Professor Scott Galloway
π€ PersonAppearances Over Time
Podcast Appearances
The average iPhone assembler in China makes $500 a month. The average employee in Cupertino at Apple makes $210,000 a year.
The average iPhone assembler in China makes $500 a month. The average employee in Cupertino at Apple makes $210,000 a year.
We have purposefully outsourced the shitty, low-paying, dirty jobs in manufacturing overseas, such that our companies can make more money and we can reinvest in components of these companies, marketing, intellectual property, distribution, sales, retailing, research, such that we can grow better jobs. Now, have we done a good job?
We have purposefully outsourced the shitty, low-paying, dirty jobs in manufacturing overseas, such that our companies can make more money and we can reinvest in components of these companies, marketing, intellectual property, distribution, sales, retailing, research, such that we can grow better jobs. Now, have we done a good job?
We have purposefully outsourced the shitty, low-paying, dirty jobs in manufacturing overseas, such that our companies can make more money and we can reinvest in components of these companies, marketing, intellectual property, distribution, sales, retailing, research, such that we can grow better jobs. Now, have we done a good job?
of retraining the people left behind by the disruption of these industries? No. But the notion that we're gonna bring back iPhone manufacturing to the US, it would cost $3,500 to build an iPhone in the US. That would take their share down by 60 or 70 points, meaning the most held stock in the world would probably decline 60, 70, 80%. We are not bringing these jobs back, folks. Stop it.
of retraining the people left behind by the disruption of these industries? No. But the notion that we're gonna bring back iPhone manufacturing to the US, it would cost $3,500 to build an iPhone in the US. That would take their share down by 60 or 70 points, meaning the most held stock in the world would probably decline 60, 70, 80%. We are not bringing these jobs back, folks. Stop it.
of retraining the people left behind by the disruption of these industries? No. But the notion that we're gonna bring back iPhone manufacturing to the US, it would cost $3,500 to build an iPhone in the US. That would take their share down by 60 or 70 points, meaning the most held stock in the world would probably decline 60, 70, 80%. We are not bringing these jobs back, folks. Stop it.
In addition, because of these ridiculous tariffs, because we decided to declare war, on these fantastic allies that we've been trading with and getting the better end of the deal. When we sell Nvidia chips to Germany, we make 90 points of gross margin. When they sell a Mercedes into us, they get five points.
In addition, because of these ridiculous tariffs, because we decided to declare war, on these fantastic allies that we've been trading with and getting the better end of the deal. When we sell Nvidia chips to Germany, we make 90 points of gross margin. When they sell a Mercedes into us, they get five points.
In addition, because of these ridiculous tariffs, because we decided to declare war, on these fantastic allies that we've been trading with and getting the better end of the deal. When we sell Nvidia chips to Germany, we make 90 points of gross margin. When they sell a Mercedes into us, they get five points.
Global trade is like the biggest increase, you know, the biggest, the most accretive thing in wealth that we could have done was to trade with our global partners. What happens? They decide, okay, we can no longer trust these people, we can no longer trade with them, and they are tradingβ they are rerouting their supply chains around the U.S., and we're just going to have less business.
Global trade is like the biggest increase, you know, the biggest, the most accretive thing in wealth that we could have done was to trade with our global partners. What happens? They decide, okay, we can no longer trust these people, we can no longer trade with them, and they are tradingβ they are rerouting their supply chains around the U.S., and we're just going to have less business.
Global trade is like the biggest increase, you know, the biggest, the most accretive thing in wealth that we could have done was to trade with our global partners. What happens? They decide, okay, we can no longer trust these people, we can no longer trade with them, and they are tradingβ they are rerouting their supply chains around the U.S., and we're just going to have less business.
Back to universities. I apologize for being all over the place. When Trump says, I'm cutting your funding because of anti-Semitism, it has nothing to do with anti-Semitism. He is trying to control or implement thought leadership and also emasculate universities, because the more critical thinking people do, the less they will embrace a Trump agenda.
Back to universities. I apologize for being all over the place. When Trump says, I'm cutting your funding because of anti-Semitism, it has nothing to do with anti-Semitism. He is trying to control or implement thought leadership and also emasculate universities, because the more critical thinking people do, the less they will embrace a Trump agenda.
Back to universities. I apologize for being all over the place. When Trump says, I'm cutting your funding because of anti-Semitism, it has nothing to do with anti-Semitism. He is trying to control or implement thought leadership and also emasculate universities, because the more critical thinking people do, the less they will embrace a Trump agenda.
So this ridiculous notion this has anything to do with anti-Semitism, Columbia tried to comply with some of this. They said, we have a problem. We'll do the following things. And then they started saying, we want to pick your faculty. We want to pick the curriculum. So there's real issues. The nation of Qatar has invested $4 billion in universities of our 14, and it's a fair question.
So this ridiculous notion this has anything to do with anti-Semitism, Columbia tried to comply with some of this. They said, we have a problem. We'll do the following things. And then they started saying, we want to pick your faculty. We want to pick the curriculum. So there's real issues. The nation of Qatar has invested $4 billion in universities of our 14, and it's a fair question.
So this ridiculous notion this has anything to do with anti-Semitism, Columbia tried to comply with some of this. They said, we have a problem. We'll do the following things. And then they started saying, we want to pick your faculty. We want to pick the curriculum. So there's real issues. The nation of Qatar has invested $4 billion in universities of our 14, and it's a fair question.