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November 19, 2024 71 mins

Scott Galloway, also known as Professor G, made a career in business. In today's episode, he discusses how he made his first million and why he chose to move on from the rat race and center his family. Professor Galloway discusses everything from how the culture can help produce healthier young men, the damage social media does to the psyche, how the addiction to cell phones has reduced the "slow-dopa" teenagers produce, and how youth in politics could positively impact the nation. Plus, Zach and Donald are at the clurb with The Chainsmokers family. 

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hey guys, it's Zach Braf here. I just wanted to
open the show and talk about merch because Donald and
I always forget to talk about merch. And Christmas is
coming up, and you know what your loved ones want,
and you know what you want more than anything really
is some good old fake doctors, real friends, merch. Most
appropriately for Christmas, there's a Christmas ornament of me riding
Donald Eagle style, not any other style, me riding Donald.

(00:24):
It's a beautiful ornament. And I'm gonna tell you about
everything else on here real quick. What you do is
you go to Cottonbureau dot com and then just search
for fake doctors cottonbureau dot com and then search for
fake doctors. There's wrapping paper with our faces on it.
There's a beach towel. There's a washcloth because you know,

(00:45):
we like to talk about washcloths. There's three different T shirts.
There's a pop socket for your phone of me eagling Donald. Oh.
This is really cool. For those of you who have
to wear a badge to work, particularly in the medical profession,
there's a badge holder with our faces on it that
has one of those pull out things for when you
have to swipe your badge on things. I want one

(01:07):
of those, and I don't even have a place to
wear a badge. I see someone made a Queen Joel
T shirt. I don't even know if that's through us
or what, but ah this I see. There's some like
after marketing looking ones things, meaning we didn't make them.
But anyway, there's cool stuff on you.

Speaker 2 (01:22):
Oh.

Speaker 1 (01:23):
Also, most importantly, there's a few of our legendary onesies left,
but they're only small and medium. If you happen to
be a smaller medium human being, you could get one
of those limited edition onesies we made, which are pretty hilarious.
That's it. Go check out the store. There's cool stuff
for your Christmas gift giving season, and Hanukah and Kwanza

(01:45):
and any other holiday where you give presents. Okay, here's
the show. This is I listen, audience. I successfully got
Donald of Vegas and this voice that I have as
a result of that experience. I wish I had this
voice all the time. Actually, no, you don't, Yes, I do.
I could. I just feel like i'd be more effective

(02:07):
in my life.

Speaker 3 (02:07):
I don't know that you'd be as successful if you
spoke like this all the time, Bro.

Speaker 1 (02:12):
Well, look at James old Jones. He did just film.

Speaker 2 (02:14):
Sound like James O. Jones. You sound like somebody you's
sick right now?

Speaker 1 (02:19):
No, don and I did a lot of singing in
Oh my God.

Speaker 3 (02:23):
It was like carpool karaoke. The thing is when you
hang out with someone like Andrew Watt, you just you
know who is amazing, an amazing musician and can play
any instrument.

Speaker 1 (02:38):
He brought his little parlor guitar, you know, one of
those little small guitars like that, like a travel guitar,
and anything you start singing, he just can play instantly.
And so it was like it was like a car.
It was karaoke all the time.

Speaker 3 (02:52):
And he could play it in any key also, so
like if you start in one key, he'll be like,
all right, hold up one second, all right, let's go.

Speaker 2 (02:59):
He's pretty impressive, buddy.

Speaker 1 (03:02):
You know, Donald, you don't sing a lot. I mean
I sing, and I wish you sing quite a bit. Actually, well,
our podcast viewers know you sing. But for example we
were in Andrew Watt. For those of you who don't know,
super mega producer. He was Producer of the Year Rock
two years in a row and he's he's an insane guitarist.
He uh produced the new Lady Gaga album that's coming

(03:24):
out Joelle. Anyway, so he when he came with us
and Bill Lawrence and Charlotte's daughter who's dating Andrew that's
and our friend Randall, and we were just had so
much fun and we were just singing and like Donald
and Andrews playing together was so fun.

Speaker 2 (03:42):
It was a lot of fun I had. I had
a really good time in Vegas. You know this is guys,
you went here. Well, there's sort of a lesson.

Speaker 3 (03:50):
This motherfucker said, dude, it's gonna be epic, and everyone
he said that too, was like, yeah, okay, sure it'll
be in some and we'll have fun.

Speaker 2 (04:02):
This turned out to be a fucking epic adventure.

Speaker 1 (04:05):
We soon, brother, if I promise epic, if.

Speaker 3 (04:09):
Fucking epic all the way from the plane ride to
the plane ride back. It was epic, so much so
that I'm trying to fight staying awake on the plane
back just so we could have conversation still about the trip.

Speaker 1 (04:25):
I feel I still feel tired today. I was like, oh,
I slept so long. But I learned to play craps
because we never really usually play craps, and we Donald
and I.

Speaker 2 (04:36):
First of all, let's get to the let's get you got.

Speaker 1 (04:39):
To say Bill, who's so cocky and like his whole thing,
is like, don't worry, guys, everything always goes my way,
which is talking about manifestation. It's kind of accurate. He
manifests that he lives that, and shit usually just goes
his way. So the dice gets a craps and these
guys are teaching me how to play craps. Andrew knows
what he's doing, and Donald knows what he's doing, and
I'm learning how I play craps for the first time.

(05:01):
And then it's time. Bill's turned to roll and he's like,
don't worry guys, things always goes my wife. Now. Now
hold on.

Speaker 3 (05:07):
First of all, when someone says that that's the ultimate
jinx right before craps, right, so we're like, all right, fine,
we put money down and he rolls a seven right away. Boom,
We're paid. So we're like, all right, bet, put a
little bit more down. He rolls another seven, he rolled seven,
and eleven. He rolled a seven or eleven out the
gate like five or six times in a row, so

(05:29):
much so that the fucking pit boss now comes to
the table and he is paying attention to everything that
Bill is doing.

Speaker 2 (05:36):
Right.

Speaker 1 (05:37):
So yeah, and they're asking us if we have those
players cards because if you start winning two months, they're like,
are you in the system?

Speaker 2 (05:42):
Like how do I do? I know you? And so
he's throwing and finally he hits a number.

Speaker 3 (05:49):
He hits eight, right, and so now we got to
put all of our money up on the board and
all of that stuff to get.

Speaker 2 (05:54):
And he proceeds to hit every.

Speaker 3 (05:57):
Number except for seven as he's rolling, and then finally
he for.

Speaker 2 (06:04):
Like a half for like a not for a half hour.

Speaker 3 (06:06):
For finally he goes, you know what, let me just
roll the fucking eight. Let me just roll a hard eight.
And we all have money on a hard eight. He
rolls it.

Speaker 2 (06:13):
Not only he calls it, he does it.

Speaker 3 (06:17):
And holy shit, everybody got paid and we're not playing
with little money and we're playing with money that makes
you sweat, you know what I mean, you sweat.

Speaker 1 (06:29):
By the way, Bill was so coming, he had like
this superstition that if he started cheering and going crazy
with us, like he would fall out of it. So
every time he he he hit the number. Everyone would
start screaming and he would just stay totally calm, like
he wouldn't even move. He was just like, I were like,
why are you celebrating. He's like, just just just let
me be.

Speaker 2 (06:46):
Let me, let me.

Speaker 4 (06:46):
He's a leader, just let me be.

Speaker 2 (06:49):
And so fine.

Speaker 3 (06:49):
So we get to it for like a half an hour.
So he hits it and then he rolls some more.
He hits it again, then he rolls some more and
he hits it again, and we're like, holy shit. Finally
he's like now he He's like, guys, it's coming to
an end soon, so let's not go too crazy.

Speaker 2 (07:06):
We're like, dude, this ship is.

Speaker 3 (07:09):
When he said that, immediately he rolls the seven, and
it was like, all right.

Speaker 1 (07:12):
He knew it was fun.

Speaker 5 (07:14):
It's incredible.

Speaker 4 (07:15):
We can ask change your mind, Zach.

Speaker 2 (07:17):
What did you do Togein? You didn't do anything. I
don't do anything.

Speaker 3 (07:20):
My wife was like, he's going with She was like,
he's going with Bill. Bill is going and I was like,
so she was like, if this motherfucker creates a deal
for Scrubs with Bill and you're not there, I was like, oh,
I should go, and she was like no, hold only finished.
In my mind, I'm like, this will never happen, right,

(07:42):
this will never this will never a deal without me,
there will never happen anyway.

Speaker 1 (07:48):
In your mind, we're going to negotioot you out of
her mind like to do her I'd like to do scrubs,
but without Donald.

Speaker 2 (07:54):
That was her mind.

