The Future of AI and How It Will Shape Our World — with Mo Gawdat

Mo Gawdat, the former Chief Business Officer for Google X, bestselling author, the founder of ‘One Billion Happy’ foundation, and co-founder of ‘Unstressable,’ joins Scott to discuss the state of AI — where it stands today, how it’s evolving, and what that means for our future. They also get into Mo’s latest book, Unstressable: A Practical Guide to Stress-Free Living. Follow Mo, @mo_gawdat. Subscribe to No Mercy / No Malice Buy "The Algebra of Wealth," out now. Follow the podcast across socials @profgpod: Instagram Threads X Reddit Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Speaker 00

  When you need to build up your team to handle the growing chaos at work, use Indeed Sponsored Jobs. It gives your job post the boost it needs to be seen and helps reach people with the right skills, certifications, and more. Spend less time searching and more time actually interviewing candidates who check all your boxes. Listeners of this show will get a $75 sponsored job credit at indeed.com/podcast. That's indeed.com/podcast. Terms and conditions apply. Need a hiring hero? This is a job for Indeed Sponsored Jobs.

• 0:30Speaker 01

  Welcome to Sephora.

• 0:32Speaker 02

  I'm looking for a perfume that's not too perfumey.

• 0:36Speaker 01

  I got you.

• 0:36Speaker 02

  Serum moisturizer or moisturizer syrup.

• 0:40Speaker 01

  Let's get into layering.

• 0:41Speaker 02

  My concealer is making me look worse.

• 0:45Speaker 01

  Sounds like the wrong shade. Let's get you matched.

• 0:48Speaker 03

  There's only one store that really gets what you're going for. Get beauty from people who get beauty, only at Sephora.

• 0:55Speaker 01

  Hi, I, uh... Let's get you a basket.

• 1:01Speaker 04

  This episode is brought to you by Michelob Ultra. Good times mean competitions between you and your friends, like seeing who can throw some pigskin the farthest or rush the field the fastest. Winner gets an ultra. Because it's not just a superior light beer, it's also giving fans superior access to their favorite sporting events. Superior is worth playing for. Visit michelobultra.com/superioraccess to enter. Enjoy responsibly. Copyright 2026 Anheuser Busch InBev Michelob Ultra Beer, St. Louis, Missouri.

• 1:31Scott Galloway?

  Episode 335. In 1935, the first can beer was sold in Richmond, Virginia, and Alcoholics Anonymous was founded. I really enjoy AA. It's the only place where I can pee in an Uber and then show up and tell other guys who've peed in an Uber that it gets better.

• 1:58Scott Galloway?

  Welcome to the 335th episode of the Prop G Pod. In today's episode, we speak with Mogadad, the former Chief Business Officer of Google X, bestselling author, founder of One Billion Happy, and host of Slow Mo, a podcast with Mogadad. We discuss with Mo how AI could shape our lives in the coming decades, the opportunities it brings, and the risks it poses to society, ethics, and mental health. We also get into his latest book, Unstressable: A Practical Guide to Stress-Free Living. Yeah, that's gonna happen. Yeah, I'm gonna read a book and all of a sudden, Mr. Stress is gonna leave the neighborhood. Call me cynical. Color me a bit skeptical. What's going on with the dog? What's going on with the dog?

• 2:37Scott Galloway?

  So, I am in New York after a stop in Orlando, where I went for a speaking gig. I have absolutely no sense of Orlando, other than Disney World, which is the seventh circle of hell for parents. Essentially, I do almost no parenting 364 days a year, and I compensate for all of it by agreeing to take my boys and their five or six closest friends to Walt Disney World, which is just, I mean, that is cruel and unusual punishment for a parent. But anyways, not doing it this time, just bombing in, speaking to a lovely group of people, then getting back on a plane and going up to New York. We'll all spend four days with the team and do a bunch of... I find New York, I get so much done in New York. There's something about, I don't know, everyone just seems to be on high, if you will. By

• 3:22Scott Galloway?

  the way, it's fascinating. All these members' clubs are opening. In the last couple of years, there's been Zero Bond, my favorite, Casa Cipriani, downtown, weird location. They put a ton of money into it, has that Italian vibe. I get the sense it's trust fund kids from New Jersey, but that's just me. And then, what else has opened up? San Vicenti Bungalows is opening up from Los Angeles, so everyone assumes it's gonna be cool, and I'm excited about that. The Crane Club, which is the guys from the Tao Group, who are probably the most successful nightclub. Like, pretty much a giant fucking red flag is when you find out that your daughter's dating a club promoter. But these guys made good

• 4:03Scott Galloway?

  and made so much dough and cabbage and really kind of professionalized the industry, if you will. And they're the folks or the power behind Crane Club, so it should be interesting. And then I went to another one last week, and it's my favorite so far, based on my snap impressions. Ooh, hello. Hello, ladies. I don't know exactly how to describe it, other than the thing that struck me was it was super cool, super crowded. And the thing I liked about it was it was intergenerational. What do I mean by that? There was a lot of young hot people. It was a good thing. It was a good thing. New York, by the way, is run on hot women, hot, young women, and rich men. That's it. For everyone else, it's a soul crushing

• 4:43Scott Galloway?

  experience. Anyways, and then it had people my age, and then it had parents eating and dining. And I love that whole sort of like, we can be cool at any age, which is becoming increasingly important to me as I become 100 fucking years old. Anyways, I love being back in New York. New York's on fire. Still think it's the greatest city in the world and am excited to be here. I'm also going to talk to Mo about specifically, I think there's a paradigm shift going on in AI. A little bit of a teaser, little bit of a teaser. I'm like those, those promos for all those YouTube videos that say, the secret to happiness is, and then they cut out. But we're going to talk to Mo about what I think is, I think I had a realization around what is, how the whole AI economy might shift. Anyways,

• 5:28Scott Galloway?

  with that, here's our conversation with Mo Godot.

• 5:34Scott Galloway?

  Mo, where does this podcast find you?

• 5:36Speaker 06

  I'm in Dubai today. I am battling with the, with the surprises of February so far. And yeah, enjoying every bit of it.

• 5:47Scott Galloway?

  Well, let's start there. Surprises of February. What are, what are surprises in February from an individual such as yourself in Dubai?

