ASML will be fine, unless fab construction and demand for semiconductor manufacturing in the West plummets. I really don’t think we have nearly enough compute power for the products and services the market will be demanding. I believe labor pushback is causing some of the slowing in automation of low-level professionals in their entry level years of development. Tax service companies will no doubt be using AI to file for taxpayers, leading to lower costs in labor for them. W-2 AI use will be a thing. The other thing is that AI needs to be used to analyze and discover potential violations in tax laws by high-income earners.
refreshing as always to hear Scott talk about these structural issues that disadvantage middle class kids. Hope many people in important positions get asked about and confronted with your opinion and maybe change their stance on stuff
I love Scott Galloway‘s take on the education industry. He keeps it real and is brutally honest. I wonder how Ed Elson got into Princeton and was there any donation given or special treatment based on his familial relationships
The betting markets vs polls also measure different things because the betting markets are people saying "I think this person is going to win" vs "I will be voting for this person". Additionally it swings quite a bit based on the news cycle for the betting markets.
Hoooooly shit....that bit about once we have the house....have the education...have all the nice things then we want to make it harder for others to get...and now we have to pay the price for it
why though? Have you listen to that guy talk ..? He can’t talk … he wings it every time he tries to put together an argument he derails off topic worst than a chronic ADHDer. It’s very unpleasant listening
As an international viewer i always wonder how relevant the viewership numbers are when they say "x" podcast got 30million views. How many of those views are american voters and how many are the rest of us watching U.S Politics like a bad soap opera while knowing we get no vote
As far as the presidential election goes, it is true that Americans "get a vote", but for most Americans their vote doesn't count. If, for instance, you were a trump voter in new York, you are welcome to vote for him but all the electorial votes from New York go to the Democratic candidate no matter what, so unless you are in one of the very few swing states you really have no say in the matter. Soap opera is pretty correct.
If you guys think ASML + NVDA are linked absolutely then you need to consult with more knowledgeable minds in the chip space, over the last 2 years I've watched you guys display almost zero knowledge of this technology and which companies are doing what as well as who is profitable, and your input today is just another entry in your track record, as a better example would be Taiwan Semi's earnings and how that market reaction reveals the true winners. TSM is a trillion dollar company now too.
Yeah they're not specialists and they frequently make these kind of factual mistakes. Just enjoy the show for what it is, though -- it's entertaining stuff
I find it hilarious how little knowledge they have on many topics that they talk about. Even general knowledge topics. This podcast is best example of Dunning-Kruger effects. Galloway is talking BS while Ed is "Yes man"
ASML growth slowing down ... this is no surprise ... NVDA projections for 2025 and 2026 show the growth slowing down but it is still impressive. I'd say there is FOMO right now, valuation are frothy and what happens what "bad" (disappointing quarter) happens? Buy the dip ... it dops again ...buy the dop again.
The US needs to fund Ed for kids ages 1-5, the most important time in a kid's life. The effect on kids and families would be tremendous. Higher Ed is over funded.
I wonder how many of these Trump voters are going to own up to voting for Trump, if he wins and pulls us out of NATO allowing Russia to take Ukraine and invade Poland (starting World War 3). And Trump's 20% tariffs start runaway Inflation. I bet they'll all say "Well I sure didn't vote for that idiot".
Did you just call ASML a “chip maker”? Lol. Maybe you guys should research what you talk about on this podcast-other than what dirty joke Scott will say next. 🙄 #doesnotmeetexpectations
Ford Escort RS Cosworth 2.0 L, 224 bhp, Four Wheel Drive Production from February 1992-to December 1995 Tuning companies have achieved power outputs in excess of 1,000 bhp One in good nick will fetch €80,000
Easy way to make your programming unappealing, cram it full of ads. Traditional linear TV have killed their product and brand by being ad infested. They're losing the important half of the network effect and so they're in decline. Yup some MBA can look good over some short time horizon as revenues temporarily bump up, but they've put these companies in a death spiral.
Fellas I’m afraid you may have completely missed the point of distinction between the betting markets and the polls; they are not measuring the same thing. One measures a market’s idea of who it thinks will win the election, the other measures a voting body’s desire for who will win the election. Very different!
13:53 lol. When is it NOT a “good time to be a banker” even in 2008 after bankers tanked the economy they gave themselves huge bonuses for doing such a great job. 🤦♀️
You like that he doesn’t own stocks? Oh cause that’s what the US needs… someone actually financially illiterate in a position of power… 😂🤦♂️ This dude is not a moderate. Still love you Scott.