Speaker 3 (07:55):
Her mind was like, We're gonna do scrubs without Donald.
And I was like, babe, that's not going to have
and she said, well, you need to go just to
make sure. I said, babe, how are you so untrusting?
That's what she said.

Speaker 4 (08:06):
Far I said.

Speaker 1 (08:06):
I wish I didn't hear this story, because I thought
it was that you finally came round to the fact
that I had put a fun group together and you
wanted to be there, and your wife said, you go, babe,
you go have fun with your friends.

Speaker 3 (08:18):
I was my wife was when she gave me the
green light to go. I was like, for one night,
are you sure? She's like, you need to go to Vegas.
And then all of the worry went off of my
you know, fell off of my shoulders, like all of
the weight fell off my shoulders. Because going with my
wife is a different story. She wouldn't have had fun
at some of the things we did, you know what

(08:39):
I mean. But she would have had fun at the
Crabs table. So when she was.

Speaker 2 (08:44):
When I didn't have to worry about that anymore, I
was good to go.

Speaker 1 (08:48):
Then we went because we were at the Wind and
the Chainsmokers were playing at this uh at the venue.
And Andrew's of course friends with the.

Speaker 3 (08:57):
Friends with everybody. They lived with him at one point,
well one of them lived with him.

Speaker 1 (09:00):
He's like, so he's like, you, guys, I don't know
if you'd normally go to the club when we wouldn't
at this age, but he's like, you will be in
the DJ, but you got to experience this. It's crazy
on a Saturday night at this club. So we went,
and you know the whole thing, security walking us all
with them.

Speaker 3 (09:18):
Before we get there, we got to talk about the
suite that they had to they had, they had they
had the remember when they when they win all of
that money and then they get the sweet.

Speaker 1 (09:33):
No, not the exact one, we're saying one that so
you know that caliber.

Speaker 2 (09:37):
And so we get there.

Speaker 1 (09:39):
The kind of sweet you get if you're the performer
at the Wind, And so.

Speaker 3 (09:42):
We get there and they're like, come down with us,
and we go down and we hit the club and
the club's outside, and I'm like, oh, this is cool.

Speaker 2 (09:48):
They got an outdoor club.

Speaker 3 (09:50):
So we get to the DJ booth and the DJ
booth their back is to the outside club, and I'm like,
this is the weirdest thing.

Speaker 2 (09:58):
Ever, how are you going to DJ?

Speaker 3 (10:00):
And I'm looking in this mirror also right, and i
don't see myself in the mirror, and I'm like, this
is the weirdest shit I've ever seen in my life?
Am I a vampire? No, the mirror wasn't the fucking outside.
It was the inside of the club, which was jam
packed all the way to the wall.

Speaker 2 (10:16):
And that's what the djo.

Speaker 1 (10:19):
It's three sixty. It's three sixty around. Half is outside,
half is inside. That's so cool. And it was crazy,
I mean. And the funny thing was Donald was like
was the one who's like, I don't want to know
the club. I'm like, dude, just experience being in the
DJ booth. Leave after fifteen minutes if you don't want
it'll be crazy. So we go. This motherfucker was up
in the front, like fucking dancing or crazy.

Speaker 3 (10:40):
I had outer body experiences while listening to I guess
it's dub step, dubstep or R what is it? R?

Speaker 2 (10:47):
What the fuck is this? Ship?

Speaker 3 (10:49):
All I know is actually was all and I was like,
I was like, yeah, leave this show. I know what
is this dub step?

Speaker 1 (11:04):
I don't know what you call it, Daniel, you would know,
but it was intense. I mean, they're probably playing some
steps of drama bass. How's this? Donald?

Speaker 6 (11:10):
What's this Daniels rash? Probably house music didn't sound like
I remember it sounds like it sounds like it sounds
like a song by Shiba Son. But the light show
was crazy. The light show was crazy.

Speaker 1 (11:28):
The funniest part was we were in the DJ both
right and they So there's all these women there that
want to be close to the to the the guys. Right.
So at first, when we first got there, Donald Iron
Front were talking to them, It's like so cool. Little
by a little as as women started to get more aggressive,
I guess aggressive aggressive or well, I'm sure some shots
at tequila. They were like elbowing me and Donald the

(11:49):
fuck out of their way, like let us get close
to these dudes. And I eventually gave up and I
was like I was like, I'm gonna go to the
back where there's a little bit of room because I'm
getting like elbows thrown. What I mean, because these girls
need their they need their fucking they need they need
their their influencer videos.

Speaker 3 (12:06):
I turned to this girl and I said to her,
I said, and now, Lux, if I elbowed you the
way you just elbowed me, he might be on the
floor and you would not be very happy about it.
Will you please stop elbowing? And she goes, oh my god,
I'm so sorry. She brings a dude over and I
look at the dude like, dude, I promise you. You
don't want this right and he backs off. And so

(12:28):
at first she's chill and I'm like, all right, we're good.
And then still boom boom, and I was like, you
know what, I gotta go back. I gotta leave because I'm.

Speaker 2 (12:36):
About to think you up.

Speaker 1 (12:37):
I waved to Donald. I waved to Donald. I'm like, dude,
you can't keep It was turned into like a wrestling match.
I was like, just come back. At one point I was,
and they had that dry I used to.

Speaker 2 (12:48):
Goesh into everybody's faces.

Speaker 1 (12:54):
Then we had one friend, we had one friend that
he he was over served, and we realized we had
to get him out of there. So we had we
realized it was time to go because he was but
he was.

Speaker 2 (13:07):
He was the MVP of the of the whole situation.

Speaker 1 (13:09):
He was hilarious. Then then we once we once we
once we, uh, what do you guys? Pulled him out
of there. He was double fisting on the way out.
We pulled him out of there and brought him back
to the craps table. That was funny.

Speaker 4 (13:21):
He was.

Speaker 2 (13:22):
His whole thing was like, I don't understand. Are they
a band or are they DJs?

Speaker 1 (13:32):
Do they do?

Speaker 6 (13:36):
Laugh?

Speaker 2 (13:37):
A lot of a lot of fun and laughter, As
my wife would say, fun and I have some fun
and laughter.

Speaker 1 (13:45):
We had a sick Chinese meal at Wind la I
believe it's called the restaurant. They told me we should
be paid by We should be paid by the wind Joelle.
We need sponsorship.

Speaker 2 (13:58):
I mean, I love let's because.

Speaker 1 (14:00):
Donald and I can Donald and I can talk up
of how fun the window not only.

Speaker 2 (14:05):
Fun for one night only, it paid really well.

Speaker 1 (14:10):
Well, we can't guarantee our listeners that they'll have the
luck you got to go with Bill Lauren. We had
Bill Lawrence's Magical Fingers exactly, and I always you know,
it's funny. Crabs is more fun than Blackcheck. I think
just because Blackchack. I just feel like I always lose.
It's just the whole time. No, you get twenty one
and then you're like so excited.

Speaker 2 (14:29):
And the dealer gets twenty one, and the push.

Speaker 1 (14:31):
Then the dealer gets twenty one. It just always seems
like win.

Speaker 3 (14:35):
The dealer will have. Like if I get a twelve,
I usually lose. The dealer gets twelve and gets twenty one.
I'm like, what the fuck is going on here?

Speaker 5 (14:43):
Man?

Speaker 2 (14:43):
How is this consistently happening?

Speaker 1 (14:46):
I know with this one woman she said, I love Scrubs.
I used to watch it when I was ten.

Speaker 2 (14:54):
We were like, no, She watched it and reruns when
she was.

Speaker 1 (14:56):
Ten, reruns when she was ten. Oh no, she said,
y'all do a reboot. We said we might. She goes,
is the blonde girl coming back? We're like, we'll see,
we'll see, I'll see. We laughed so hard, right.

Speaker 2 (15:15):
Listen, I'm not gonna lie. Man. It was it was
one for the books. It was one for the books,
for sure.

Speaker 1 (15:22):
Yeah, for sure.

Speaker 3 (15:24):
And I appreciated it too, you know, and I needed it,
you know for you know, for distraction reasons and everything.
You know, I've been really really down on not down
on myself, but you know, I turned fifty and this
ship is like it's a it's a new life experience.

Speaker 4 (15:40):
You know.

Speaker 2 (15:40):
It's like.

Speaker 3 (15:42):
You try to fight I'm halfway to the grave. You
try to fight that thought, you know what I mean.
And this was a moment where I just forgot about
everything and it felt so good just to forget about
everything for a little bit, you know what I mean.

Speaker 2 (15:55):
And I had a great time.

Speaker 1 (15:58):
I think the lesson is that you should let me
take you on more.

Speaker 3 (16:01):
Well, you know, we said we were going to do
it quarterly, so I can't wait for the next one.

Speaker 1 (16:06):
Well all right, So if you're wondering why my voice
is like that, it's because I was singing.

