Prof G Markets: Microsoft and OpenAI, Wash Trading, and European Tech Regulations
The Prof G Pod with Scott Galloway
Vox Media Podcast Network
4.4 • 5.3K Ratings
🗓️ 16 January 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
Transcript
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| 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, |
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