Scott Galloways Predictions for 2024 at OMR24
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As someone who grew up in Germany it was just too hilarious that nobody was getting your jokes. You're brilliant thank you for everything you do! Advocating for young men is just the missing piece in modern-day-feminism. Please keep doing what you're doing and the world will become a better place.
I wasn't there but I can vividly imagine. The cringing... : / Happy to be able to watch the talk here!
Es tut wirklich weh, dass keiner die Witze versteht xD
Feminism is taking a lot of place, I mean all the place.
I thought the same thing ~ concise, sharp humor.
I was about to write something similar. Also Pflaume's question in the end showed that Scott's humor didn't land with the Northern audience. I am Austrian., that talk would have rocked in Vienna. ;)
In the middle of his segment on obesity, the algorithm injected a commercial for Chips Ahoy cookies
Fascinating... I have Premium, so have no idea what commercials are popping up. Not a surprise!!
😂irony
Genius
@jasonmiradoli8900 I want to agree with you wholeheartedly. But I've been hearing the genius compliment being given to billionaires and marketing agents for 40 years when it's that sort of genius that contributes to societies downfall. Shouldn't genius be saved for those that actually figure out a way to contribute to the improvement of society? I really don't know. You just have me an opportunity to share some of the thoughts I've gathered on that over the last so many years. I do know what you mean though!
Good thing I pay for KZhead premium 😂
A very thoughtful, dense, clever and witty speech. Only it was wasted on that audience. OMR Festival are basically influencers and workers from PR agencies, all not very politically sound or clever. Good thing this presentation was uploaded so we can benefit from it. Says it all so well. Thanks Scott!
Yeah, he killed it. A shame he had to skip some parts of his presentation. I think he could have gone another 30 min easily
@@derekeanoHis recent TED talk is even better.
I think this speech is worth it to any audience to get the points across
Its so great to listen to tech guy who actually cares about something other than money.
he cares about money too, that's why he's taking a big paycheck for this presentation
He’s not even a tech guy
I don’t agree with everything Scott says but man, thanks for looking out for the guys when most of the focus is on everyone else. Appreciate it. That last bit was more impactful than I could have anticipated.
Yes, He's got extreme ideas. Maybe that's what we need?
Not all are necessarily extreme if they turn out to be true.
Don’t “go out, get drunk and make bad decisions.” Get a young woman you don’t know well pregnant, and you just consigned yourself to 20 years of imprisonment.
@@mactireliath2356 I think you're misinterpreting what his big picture message is; he's saying that kids aren't having the opportunities to screw up financially and recover from those mistakes. This is a societal failure.
A smart witty raw speech, sprinkled with a charlatan's self interest!!!! Needs to be heard under the right mind, and take advantage to focus on your objectives. W
Not sure why he’s saying 3D printing is useless. Consumer grade printing is gonna stay a hobbyist activity for a while but they’re used CONSTANTLY for product development and manufacturing. A few decades ago, if you wanted a prototype of a new product, it’d be north of 20k and you’d be lucky to get a single iteration. Now, if I want to see what a part feels like, I can have a sample to hold before lunch, make tweaks and have a revised version before the end of the day for pennies.
Agree 👍
I think the technology itself is useful - and headset / metaverse will prove useful too. Its just does not impact the world as much as we thought so ("this changes everything", "everyone will have 3d printer at home" and so on). Will the Meta-invested money return from metaverse? Doubt.
@@jancoufalcz I think headsets will prove to be useful in the fullness of time. They are currently really expensive and don't really beat any existing products at anything. They are great at AR/VR but suck as a monitor or a TV. I really think we're about a generation away from them being common place. I think people need to grow up with these and get the technology more compact and cheap to get headsets to take off.
3D printing really comes into the forefront when you venture out into space. You can't take every spare part with you but you can take the plan to make it or receive a transmission with the technical schematics.