Speaker 3 (16:09):
And you know, you were screaming because we were winning
at Craps. That's why your voice is like.

Speaker 1 (16:14):
I was screaming because we were winning at Craps. And
also I was doing multiple sing alongs with Andrew Watta
on guitar and in the clerb I was going.

Speaker 2 (16:26):
Nuts. What is this? What is it? B DM. What
is BDM? Is that it?

Speaker 1 (16:31):
It's b D s M, b D s M.

Speaker 2 (16:34):
What is that?

Speaker 1 (16:36):
That's why our voices heard we did.

Speaker 2 (16:38):
We were listening to bds.

Speaker 1 (16:41):
Yes, that's why our voices. Oh boy, Scott Galloway's here.
You know, he's a very fancy guest. We're so lucky
to have him. He spits knowledge like nobody I know,
most impressive knowledge too.

Speaker 4 (16:57):
Bro.

Speaker 1 (16:58):
I asked Joel Joelle to get him force and he's
a very hard get because everybody wants to have him
on their podcast, and he said yes to us. We're
very honored. Dane stories.

Speaker 2 (17:10):
I'm not sure we made about a bunch of.

Speaker 6 (17:14):
Dogs and nurses and.

Speaker 4 (17:17):
You said, he's a story.

Speaker 2 (17:22):
So yetta ra here, yeada here.

Speaker 4 (17:28):
Wi everybody there is is what a thrill?

Speaker 2 (17:36):
Yeah?

Speaker 3 (17:36):
You know, I'm gonna say something to you, but Jack
has a question locking locked and loaded.

Speaker 2 (17:41):
But you seem so even Keel. No matter what, Bro,
what a thrill. I love it.

Speaker 1 (17:51):
I love your demeanor, Bro, Thanks man, it's mostly drugs. Okay, Well,
thank you so much, uh Scott for coming on. I
I I the algorithms have figured out how much I
love you because most of my feed is is you
spinning wisdom all over the place. And I know that
you have a lot of requests to be on a

(18:12):
lot of podcasts. Thank you very honor for having on.

Speaker 4 (18:15):
It's great to be here.

Speaker 1 (18:16):
It's great to have you, man. I I wanted to
there's so many questions to ask you. I know we
have you for a limited time, but we are we do.
We do call ourselves fake doctors, real friends. Coming off
of the show, we do try and talk about mental
health and and and we had the Surgeon General on
who was talking about awareness.

Speaker 4 (18:36):
It's fantastic, he's incredible.

Speaker 1 (18:38):
I wanted to start off talking about some in the
area of young men and what they're facing today, the challenges.
You've spoken beautifully on this before, and I just wanted
to think, what what how do you think, what what
pivots can we make because was sort of talking about
the crisis. What sort of changes do you think can

(18:59):
be made in society to support men's health and well
being because it does seem to be a particular crisis
with young men today in society.

Speaker 4 (19:08):
Well, it's great to be with you, guys, and I
appreciate you bringing sunshine or sunlight to the topic. So
I'm not a doctor, but I love data, and the
data is just overwhelming, and that is men are three
times as likely or excuse me, four times as likely
to kill themselves. If you're in a Morgan there's five
people who have died by suicide. Four of them are men.

(19:29):
And if it was any other special interest group that
was committing them committing suicide at four times the rate.
Excuse me, So say dying by suicide, we'd move in
with programs. But because of the two thousand year head
start people who look and smell and feel like me
have had. There's just a lack of empathy because people
see empathy as a zero sum game, and that is correctly.

(19:52):
There's a gag reflex. When you start talking about the
problems of interfacing, you come across as anti women. And
one of the key things moving to solutions is we
have to recognize and empathies not as zero some games.
Civil rights didn't hurt white people, it helped white people.
Gay marriage didn't hurt heteronormative marriage. And we aren't going
to have women and the country are not going to

(20:14):
flourish if men are floundering. Three times is likely to
be addicted twelve times is likely to be incarcerated. We
don't have a homeless opioid and suicide problem. We have
a male homeless, male opiate and male suicide problem. Men
within two years of their divorce become eight times more
likely to kill themselves. So there is real there are

(20:38):
real issues here. One in five men at the age
of thirty are living with their parents. One in three
men has a girlfriend under the age of thirty two,
and three women under the age of thirty. I think, well,
that's mathematically impossible. It's not because women are dating older.
Because women want more economically and emotionally viable men and
they're not finding them. How many times have you heard

(20:58):
I have all these wonderful women in my universe, smart, attractive,
shit together, but they can't find men. No, they can
find men. They just can't find any men they want
a date. We're producing the most anxious, insecure, economically and
emotionally unviable, obese, anxious generation of men in history, or
at least in our country. And you know, we also

(21:21):
need to feel okay about celebrating young men. Young men
have fought and won the most consequential.

Speaker 1 (21:28):
Wars in history.

Speaker 4 (21:30):
Young men have built some of the most amazing things
in our nation that we're really proud of or outside
of the nation, whether it's the Panama Canala of the
Empire state building. It's okay to fall back in love
with the notion of a strong young American man. And
on the far right they tell men to be cruel
and course and to be like misogynists. That's not the answer.

(21:53):
And on the far left we tell men the answers,
act more like a woman. I don't think that's the
answer either. So a movement to solutions one just biologically,
young men mature at a slower rate. Literally, their prefrontal
cortex is eighteen months behind a woman's. I would say
as a father, my role is I'm a prefrontal cortex.

(22:15):
I walk them through decisions like they're supposed to make
with their executive functions of their brain. We need to.
I would like to see us red shirt kindergarteners, and
that is boys star at kindergarten at six, girls at five.
If you have a time to cut you off.

Speaker 3 (22:32):
I think they do that already in California in the
private schools. So girls in knat's right, Yeah, Okay.

Speaker 4 (22:39):
Well, rich people have this trick. They lie about their
son's age and they hold them back. When I grew
up in the space race, where everyone thought, oh, the
key is to produce super talented young men who will
beat the Russians, and so everyone was always trying to
get me to skip a grade. I showed up at
college when I was seventeen, and I was just too
immature to handle alcohol and women and the responsibility. Being

(23:00):
away from m was a disaster for me. So now
everyone is trying to hold their boys back, and you
have to show up at a lot of schools with
a birth certificate because people are lying about their boys
to try and get their all. In all that, the
youngest boy in a class is more likely to be depressed.
He's physically smaller, he's more immature, he's more likely.

Speaker 1 (23:18):
To be bullied.

Speaker 4 (23:19):
So people have caught on. I'm saying, let's formalize it.
Kindergarten start a six year old for boys, five year
old for girls. More men in primary school education. Seventy
to eighty percent of primary school teachers are women. There
are more per capita female fighter pilots than male kindergarten teachers.
And who is a female teacher going to champion. She's

(23:41):
going to champion people who remind herself of her and
that's natural. A boy is, on a behavioral adjusted basis,
twice as likely to be suspended for the exact same
behavior as a girl. A black boy five times is
likely to be suspended for the exact same infraction. And
think about what we want from our kids in primary school.

(24:03):
Sit still, be organized, be a pleaser. Raise your hand
you describe a girl when there's boys only schools, they
end up with twice the amount of recess time. They
award aggression or more what a call initiation, more physicality.
So we have an education system that's biased against boys

(24:24):
going further in education. If you're a university like mine NYU,
and you have an endowment over a billion dollars and
you're not growing your freshman class faster than population, you
should lose your tax re status because you're no longer
a public servant. You're a hedge fund offering classes. We
need a ton more vocational programs. Remember wood shop, autoshop,
and metal shop.

Speaker 3 (24:46):
All gone disappeared on high school for me because I
had it in JUNI I had it in elementary school.

Speaker 2 (24:53):
As a matter of fact, by junior high school. All
of that was gone.

Speaker 4 (24:58):
Because we all knew that guy who was never going
to go to college, but he could fix a car,
he was good with his hands. He was the guy
that was they could come over and build the actual treehouse,
like actually knew how to build it. There used to
be an on ramp into an American middle class for
that guy, and now it's no longer there.

Speaker 1 (25:15):
Why did they get rid of it? I mean, is
this budget cuts? I understand.

Speaker 4 (25:18):
I think we became in love with technology and computer science,
so we replace civics and wood shop with computer science,
and that's why we have Mark Zuckerberg. But there's been
a deemphasizing of kind of those what i'll call more
male oriented on ramps into trade, so a lot more
vocational program Eleven percent of LinkedIn profiles in the YUKN,
Germany the title is apprentice. It's three percent in the US.