Good lord. Betting on a sports match is not a great analogy to betting on an election. The critical difference is that you should not be allowed to bet on anything you also participate in. As voters we are definitely participants in elections. Our votes should be determined by our values, not by wagers on the outcome. Imagine a district or a precinct or the outcome of a down ballot race being swung one way or the other, not because one candidate is more qualified than the other, but because a contingency of people who want to influence the outcome to win a bet. It's a horrible idea and a perversion of the democratic process.
Why would anyone of normal status give more money to a university after they graduated? Does anyone here continue to give Wal-Mart money for that blender that you bought from them 3 years ago?🤔
Scott talking out of both sides of his mouth again regarding money and college admissions. First not OK to admit based on money, then OK later in the podcast. "Terrible for the middle class" if it's all rich and poor students.
If Trump wins what will surprise me is that he won narrowly in 2016 on MAGA et. al whereas now his whole campaign seems like grievances, threats and retribution, with a healthy dose of pandering. If those story lines make more people want to 'cast their vote' fair enough (in 2016 after he won I thought how I had no idea what Clinton stood for, her vision for the country or offer to the voter, she didn't articulate a compelling message, the other person did, so I get it. That's not so much the case now, imo. If Trump wins I think I'll have to conclude a large percentage of americans don't believe in the system to such an extent that they will vote the lizard people out of office and send them back to their home planet. I guess we'll see. Take it from the man.
I never like negative talk about gambling cause then it leads to a Nancy state that kills opportunity. Scott whines about this way too much. It’s a thing. Make people aware. Give them resources. But don’t control- or even want to control them. It’s not okay.
Meant to mention this yesterday, Ed’s takes seem to be getting more and more 💩. Male vs Female is what the election is boiling down to him? 😂😂😂😂 and I like how someone must be a conservative to think that take is stupid. It’s identify politics, lazy inference, and reveals and overly simplistic view of the world loaded with luxury beliefs. This is the most virtue signaling episode ever. And I’m a 40 year old living on the westside of LA where people openly talk trash about conservatives. Lol
Small correction: ASML is not a chip maker but a manufacturer of photolithography machines which are used to produce chips.
It's an ocean and a tsunami according to the business and markets podcast
@@Venom-x7tlol. 😂
ASML will be fine, unless fab construction and demand for semiconductor manufacturing in the West plummets. I really don’t think we have nearly enough compute power for the products and services the market will be demanding. I believe labor pushback is causing some of the slowing in automation of low-level professionals in their entry level years of development.
Tax service companies will no doubt be using AI to file for taxpayers, leading to lower costs in labor for them. W-2 AI use will be a thing.
The other thing is that AI needs to be used to analyze and discover potential violations in tax laws by high-income earners.
refreshing as always to hear Scott talk about these structural issues that disadvantage middle class kids. Hope many people in important positions get asked about and confronted with your opinion and maybe change their stance on stuff
Totally agree with and appreciate Scott’s take on colleges!! This needs to change!! Thank you for the TED talk. ;)
I love Scott Galloway‘s take on the education industry. He keeps it real and is brutally honest. I wonder how Ed Elson got into Princeton and was there any donation given or special treatment based on his familial relationships
If I remember correctly it’s related to his grandfather - but I could be mistaken!
Love Scott’s education rant. Totally true!
Always appreciate Scott's take on higher Ed!
The betting markets vs polls also measure different things because the betting markets are people saying "I think this person is going to win" vs "I will be voting for this person". Additionally it swings quite a bit based on the news cycle for the betting markets.
It also swings quite a bit based on the number of bets placed in one direction
Hoooooly shit....that bit about once we have the house....have the education...have all the nice things then we want to make it harder for others to get...and now we have to pay the price for it
Always appreciate this podcast, like a free business course
Day 36: Please bring on Gary Stevenson (Garys Economics)! Thanks!
Yes
Yes
why though? Have you listen to that guy talk ..? He can’t talk … he wings it every time he tries to put together an argument he derails off topic worst than a chronic ADHDer. It’s very unpleasant listening
yes
Yes
Love you passion about higher education
When more people learn the difference between fission and fusion we'll see more support for nuclear energy.
One is 29 years away, the other is here now.