@@jancoufalcz The problem with both seems to be the marketing. _"Everyone will have a 3D printer!"_ No they wont, just like not every home needs a lathe. _"Everyone will want a VR headset!"_ Again, no. The current state of the technology is better suited to committed gamers and people in specific 3D design industries.
3D printing is great.... especially in healthcare
He’s probably thinking of the 3D printing hype phase in 2015 and hasn’t looked at it since
3D printing is used more than Ai girlfriends ever will be.
@@Jake-Day as much as I love 3d printing, don't underestimate AI girlfriends of the future. People fell in love with a fucking DOS chat script when that first came out. All that did was ask more questions about what you were saying.
That statement stood out as kinda stupid. Though he probably meant the hype train that it would be a household item.
I was confused by that statement, cause 3D printing has revolutionized rapid prototyping of products.
(24:39) "Nothing wonderful will ever happen to you on a screen" BOOM!!
Can I FaceTime with my dying grandmother? Cool if I think that’s wonderful?
What about double kill?
Is that boom a 360 no-scope?
Your job could be on a screen which provides you with all your income. Your 401k & investments are on a screen. When you buy stuff it’s often on a screen. I don’t know, this comments seems a bit broad.
@@craigmak if that's what brings wonder to your life, you're not living. What you describe is basically just dying slowly while paying taxes.
He described a young man I knew to a tee. He took his life in 2020. He is right on with this message.
Make no mistake this guy was part of the cohort that got us here. NYU marketing. Do not forget.
Doesn't mean he's wrong
@@jayt696969nor that he cares about human life beyond servicing consumerism
Do you think exactly like your cohort generation or are you a perspective outlier? The answer is obvious why this comment is partially true and mostly useless.
He is almost always wrong but he presents his ideas well and entertaining. This guy is so out of touch
@@Nicole-yy1knreally? On which points is he wrong on this presentation?
7:58 "Productivity is steadily going down..." while showing a graph documenting that the avg. rate of productivity INCREASE has been slowing. Productivity (averaged over multiple years) is still going UP, it's just going up slower than it used to. /pedantry
As someone who has over 40 years experience in the weight loss industry, glp-1 will only work if patients can stay on it for the rest of their lives. AND if the drug is able to maintain its effects long term and not wane requiring more. The effects are exactly the same as VLCD’s. The industry has still got a lot to learn, so it is not the magic bullet that is touted here. It’s just been hyped by pharmaceutical companies, which is no surprise.
Great question for men by Scott at the end.
After so many struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I'm 37 and have been looking for ways to be successful, please how??
In times like this you need a good expert like Claudia Vechi Nesse to help you get through.
the economy hardship, recession unemployment and the loss of job caused by covid pandemic is enough the push people into financial ventures
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
There is her line 👇👇👇
Danke für den Talk, scott Galloway ist ein tief inspirierender, gebildeter Mann mit Herz und Verstand. Jeder Talk ist ein must watch
Richtig gut und ehrlich. Hätte viel mehr Zeit für diesen Slot bekommen sollen.
Scott's got heart and his word play is fantstic.
Nobody is more brilliant, more caring and more empathetic than Scott. I love his program and I will listen to him always he talks the truth.
Love Scotts message, SO spot on... Reach out to men, How are you doing? No Really!!!
Going good here. ty Jet. and u?
VR and 3D Printing is very important in space manufacturing and flight simulation. It is just not commercialized yet.
How many space manufacturers and pilots are out there? as opposed to how many obese people are out there?
Eh, they're really important for businesses. I think their value has been overstated for consumers (I LOVE my 3d printer BTW)
I was actually just wondering if he meant to refer to 3D TV's and slipped up? He's made the comparison before I believe, on Pivot Podcast. My dude HATES the Vision Pro.
His point was that it’s niche and will always only cater to niche.
I think he is saying that VR will be a tool but not a social paradigm. I don't follow what he thought 3D Printing was supposed to be.
19:16 Yeah let’s zoom in on the cameraman for the most important slide then transition back when the slide is gone. Fire the cameraman.
slide--5 companies to short: (based on fast food, sugary drinks and alcohol; see 19:59--add gambling)
3D printing is great!