(25:42):
Where do you go? It's as parents. If our kids
don't get into college, they failed. Have you been to
those parties with us like gosh, oh, Bobby dropped out
of Rutgers. He's home. Everyone's failed. The family needs to
be shamed. Everyone's failed. Two thirds of American kids are
not going to get a college, a traditional college, agree
some more vocational programming. I think we did need expand

(26:03):
a child tax credit. I think we need to stop
this economic transfer of wealth from young to old. The
average seven year old is seventy two percent wealthier than
they were forty years ago. The average person under the
age of forty is twenty four percent less wealthy. Sixty
percent of people aged thirty to thirty four forty years
ago used to have a kid in their house. Now
it's twenty seven percent. Not because people decided they don't
want kids, they can't find someone to mate with, and

(26:23):
they don't have the money.

Speaker 1 (26:25):
Yeah.

Speaker 4 (26:25):
So I'm you know, I got a stack of things
I think we could do. I think most of them
should be focused on young people, not on men, because
I think it'll be politicized. But I think young people
a reinvestment in young people to lift them up. What
are the two biggest tax deductions Mortgage interest rate and
capital guients who owns homes and socks people my age

(26:46):
who makes their money from current income and rents Joelle
and yeah, danel So why do I get all the
tax brates the incumbents and the wealthy have weaponized the
tax code to transfer wealth from young to old, and
it's been disproportionately impactful on young men, who, quite frankly,
we don't like to have an honest conversation around mating.

(27:07):
If a guy, if a woman is economic, women made
socioeconomically horizontally enup men horizontally and down. If a guy's
not economically viable, he's not going to form a family,
he's not going to have romantic relationships. And unfortunately for men,
they come off the rails without the guardrails of a
romantic relationship. They stop showering, they start demonizing people, the
more prone to misogynistic content, They don't believe in climate change,

(27:29):
and someday become really shitty citizens. Whereas when women don't
have a relationship, they tend to do a better job
of maintaining their social network. They pour some of that
love and that energy into their work and into their
existing friendships. Men without the prospect of a romantic relationship
or quite frankly, sex kind of come off the tracks.
And it was I think there's a ton of things

(27:50):
we could do. I think we fuck this up. We
can unfuck it.

Speaker 2 (27:56):
Let's take a break.

Speaker 1 (27:56):
We'll be right back after these fine words. What percentage
of that falls upon this rise of of of social
media and the suckerberg of all people just as a
as an archetype, do do you? Is it correct to

(28:19):
blame a certain percentage of this on everyone just moving
to staring at their screens all day?

Speaker 4 (28:25):
Oh, it's been the chaser. It hasn't helped. It's been
very hard on girls. I mean, think about Instagram. It's
the fakest Instagram.

Speaker 2 (28:34):
Sorry, Professor G, but it's the fakest shit ever.

Speaker 3 (28:37):
Man.

Speaker 2 (28:37):
Nobody's real on that thing.

Speaker 3 (28:39):
You can't find a real thing on that And and
I fell victim to it early too, where I was like,
I don't have enough. We said it on the freaking
I'm sorry to cut you off, but we said it
on the podcast. I need more followers.

Speaker 2 (28:50):
I'm not. I don't have enough followers.

Speaker 3 (28:51):
I don't have more followers than zech who gives a shit, dude,
it's not.

Speaker 1 (28:56):
But also you're a you're an adult male. I mean,
what I assume he's about to say is do you
know what this is doing to teen and preteen girls? Minds?
It's we at least can call it out and go Okay,
are you really seriously depressed right now because so and
so is in Europe on a boat and you're sitting
on your couch. We at least can laugh at ourselves.

(29:17):
The young minds are are being so screwed.

Speaker 3 (29:22):
It is correct, but it's a false sense of wealth
and it's a false sense of happiness when you watch
that shit and all these people think I need to
do that to be happy, and it's like, no, dude,
that is not the answer. You're not gonna be happy.
I mean, I might be happy on a boat in
the middle of you know, Central Peig. Yeah, sure, but
you're not. That's not gonna That's not gonna make me

(29:44):
have a great life because I'm doing that.

Speaker 1 (29:46):
It's the constant comparison of yourself to somebody.

Speaker 4 (29:49):
Yeah, there's two types of porn. I think Instagram is
essentially a porn site, And there's two types of porn.
There's wealth porn where I'm trying to shove my foe
oftentimes fake. By the way, anyone who's really wealthy doesn't
go on answer to talk about their wealth. You know,
if you're taking pictures of a jet, it means it
isn't yours. And right, so they're shoving your success in

(30:12):
other people's face, and they're not inspired by it. They
just feel worse about themselves. And then there's actual porn,
and that is the algorithm sexualize young girls. And think
about just how fucking perverted Instagram is. I'm going to
use an algorithm to encourage a fifteen year old to
dress more and more provocatively such that strange men from

(30:33):
around the world and her peers can comment on her looks.
That is just so wrong and so weird. And then
the algorithms also love rage. I'm in marketing and we
thought from forty five to ninety five, we thought sex sells.
Show an aspirational vision of sexual attractiveness and attach it

(30:53):
to a beer product that sells. What we found is
there's something that sells more than sex, and that's rage.
Try and get people to start arguing each other, Zach,
your last movie sucked. Donald, You're not living up to
your obligations as a black man. No one would ever
say that shit to you in person. But they want
you to fight. They want you to start ship posting

(31:16):
each other, and the algorithms love that because then it
gets more comments, more Nissan ads, more shareholder values. So
you have these algorithms that are training everyone to be coarse,
less empathetic, sexualize yourself. If you're a young girl and
if you're a young man, you can go down these
rabbit holes and maybe you can't find a date. Well,

(31:36):
there's a bunch of there's a bunch of groups on
discord and Reddit that will tell you it's women's fault.
It's not your fault, it's their fault. It's immigrants who
are taking your job right. And so in addition to
top it all off, and I see this with my
son who's fourteen, as his brain is being wired, it's

(31:59):
being wired to have a DOPA bag that he can
squeeze whenever he wants right, And I think of our
jobs as parents as what I call slopa to try
and convince him to get the immense DOPA hit you
get when you study hard and you get an A
in biology. That's like hugely rewarding to save some money,
to work, save some money, and then you have a

(32:20):
little bit of money to go to college. That felt
really good for me when I went to UCLA. That's
slow dopa. But unfortunately they have this casino porn site
ipick theater slot machine in their pocket at the age
of thirteen or fourteen, and just as their brain is
being wired, they're learning I need dopa now, I need

(32:42):
dope out and I see with my kid, my kid good,
I'm not proud of this. My kid will go into
the bathroom of his phone so we can be on
TikTok and he won't come out. He'll pretend that he's
in there for an hour and he'll scream, I need privacy,
and I'm like, you're on TikTok. You're not fooling anybody.
And then when he gets out of there and we
take the phone away, he so badly needs a reaction
and more dopa. He starts acting out and being a real,
really really good this is this is.

Speaker 3 (33:05):
Oh my god, and it's YouTube and it's because we
don't have TikTok. So they found YouTube, and now YouTube
places TikTok videos right, And I can't get my kids
to sit down to watch a movie anymore because it's
too long pretty much, you.

Speaker 4 (33:22):
Know what I mean?

Speaker 3 (33:23):
That shows that are like ten minutes. That's about enough
time for them to say, Okay, I like that show,
Let's go to the next.

Speaker 2 (33:30):
What's next? But if a movie it's two.

Speaker 3 (33:32):
And a half hours, they start, they can't make it through.
I want to go do something else I want to do,
you know what I mean? The only way it works
is if you take them to the movies and it's
like a second.

Speaker 4 (33:44):
You're so right down. The last weekend, I said, I
just want you guys to watch some movies I loved
growing up. So I said, we're gonna watch these two
movies this weekend, Breaking Away and Cinema Paradise. So I'm like,
I love these movies and I want you to watch
them with me. Kids couldn't make it. They've lasted forty minutes.
That was it. That's it. They couldn't get through it.

Speaker 3 (34:01):
It's the worst feeling ever too, because you feel like,
as a father or as a parent, I'm failing my kid,
you know what I mean. I'm definitely failing my kid
because my kid not only does my kid all of
a sudden turn into this monster after we take the
screens away, you know what I mean. I don't necessarily
know how to combat that either, man, because I'm no
one that did it to them by giving Scott.

Speaker 4 (34:23):
We're all addicted to our screens. So we get him
their screen so we can go back to ours.

Speaker 1 (34:28):
Scott. Do you there was this excuse me, movement to
almost ban TikTok, I assume because it's it's owned by
the Chinese government or controlled by the Chinese government. And
I actually thought that was going to happen for a second.
Not that these companies will self regulate, but do you
think there's any world where they're more responsible for not

(34:52):
allowing people under sixteen to be on them in some way?

Speaker 4 (34:56):
No. We keep hoping that they're better angels A to
show up and we it just doesn't happen. They're doing
their job, We're not doing ours. Their job is to
make money.

