. And us also in maritime. I think Starlink is the best tech product. So power to him. When they go public, SpaceX an amazing company or is it overvalued? The answer is yes, two can be true at the same time.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“The best product in my mind, the two products that have changed my life from a technology standpoint, most underrated product is AirPods. If AirPods alone, you know, Tim Cook just stepped down where its own product, it'd be a Fortune 50 company. I think I don't even think it's technology. I think it's the most profitable, ubiquitous piece of jewelry in history. I just walk around with them in my ears now. And then the best product, I think, in the last few years has been Starlink.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“$16 billion in revenue with $8 billion in profits, and it's going to go out in its IPO. It projected valuation of a $90 to $110 times revenues. When Google went public and went out at 10 times revenues and it was growing 10 times as fast. So what is this? The key attribute of an innovator right now is storytelling. And that is to make sure the promise is way ahead of the performance such that you can access cheap capital and pull the future forward. But a lot of this stuff I find is a lot of jazz hands.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“It creates cheap capital so you can pull the future forward. My understanding is three years ago we had a million autonomous Tesla taxis on the road, and that did not happen. In 2016, Musset or 2017, there was going to be autonomous was two years away driving. So their job is to predict a very exciting future. I also think Musk in particular is very good at saying, look over here as he stuffs a rabbit into a hat. I mean, Tesla is an automobile company, so he's got to create a story to justify its 155 times earnings when most automobile companies trade at 10 or 15. So it's robots. It's space. It's connectivity with AI and autonomous and robots. It's constantly look over here because I think it's very difficult to justify the valuations he's raised money at. And to be clear, he as much as anybody is able to pull that vision forward. He's launched 90% of the rockets sent into space have been by SpaceX. But this is a company that's trading that has...”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, I get it. I just don't, the stuff I've seen on actual application of these robots, and keep in mind, these individuals, the job of the CEO now is it used to be to underpromise and overdel. Now it's to overpromise and under-deliver and create a vision.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“There's a million at Amazon. So, a million Amazon is two and a half times the number of industrialized robots as the rest of the nation combined. But the notion that we're going to have someone in our house bringing our tea, a robot, I don't buy that at all. I think that automated robotics, the collision of advanced manufacturing in China and using AI with robotics will yield tremendous advantage. Amazon is saying they're going to double their largest business, which is their retail business, by 2032, without an incremental higher using robotics, industrialized robots. And they were early. They made an acquisition 10, 15 years ago of a robotics company called Kiva. But the notion that there's going to be a robot bringing me my tea here, that's bullshit. The scary thing for me that I'd want to know more about is weaponized industrialized robots as warriors, because I wonder, you know, there's just the icky, you can go to some weird places. But again, I think AI and robotics, yes, this notion that”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I think that's right, but let's use the surgeon as an example. I think the robot in the context of surgery will be not a replacement, but a supplement. And that is there'll be a large class of surgeons who know how to weaponize robotics to be better surgeons and quite frankly do two surgeries a day instead of one. I think most brain surgeries take four or six hours using robotics in precision instruments, a great neurosurgeon will be able to increase the productivity and the accuracy of their surgeries. My big tech stockpick of 25 was alphabet because it was trading at a P of 17. I just saw it as being ridiculously cheap because everyone thought OpenAI was going to put it out of business. My big tech stock pick for 26 is Amazon. Because I think where robotics really hit the rubber meets the road in terms of shareholder value is the collision of AI in industrialized robots. And there are 400,000 industrialized robots in the US.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I'm actually quite excited about this. We're starting to see an uptick in productivity, which should result in incremental profitability. Will some people be on the wrong side of the trade? Absolutely. Do we need to do a better job of providing more unemployment, more retraining? Denmark spends 2% of GDP on retraining and vocational training. We spend 0.2% in the U.S. So we're not good at retraining. We're really bad at it, actually. We're not good at taking care of the people on the wrong side. But as a global, in terms of global employment, I just don't, I think the catastrophizing is dressed up fundraising.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“With AI When I graduated, there were two entrepreneurs in my class. And the second person was my co-founder. We were the only business started in the Hospital of Business from 1992. I would bet there's going to be 30 to 50 businesses that are started on graduation day. There's kids dropping out of their second year in business school to start businesses because they just raised $10 million in a series A. Now you have to have certain skills.