He doesn't state that you can't by ByteDance stock directly in the US, which is probably why it is undervalued.
Alway great to listen to Scott and it's nice to see that he made the only correct inference from what's happening in Ukraine.
Is it the last statement about uniting US and Europe?
Bro had me until he went shitting on 3d printing, does he realize how much impact it has on hardware startups/companies?!
This and VR is where he lost me.
I think it's the "for the masses" aspect of these products. Home 3d printing or VR are mostly marketing and thrown away after some months
He predicts worse than Jim Cramer, he is just a provocateur
Yeah that was kindof unnecessary, the hell did 3d printers ever do to him? I'd hardly say useless, mine is mid print right now, I use the living hell out of that thing. Gotta be from ignorance, they'd seem like toys if you've never seen one do real work and make real parts and solve real problems.
@@hsquared9357He is right about vr…the apple vision hype is already dying.
Historically speaking Bitcoin doesnt do much immediately after the halving - but it does do impressive spikes and tops out around 18 or so months afterwards. No one can time the market, but I'd say it's worth considering entering a position at current prices and if further dips occur, just add to your position. Over the long run, there is a higher probability to the upside than the downside, .It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.....
I read about her too on website . That is how I get connected to her. Thanks for putting this down here..
I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience...
I rather invest my money on crypto. Bitcoin trading is great unlike the stock market and other financial markets, bitcoin has no centralized location , since it operates 24hrs in different parts of the world....
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways....
Kai Pflaume wie immer top vorbereitet!
😂😂
First time in Hamburg
Guys remember he said these were predictions not facts
Wow, Profound. I’m very glad I watched this. Thank you very much
thank you, Scott Galloway
The EU has had a weak culture around innovation not, contrary to popular opinion, because of over regulation, but because of capital and market realities. Europe isn’t a unified bloc. It’s 27 different markets and societies, many different languages, and no VC culture. And a geopolitical obsequiousness to the US
He won't tell you that.
Although red tape and high taxes doesn’t motivate people much
Scott’s message is often bold, concise and insightful… the Q&A session was a great demonstration of how greed, fear and small thinking prevails when presented a disruption to their exploitation.
love how the camera pans when he said to short these companies for diabetes industry..
Excellent talk
Scott G is a phenomenon. ❤
Take a bow Schott, this was just great...
Scott, the European audience doesn't get your jokes. Amazing talk as per usual.
Great lecture!
Bigscreen Beyond proved that a VR headset is a niche device for gaming and some oddball tasking, not some "do everything" device. My favorite is The hololens showing mechanics using it as if it wouldn't get destroyed or thrown within a month.
He's wrong about headsets. Consumers were never the target group for making big bucks. It's obvious the Vision Pro was developed for professional users such as surgeons, product designers etc. Same for 3D printing. Sounds like he only looked at it from a consumer perspective. 3D printing is huge in medtech (e.g. custom implants for skull/spine/face/dental, or for medical instruments), same for space tech (highly integrated nano satellites), prototyping in all industries....
I'm in medicine, I will never use a headset in my job.
You probably don't disagree with him as much as you think. If consumers aren't the target group, then it won't be that big. There are 50,000 surgeons in the US. Sell a $3500 headset to 50% of them and you make about $80 million. That is 0.04% of iPhone revenue last year.
@@kyleolson9636 but then you exhausted your revenue base. Then where do you go from there? Find 50,000 more surgeons?
@@kyleolson9636 you're assuming they sell for 3500 USD to professionals. That's not even legal - FDA doesn't approve a medical system that incorporates a surgeons personal device. The Vision Pro would be bought by companies like Stryker and then sold as part of a medical system/device. Same for the military. The US military doesn't use the stock HoloLens, they buy a special variant that is much more expensive. Same for certain smartphone camera chips. Instead of scrapping bad image sensors, companies put them into smartphones, the best bin of sensors goes to satellite manufacturers etc.