Speaker 2 (35:07):
And you know, the.

Speaker 4 (35:09):
Cigarette guys stood in front of Congress and raised their
right hand and said, I don't believe nicotine is addictive.
When you are paid not to understand something, you'll get
really good and not understanding. And so when you're making
billions of dollars and having billions of impressions from young
people and rage and divisive content, you're going to find

(35:30):
reasons to not understand what's actually going on. We've had
forty congressional hearings on child safety and social media we've
had zero loss past. We have never had an industry
this big and this powerful that has no regulation at all.
There's more regulation in the mic you guys are speaking
into than all of social media if there was any.
Twenty four percent studiers came out. Two thirds of kids

(35:52):
are on Instagram. Twenty four percent of them technically qualify
as addicted. What substance or content would we like twenty
four percent of our youth be addicted to and not
move in And they weaponize. They go they're very smart.
They go on meeting and say we're open to regulation,
and I have children. First off, most of them don't
let their children have smartphones. And two, they have an

(36:14):
army of lawyers getting in the way of any regulation.
Amazon has more full time lobbyists living in DC than
there are sitting US senators. And it's happening again with AI.

Speaker 5 (36:24):
We hear the hush tones of Sam Altman. He's very
concerned about AI and it's potential problems, and then he
deploys an army of lobbyists to make sure there's no regulation.

Speaker 4 (36:35):
So these guys are doing their job, and it's mostly guys.
They're making money, and that's an important part of the
capitalist economy so we can have taxes and pay for
our navy and pay for food Stamp. They are doing
their job, We're not doing ours. In every other industry.
We have elected people who are supposed to prevent a
tragedy the Commons and pass laws. There's no reason any
kid should be on social media under the age of sixteen,

(36:56):
and we ask them to self regulate an age gate.
We hoping Tim Cook wakes up and decides he should
not let anyone have an iPhone until they're sixteen. It's
not going to happen.

Speaker 1 (37:06):
We need laws. Do you think it's because I'm sorry,
rupt do you think it's because of the age of
of of Congress? Would a younger I mean, I know,
I know this. I don't know this is going to
happen because they all seem to be skewed, so so old.
But they never whenever I watch those hearings, they never
seem to know what.

Speaker 2 (37:24):
The physical is, no clue of what's going on.

Speaker 1 (37:27):
It reminds me of that that senator back in the day.
He was like, the Internet is a series of tubes
and trying to describe the Internet, and I wonder, do
you do you think that would help if I mean,
are they just clueless or are they paid off?

Speaker 4 (37:43):
Yes, yeah, no doubt, no doubt of the average no doubt.
The average age of Americans is thirty eight. The average
age of our elected representatives is sixty two. Are our
top leaders are across between the whing dead and the
golden girls? I mean, think about this. Are the Speaker

(38:04):
of the House, who's an incredibly impressive woman. When she
had a first kid, Castro had just declared martial law
and two thirds of households did not have color TVs.
But she's supposed to understand the challenges facing a single
mother in her twenties. She's supposed to understand a young
man who's addicted to gambling and now trading crypto on coinbase.

(38:25):
So I'm not suggesting we can't benefit from older politicians,
but for God's sakes, it's like, you know, we need
more youth.

Speaker 2 (38:33):
But not crazy youth either though, because somebody's youth.

Speaker 3 (38:36):
The youthful politicians get in there and they're so fucking
far on one side or so fucking far on the
other side that they're that they're uh that their ideas
and their policies.

Speaker 2 (38:47):
As an adult, I can't allow.

Speaker 1 (38:50):
Those are the loud ones I think getting getting the
most attention because they've marshaled these these social media devices,
like he's saying, rage bait. They know, they know how
to get the attention. Whereas there is there is a
world out there where there's some you know, centered centrist
young politicians who could help, you know, maybe make Congress.

(39:11):
Not the Golden Girls.

Speaker 4 (39:12):
Well, you have the squad, and then you have Marjorie
Taylor Green and I forget the name. Who's the wrestler, right,
Matt Gate, Matt Gate, not mad He's not a wrestler.
That guy's that guy's that guy's beer battered, he's not
in good shape. But what we have is, because of
jerrymandering and because of money, we no longer on politicians

(39:35):
or lawmakers. We have performers. And that is if Marjorie
Taylor Green goes on and says that it's Jewish space
lasers or or that, or that these people are acting
like you know, Jew's not. I mean, she says to
us some seniory things. But TikTok takes it and loves it.
And there's there's an element of the far right that
likes that likes her calling out the other side. They're

(39:58):
not there. They don't want lawmaking. They want someone to
tickle their censors and make them feel good about making
the other side look really bad, and they go on
TikTok and then they raise a lot of money through
small dollar donations, and then they get re elected. And
most of these folks have never passed you know, many
of them have never passed a goddamn law. They don't.

Speaker 1 (40:15):
They allowed me pro wrestling. It's like you remember when
the remember of the pro wrestlers used to do the
interview before the match and they're like, I'm.

Speaker 3 (40:21):
Mongster and I'm gonna put you in a show cold
with these pythons.

Speaker 1 (40:26):
Right, that's kind of like what I see. Those those
all those all those extreme politicians on both sides who
try to get the most attention. It's like they say
outrageous things to like you say, get small dollar donations
and can't be defeated. Right.

Speaker 4 (40:42):
Yeah, it's like there's jerry mandering. I mean, here's the thing.
We now have minority rule. The majority of Americans believe
in bodily autonomy. The majority of Americans believe in some
sort of gun control, but twenty percent of our population
as eighty percent of our senators. And because politicians like
to be reelected, they've gone through and redrawn the maps
and they've turned everything hard blue or hard right. So

(41:04):
the general election means nothing. It's all about the primary.
So when the general election is the Republican or the
Democratic primary, depending on whether your dictritus hard blue or
hard read, all we're doing is sending fucking crazies from
the left and the right because the primary is all
about who can be more conservative, who can be more progressive,

(41:25):
And there's no way for moderates to get elected, So
we just don't have a representative electorate.

Speaker 2 (41:31):
Now.

Speaker 4 (41:31):
The majority of people are somewhere in the middle. The
majority of people are like, okay, bodily autonomy, Yeah, people
need access to family planning. Does that mean you should
be able to have an abortion in your third trimester?
Maybe not? Okay, but that doesn't happen. But let's have
a conversation about.

Speaker 1 (41:47):
It should be.

Speaker 4 (41:48):
I mean, most people can come to some sort of consensus.
Should you have the right to bear arms? Yeah, but
should you be able to pass a mental health check?
Should you have a registration? Should you be occasionally visit
by a local official. I mean in England there was
a mass shooting and I think it was done Blane seventeen.
Just awful, right, and within a week the MPs passed

(42:11):
legislation to a band assault rifles. The same thing happened
in a mass shooting after mass shooting in Australia. Seems
pretty reasonable, and since then there's been no mass shootings.
It's like, we claim that we have this unique problem
that's unsolvable and the only country that has it. I'm
living in London and one of the things I love
about living there free gift with purchase, bodily autonomy, trans
rites guns, right, They're not even conversations.

Speaker 2 (42:34):
It's just a way of life.

Speaker 4 (42:35):
It's like it's just okay, should trans issues dominate the
political discourse? Do people have to have third bathrooms in
every organization? No, we're not going to let it dictate
our politics. But at the same time, leaving the fuck alone, like, okay,
why do you need We're not going to demonize them,
just leave them alone. There's just things have gotten so

(42:56):
I think the biggest threat in America, I'm really going
on script now, it's not income inequality, it's not climate change,
it's extremism, and that is the people we send to
make our laws generally can't stand each other, and their
worldview is not an American view where we want to
get along and come together. It's representing a fringe that

(43:18):
is totally out of touch with the rest of America
and just is quote unquote principled but not pragmatic. And
as a result, this is the least productive Congress we've
had in history. There are no laws, we can't even
pass a budget. The only thing they come together on
is the far left and the far right will come
together for reckless spending. You want more defense spending, and
we want to cut taxes. You want more social serious services.

(43:40):
I know, let's just run up young people's credit card
and spend seven trillion dollars in five trillion bipartisan reckless spending.
Whenever the far left and the far right agree on something,
you know, it's a really shitty idea, and they do
come together around stuff. But the polarization of our society,
largely driven by our rage people have been totally forgotten,

(44:01):
left behind, the jerrymandering, money and politics, and then social
media that rewards that polarization. There really isn't you know,
go on, go on someone's Twitter feed and say that's
a thoughtful comment. I need to think this through. That
doesn't get a lot of likes. No, that's not it's
it's amazing, it's amazing.

Speaker 1 (44:22):
It's you know, I went on I'm off Twitter now
just because I just can't believe that is rage.