• 5:57Speaker 06

  Dubai is wonderful in February, but it, you know, we occasionally remember last year, we had this incredible flood that was really, really quite, you know, and, and just a couple of days ago, we had a bit of rain that sort of like triggered the same fears. But, but of course, you know, the real, the real surprises were deep sea and the responses in the market and how the world, you know, I feel, I feel overreacted a bit and then underreacted a bit and, you know, life.

• 6:29Scott Galloway?

  Life, there you go. I hear you. So let's bust right into it. The last time you were on, I think it was about a year ago, and you're a little, you're sort of our go-to, this mix of spirituality and deep technical domain expertise. And we were talking, as my guest, kind of our need to control the response to AI. What, give us what you think the kind of current state of play is in AI, given some of the recent developments, and how that may have influenced, or did it influence, your worldview, or your predictions around, or thoughts around the future of AI?

• 7:02Speaker 06

  You have to imagine that the short history of what I normally refer to as the third era of computing, you know, basically, the two years between the time when ChatGPT came out and today, you know, that short history was a pace that humanity has never ever seen before. I think you've seen what I used to refer to as the, as the first inevitable, where basically everyone is in a prisoner's dilemma. I don't want the other side to win. So everyone's competing, throwing everything on it, you know, at it. And basically, you'd get releases of new technology that are sometimes separated by weeks, if not months at most. And I think what most people don't recognize is that, at least within the areas where we

• 7:47Speaker 06

  invested, we have made massive stride on tech. So when it comes to the march to AGI, if you want, which I think humanity would continue to disagree about for a while, because we don't really have a definition, an accurate definition of AGI, you know, is, is still steady and very, very fast, right? So we're gonna get there. My prediction is we almost have already gotten there. And that, you know, when it comes to linguistic intelligence, they've won. They're winning in mathematics. They're winning in reasoning, you know, and, and everything we will pour resources on, they will get to become better

• 8:30Speaker 06

  than humans. So it's just a question of time, really. The part that hasn't changed in my mind, Scott, which now I think is very, very firm and much more accurate, if you want, is that the impact on humanity in the short term is going to be dystopian. And that's that has nothing to do with the existential risk that people speak about with AI. It has a lot to do with the value set of humanity at the age of the rise of the machines. Basically, unelected influential powers making decisions on humanity's behalf in ways that

• 9:10Speaker 06

  completely determines how things happen, leading to massive changes in the very fabric of society and basically paying to an agenda where I tend to believe we will end up with very few big platform players, completely in bed with governments, completely, you know, feeding on hunger for power, hunger for wealth, and sort of depriving the rest of us of the freedom to live the life we live. I can I can sort of, so I summarize this in an acronym that I made, seven, seven changes to our way of life. I call them face R I Ps and we can go into them in details if you want. But basically, I see this as inevitable.

• 9:55Speaker 06

  I see that the short term dystopia is going to be upon us very, very soon, just because the massive superpower that is at the disposal of agendas is going to be in play very, very quickly.

• 10:11Scott Galloway?

  You said unelected officials that are reshaping society. Are you talking about Sam Altman, Elon Musk? Who are you referring to?

• 10:17Speaker 06

  Hundred percent. I mean, with all due respect, why is my life being determined by Sam Altman? We all had an accord, unwritten rule, if you want, that we won't put AI out in the public sphere until we're, you know, until we're, we feel that we've tackled safety or alignment or, you know, ethics, if you want, all wonderful dreams to have. Sam Altman, very soft spoken, comes out every now and then and says, this is the priority of what we believe in, but in reality, it's a publicly traded company creating billionaires. Everyone's rushing very, very quickly. Yeah, it's all about the money. And, you know, you and I have lived in the tech world long enough to to understand that what

• 11:01Speaker 06

  You know, that all you need is a very clever PR manager to craft a message that is almost exactly the opposite of what you focus on every day. But you say it over and over until you yourself believe it. The truth is, the world is not ready for what is about to hit us. Whether you take the simple things like the economics of the world and how they will change as a result of AI, all the way to the change of the dynamics of power and, and you know, the resulting deprivation of freedom, you know, all of the, all the way to how the economics of the world are going to change and how, you know, the, the jobs are going to change and how the human connection is going to change and our understanding of reality is going to change.

• 11:46Speaker 06

  And these are decisions that are not made by us anymore. I'm, you know, think about it this way. Spiderman's with great power comes great responsibility. We've disconnected power from responsibility. There is massive, massive power concentration concentrated in hands that do not answer to anyone.

• 12:04Scott Galloway?

  So I hundred percent agree with you. The, the idea that everything from which buildings are these targeted bombs bomb first, what, you know, our perception of our government, election strategies, all of these things are now being decided by algorithms programmed by a very small number of people. That creates, I think, a lot of concern. The steel man argument is that if we don't iterate around the public's usage of these things, that other entities will leap ahead of us and their intentions are even more malicious than ours, that while capitalism perverts things, at its heart, it's not malicious. It might be indifferent, but it's not malicious.

• 12:46Scott Galloway?

  And the fear is that if we let other entities run unfettered with AI in the sense that it becomes the Wild West and the public provides feedback and these models leap out ahead of ours, that ultimately the trade off between a capitalist motive is worth it relative to letting other societies get out ahead of AI. Respond to that argument.

• 13:10Speaker 06

  I find that this is a very valid argument if you think of the short term, if you think of the long term, it could lead to a very dystopian place. So allow me to explain. A competitive race, arms race, that basically says if I don't build the nuclear bomb first, someone else will build it, does not necessarily lead to a world where you're the only one that owns a nuclear bomb. As a matter of fact, it leads to a world that has more than one owner of nuclear bombs. And I think what you saw from DeepSeek, for example, is a very interesting result that comes out of, okay, we're going to consider this a war. We're going to compete against the other people. We're going to apply sanctions.

• 13:56Speaker 06

  We're going to try to limit their ability to progress. And what do they do as a result? You know, necessity is the mother of all needs. And so basically, they find ways to do things differently. Now, when you really look at the idea of testing things in public, which is an argument that's used very frequently by OpenAI, I think the analogy almost sounds like, let's test the Trinity in Manhattan, not in New Mexico, just to see how it impacts humanity. Right? That's not how you do things. The way you do things is when you are uncertain of the outcome, you normally can test it in ways that are much more contained.

• 14:37Speaker 06

  But that's, you know, this genie is out of the bottle long ago, because the truth of the matter is that everyone is racing already. The other outcome, believe it or not, and I say that with a ton of respect, is that, yes, the US might lead the arms race, or China, you'll never really know. It might be OpenAI, or it might be Alphabet, you'll never really know. But the problem with that is that a polar world, where such concentrated power is not a fair world either. It's not a fair world to the world, but it's also not a fair world to most Americans. And I think that's what most people don't recognize.

