Prof G Markets Are We Headed For a Recession? + How Tariffs Hurt Housing (Live at SXSW)
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Mar 13, 2025 At SXSW, Ed and Scott tackle pressing topics like Apple's delay on AI updates and Sony's battle with deepfakes. They unpack why major banks are sounding alarms about a possible recession, linking it to stock market woes. A deep dive into tariffs reveals how they’re driving up housing costs, raising questions about the notion of homeownership as a wealth-building strategy. The conversation wraps up with audience questions, emphasizing the evolving challenges young buyers face in today’s volatile market.
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Apple's Vision Pro: A Defensive Play
- Scott Galloway believes Apple's Vision Pro headset is a defensive move against Meta.
- It's a costly "call option" to ensure Apple isn't left behind in spatial computing.
Deepfakes and the Erosion of Trust
- Deepfakes erode trust in individuals and institutions.
- Holding platforms accountable through Section 230 reform is crucial for digital IP protection.
Banning DeepSeek
- Ban DeepSeek due to weak encryption and lack of reciprocity, mirroring China's ban on ChatGPT.
- U.S. inconsistency in banning Chinese technology undermines its global credibility.