As an international viewer i always wonder how relevant the viewership numbers are when they say "x" podcast got 30million views. How many of those views are american voters and how many are the rest of us watching U.S Politics like a bad soap opera while knowing we get no vote
As far as the presidential election goes, it is true that Americans "get a vote", but for most Americans their vote doesn't count. If, for instance, you were a trump voter in new York, you are welcome to vote for him but all the electorial votes from New York go to the Democratic candidate no matter what, so unless you are in one of the very few swing states you really have no say in the matter.
Soap opera is pretty correct.
The stress is right. There needs to be some regulations and norms for college admissions. It’s out of control.
ASML makes lithography machines that they sell TO chip manufacturers… (such as Intel)🤦♀️ 🤦♀️ 🤦♀️
If you guys think ASML + NVDA are linked absolutely then you need to consult with more knowledgeable minds in the chip space, over the last 2 years I've watched you guys display almost zero knowledge of this technology and which companies are doing what as well as who is profitable, and your input today is just another entry in your track record, as a better example would be Taiwan Semi's earnings and how that market reaction reveals the true winners. TSM is a trillion dollar company now too.
Yeah they're not specialists and they frequently make these kind of factual mistakes. Just enjoy the show for what it is, though -- it's entertaining stuff
I find it hilarious how little knowledge they have on many topics that they talk about. Even general knowledge topics.
This podcast is best example of Dunning-Kruger effects. Galloway is talking BS while Ed is "Yes man"
I only listen to this podcast for the rocking’ segment bumper music… listening to Scott & Ed for actual information is a category error. 😂
@@tedtalksrockI suggest Led Zeppelin, business podcasts don't seem like exciting entertainment
@@dragoausunfortunately I've been noticing this the past few episodes.
Re: nuclear. No one has figured out what to do with the waste. No state wants to be the waste site.
Texas likes it
Awesome TED talk!
I'm 61 old male, get me a chair I need to sit down.
Great pod
ASML growth slowing down ... this is no surprise ... NVDA projections for 2025 and 2026 show the growth slowing down but it is still impressive. I'd say there is FOMO right now, valuation are frothy and what happens what "bad" (disappointing quarter) happens? Buy the dip ... it dops again ...buy the dop again.
Im 42 and I stopped watching TV 20 years ago. Would also choose Oxford if I could go to an uni.
Best intro in last few weeks 😂
I don’t buy the notion that Scott’s kids have less of a chance to get into UCLA or Berkeley. Ed is right- there’s a number that’ll get you in anywhere
The US needs to fund Ed for kids ages 1-5, the most important time in a kid's life. The effect on kids and families would be tremendous. Higher Ed is over funded.
Trump voter here but still enjoy the market talk.
Vivek Ramaswamy
It doesn’t have to be your whole personality but glad you can enjoy it
@@cozmocrum8691 Oh if only we could get every voter to realize that.
I wonder how many of these Trump voters are going to own up to voting for Trump, if he wins and pulls us out of NATO allowing Russia to take Ukraine and invade Poland (starting World War 3). And Trump's 20% tariffs start runaway Inflation. I bet they'll all say "Well I sure didn't vote for that idiot".
more rants!!! 🤠
Did you just call ASML a “chip maker”? Lol.
Maybe you guys should research what you talk about on this podcast-other than what dirty joke Scott will say next. 🙄
#doesnotmeetexpectations
Need Gary Stevenson on the pod
Isn't the "trough" from the financial tsunami rather all liquidity going into just a few tech companies? by design to for what it's worth right?
ASML is not a cough, it's the canary in coal mine
Ford Escort RS Cosworth
2.0 L, 224 bhp, Four Wheel Drive
Production from February 1992-to December 1995
Tuning companies have achieved power outputs in excess of 1,000 bhp
One in good nick will fetch €80,000
here Here, nice rant!
Small correction: 70 is not the average age of viewers, it is the median age.
What a carefully manufactured take on the betting odds. We will see, mate, we will see.
Sweet tsunami reference, bro..
Easy way to make your programming unappealing, cram it full of ads. Traditional linear TV have killed their product and brand by being ad infested. They're losing the important half of the network effect and so they're in decline. Yup some MBA can look good over some short time horizon as revenues temporarily bump up, but they've put these companies in a death spiral.
Scott, you have the perfect hair for Senate.
Fellas I’m afraid you may have completely missed the point of distinction between the betting markets and the polls; they are not measuring the same thing. One measures a market’s idea of who it thinks will win the election, the other measures a voting body’s desire for who will win the election. Very different!