@@xaviervela3889 you will soon be replaced by someone who succesfully does
I agree with most, disagree with a couple of minor points. That part about getting into real life, making mistakes, striving, failing, succeeding, is key to a full life.
It’s great that Scott mentioned the crisis among young men. The young women in my extended family are doing pretty well, but the young men are struggling. I think the men put high expectations on themselves and are paralysed by the fear of failure. I think their fear is linked back to parenting and childhood experiences that emotional intelligence, identity, achievement and relationships.
Wow. Thank you.
This is the second video I’ve watched with him presenting. Aside from the 3D printing comment that raised some eyebrows in the comments I think he has some good arguments.
Hi Scott, powerful talk! Congrats. Just for reference: the sheer speed of your talk and the insider jokes are GREAT for me, but for a German audience like this I'd say it's 50% over the top:))) My 2 cents. Am struggling a lot with this myself when speaking in Germany (even tho I am German:))
Love this talk. Thank you.
Scott's take on TikTok's trajectory is fascinating, especially its potential to redefine entertainment consumption habits! It’s a stark reminder for businesses to continuously innovate and adapt to shifting consumer preferences in the digital age. 🚀
he is dead wrong on TikTok, it's going to be banned, not divested because China has export restrictions on ByteDance ByteDance itself said as much, they will either win in court, or be banned and exit the US market - there will be no sale
The chart of GDP productivity is wrong. He took the GDP without adjusting for inflation. When you plot the correct Real GDP, this is adjusting for inflation, and you adjust for population growth by taking per capita GDP, the productivity has been increasing at a 1.87% annual rate from 1950 to 2024. The correlation with corporate tax rate is a completely wrong deduction then.
He is pretty stupid in general, but he is well spoken
You're correct. Productivity started falling in 2007, a decade before the corporate tax rate was reduced.
So the NYU professor is wrong, and you’re correct. Noted.
@@NavyMoo5e no he is wrong objectively and proven to be wrong many times, I am just stating facts.
@@NavyMoo5e also he is the professor of marketing, it doesn’t make him right lol
Scary last words. Talk of most powerful alliances.
Thankyou
They purposefully hid the slide showing the companies you could short due to GLP-1 LOL
This is required watching for everyone interested in tech and business.
You said: "Nothing wonderful will ever happen to to you on a screen"? But Scott, I'm having a really wonderful time listening to your predictions right here on a screen. How can that be? Are you sure about this?
He said nothing truly wonderful. When you rank the top 3 most wonderful things that happened to you in your life when you're 80, none of them will be on screens. They'll be experiences with people.
@@gregmoore803 I disagree. 'Wonderful' is a subjective value judgment and means different things to different people. We all meet our Tao in separate ways. What matters is that you reach a sense of fulfillment and satisfaction in whatever you do, and that includes screens.
I am seriously ill rn with Type 2 diabetes and just found out here, about GLP1. I'm calling my doc, as I'm sure metformin is ruining my stomach, as I can no longer tolerate it, and it is causing severe gastro-intestinal problems. I am calling and emailing my doctor in the morning.
Looking at Hubble Deep Field view was a moving experience.
Love your messages and insights.
Fantastic in the.end. thank you.
Great work Scotty. Right on brother. ty 4 vid
I disagree with his prediction on VR/AR. The headsets will get much smaller and eventually blend in with prescription glasses (like the ones he’s wearing). People will facetime, text, watch things while driving because expediency is everything
This 100%, also peak AI valuation is in the distant future.
I think what is the biggest obstacle to VR/AR is the strain on human eyes. Even if the headset size and shapes change, the human interface (our eyes) is the bottleneck when integrating technology such as AR/VR. No one can stare at a screen 4 inches from your face for longer than 20 minutes without feeling dizzy or seriously affecting their vision.
If high taxes drives productivity, explain the productivity drop in the EU.