• 15:20Speaker 06

  Is that you eventually sooner or later as more and more power is concentrated in the hands of very, very few. Uh, which is the only way the U. S. Can ha- can can beat China if you want on in in this technology. Those very few eventually will turn on the American citizen and say. You know what? You're not really bringing any productivity. We care about maximizing the same target we've been chasing so far, more power, more wealth. And you're standing in the way. And I think you can see that in the American society very, very clearly today. Before A I takes over, the the only answer in my view, believe it or not, which I know sounds really idealist, idealistic, if you want.

• 16:04Speaker 06

  Is a mutually assured destruction conviction is that we both understand. Uh, you know, both by by both I mean every two arch enemies on both sides. That we are shifting the mindset and the uh and the existence of humanity from a world of. Uh scarcity where for me to be to feel safe, I have to be stronger than the other person where for me to. Gain economically, I have to compete with the other person to a world of total abundance. I mean, we spoke about this last time we met, uh, Scott, and and, you know, my definition of the current.

• 16:43Speaker 06

  State age of A I is what I call the um intelligence augmentation. So so we're now augmenting human. Intelligence with machine intelligence in ways where if I can lend you two hundred and fifty I Q points more, imagine what you can invent. Right? And and I and I say that publicly all the time. I dare the world. I say, give me four hundred I Q points more, and I will harness energy out of thin air. So why are we competing if that's the possibility ahead of us uh when the competition? You know, drives us to a point of absolute mutually assured assured destruction.

• 17:22Scott Galloway?

  So it strikes me when we talk about mutually assured destruction, it strikes me that the two entities that would have to come to some sort of agreement around regulation or a pause, or it would be the US and China. And I'm sure there's other entities, but those are the, those are the lead dogs, right? Do you think it's realistic that the Chinese would be sympathetic to this argument and that there's enough mutual trust to say, look, we gotta, I don't wanna say slow down, but put some of this behind wraps, share with each other. I mean, this was sort of Oppenheimer's, was it Oppenheimer's initial vision that we share this technology and say, okay, when one gets too far out ahead of the other, that's a problem. We need, we need to control it together and realize that if one gets

• 18:06Scott Galloway?

  too far out in front of the other, the temptation to destroy the other is too great, at which point that person will destroy, we'll, we'll make sure they can strike back in some limited fashion. Do you think it's realistic? And maybe realistic or not, it's something we've got to do, that we try and strike some sort of treaty with the CCP on China?

• 18:23Speaker 06

  It's not realistic in the current political environment, unfortunately. You know, the current geopolitics of the world is, is heating up more and more. But it wasn't realistic in the case of Russia and nuclear weapons either. By the way, I am not for slowing down at all. I'm actually for speeding up all the way, but speeding up in a direction that is not competitive, but rather for the prosperity of the whole world. I mean, at the end of the day, Scott, again, you know, give me 400 IQ points more and I'll solve every, you know, problem known to humankind. And this is quite, you know, straightforward, really. You and I have both worked with incredibly smart people and you understand what the difference

• 19:04Speaker 06

  of 100 IQ points means, right? Give me better reasoning, better mathematics, better understanding of physics, and I can do things that humanity never dreamt of. And, and this is a promised utopia that is at our fingertips. So I'm not saying slow down. I'm simply saying,

• 19:23Speaker 06

  There is no point to compete. The issue that is facing our world is not a problem of technology that's moving too fast. Technology has always been good for us, right? It's a problem of trust, that if the other guy gets the technology before me, I'm in trouble. And that trust is not established in the lab. It's not established in the data center. It's basically established with the realization that we can create a world of absolute total abundance. Total abundance. I could know every piece of knowledge that ever existed. I know you well, Scott. I know how big of a dream this is for people like you and I all love to learn, right?

• 20:05Speaker 06

  And I can use that knowledge in ways that will make me richer. But how many Ferraris does anyone need? I think this is the challenge we have. The challenge is, you know, the founders. By the way, I don't believe this is a question of money for the founders of AI startups. I think this is a question of ego rather than greed. I'm the one that figured it out first. I'm the one that, you know, provided this amazing breakthrough to humanity. But if you look back just 150 years at the, you know, King or Queen of England, they had a much worse life than what anyone today has. You know, anyone in any reasonable city in the US today

• 20:48Speaker 06

  has air conditioning, has transportation, has clean water, has hot water, has sanitation. So we're getting to the point where more doesn't actually make any difference anymore. It is a morality question of can we just shift the mindset to abundance instead of scarcity?

• 21:09Scott Galloway?

  We'll be right back. Stay with us.

• 21:15Scott Galloway?

  Support for the show comes from NetSuite. They say every day your business is late to AI, you might fall two days behind. So how do you keep up with the competition when they're only moving faster? Enter NetSuite Next. You probably know NetSuite, the AI-powered business management suite that securely connects all your data. It's a unified suite that brings your financials, inventory, commerce, HR, and CRM into a single source of truth, trusted by over 44,000 customers. NetSuite Next is the next big leap in how business gets done, because AI is built into everything you do. It automatically surfaces custom insights throughout your day. AI agents work alongside you to solve problems and handle routine work. And anytime you have questions about anything, you can ask, just like you're having a conversation with a colleague.

• 21:59Scott Galloway?

  NetSuite is customized for a wide range of industries, so it supports the way your business truly works. Whether your company earns millions or even hundreds of millions, it's time for NetSuite Next, where your business meets AI. If your revenues are at least in the seven figures, get our free business guide, Aligning for the Agentic Era: How AI is Changing Everyday Work, at netsuite.com/prog. The guide is free to you at netsuite.com/prog. netsuite.com/prog.

• 22:32Scott Galloway?

  Support for the show comes from Vanta. As AI adoption grows, so does your company's security risks and requirements. New frameworks, audits, and vendors keep piling on, but your team isn't getting any bigger. Most compliance tools promise automation, but you're really stuck doing all the work by hand, chasing screenshots, validating controls, and playing catch-up when audit season comes around again. Vanta works differently. The Agentic Trust Platform is built to scale with you, not slow you down. With over 1,400 automated tests across 400-plus integrations, Vanta collects evidence and monitors your controls year-round, cutting your audit prep by 82%. Plus, you can access the Vanta agent everywhere you work, whether your team is in Vanta every day or living in tools including Claude or Cursor. Want proof?