Speaker 2 (44:28):
That is rage, rage, range cage rage.

Speaker 1 (44:31):
It's it's just crazy. It's like it's like a steel
cage match. But it is funny every once in a
while to lurk and see exactly what you're saying there.
It's an it's like who can out snark anyone? If
you do happen to stumble across a picture of like
look at this beautiful flower, people are like, you know
that that particular breed of a strain of flower is

(44:52):
ruining this bugs existence and it should be. I mean,
you can't find it's just a steel cage match at
all times. I mean Twitter has become like the most
i mean extreme version of that in my.

Speaker 4 (45:04):
Perfect Yeah, I'm off of it. Yeah, I got off
of it long ago.

Speaker 2 (45:07):
I don't even have an for it anymore.

Speaker 4 (45:10):
Technically, when you become, you become, you become where you
spend your time, and I noticed I was becoming terse,
looking for opportunities to make people look stupid.

Speaker 2 (45:21):
I like Twitter.

Speaker 4 (45:22):
I would wait till someone said something indelicate or in
our full and way in and I got my guardians
at gotcha pin right, and I got to I got
to see the moral high ground because I was right.

Speaker 1 (45:32):
And what you said was stupid.

Speaker 4 (45:33):
And then I realized I am becoming an asshole, and
I just got off of it and said, I don't
need to be in everybody's up, in everyone's grill and
saying provocative things just to get more likes. And and
I'm naturally I struggle with anger and depression, and I'm like,
I've found too many people like me on.

Speaker 1 (45:50):
Twitter, and I thought, agreed, That's why I got off
of it too.

Speaker 4 (45:55):
This is not the gang I need to be a
part of. Right, So I'm off that. I don't like
the way the owner acquits himself, but you have to.
But like you said, I can modulate it. I don't
know if my fourteen and seventeen year olds can modulate.
When we look back on this time, Donald and Zach,
we're gonna regret what we did. We're regret the weaponization

(46:15):
of our elections. We're gonna regret the coursening of our discourse.
We're gonna regret the income inequality. But more than anything,
we're going to go, how did we let this happen
to our kids? That'll be our biggest regret.

Speaker 2 (46:26):
Let's take a break.

Speaker 1 (46:26):
We'll be right back after these fine words. There's a
parent's plenty of parents listening. Can you just give them
advice on that? I know somebody, especially parents you haven't
don't don't yet have kids addicted to it? Who are who?
It would be hard if you've got young children, is

(46:48):
your advice to keep them off social media till they're sixteen?

Speaker 4 (46:52):
Well, first, I just want to acknowledge that anyone who
says it's a parenting problem doesn't have kids, because you know,
I wrote, I've written books on big tech. I speak
a lot about it, supposely knowledgeable about it. My son
struggled with the vice addiction. Hands down the number one
source of tension and anxiety in my household. And this

(47:14):
is somewhat of a story of privilege. Is that damn phone.
It is fifty percent of the arguments between my kids
and me, between my wife and me, are about that
fucking phone and its relationship with our kids. And the
problem is the collective problem, and that is, if you
don't ban it for all sixteen year olds, your kid's

(47:36):
going to be more depressed. And there's research on this
because he or she will be ostracized from their friends
because this is how they communicate, this is how they
get their homework. So unless we have collective action where
schools banned phones and social media's outlawed for people under
the age of sixteen, I think the best you can
do is modulate it. There are parental tools that the

(47:56):
platforms make purposely exceptionally tofficult because they don't want you
to use them. They want to pretend to have them.
They want to say we have them.

Speaker 1 (48:04):
Go on.

Speaker 4 (48:05):
Unless you have a master's and computer science from MIT
and you know ux design, can you actually figure out
how to use these things? But there are tricks. If
you put all your kids on the same phone plan,
you can shut off there they're wireless. Like when I
really want to go gangster, I shut off their wireless
from their phone, and all of a sudden they become very,

(48:25):
very they become wonderful children until I turn.

Speaker 2 (48:28):
It back exactly that's the best. It's the best.

Speaker 3 (48:32):
Well, look when we and I find myself bartering and
negotiating with my kids over it, and it's the worst
thing ever. Like, you're absolutely right, you know, maybe there
is something in this I like, you know, to collect
data for myself, because everything that you said just.

Speaker 2 (48:50):
Now, Scott is absolutely true.

Speaker 3 (48:54):
My wife and I argue about we don't argue about
shit that other I mean the ship that they argue
about in the movies. We argue about the phone and
what it's doing to our kid. And my argument is, well,
let's just take it away. And then she's like, but
they're our friends and all they're so and it just
goes and you talk in circles about it too, because

(49:16):
you hear the other person's argument in the situation and
you agree with a lot of it, but some of
that shit doesn't necessarily apply to your kid, Like there's
just it's just it's it's it's a it's a it's.

Speaker 2 (49:29):
The worst thing.

Speaker 3 (49:30):
I feel personally, the worst thing that ever existed created
was the Internet. And when I look at it, it's
great for information for me and it's great to find
the information, but all it's doing is make it to me,
it's making my kid not necessarily smarter. My kids don't
necessarily have normal conversations anymore. They talk like the fucking

(49:51):
characters in their uh in their on their screen. And
it's like I can't take them off of it because
I'm addicted to it as well, you know what I mean.
And so it's like, who am I to take it
from you? It's just and it's a circular conversation that
consistently goes like this, and I fuck, I can't stand it.

Speaker 2 (50:10):
It's the worst.

Speaker 3 (50:11):
It's the worst feeling to think I'm failing my child
because because of what I've because of something I've done,
and I can't control what I did because I need
it too.

Speaker 1 (50:24):
Well.

Speaker 4 (50:24):
There's so I do believe that if we had a
red button to push. Do you remember that that Twilight sound?
They did a remake of it in the nineties where
this family was the guy who was in a great
movie called May Not Express. He shows up and him
and his wife was straggling with money, and this guy
shows him and says, if you press this button, someone
you'll never know or never meet will die and you

(50:45):
get ten thousand bucks. And then at the end of
that they press it, they get the ten thousand bucks.
The guy shows up and takes the box and says,
where are you taking the box, and said, we're going
to deliver to someone you'll never know, and we'll never
know you. And if you had that red button and
you could press and all of the Internet would go away,
I don't think we'd press it. I think that we're
net gainers on the whole from technology.

Speaker 2 (51:07):
Now.

Speaker 4 (51:07):
The problem is with the word net. We're net in
my belief, in my view, we're net gainers from fossil fuels,
but we still have emission standards. We're net. We're net
gainers from pesticides, but we still have an FDA. We're net.
Social media there's a lot of good on it. TikTok
has a lot interesting videos. Email my phone.

Speaker 2 (51:31):
Kids there you go.

Speaker 4 (51:33):
The kids who work for me at Propercy Media. They're
warriors with better weapons than I ever had. They're more productive,
they're making more money, they're growing the economy. These things
create shareholder wealth, they create great jobs.

Speaker 5 (51:44):
You know, I.

Speaker 4 (51:47):
My son is raising money on TikTok and learning AI
so we can go to you know, go to Rwanda
and build a school. There's some amazing on a net basis.
We're beneficiaries and big tech, but that doesn't mean we
shouldn't regulate it. That doesn't mean we should say, Okay,
if you're spreading misinformation and you know you're spreading misinformation
or disinformation, and kids start killing themselves because your algorithm

(52:11):
will since they're having suicidal ideation, and start sending them
emails saying here's some images on suicide.

Speaker 1 (52:16):
You might like.

Speaker 4 (52:17):
There should be a world of hurt for those executives.
Somebody needs to show up in an orange jumpsuit. So
I would argue we're net gainers, but we have to
have some regulation, and we have to have thoughtful, younger
people who understand this technology making laws, but waiting for
their better And this comes back to your questions, Ach,

(52:38):
waiting for the better angels of Mark Zuckerberg to show up.
Don't hold your breath. These people are doing their job.
We're not doing ours, and that is to elect people
who will prevent a tragedy of commons and think long term,
understand these technologies, and create laws that make us make
it easier for us as parents and as citizens.

Speaker 2 (52:58):
I want to ask this question.

Speaker 3 (53:00):
It moved me when I heard you say it, because
all it did was make me think about my wife
and how wonderful she is and how supportive she is
of my career. And then when the highs are up there,
oh my god, it feels so good to be able
to share that with her. But you said something about
how the most important decision we make in our lives

(53:20):
is who we choose to have as a spouse is
because you know, you experience, you experience something together and
the feel of love, and you know, even the feel
of sorrow if you have somebody there to support you,
or you can support somebody. There's that dopamine that you
were talking about earlier, you know what I mean. Can

(53:40):
you just comment on that, please, because it's something that's
so fucking amazing. I think a lot of people need
to hear this.

