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The Prof G Pod with Scott Galloway

Prof G Markets: OpenAI’s $90 Billion Valuation, FTC Takes on Amazon, and The Recession is Coming

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Business, Careers, Entrepreneurship

4.45.3K Ratings

🗓️ 2 October 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

This week on Prof G Markets, Scott shares his thoughts on OpenAI’s new valuation and Amazon’s investment in Anthropic. He also debates the FTC’s case against Amazon with Ed. Finally, he explains why he thinks a recession is on the way (for real this time).  Vote now for Prof G Markets at the Signal Awards Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for this show comes from capital.com. Experience seamless trading with capital.com.

0:08.0

They're award-winning platform will keep you up to date on thousands of global markets.

0:13.0

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0:18.0

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0:23.0

You should consider whether you understand how spread bets and CFDs work

0:26.0

and whether you can afford to take the high risk of losing your money.

0:30.0

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1:05.0

This week's number, $121 billion. That's the record number of instant noodle servings purchased globally last year.

1:11.0

That's roughly 15 instant noodle meals for every human on the planet.

1:16.0

I get a lot of shit for cooking frozen dinners for my kids seven days a week and that's misinformation.

1:21.0

I heat them up first.

1:26.0

Welcome to PropG Market.

1:39.0

Today we're discussing big AI investments, the FTC's Amazon suit and the decline of household savings.

1:45.0

Here with the news is PropG Media analyst Ed Elson. Ed, do you like the dad joke?

1:50.0

Um, not a lot.

1:51.0

Yeah, let's bring about the dirty jokes maybe.

...

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