• 23:17Scott Galloway?

  Over 16,000 fast-growing companies like Ramp, Ryder, and Harvey save time and resources while scaling fast with Vanta. Learn more at vanta.com/prog and get $1,000 off. That's spelled V-A-N-T-A dot com slash prop G for $1,000 off.

• 23:39Scott Galloway?

  Support for the show comes from Vanta. As AI adoption grows, so does your company's security risks and requirements. New frameworks, audits, and vendors keep piling on, but your team isn't getting any bigger. Most compliance tools promise automation, but you're really stuck doing all the work by hand, chasing screenshots, validating controls, and playing catch-up when audit season comes around again. Vanta works differently. Their Agentic Trust platform is built to scale with you, not slow you down. With over 1,400 automated tests across 400-plus integrations, Vanta collects evidence and monitors your controls year-round, cutting your audit prep by 82%. Plus, you can access the Vanta agent everywhere you work, whether your team is in Vanta every day or living in tools including Claude or Cursor. Want proof?

• 24:24Scott Galloway?

  Over 16,000 fast-growing companies like Ramp, Ryder, and Harvey save time and resources while scaling fast with Vanta. Learn more at vanta.com/profg and get $1,000 off. That's spelled V-A-N-T-A dot com slash profg for $1,000 off.

• 24:48Scott Galloway?

  Do you think sequestering China from our most advanced chip technology was a mistake?

• 24:54Speaker 06

  Hundred percent. It's the biggest mistake ever. I mean, since when did we, you know, I mean strategically, as I said, of course, you know, the two big sanctions that America did in the last, you know, few years were, you know, backfired massively against America. The move against Russia, you know, basically got a lot of people to try and de-dollarize a little bit. And the move against China drove China to become more inventive. It's as simple as that. But it is also a massive statement of, you know what, I'm gonna try everything I can to beat you.

• 25:35Speaker 06

  And I don't know how to say that in a, in a polite way, but I've gone the first time to America in the seventies. And it blew me away. It was a world apart from anywhere else in the world. I get that feeling today when I land in Shanghai. Uh, it's, you know, it's not, it's not an easy fight. It's not a, it's not a determined fight. Let's say seventies, eighties, nineties, definitely, you know, post Berlin. The US could do whatever the F they wanted in the world. I don't think it's as easy a slam dunk as it has been in the past anymore.

• 26:16Speaker 06

  I think America needs to recognize that when you win, it's going to be through strategies like what Trump is talking about by increasing defense, uh, you know, spending even further than where it was, you know, loading the, the, the, the, the American, uh, debt clock even further than it is loaded. And, you know, I, I had a, a, a very good boss of mine that used to say, when, when we're under pressure, we tend to do more of what we know how to do best. But what we know how to do best is what got us under pressure in the first place. And I truly and honestly think that, imagine a world where there is an agreement that

• 26:58Speaker 06

  America adheres to, by the way, that basically says, let's just deliver that world that everyone's dreaming of. Deliver a world where there is no need for you to attack me.

• 27:09Scott Galloway?

  I think of a little bit of this, your, what I, how I would couch on your comments is you think we're entering into what I'll call an age of equivalence. I don't, I don't know how to, my semantics might be up, but I think of America was able to develop and sustain certain competitive advantages. Manufacturing, mostly because the German and Japanese infrastructure had been leveled. Then services infrastructure, uh, and then the technology, you know, whether it was because of IP, risk-taking, multiculturalism, and we were able to maintain.

• 27:43Scott Galloway?

  One, two, three decade leads and find the next thing and establish more prosperity and create and consume a disproportionate amount of the world's spoils. And tell me if I'm saying this correctly, you now believe that our competitive advantage around these things is shrinking from 30 years to 30 days. So it sort of should bring on this incredible age of cooperation and we should stop diluting ourselves that we're going to be able to get out ahead and win. Is that, is that an accurate summary of what you're stating?

• 28:15Speaker 06

  That is a very accurate summary, that it is, it's, it's still possible for the US to win. I think the most important competitive advantage that, you know, you may have not mentioned here is that money has always been free for the US, right? You had the ability to print money to create amazing wealth that was, that got reinvested wisely and, you know, and sometimes unwisely. Unfortunately, I think we're in a, in a time where $500 billion on Stargate is, you know, sounds unwise, right? But, you know, at a point in time, it was a no issue, you know, it's like, okay, if this is what it takes to build the infrastructure, we'll do it.

• 28:54Speaker 06

  What I'm attempting to say here is, it's not that the US has lost the capability to crush other nations on whatever, you know, full spectrum dominance that the US has been attempting to, to achieve for years. It's that other nations have grown an ability to resist, right? And that the more the US is becoming, you know, I, again, I worked my entire life in corporate America, so don't, don't take that as an attack to, to, to the American approach at all. I'm basically saying that the more America will bully the world, the more you'll get responses like DeepSeek across the world, you know, where people are simply going to

• 29:38Speaker 06

  say, you know what, we don't like this anymore. I, you know, I, I will openly say, I don't like the fact that there is a small chunk of my, of whatever money I made anywhere in the world that was somehow handed to America because of the US dollar dominance. Right, you know, I don't, I don't feel as a wealthy man, I don't feel that this tax, if you want, on all the money made everywhere in the world, that this export of inflation to everywhere in the world is a just setup for all of us to succeed. And so you can see across the world, you know, actions from Japan, from China, from Russia

• 30:17Speaker 06

  for sure, that is basically attacking the US where it becomes painful, which is the US dollar dominance. It's not going to go away anytime soon, but it makes things a little painful. And, and it is, you know, in a typical environment, in a typical environment, the US would say, you know what, I'm going to crush you. I'm, I'm strong enough and you are strong enough. You know, I'm going to apply tariffs, as, as Trump would say, and make sure that nobody has access to my wonderful market. Yeah, makes sense, it does make sense, but it also causes pain on the US side, right? And it comes from a mindset of we're still competing for limited resources, where the

• 30:58Speaker 06

  world was made up of metals and minerals, you know, and, and, and, and power was acquired by, by weapons. I think we are on the cusp of a world where everything is possible. Just understand that from a difference of, of manufacturing point of view, right? With enough understanding of nanophysics and, and, and understanding of, you know, a level of intelligence that helps us bridge the remaining bits of nanophysics, we could manufacture things out of thin air, just reorganizing molecules of air, right? Instead of competing for minerals and resources, and this is on, at our fingertips, it's years

• 31:42Speaker 06

  away. There is a need for a mindset change.