Speaker 4 (53:47):
Yeah, but let me start off by saying, I don't
think you have to have a romantic relationship for Mary.

Speaker 1 (53:53):
To be happy.

Speaker 4 (53:53):
I know a lot of people who are very happy
without that. They find other places to give and receive love,
especially women, men, men without romantic partnership. I have a
really tough time now having said that the context I
was saying that in was economically. The majority of wealthy
people have built their wealth with a partner, and because
the team is just so powerful, both in terms of

(54:14):
your ability to share expenses, be supportive of each other,
be a trusted advisor. And you know, I didn't want
to get married, I didn't want to have kids. I
loved living in New York, having a little bit of
economic security. I just like, I'm like, why would I
ever give this? I'm going to ride this whole single
dude with the perception of wealth thing out. I was
really enjoying it, and.

Speaker 1 (54:37):
I'm I'm still riding it.

Speaker 4 (54:38):
Part You're still there, Yeah, yeah, I think, yeah, if
I could just be for one week and a month.

Speaker 1 (54:43):
And it'll be great.

Speaker 4 (54:44):
So, but on the whole, on the whole, if you
look at happiness, the majority of happy, really happy people
are in something resembling a monogamous, committed relationship. Now what
I have I see across my friends. I have friends
who are hugely successful across all dimensions, but they don't
have a partnership with their partner, and there's just a

(55:07):
level of anxiety and stress in everything in their life.
And then I have other friends who are you know,
they do fine, that they're not what you call ballers
or from an experior perspective, that's successful. But everything burns
a little brighter because they have a great partner, the
most important decision to make, and unfortunately, a lot of
times it's out of your control because who they evolve
into and how If you want to be economically successful

(55:31):
and happy, you're going to have to bring generosity and
forgiveness to a relationship, and you're going to also have
to put away to score a card and just decide
what kind of friend, what kind of sun, what kind
of husband do I want to be? Because you will
always inflate your own contribution to the relationship and diminish theirs,
and you end up when you keep score, you end
up upset and angry and end up injecting bullshit into
the relationship where it doesn't belong. But if you can

(55:52):
figure out a way to find a competent, loving partner
that you're attracted to and then really go all in
on it, just everything. You know, I love having kids,
but what's profound about it is raising kids with someone
you know I care about, I love. I've made a
lot of money, it's hugely rewarding, you know, what was
more rewarding it It was it was building economic security

(56:15):
with a partner. It was high fiving each other. Fuck,
we can buy a house. Oh my god, do you
realize how much this hotel room is costing us? Isn't
this awesome? We built this ship together. That's like, that
is so rewarding, Zach. It sounds like you will never
understand that reward.

Speaker 1 (56:30):
But I'm trying listen. I'm sitting here listening to you.
Fuck you, I'm sitting here. I'm sitting here listening, nodding,
going yeah, yeah, I want that. I want that. I
want that.

Speaker 4 (56:43):
It's a curse of good hair, a deep voice, and
a little bit of fame. Yeah, you got your Your
question isn't who to partner with, it's who not to
partner with?

Speaker 3 (56:51):
This weekend ladies, hello, can you talk about You talked
about a number and the age you were when you
with you know, your number was a million, and then
it turned to ten million.

Speaker 2 (57:03):
Then it turned into can you can you explain that also?
Because that's something also I'm trying to.

Speaker 1 (57:11):
Now you're gonna get a third question to Jesus Christ.

Speaker 2 (57:14):
We got them on the show, we might as well
ask I don't know. Okay.

Speaker 3 (57:18):
The third question is, so I agree, I feel like
I'm never going to make money just being.

Speaker 2 (57:27):
A worker at one thing. The way to expand is
to be an owner in some way?

Speaker 1 (57:35):
Right?

Speaker 3 (57:37):
What are ways for people out there who can't understand that?
What is a what is a in Layman's term? Can
you just explain that to people?

Speaker 2 (57:46):
And what you said?

Speaker 1 (57:48):
I think, yes, I help you. I think what you're
saying is, you know, one of the things that we
both commented, we said, is the difference what you articulated,
articulated in Layman's terms, the difference between just being someone
who's chronically just a worker getting a check and actually
having a chance to earn real wealth, not just a paycheck.

Speaker 4 (58:08):
Look, I think America becomes more like itself every day,
and that is it's a loving, generous place if you
have money. It's a rapacious, violent place if you don't.
I'm not talking about what America is or what America
should be. I'm talking about what America is. It's especially
important for men, and because women are disproportionally evaluated on
their looks, it's totally unfair men are disproportionally evaluated on

(58:30):
their economic viability, which is also unfair, but that's the reality.
If you're a young man, you need to have a
plan for economic security. And by the way, women are
doing a better job of that plan, and it's wonderful
and we shouldn't do anything to get in the way
of it. But too many young men don't have a
plan for how they're going to be economically viable. And
one of the things I'm in my book, I go

(58:51):
through how to develop a plan, how to think about it,
the behaviors and the strategies. But I liked having a
number because I say, Okay, a million dollar sounds like
a lot of money, but if I can save five
percent of my salary, by the way, automated savings get
it out of your hands, taken out of your check.
Ninety nine percent of us will spend all of our
money that comes to our hands because the smartest, most

(59:12):
deepest resourced people in the world are going to serve
you with opportunities two hundred times a day to upgrade
from economy to economy comfort. And why wouldn't you stay
at Lost Fontanas for the girl's weekend? And why, oh wait,
would you like to add flowerless chocolate cake? To your
order from Baltasar. You will get hit with opportunities every
day to spend everything. But if you save three to
five percent of your salary from the age of twenty two,

(59:34):
you're going to be a millionaire by the time you're
my age. And then even if it's you're in your
thirties and you haven't done that, if you can save
five to ten percent, you're going to be a millionaire.
So you want to You need a plan for economic
security rather than just hoping you're going to go double
platinum and start a big podcast or get a movie deal.
You need a plan in case you don't hit it big.
And so the answers I know how to get you rich.

(59:57):
The bad news is the answer is slowly with a
certain amount of discipline. I always had a number because
I grew up. I was raised by a single immigrant
mother who lived and died a secretary. My household income
was never over forty thousand dollars. I was like one
of three or four guys in my fraternity, and everyone
knew us. They didn't have any money. And every summer,
if I didn't make three thousand making save three thousand bucks,

(01:00:17):
I wasn't re enrolling at UCLA, and a lot of
good came from that, from grit. But when I started
my career, I didn't want to be a better person.
I didn't want to change the world. I wanted fucking money,
a lot of it. And I noticed that I had
some very shocking and roundling things happened to me. My
mom got terminally sick and I couldn't take care of
her to the extent I wanted. It was humiliating and emasculating,

(01:00:39):
and so from a very early age, I was really
economically focused and I thought, if I could get a
million dollars to'd be fine. Then I got to a
million dollars and I lived in New York. I'm like
a million dollars. I can't live in New York with
a couple of kids on a million, I mean. So
I went to ten million, and then I went bigger
than that, and I'm very open about my finances. I
passed one hundred million seven years ago. I'm hugely privileged,

(01:01:01):
hugely lucky, and by the way, I'm not humble. I'm
a fucking monster. I'm ridiculously talented and ridiculously hard working.
But I also got really lucky and appreciate the fact
that for the majority of my life, all prosperity was
crammed into this corner called white straight males. So I
appreciate that I nod to it, and I'm trying to
make sure that the drawbridge is down for other people.

(01:01:23):
But personally, once I got to that number, or seven
years ago, when I sold my last company, I'm like,
I'm gonna go raise more money and start a private
equity fund because Scott Galloway billionaire just has a nice
ring to it. I thought, I want to be a billionaire.
That shit's going to be sexy. That shit is going
to be sexy. And then I thought, okay, and then
I had a close friend pass away, and I'm like,

(01:01:45):
what do I really want in life? I want a
series of amazing experiences that make me feel closer to
the people I have relationships with. And I thought, do
I have enough money to do that? And the answer
is yes. And I thought, well, why am I going
to get back on this hamster wheel. I've been my
whole life trying to make more money at any cost,
And now what I do is the following. I have

(01:02:06):
my number, I sit down with my wealth managers at
the end of the year, they tell me what my
wealth is and what I made that year. If it's
above that number, I either spend it. I love spending money.
I'm spending money like a gangster in the fifties diagnosed
with as cancer. I love spending money, and I'm really
really good at it. And I think there's some nobility
to go to ice restaurants, go to an ice restaurants,

(01:02:28):
tip large, fly your friends to Aspen. It's a capitalist society.
It is so much money to spend money and spend
it well, and then anything above that I give away
because it makes me feel masculine, It makes me feel
like a baller. It makes me feel very American, and
that is so rewarding because I tell you I could
very easily be out of private equity firm right now,

