Pivot

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Trump's Crypto Windfall, Dems' Anti-Establishment Wave, and the Supreme Court’s Big Week

Explore episode Jul 3, 2026

It used to be spend more money, this is the future, infinite demand. And it's like, whoa, hold on. CFOs are starting to tap the brakes here. The debate has shifted from 12 months ago. The debate was who can build the biggest model, now it's who can make money.

Scott Galloway

Trump's Crypto Windfall, Dems' Anti-Est…

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The scary open secret in the AI industry right now is that it's possible that we'll end up essentially creating a new species that ends up ruling the world with a 70% chance that this goes horribly wrong like human extinction.

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I think it would be more accurate to describe it as army of geniuses in the data center because it's not like it's a bunch of diverse different AIs. They're all copies of the same big model, and they're owned by the company.

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It's kind of just like obviously a dangerous thing to be doing. But we're doing it anyway because of this history of how the field has developed in the last ten years.

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I think I would not press the button, but I feel very torn about it.

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I think if it was a sort of temporary shutdown, I would totally slam that button. Because we are not ready to do this. Civilization is not ready to have these companies automate themselves.

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