I have a high saturated fat diet, but almost no carbs. I'm skinny. Fat doesn't make you fat; carbs do. And you need some salt. Just minimise carbs, avoid seed oils and you won't need to mess around with pills whose side effects we won't understand for another thirty years
I don't know: Kai Pflaume mit seinem "Nur die Liebe zählt" - Grinsen und so Tech-Koryphäen ist einfach kein Vibe.
Er war ‘star struck’ 🤩🤣🤣🤣
Überhaupt nicht. Was ist das für eine dämliche Frage „Bist du zum ersten Mal in Hamburg?“ wenn er vor paar Jahren schonmal auf der Veranstaltung war, die Kai Pflaume bezahlt. Bisschen Vorbereitung ist nicht zu viel verlangt.
Und er wird so abgewatscht. Er dreht sich einfach von Pflaume weg und redet mit dem Publikum. Krasser Move.
Yeah, he's totally wrong about 3D printing and AR/VR
@@availabledark Most of his takes just reflect the audacity of a mediocre white man
Very inspirational
Yes this man is brave. For every man he saves from loneliness he saves a woman also. Feminists would want to wise up. Enjoy your jog in a world full of broken men. Absolutely protect every woman but also protect men
The problem isn’t feminists, it’s humans.
I want the full presentation!
I really respect Scott. His predictions are good
Good but always wrong
@@Nicole-yy1kn prove it
@@DefenestrateYourself he predicted bitcoin at 100k in 2022 and peloton to the moon bought by apple. Look it up.
@@Nicole-yy1kn prove ONE prediction wrong. I'll wait
Money doesn’t always win. Power always wins and money is but one aspect of power. Ask Jack Ma.
In a free capitalist society, money always wins. He was talking about west, not china
@@sunny3907 reductionist and overly simplistic
SUPERB!!!!!!
A man speaks truth, hail the man !
Ai's greatest impact will be within the dating landscape and it will have a profound effect on the youth.
Humans are social people we need each other.
Making closing statements like this in your presentation at a tech/marketing conference? Exactly.
I love how confidently you get some things dead wrong Scott, never change 😜
Great Guy
Super interesting data.
This guys seems to be a statist... Some of his points are strong and true.
scott is great 👍
People ask for Freedom of Choice and they really want freedom from choice. - DEVO
They had the best songs!!
ByteDance does not trade publicly. It is not a "stock company".
How can you buy stocks from them?
In China they do you
He made it clear that he was talking about the private market
By investing in public companies like KKR & Co. Inc. and SoftBank, which have stakes in ByteDance, your welcome!😂
You can't directly buy actual Chinese equities anyway. What you think you are buying in North American and European markets are actually shady derivatives in off-shore Caribbean accounts that masquerade as Chinese equities like Ali Baba and Tencent stock.
One of the main reasons why Europe is lagging behind in the technology sector is the lack of its own cloud infrastructure. We are forced to rent cloud capacity from American giants, paying them like landlords - and renting is very different from owning. This situation stems from policies that have so far favored U.S. providers. And that's the same logic behind America's opposition to TikTok, aimed to prevent the rise of a rival to their cloud businesses. It's the same rationale behind the chip war. To truly be on par with the U.S., Europe must decouple from American cloud providers and build its own sovereign cloud infrastructure. Otherwise, we risk a sort of perpetual 'techno-feudalism', with Amazon, Microsoft and Google continuing to open data centers in Europe only to rent them to us Europeans for life. This is not a win-win game for us Europeans. However, if Europeans begin to actively compete in developing our own cloud, the U.S. will treat us the way it threatens China. There is a technological war there and who owns the cloud capital, the chip industry, owns the future and the others will have to rent it for life
You don't need the cloud.
Tough crowd
Thanks 🙏❤
Just discovered S.G. and started consuming every talk this guy does. On this talk I heard the first nonsense thing to come from his mouth.... his jab at 3d printing?!? Wait, What?!?! Was that sarcasm? He's a tech guy isn't he? He should know better. Don't get me wrong, great talk, great final statement. That was the one small thing that stood out to me.