• 31:47Scott Galloway?

  I always like to pause and double click on, or at least cement and highlight what I think is real striking insight, in the notion of

• 31:57Scott Galloway?

  An inability to sustain an advantage and all it does is create fear and weaken relationships and make one side more likely to strike while they're ahead and create workarounds because they're, you know, nothing creates innovation like war and the threat of survival, right? And what also really resonated was, and I've been saying this, I think Sam Altman is Sheryl Sandberg with hushed tones. Sheryl Sandberg was weaponized for femininity, her charm, her maternal instincts, gender, the important conversation around gender, to basically take what was a company that was creating rage, making our discourse more coarse, depressing our teens, and make it seem more palatable, to basically rub vaseline over the lens of pretty mendacious behavior.

• 32:42Scott Galloway?

  And I feel like Sam and his hushed tones and his, "That's a real concern, you know, Senator, I'm worried too. Meanwhile, I'm about to raise $40 billion at a $350 billion market cap." I mean, it's just, I have been to this fucking movie before and we are falling for it again and again. And so I want to, I want to propose something and have you respond to it. And this is literally, you just inspired this thought. Similar to the way we have the UN or NATO, we have a new organization and the two founding members are China and the US. And it's total open, there's offices in DC, Silicon Valley, Shanghai and Beijing.

• 33:24Scott Galloway?

  Every room, every team has a mix of US and Chinese scientists, regulators, such that it's almost impossible to hide anything. We're all working on the same damn thing. And we're trying to solve the world's most difficult problems, food distribution, health, poverty. We're working together, but we're also making sure there's a very, very thick layer of supervision and enforcement such that we are constantly testing, how would you make bioweapons? And then we're sending our crawlers out to see, is anyone working on this? That we don't want working on this? And we together try and create, you know, like what Interpol was doing, where we had multilateral cooperation around the drug trade and arms shipments.

• 34:06Scott Galloway?

  But we have this multilateral organization that says, there's total transparency. And our job is to dole it out where we see the most opportunity to increase Stakeholder value and the stakeholders are all seven and a half billion people on the planet and we're there to ensure that there's trust and transparency and ensure that the bad guys don't get this and start doing and we're going to cooperate around either sequestering this or ensuring that the development of it to make weapons or create a new super virus that we are hip to these things before anybody else and act against them. With that type of organization, do you think that's possible? And in your mind, do you think that that has merit?

• 34:51Speaker 06

  That would be a dream. I mean, let me just double click on a very important comment that you said there at the end. What both parties are unable to recognize while they are putting their heads down and competing with each other is how many bad guys are putting their heads down in silence and working against both of them. The thing about AI is a massive democracy and massive set of open source. Once again, because of the speed of this thing, you know, it took Linux tens of years to actually be, I mean, at least around 10 years to be established. It took massive open source models weeks to be established,

• 35:34Speaker 06

  right? And so there is access, you know, anyone today can download a deep seek, you know, model to their computer in the jungles of Colombia and do something malicious without ever being detected. Now, the dream here is that we work together to say, look, again, mutually assured destruction. If we are not both together against the bad guys, there is harm that can come to all of us. And I think it's a beautiful dream. But believe it or not, there is a bit of that dream that's already happening. I mean, I don't know if you know the statistic, but 38% of all AI, top AI researchers in America are Chinese.

• 36:17Speaker 06

  You know, it's quite staggering when you really think about it. And if you if you count if you count the Indians and if you count, you know, some of some that have Russian origin and so on. What percentage of that thirty eight percent are spies? Great question. And in all honesty. In the world you're defining it, those spies are assets to humanity. And it's quite interesting that if you do not have a reason to spy, then they become more of an asset to humanity. I think I think that the truth here is there is no winning. There's truly no winning. And and I, of course, I don't want to to be grumpy, but, you know,

• 36:56Speaker 06

  a massive advantage in AI is not gonna trump the card of nuclear Holocaust. So we're competing in the wrong arena, if you think about it. Because in a world where we have so many superpowers, of which almost four or five can completely wipe out our planet in less than two hours. Right? The quest for more power, for for a dream that I can crush someone else, is a very dangerous quest. Nobody in this world today can crush anybody. I think this message needs to become really, really clear. What are we competing on? What are we competing on?

• 37:39Speaker 06

  And so, of course, you know, what you what you recommended, by the way, can be done by governments, which I think is an impossible dream. But believe it or not, if just a few billionaires got together and built those things, the creation of the world of abundance will basically nullify the need to compete. You see, the the challenge we have in our minds is we're not in that world of abundance yet.

• 38:05Speaker 06

  Right? And so and so we're still living in our capitalist way of every one of us has to to to to play, to to aggregate more wealth, which delivers more power. And then that I take that wealth and power and protect my wealth and power and make more of it. This is a world that's about to end. It is literally about to end for six billion of us as soon as jobs go away.

• 38:31Speaker 06

  Nobody's talking about this.

• 38:33Scott Galloway?

  So you and I both know, you probably more so, but I would say I know personally or somewhat well, I don't know, a dozen or two dozen billionaires. And what I have found is that the majority of them have what I call their very expensive go back. And that is they have a plan, whether it's antisemitism, or a nuclear war, or some sort of AI catastrophe, or revolution. And they have their Gulfstream 650 ready on a moment's notice and pilots and their bunker in New Zealand. And what I've said, when I've talked to a few people about this is like, let me get this. If things really get that bad, you don't think your pilots are going to get you to

• 39:18Scott Galloway?

  your destination and then kill you? You think they're going to sacrifice themselves to save your family? You don't think that everybody else is going to figure out where the billionaire bunkers are and come and take you? I mean, it's just, it's such a ridic- I feel like it's not only a stupid thesis, it's an unhealthy one. Because they're under the impression that their money can buy them a ripcord, a way out. And they can't. And so shouldn't you be focusing all this energy on making sure that we just don't get to that point? I don't, colonizing Mars, well, here's an idea. Take your immense talent and capital to make this place a little bit more fucking habitable because you're not going to want to live on Mars. Mars is an awful place. You don't want to be there.

• 40:03Scott Galloway?