(01:02:48):
aiming for the billionaires club, taking huge risks, having a
more strained relationship with my spouse and my kids, trying
to get to a number that makes absolutely going no
goddamn difference in the reality is and all the studies.
I'm happy to show this above a level where you
get economic security, can afford a nice home, take nice vacations,

(01:03:09):
manage a health crisis, get your kids into good schools.
And by the way, that's a shit ton of money.
But once you get to that point, anything above that
provides almost no incremental happiness. Money can value happiness. Middle
class homes are happier than lower class. Upper income homes
are happier the middle. But billionaires are no happier than millionaires.
They're no less happy. That's also a myth, but they're

(01:03:30):
no happier. So why, once you get to a place
of economic security, wouldn't you just enjoy the shit out
of spending it, deepen your relationships and start giving it away.
It is so rewarding. And it was one of the
other than other than finding my partner and deciding to
have kids, which I didn't want to do. I didn't decide,
she decided. But other than that, my approach to money

(01:03:52):
the last few years. And this is a problem of privilege.
I want to acknowledge that. But getting off the hamster wheel,
recognizing money as the ink in your pen, write different stories,
make stories burn brighter, but it's not. Your story is
so rewarding. But for me it was having a number,
and not only was it aspirational, but it told me
when to stop and flip to being more generous and

(01:04:14):
more focused on my relationship and experiences, because I would
still be on that wheel trying to get to be
in front of my name.

Speaker 2 (01:04:22):
I would.

Speaker 3 (01:04:22):
I mean, yeah, listen, I've done very well for myself
and I'm very very, very very happy with where I'm at.
I always feel like I could use a little bit more, though,
you know what I mean. I don't know if I had.
I haven't reached your number yet, but.

Speaker 2 (01:04:38):
Yet.

Speaker 3 (01:04:39):
Yeah.

Speaker 2 (01:04:39):
Yeah, But I enjoy my kids.

Speaker 3 (01:04:42):
I enjoy the One of the best feelings in my
life was recently buying a house after losing pretty much
all the money I made while making Scrubs due to
bad investments and poor business decisions, whether it be manager
or myself. I thought at one point I'll never buy

(01:05:03):
a house again.

Speaker 2 (01:05:03):
And you're right.

Speaker 3 (01:05:04):
It does feel a mask. It feels like somebody cut
my dick off. You're absolutely right.

Speaker 2 (01:05:09):
But the day I said to my wife we can
buy this house, it felt so rewarding. And you're right.
The high five was so hard.

Speaker 3 (01:05:17):
The sex was so good that night because we were
able to because she was in the struggle with it.

Speaker 4 (01:05:22):
It was a good view, Zach.

Speaker 1 (01:05:24):
It was amazing. Was I was only I was only
allowed to watch from the corner, But I bet I
did ejaculate the go.

Speaker 2 (01:05:30):
That's too much, that's too much.

Speaker 4 (01:05:34):
Here's a heurologist on TV. You can say that.

Speaker 2 (01:05:39):
But that that absolutely right, professor g.

Speaker 1 (01:05:42):
That was We got to let the professor go. We've
had him for an hour. But the latest book is
The Algebra of Wealth, a simple formula for financial security.
And you also have a couple of podcasts.

Speaker 4 (01:05:54):
You want to mention those, Scott, Yeah, to resist his
feudal I'm everywhere, Zach. I'm like aol in the nineties.
You stick your hand in a cereal box, You're gonna
pull me out?

Speaker 2 (01:06:02):
Did you just go bored with us?

Speaker 4 (01:06:04):
Just now?

Speaker 2 (01:06:05):
Persistance is futile? Is that what you just said?

Speaker 4 (01:06:08):
That's right?

Speaker 1 (01:06:09):
Soon I'm there. So what are you?

Speaker 5 (01:06:12):
You have?

Speaker 4 (01:06:12):
Two pot cropey pivot. I just launched a political podcast
with Jessica Tarlov. She's a lone Democrat on the show
The Five on Fox. And I write books. I have
a newsletter called Numerous Nomalice. So yeah, I just type in.

Speaker 1 (01:06:24):
My last thing I want to say about you is
if you if you're listening, and you only have twenty minutes.
Watch Scott Galloway's Ted Talks. Thanks, it's it's pretty incredible
and I love that. I love so many people that
do Ted Talks. You can tell they're nervous because it
is nerve wracking. You just look like you're the most baller,
badass guy. You're like, look, I'm twenty minutes, so I'm
diving right in. I got one hundred slides, let's go.

(01:06:46):
And I really enjoy I appreciate that.

Speaker 4 (01:06:51):
And you were fooled. I felt like I was going
to throw up. I was hugely nervous, but thank you.

Speaker 1 (01:06:55):
Well you held it. You held it together. Man. You know,
for those that don't know, you don't have teleprompters Ted Talk,
you do it, or you do it right, or you
fuck up. And I thought you were amazing.

Speaker 4 (01:07:03):
Thanks brother, appreciate it. Congrats on both your success and
well done guys. Thank you man, Thanks everybody.

Speaker 1 (01:07:09):
Thank you for coming on.

Speaker 3 (01:07:16):
Dude.

Speaker 1 (01:07:18):
Wow, he's so smart, yo. I just want to listen
to him talk all day long.

Speaker 2 (01:07:22):
How did we do this? How did we get him
on the show?

Speaker 1 (01:07:25):
I asked a long time ago, and I know just
from seeing him on very very very popular podcast that
that he's very hard to get. So I asked you
well to like try hard, and then she got.

Speaker 3 (01:07:36):
It was amazing, man, And I hope you guys out
there learned something today, or at least we're able to
opened your mind up a little bit, like because you know,
it's rare that we at Fake Doctor's real friends have
people like this on our show.

Speaker 2 (01:07:49):
You know what I mean? It was that was he
was amazing, Daniel.

Speaker 1 (01:07:53):
What are your thoughts? What do you think? Daniel?

Speaker 7 (01:07:55):
I think is a very smart guy, you know, I
think his takes her you know, is I think it's
just a very good, honest look at the world, and
I think it's an important take. I also think it's
imbued with a little bit of humility about being, you know,
willing to change and being willing to look at the
world and admit that some things are not as you

(01:08:15):
perceive them and also not as not as they used
to be. I think you spoke a lot about that
with how you know, Congress is full of people that
are old. We you know, we have these great phones that.

Speaker 1 (01:08:27):
We all love.

Speaker 7 (01:08:28):
We need laws around them and that is just normal.
And I thought that was that was something that I
really appreciated about what he was talking about.

Speaker 1 (01:08:35):
I hope that one day that there's a younger Congress
that can get their head around that. It seems to
me that because of the average age of the people
in Congress, that it's not something they fully understand or
see why regulation is so necessary for for children.

Speaker 3 (01:08:53):
I don't I'm not very astute when it comes to politics,
uh and laws being passed. But when was the last
time that that not the not the not the Supreme Court,
but Congress and the Senate past were able to agree
on a law.

Speaker 4 (01:09:16):
Oh, I don't know.

Speaker 1 (01:09:17):
I mean it was probably the last budget, I guess.
I mean, you know they pass stuff outside. Yeah, well
that that has to look up.

Speaker 3 (01:09:25):
I do not know.

Speaker 2 (01:09:26):
I don't know what are they doing it?

Speaker 1 (01:09:28):
What are they doing arguing? Are they just argue? They
arguing then cock block kind of like you in veg Vegas.
That was really interesting. Thank you, audience. I know this
wasn't the funniest of our podcast, but I was super
informative and I and I hope that you liked it.

(01:09:50):
I again, check out his Ted talk. It's pretty impressive
and he's so smart.

Speaker 3 (01:09:55):
He has great ideas on accumulating wealth too, you know,
so just I mean that's something.

Speaker 1 (01:10:02):
Not only does he have the algebra of wealth, but
there was one I think called the algebra of happiness. Yeah,
I read that one. I recommend that one too, the
Algebra of Happiness. The New York Times called him the
Howard Stern of the business world. He's a he's a
fascinating guy. All right, Donald, I love you.

Speaker 2 (01:10:22):
I had such a great time this weekend. Man, Thank
you so much.

Speaker 1 (01:10:25):
I'm glad you came to Vegas. I thank you for
saying yes, even though it was I just learned that
it was that was.

Speaker 2 (01:10:32):
Thought would happen. You know how dark she gets, she goes,
she goes real dark with it.

Speaker 1 (01:10:38):
Yeah, anyway, I'm glad. I'm glad you came, even though
it was out of fear of there being a scrubbs
version with that all right.

Speaker 2 (01:10:51):
About show we made about a bunch of the way
next all should know.

Speaker 4 (01:11:04):
So gadder round you here, up, gadder round you here, up,
scus we watch your wits and h
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