meta_pixel
Tapesearch Logo
Log in
The Prof G Pod with Scott Galloway

Prof G Markets: Microsoft and OpenAI, Wash Trading, and European Tech Regulations

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Careers, Entrepreneurship, Business

4.45.3K Ratings

🗓️ 16 January 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

This week on Prof G Markets, Scott shares his thoughts on Microsoft's plan to invest $10 billion in OpenAI. He also discusses how the concept of anonymity has enabled rampant wash trading in the NFT market. Finally, we check in on the state of EU tech regulations from the DLD conference in Munich. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Support for today's show comes from the financial times, or as many would call it, the FT.

0:05.8

And they're working to make sense of what's going on in the world today.

0:08.3

Headlines are more complicated and nuance than ever before.

0:10.8

That's why the FT helps you make sense of global issues, including geopolitics,

0:14.5

global inflation, tech, climate change, and more.

0:17.1

The FT investigates the many different and sometimes unexpected ways

0:21.5

that stories interconnect and combine to impact your life and career.

0:25.1

Visit ft.com slash profg to read free articles and save 50% off an annual digital subscription.

0:35.2

Support for profg comes from nerd wallet.

0:38.0

How many credit cards are out there? Hundreds? Thousands?

0:41.2

They all have different bonus structures, fees, and subcharges for putting a picture of your dog

0:45.2

on the card. It's enough to make your head spin. Yes, it is. It's enough. My head is spinning.

0:49.4

Nerd wallet can help. Nerd wallet can help you select the smartest option for you by

0:53.7

comparing top credit cards side by side. Nerd wallet's team of nerds has the expertise to help

0:58.6

you get this right with the help of star ratings, pros and cons, list, objective reviews,

1:02.9

and more. Ready to make a financial decision? Compare and find top credit cards,

1:08.1

savings accounts, and more at nerd wallet.com. Nerd wallet, the smartest decision for all your

1:13.8

financial decisions. This week's number 45%. That's the percentage of NFT trades that were

1:21.5

wash trades. What is a wash trade? It's a false signal. One wallet buys from another wallet.

1:26.9

It controls an order to send a false signal about the value of an NFT.

1:32.6

Non-fungible tokens are entirely fraudulent tokens.

1:36.9

Welcome to PropG Markets. Today, we're discussing Microsoft's investment in OpenAI,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Vox Media Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vox Media Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.