  That's worse, that's worse than death. That's not space exploration, it's space execution. Isn't this, I mean, don't we have a real virus? It's almost like capitalism collapsing on itself, where we get so caught up in our self-worth, and our masculinity, and our power around the number, and we see this way to a billion, 10 billion, a trillion dollars, which will increase in the current age, my worth as a human. Don't, doesn't this require an entirely different zeitgeist?

• 40:39Speaker 06

  Endlessly, you see, you see, both directions of this dilemma are quite interesting. One of them is, you know, remember last time, I don't remember when we were, when we had a drink at, after the event. Uh, we spoke about the idea of what you can do with money. You know, there, there is, there is a, a specific, um, you know, range of wealth. Uh, where money makes a difference, you know, if you've never driven a sports car before and you manage to get yourself a sports car, you go like, ah, I made it. But then if you drive a real sports car and you know how annoying and fucking broken they are and you know how they, you just eventually go like, I don't need any more of this.

• 41:20Speaker 06

  The problem is, it, the game of billionaire or multi, multi, multi millionaire is wonderful, okay? It's a, it's a nice game, but it has no significant impact on gains that you can achieve as a human. You'll still sleep in one bed and you can make it as fancy as you can, but it's still one bed. You can still drive only one car. There could be six hundred other cars, six hundred thousand other cars in the garage, but you're still driving only one. And by the way, when you're a billionaire, you're not really driving it comfortably anyway, because you're targeted all the time. The other way of this crazy dilemma is even more, uh, you know, worthy of discussion. Because we, uh, remember the times when, uh, if you had an MBA, you were like a, a highly educated post grad.

• 42:05Speaker 06

  And you know, now everyone has an MBA. And then if you had a PhD, you know, you became the special one and now everyone has a PhD and you know, many have many. And, and the idea here is, um, there is an inflation to the value of something that you acquire, right? And, and what is happening with wealth today with artificial intelligence is if you just look at the current trajectory. We're gonna see our first trillionaire within years for sure. And that not only makes that person acquire more wealth that is not necessary, but it makes the price of every Rolls Royce higher. And then that makes the price of every Mercedes higher and that makes the price of every Toyota higher and so on and so forth.

• 42:48Speaker 06

  Which basically means that as more of those exists, just in the single digits, more of the millionaires become poor.

• 42:57Speaker 06

  And then a few years later, more of the hundred million millionaires become poor because they can no longer compete with that level of wealth to which everyone is now appealing. And so if you take that cycle and continue to repeat it over and over, eventually you'll end up with a very few, like way less than point oh one of one percent, you know, of all humans that have so much wealth. But then the great equalizer is that the rest of us have no wealth at all. So once again, from an economics point of view, we are getting to a point where money will have very little value as compared to a world where money has no, has no value

• 43:38Speaker 06

  because everything is becoming a lot cheaper, which is a world we can create with AI.

• 43:43Scott Galloway?

  So I buy it theoretically, but what I've registered is that over the last fifty years, money becomes an even greater arbiter of the life you can lead. When I was a kid, the difference between my dad's house and his boss's house, little bit nicer car, a little bit bigger house, but we were in the same neighborhood, golfed at the same country club. The market in a capitalist society figure, always figures out a way for you to offer you more with more money. There's coach, there's premium economy, there's business class, there's first class, there's chartering, there's fractional jet ownership, there's ownership, there's a challenger, there's a Bombardier Global Express, and there's a Gulfstream six fifty, then there's going into space.

• 44:23Scott Galloway?

  My sense is life has actually gone the other way the last fifty years, that the life that the point one percent lead is an entirely different life. It's like the delta between being middle class and rich has gotten bigger and bigger and bigger. And so the incentives are actually the other way, that there really is a reason. When you're the richest man in the world, you can show up and turn off foreign aid without being elected.

• 44:50Speaker 06

  Correct. I think we're saying the same thing. What, what, what that means, however, is that the majority of us, even the ones that are now millionaires, are going to become poor.

• 45:01Speaker 06

  That what you're saying is exactly true. It's that the range in which we're now talking about the difference between what you can do with a lot of money and what you cannot do if you don't have that money makes everyone almost equal at the bottom. Everyone gets a reasonable car, but not a massively fancy car. Everyone, you know, becomes equal as compared to those incredibly wealthy, if you know what I mean.

• 45:29Scott Galloway?

  We'll be right back. Stay with us.

• 45:36Speaker 00

  When you need to build up your team to handle the growing chaos at work, use Indeed sponsored jobs. It gives your job post the boost it needs to be seen and helps reach people with the right skills, certifications, and more. Spend less time searching and more time actually interviewing candidates who check all your boxes. Listeners of this show will get a $75 sponsored job credit at indeed.com/podcast. That's indeed.com/podcast. Terms and conditions apply. Need a hiring hero? This is a job for Indeed sponsored jobs.

• 46:06Speaker 01

  Welcome to Sephora.

• 46:07Speaker 02

  I'm looking for a perfume that's not too perfumey.

• 46:11Speaker 01

  I got you.

• 46:12Speaker 02

  Serum moisturizer or moisturizer serum.

• 46:16Speaker 01

  Let's get into layering. My concealer is making me look worse. Sounds like the wrong shade. Let's get you matched.

• 46:24Speaker 03

  There's only one store that really gets what you're going for. Get beauty from people who get beauty. Only at Sephora.

• 46:31Speaker 07

  Hi, I.

• 46:32Speaker 01

  Let's get you a basket.

• 46:36Scott Galloway?

  Support for the show comes from Nutraful, the number one dermatologist recommended hair growth supplement brand used by over one and a half million people. When you get to the stage of life where you start to notice hair loss, you have a few options. You can shave it all off and enjoy your new look, or you can commit to a new team whose logo you wouldn't mind constantly spotting on a hat, or you can actually restore some of your hair's former glory with Nutraful. Nutriful has formulas built for men at different life stages, such as Nutriful Men for guys aged 18 to 49, or the new Nutriful Men 50 and older. It's the first product of its kind specifically made for men over 50. You can address the key root causes of thinning wherever you are in life. Grow visibly thicker, fuller hair in three to six months. Start Nutriful today and make the hat optional.

• 47:21Scott Galloway?

  Visit nutriful.com and enter promo code PROVGE for $10 off your first month's subscription and free shipping. Find out why Nutriful is the best-selling hair growth supplement brand at nutriful.com, spelled N-U-T-R-A-F-O-L dot com, promo code PROVGE. That's nutriful.com promo code PROVGE.