I think its actually a pretty fair assessment of where 3D printing actually is right now Vs. where people predicted it would be. Does this technology have great potential? yes, of course. Has it completely upset the apple cart & disrupted mainstream manufacturing processes....lol no, of course not. its primarily a hobbyists game right now and its had very minuscule impacts on the global economy. things could certainly change, but if you an invested large amounts of capital into 3d printing thinking it was going to cause a paradigm shift you fucking lost, full stop
@@wizzopq true, maybe not so much in terms of it being a world changing technology and great investment. I guess I am biased as a product development engineer and the way it advanced my ability to fast track concepts, build test fixtures, etc. It improved my efficiency in the way I think chat gpt improved coders' efficiency. Although mine happened over ~ 5-10 years instead of practically overnight for the coders.
@@chrishartwig totally agree with that man! There are some incredible opportunities to utilize 3D printing to iterate on concepts in the engineering space, in ways that I probably can't fully appreciate as a data scientist. On top of that, the technology is just freaking awesome... If you could control it with a power glove, it's basically what I always dreamed of having as a child lol
3D printing was overhyped and overvalued. Maybe that will change, but SG’s current assessment is correct
Bruh. "Second mouse gets the cheese." Legend 😂
GLP-1 drugs will be short lived… get out by next year when the Tort-lawyers start to feast
If you are one of the most sought-after futurologists in the world and have missed out on how the SME sector has been fleeced, virtually destroyed, in Germany over the last 25 years.
isn't that world wide?
Show me numbers. It's so vibrant. But large cap has just grown quicker due to asset inflation.
anyone else notice the typo in the graph at 9:40?
Smart guy…great talk! We are not a democracy! We are a constitutional republic.
I think he's thinking right. The only statement I took issue with was 3D Printing. I think it is hugely important to industry. It is currently a 4 billion dollar market expected to quadruple in the next 10 years.
You mean like coding and programming 15 years ago? And now everyone in the industry is out of work and underpaid in a super competitive market?
There was a lot of overhype around 3D printing, a lot of people suggesting general manufacturing was in trouble and we were headed for Star Trek-esque future of people able to create whatever we wanted. The problem is to make anything worth a damn at scale you need more sophisticated machinery than what is conventionally available to most consumers and to run a business you have less employees but those employees a more educated higher paid employees (computer engineers, etc) than most industries. We are still a long way off from a 3D printer becoming a household appliance ro revolutionizing manufacturing in my opinion.
Peak Zionism marketing! Geez I wonder who the sponsors of this event were. Nonetheless some interesting views to consider 🤔🔥
The "Sin Stocks" chart is biased, he left out major components of sugared beverages such as MNST, COKE, CCEP, which all have good great gains from Nov 22 to Nov 23, just to show his point. Poorly documented. I wonder why he is failing his predictions.
Great if you have good friends also great with no friends. Happiness in life does not depend on having friends unless you want it to.
Dad: I'm a consultant son. Son: Again... Dad, what do you do?
Huh? Who’s the consultant? He’s a teacher
@@kevoreilly6557bro he also built and sold two businesses for huge exits. He just teaches for fun tbh
@@kevoreilly6557 that needs to take selfies on stage to show is son his value. - Looked more vanity focused, than being a parent. 🤷
Great talk prof, be sure to check out miniature wonderland!
How did a question about Meta AI chip investments became an answer about space shuttles and Jeff Bezos? Axe to grind?
Good point. It seemed almost edited. The question wasn’t really answered.
lol, Scotts jokes didn't land at all but he is such a daddy I'll let it slide jaja. This man is so smart. Scott if your single and love latinas in their late 20's hit me up jaja.
This video randomly popped up for me - Hamburg is my home city ❤
the highlight of the event
Not Rich people but : Positive and negative energy put us into Space 🌎😇
Factor in the quality of life in Europe compared with any other comparable geographic region in the world. The key is not competitive success, it’s collaboration to achieve the highest quality of life for all stakeholders, including our ecosphere
No hope for Hermany
Data is not the next oil, it's refinery.. er AI.
Im liking scott gallow