51:30 👏
Why did he hire a Princeton grad if he always talks about giving chances to regular folks?
SG’s opening jokes are aweful
If someone wants to pay a school $1m for admission, let them do it
Did you work in IB? You never mentioned it.
Your thoughts on Bloomberg?
😎
I what argue the betting markets are less accurate because the degenerate factor of in gambling
Just FYI, JaneStreet offers free coffee, breakfast and lunch. Also a wide variety of healthy snacks (no pepsi)
It was satire dawg
How much of MSNBC is instead consumed through TH-cam and other sources? Old people watch it live because it is custom
13:53 lol. When is it NOT a “good time to be a banker” even in 2008 after bankers tanked the economy they gave themselves huge bonuses for doing such a great job. 🤦♀️
AI is going to give us Cold Fusion
Gambling dudes in an echo chamber swinging whichever way is popular in said echo chamber. I'm shocked!
Number of 18 year olds will peak in 2033. Build the seats now and bank the results for next 50 years.
Wasn't Skynet nuclear powered? What could possibly go wrong. 🙈
You like that he doesn’t own stocks? Oh cause that’s what the US needs… someone actually financially illiterate in a position of power… 😂🤦♂️
This dude is not a moderate.
Still love you Scott.
I have a small wager on Ms Harris at 6/5!
Good lord. Betting on a sports match is not a great analogy to betting on an election. The critical difference is that you should not be allowed to bet on anything you also participate in. As voters we are definitely participants in elections. Our votes should be determined by our values, not by wagers on the outcome.
Imagine a district or a precinct or the outcome of a down ballot race being swung one way or the other, not because one candidate is more qualified than the other, but because a contingency of people who want to influence the outcome to win a bet.
It's a horrible idea and a perversion of the democratic process.
Why would anyone of normal status give more money to a university after they graduated?
Does anyone here continue to give Wal-Mart money for that blender that you bought from them 3 years ago?🤔
Ed think you nailed it
Minus 1 thing I have to point out..
Trump bros probably gamble more the liberal guys
We would call it the puscort 😂
Scott talking out of both sides of his mouth again regarding money and college admissions. First not OK to admit based on money, then OK later in the podcast. "Terrible for the middle class" if it's all rich and poor students.
Please post an audio only option for TH-cam like other video podcasts do
If Trump wins what will surprise me is that he won narrowly in 2016 on MAGA et. al whereas now his whole campaign seems like grievances, threats and retribution, with a healthy dose of pandering. If those story lines make more people want to 'cast their vote' fair enough (in 2016 after he won I thought how I had no idea what Clinton stood for, her vision for the country or offer to the voter, she didn't articulate a compelling message, the other person did, so I get it. That's not so much the case now, imo. If Trump wins I think I'll have to conclude a large percentage of americans don't believe in the system to such an extent that they will vote the lizard people out of office and send them back to their home planet. I guess we'll see. Take it from the man.
Sorry but education should be affordable and should not be a commodity & should be purely based on your qualifications.
The betting market is being manipulated in favor of trump, whuch is kinda funny since it just makes everyone betting on harris more profitable
I never like negative talk about gambling cause then it leads to a Nancy state that kills opportunity.
Scott whines about this way too much. It’s a thing. Make people aware. Give them resources. But don’t control- or even want to control them. It’s not okay.
Amentum re nuclear.
Those are some nasty, trashy jokes, dude.
Harris did really good at the Fox interview? 🤔
Stick to economy talk and not politics
Meant to mention this yesterday, Ed’s takes seem to be getting more and more 💩. Male vs Female is what the election is boiling down to him? 😂😂😂😂 and I like how someone must be a conservative to think that take is stupid. It’s identify politics, lazy inference, and reveals and overly simplistic view of the world loaded with luxury beliefs. This is the most virtue signaling episode ever. And I’m a 40 year old living on the westside of LA where people openly talk trash about conservatives. Lol
DOH
BETTING MARKETS LIKE POLYMARKET ARE GREAT ELECTION INFLUENCE FROM RUSSIA OLIGARCHS AND ARAB PRINCES..
OR NORTH KOREA TO DROP $30 M FOR TRUMP
this ed dude is cute
I recommend cutting out the adult joke in the beginning.
How mad is Scot going to be when trump wins?
Harris did well on fox? G what are you smoking today
🟫🔵2 pairs of socks to bed=sleep quality that can fix any perceived issue in your life🟧🟧🟧🙏🏻🙏🏻✋🏻