• 47:49Scott Galloway?

  We're back with more from Mogadad. Mogadad, I want to propose a thesis and I'm going to do what we're supposed to do and that is talk about your book. I was sort of blown away by this guy, Robert Armstrong. He proposed, or he talked about certain industries where the innovation has resulted in stakeholder value, not shareholder value. So we have fallen under the notion that if I can come up with a better search engine, I'm going to capture trillions of dollars in shareholder value for me and my investors and my employees. Same way around social media, same way around e-commerce. I came to Orlando last night for a speaking gig. I skirt along the surface of the atmosphere at 8:10 the speed of sound.

• 48:31Scott Galloway?

  I don't have to eat my niece going over the Rockies with scurvy. I don't get seasick for 14 days as my parents did coming on a steamship. It has changed humanity, jet travel. The PC changed humanity for better. I mean, it's just a supercomputer that used to cost $10 billion on inflation adjusted, I can get for 300 bucks, put it on my desk and increase the productivity of everything. I was on the board of Gateway Computer. We were the second largest computer manufacturer in the world. When I bought 17% of the company, it was worth $130 million. If you added up all the profits of the airline industry, It's negative. They've lost more money than they've made. There are certain industries

• 49:13Scott Galloway?

  in technology where because of a lack of competitive modes, the gains, the value seep to humanity and to stakeholders, they're not able to be captured by a small number of shareholders. And when DeepSeek came along, it sort of dawned on me, maybe, and I think this is an optimistic vision, maybe AI is more like the PC or the airline industry. And that is many of the benefits will accrete to stakeholders and citizens, but no one small set of company or people are going to be able to capture all of the value. Do you think there's, do you think that's an optimistic view of where AI might be headed? In other words, do not participate in the SoftBank round at $350 billion in OpenAI?

• 49:57Speaker 06

  There is certainty in my mind that there is going to be a democratization of power, more access for everyone to more things, right? Unfortunately, if you take a power hungry scenario in the recent wars of 2024 in the world, you got the ultra powerful, you got a concentration of power, some of it using AI, by the way, in terms of weapons that have massive impacts, but you also got access to drones that can be flown from a very far away distance and for $3,000 cause a lot of harm, right? And I think that dichotomy, if you want, that arbitrage between a massive concentration of power at the top and a democratization

• 50:41Speaker 06

  of power at the bottom is going to drive a very, very high need for control. Once again, I love the hypothesis or the ambition for AI to become that net positive to the world because it's not really driving only profits to the top, which it will, but I think that the opposite direction of that is that when you have massive power at the top and you sense that the bottom has a democracy of power and that can threaten you at any point in time, you're going to have to oppress them. And so that will take away the benefits

• 51:19Speaker 06

  that the majority can get. And I give a very stark and maybe a bit graphic example. Think about a world, Scott, where a bullet could kill. But if you're a leader of a nation, you can have protection around you and can have everything to protect yourself. We've seen examples in the 2024 wars where a specific person is targeted anywhere in the world and killed. You know, a tiny little drone carries that bullet, seeks you with AI, finds where you are, stands in front of your forehead, and then shoots. And these technologies are unfortunately under development. Now, think

• 52:00Speaker 06

  about what that does to democracy. Think about those who own that weapon, by the way, they don't necessarily have to be governments, and how they can influence the distribution of power, how they can ensure that whatever is created is directed in a way that's different than what would benefit the majority.

• 52:26Scott Galloway?

  Yeah, in every war, there's a new weapon that kind of changes the game. And I think people don't talk about this enough, but I think drones are the new weapon that's going to, I mean, I think about millions of self-healing assassin drones and AI, and the AI, under the direction of some individual, puts together a list of people who are not in the way of my wealth or my power, and those drones can be released at one of a, you know, thousand different, I mean, you can, you can really get very dark, very, very fast here. So I'm going to try and segue out of this into something a little bit more positive.

• 52:59Speaker 06

  Is this the very first conversation where I am grumpier than you?

• 53:04Scott Galloway?

  Yeah, we're about, there's, this is a, there's, yeah, it's definitely grumpy old men. It's grumpy, it's grumpy, grumpier and grumpiest. But I do find, I do, whenever I speak to you, I, you like manage to distill something down to something understandable and actionable for me. I love the idea of this multilateral agency. I was thinking in a zero-sum game philosophy that we need to get out ahead, we need to develop AI, we shouldn't be shipping Nvidia chips to China. I was part of that crew. And what you have taught me is, okay, what if we cooperated around not only releasing it,

• 53:39Scott Galloway?

  To for, you know, the betterment of humanity, but also quite frankly policing the bad stuff together and being a hundred percent transparent with each other and just saying there not only are there no secrets, but it would be impossible to have secrets amongst each other because we're we've just decided we're in the same office space. I really love that idea. And I think that as I think about candidates that I want to support in 2028, I I do or 2026, I do have access mostly because I have money. But I think this is a really interesting view. Anyways, thank you for that. Your latest book, Unstressable: Practical Guide for Stress-Reliving, addresses the pervasive issues of chronic stress in modern life. In an interview on the Diary of a CEO with,

• 54:24Scott Galloway?

  by the way, Stephen Bartlett, who I believe is going to be the next Joe Rogan, you describe stress as an addiction and a badge of honor. Say more. Why are we so addicted to stress?

• 54:34Speaker 06

  Part of the of the fakeness that leads us to success is I'm busy, I'm busy, I'm busy, which I have to say, I found almost always quite shocking because, you know, if you if you go across the the range of intelligence, if you want, I think most of us know that a good 80 to 90% of all of the efficiency that you bring to any job that you do is done within 20% of the time. But yet, you know, part of your ego is I'm going to fill the other 20, you know, the, you know, the other 80% of the time with 20%

• 55:15Speaker 06

  work that's taking a lot of toll on me because it basically means I'm driven. It basically means, you know, that I am maximizing my my my performance, maximizing my deliveries between waking up in the morning at 5am to run an Ironman and then, you know, going in the evening to attend I don't know what and flying all over the world and so on and so forth. The truth of the matter is, um, this is a self-perception, a form of ego that says, I am doing amazing, okay? But it isn't. And I think the biggest challenge we have is that we believe that the world stresses us. The world does not stress us. I mean, when I wrote, uh, when I wrote Unstressable, I started from physics.

