SG Scott Galloway Scott Galloway Professor of marketing at NYU Stern and author of bestselling books including The Four and The Algebra of Wealth.

“Banks don't set their own capital requirements. Boeing doesn't certify its own plane. We're asking the guys building Jurassic Park to serve as the park rangers.”

Pivot (Kara Swisher & Scott Galloway) · Tech Strategy & Big Tech · October 2026

“Banks don't set their own capital requirements. Boeing doesn't certify its own plane. We're asking the guys building Jurassic Park to serve as the park rangers.” — Scott Galloway, Pivot (Kara Swisher & Scott Galloway)

Galloway and Kara Swisher were discussing the voluntary safety agreement the AI companies signed at the White House. Galloway's argument is that no other industry with this much potential for harm is left to police itself.

Transcript

Pivot (Kara Swisher & Scott Galloway) Around 17:39 into the episode
Scott Galloway

That's right. That's after the kids have already died, right? So you have to have these companies don't police themselves, right? No. Restaurants don't expect themselves. Banks

Kara Swisher

don't expect themselves. Banks

Scott Galloway

don't set their own capital requirements. Boeing doesn't certify its own plan. We're asking the guys building Jurassic Park to serve as the park rangers. We're asking the tram stores recs to be the park ranger here.

Kara Swisher

You use the expression all the time. We're allowing the arsonists to tell us about fire safety, essentially. And one of the things that's really interesting here is how much I'm just riveted. Like when it came out, I think I'm sure you went on TNO. I was like, this is just. Ridiculous. This is just, and of course they spelled the United States wrong, which is just like, who in the world is over there that can just like actually copy edit. But, but this Heg says thing, this thing with the president at the White House, it's all such theater. It's just ridiculous theater without anything. Meanwhile, these guys get to do whatever they want and sort of pretend that they're getting along. This is a Silicon Valley beef happening on asphalt in front of the White House. That's all it is. It's like how they, and they had poor Dario there. He looked like a hostage. I don't know if you noticed. They kept moving him around. Yeah. You know, he kept trying to run away. It was just the whole, I know he's trying now to cooperate because he's going public, which we'll talk about in a little bit. But I just, this is like so dangerous. It's both things are so dangerous in terms of what's happening. And this leaves us so vulnerable in so many ways. And especially the fact that he's doubling down, Scott, when every single poll says differently. What do you imagine is going on there? He just doesn't care or he's getting money? Or what is your explanation from a marketing point of view, even of pushing this stuff when everybody is against it?

Scott Galloway

I think it goes to a broader point, and that is the incentives here overwhelm morality. And the problem isn't that these people are evil. The problem is that they're capitalists. And we shouldn't build a regulatory architecture that requires CEOs to choose humanity over market share every Tuesday morning. This isn't their job. Their job is to be rapacious capitalists. And the government's job is to ensure, prevent a tragedy of the commons and then tax them so that we can reinvest in the middle class to actually buy their products and have a Navy and food stamps. And we're not doing either. So this is just really, in my opinion, really poor governance. And I think these guys, I can't imagine all of these guys aren't on Lexapro and Xanax to get to sleep at night. Okay, we don't know what's going to happen in the next administration comes in and says, oh, we've decided you're liable for everything, the bad thing that happened here. And there's a populist uprising against these guys. You could definitely see one or more of these guys on trial if something bad happens. So, and Bill Gates gave, I thought, an excellent interview in the New York Times and has me rethinking everything. I've always said there's no wizard behind the curtain. You know, there's always a wizard behind the curtain and that there's going to be more jobs created than destroyed. And he believes that once these, you know, and all of these professions, once they get to a quote-unquote acceptable level, you're just going to see entire industries employment goes away. And to be fair, Bill's been wrong before, but he's mostly right about technology. I found it very scary. Yeah,

Kara Swisher

I think he's going a different direction. He often does that, right? He wants to be the kind of, Bill is on a quest to be relevant and he is relevant, but I think he, there's a couple of people who are going to stake at a very different thing. And he doesn't have skin in the game, right? I assume he still owns Microsoft shares. The thing I like about Bill is he does say these things out loud. The thing I don't is he tends to be like very, he should be more strongly worded, I would say, but it's not in his nature. He likes to sort of get along in a lot of ways. And I think we need a leader from this group that says, hold on a second. This is existential. But in a very, someone who's not at one of these companies who has a lot of credibility.

Speaker names from our own diarization · position estimated from where the line sits in the episode

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