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“The employment market. But yeah, the employment market's absolutely reshaping. But when I graduated from business school, a lot of it, quite frankly, is your generation is spoiled. What do I mean by that? When I graduated from Berkeley in 1992, 40% of us had a job on graduation day, meaning 60% did not have a job. I would bet the kids in my class at Stern, I bet 40% of them are starting their own business.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“The labor market is definitely reshaping, and it might reshape faster, but I'm not sure it's going to be the apocalypse. There'll be winners and losers, for example. For the last 30 or 40 years, the unemployment rate among college grads has been lower than non college grads. Shifted this year. The unemployment rate among non college grads because of the boom in vocational work is now lower than the unemployment rate among college grads. And if you think about it, you're like, okay, well, that's bad for new college grads. But at the same time, all of these data centers need carpenters, welders, plumbers. So there's been booms in other parts.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Those are young people probably making six figures plus. That's a lot of employment. So is the BBC or is the Daily Mail or whatever laying off people? Yeah, but I'm not sure the laying off people faster than you're hiring them.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“My point is where I'm going with this. This place is like, I mean, it feels like the Google Plex, you're hiring like crazy. You're one of the most technically sophisticated people I know in media. And yet you're hiring a bunch of organic things walking around and eating and going out and drinking and having kids. So you're the example. Old media is going to lose jobs, but you're creating how many people have you hired in the last 24 months?”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“They said, no, he's really up and coming. He'll like him. He's a nice kid. And I came into this little place in Short Itch or wherever with all these like cool coffee houses. I had no idea who you were. And within two years, you were fucking everywhere. It was like. I'm in the airport and I see your banner on your book. And then I get on the plane, and the safety video has you in it. I'm like, make him stop.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“That's the fear that the V is so severe. So vicious that we don't have time to recover. And even if there is more jobs on the other side, that there's too much civil unrest around Navi. But so far, the V doesn't be decelerating or diving as quickly as people. Had predicted, I was kind of reminiscing on the way over here I moved here almost four years ago. The first thing I did, I got off a plane at night. I went to this amazing party at Annabelle's, this Brazilian party with all these hot people everywhere. And I thought, I love London. And the next morning I woke up feeling pretty hungover. And my team said, you have this podcast with this young guy. And I said, cancel I'm hungover. And they said,”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“scenario you don't need 100% unemployment like Musk is predicting at 20% unemployment the French had a revolution in Weimar Germany turned very ugly at 20% unemployment especially among youth especially young men tend to get very angry and take to the streets so you could see a V that's so severe even if there's a job recovery if it hits 20% unemployment that could cause real civil unrest But I just look at the data. I look at the employment numbers. If you didn't know There was this seminal technology that very smart people were predicting a job apocalypse around and you just looked at the data you wouldn't know there's anything going on the data doesn't reflect that there's some big exogenous meteor coming for the employment market”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Ground zero for the job that was going to go away was radiologists. You could scan billions of images and radiologists, kid, mama, don't let your daughter grow up to be a radiologist because that job's going away. The new job listings for radiologists in 2026 is up because what it ends up is that while scanning the image is important, it's a small part of the job. The value out of a radiologist is diagnosing the illness and then coming up with a treatment plan. And that's as important as ever. The number of coders, job listings for coders year on year is up 11%. So people who understand how to use these technologies and come up with different prompts or different means of vibe coding, that demand has gone up because now AI can be applied to almost any startup. Where I will be wrong is if there is sustained job destruction and the new jobs created and new businesses in the employment those jobs create doesn't keep up with new jobs. And there isn't.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“And it destroys. And I don't think some of the catastrophizing is nothing more than thinly veiled attempt to say my technology is so devastating that it's going to shift society and you should invest at this crazy valuation.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“So what do you mean by that? So the first big fear or catastrophizing is just this unprecedented job destruction. They've been talking about that for three years, but let's look at the data. The unemployment rate in the U.S. is 4.5%. Among youth, it's 8.8%. That is slightly below the historical average. The number of new business permits or new businesses started per capita in the United States has doubled in the last 10 years. And we hear about, well, what about meta? Dan outside they're laying off, I think, 8 or 10,000 people yesterday. 2019 to 2025, they went from 16,000 people to 80. So even if they go back to 60,000, it takes them back to about 24 months. So I don't doubt that there'll be a real dip or a severe V down in certain industries, customer service, probably the legal field. But I believe over the medium and the long term, it's actually going to create more jobs.