• 55:58Speaker 06

  I basically said, look, the easiest way to understand physics in here is to understand stress in humans is to look at stress in objects. And the stress in object is the force applied to the object, but that is divided by the cross-section of the, uh, of the object, how much resources the object has to carry that force, right? And so typical reality of our life, especially the lives of busy executives who live in busy cities and so on and so forth, is that there will be multiple challenges and forces applied to you every day. But that the cross-section of you, your capabilities, your skills, your connections, your, your, your abilities and so on, eh, the more you have those and apply them properly, the less stressed you feel.

• 56:40Speaker 06

  There might be more force applied to you, you might be carrying more challenges, but you don't feel stressed. Just like an object doesn't break when it has a bigger cross-section. And the reality of the matter is that part of the badge of honor is not that I'm carrying a lot of things. It's that I'm busy and I'm angry and I'm stressed and I'm this and I'm that. And, and I find that honestly, yeah, and I worked with many people who are very successful, who are, who appear to be that way and become a lot, very obnoxious and unloved by their people. And I worked with a few that were totally chill. You know, I, I used to be the one that used to tell my sales team, I really think this pipeline is too wide. I, I really think you should focus on thirty percent of it and close it, uh, you know,

• 57:23Speaker 06

  rather than waste your time on things that you will not serve well. And, and you know, in a way, you make more money that way, you become more successful that way. You get more, uh, you know, customer satisfaction that way. And the rest of the pipeline, you hand over to a different channel that does it in a way that's suited for it so that it doesn't stress anyone.

• 57:43Scott Galloway?

  How do we deal with stress in a more sustainable way? And as we wrap up here, are there any quick fixes?

• 57:47Speaker 06

  I feel that what we do, what we want to deal with is not stress. What we want to deal with is a break points. So we want to avoid break points. And I think, I think there are three break points that happen to us in our world today. One, one is of course burnout. Okay. And burnout algorithmically is the sigma of all of the stressors that you're under, multiplied by their duration, multiplied by their intensity. And basically, most of the time when you burn out, you burn out not because one big stressor is in your life, but it's because of the aggregation of all the little things, the loud alarm in the morning, the commute, the this and that. And then one little thing shows up on top of it and you break down. And so burnout to me is a question of a weekly review. Literally every Saturday, you sit with yourself, you write on a piece of paper, everything

• 58:32Speaker 06

  that stressed you last week. And you scratch out the ones that you commit that you will not allow in your life, in your life anymore. You can, you can either remove them from your life or make them more enjoyable. So if you're, if you have to be stuck in a commute or a long flight, take some good music with you, be healthy and so on and so forth. The other break point unfortunately is trauma, right? So basically massive stress that happens in a very short period of time that exceeds your ability to deal with it. The loss of a loved one, an accident, you know, being stuck in a, in war or whatever and so on. And, and, and, and this unfortunately is not within our hands, but believe it or not, it actually is not the reason for the stress pandemic of the world.

• 59:16Speaker 06

  So 91% of all of us would get at least one PTSD inducing, like the, the highest of all trauma PTSD inducing event once in their life. But 93% of those will recover in three months and 96.7% of those will recover in six months. And, and all of those will, will enjoy post-traumatic growth. So there is no worry about, about trauma, if you want. It's, it's not within your control to prevent, but you know, if you work on it, you'll recover. The third and the most interesting reason for stress, especially in younger generations today is what I call an anticipation of a threat.

• 59:59Speaker 06

  Right? And and the challenge with it is that looking forward with fear, worry, anxiety, and panic are probably the biggest stressors for the younger generations. And and the funny bit is that fear is not a bad emotion. Fear is actually alerting you to something that you need to pay attention to. So that's okay, right? Worry, anxiety, and panic are actually of a very different fabric. So worry is not about I know there is a threat coming. Worry is I can't make up my mind if there is a threat coming or not. And so you keep flip flopping and you don't take the action and and you keep feeling the fear but not doing anything about it. When when you're worried, you need to actually tell yourself openly,

• 1:00:41Speaker 06

  look, I'm going to decide if I should chill or panic, right? Chill or freak out. If it's freak out, then it's fear, deal with it. If it's chill, then stop thinking about it. Anxiety is not about the threat. Anxiety is actually about your capability. And most people, if they really visit themselves when they feel anxious, when you're anxious, there is a threat approaching you, but you constantly think that you're not capable of dealing with it. So the more you attempt to deal with the threat, the more you feel incapable, so the more anxious you become. When you're anxious, work on your capabilities, not on the threat. And then panic is a question of time, right? And panic really is the stress, you know, the the threat is imminent. It's approaching me too quickly. And so accordingly,

• 1:01:25Speaker 06

  when you feel panicked, don't work on solving the problem, don't work on addressing the threat, work on giving yourself more time. You know, find someone to help you or delay the, you know, the the presentation time or, you know, or cancel a few meetings so that you have more time for the for whatever it is that you need to focus on. And and what I mean by all of this is this is a very, very quick summary of, you know, of a lot of stuff that we discuss in Unstressable. But but but what I mean by this is that it's all it all goes back to your cross section, all goes back to skills and choices that we make so that the external stressors that come to us from from the world don't don't kill us.

• 1:02:04Scott Galloway?

  One of my favorite Steven Spielberg movies is this movie called Bridge of Spies. And this Russian spy who's been unmasked by the US government is in court. He's being tried for You know, treason or spying and he's potentially facing life in prison and his lawyer, I think it's Tom Hague, says, aren't you nervous? Aren't you stressed? And he looks at him and says, would it help? Exactly. And yeah, anyways, Mo Goddard is the former chief business officer for Google X, the founder of One Billion Happy Foundation and co-founder of Unstressable. He's also a bestselling author of books, including Software Happy, Scary Smart, and That Little Voice In Your Head. Mo, I mean this sincerely. You bring my stress down because I find you

• 1:02:47Scott Galloway?

  inspiring and relaxing and you distill things into kind of actionable solutions. Really always enjoy speaking with you. I think you're really a profound thinker. Thanks for your good work.

• 1:03:01Scott Galloway?

  This episode was produced by Jennifer Sanchez. Our intern is Dan Shalon. Drew Burrows is our technical director. Thank you for listening to the Prop G Pod from the Vox Media Podcast Network. We will catch you on Saturday for No Mercy, No Malice, as read by George Hon. And please follow our Prop G Markets pod wherever you get your pods for new episodes every Monday and Thursday.