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Control it. And quite frankly, I find it a little bit obnoxious that some of the founders and key figures in AI catastrophize just about the time they take a secondary and piece out to the Cote d'Azur. That's not helpful. I'm Dr. Frankenstein and I've created this monster, but I don't know how to deal with it, so I'm going to go peace out to Santro Pay. That's just not very helpful.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“AI has hit industrialized robots in Amazon, but there's not a lot what you would call new AI driven or AI products. AI plays a role in the background, but it's very hard for companies right now to point to incremental growth or revenues from AI. So in order to justify these valuations, then they have to say, all right, there's going to be massive cost savings or efficiencies. And there's some examples. I think Meta has just announced new layoffs because of efficiencies they're getting with AI targeting. So one of two things needs to happen in the next three years. Either these companies' valuations need to be cut by 50 or 70 percent, or you need a massive destruction in the labor market that creates tons of efficiencies that their customers can then flow to the bottom line. And I think what the CEOs are saying is that there's going to be massive efficiencies. I also think that you sound more interesting and it makes your technologies sound more seminal when you say it's changing the world and we don't know how.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I think it's mostly bullshit and catastrophizing and a means of fundraising. Every technology in history goes through a similar arc. There's some catastrophizing. There's some job loss that increase in productivity results in additional margin, new business opportunities, and employment growth. I don't see any reason why this would be any different. And I think the catastrophizing and talking about this massive destruction in jobs is a way of saying we're justifying the massive investments these companies want enterprises to make in their companies because if you look at the amount of capital they have committed and evaluations of these companies, one of two things needs to happen in the next five years, at least in the US. There either needs to be a trillion dollars in incremental revenue from new products from companies that have licensed AI. So L'Oreal does a big site license with an open AI. Does it come up with new products? Like, how does it justify that investment? We're not seeing a lot of AI moisturizer or cars that are built by AI. I mean, there's...”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“Average middle class person, what you may see is that your electricity bills have gone up and you don't even have access to invest in these companies. And you see some statements from people, Sam Altman, saying, stop complaining about energy costs, think about the amount of energy it takes to raise a child. So they haven't really managed the brand well in the last 18 months. It's come from something kind of scary, but we can be optimistic and a wealth creator to something that's very scary and something that's a wealth creator for the wealthiest already. The brand in the last 18 months has had tremendous, tremendous erosion.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“There have been few brands that have fallen further faster in the last 18 months than two brands, the United States brand abroad. We used to be the enforcer of the operating system to keep rogue nations in check. The U.S. is now that rogue nation. So the U.S. brand abroad for the first time in history, more people feel that China is a force of good in the world than the U.S. That's never happened before. So the brand U.S. has fallen furthest, fastest. The second greatest fall is AI. Your view of AI is directly correlated to your wealth. The only cohort that has a positive rating of AI is people making over $200,000. Because generally speaking, wealthy people look at AI as something that's fueling their portfolios. And wealthy people are the biggest users of AI. So they see it as a positive. They see it as innovation. They see it as the S&P going up. But if you're”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I think it's mostly bullshit. The catastrophizing is nothing more than thinly veiled attempt to say my technology is so devastating that it's going to shift society and you should invest at this crazy valuation. And the data doesn't reflect that there's some big exogenous meteor coming for the employment market. But I believe it's actually going to create more jobs than it destroys. But the scary thing for me is that because of AI and because of these frictionless relationships that people are engaging in online, I think a lot of young people are losing the ability to endure rejection. But I think a more important technology in terms of how it's going to change the world and what will create more shareholder value is not AI.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT
“I think the greatest brand destruction over the last 18 months is the US brand abroad MAI. So with America, Trump has been convinced that this was his defining moment of being known as the president that liberated the Middle East. I think the Trump administration will be known for criminal corruption and incompetence, and that incompetence is bubbling up. And then the second greatest fault is AI. And also Sam Altman, who's gone to the dark side. And I'm an AI optimist. Well, here's what we fail to understand these tech videos. They do not have our best interests at heart.”
2026-05-04 · The Diary of a CEO · Scott Galloway: AI Wasn’t Built For You. The Rich Don’t Need You Anymore! · IDENTIFIED FROM THE TRANSCRIPT