Aswath Damodaran: Big Tech Has No Idea How AI Pays Off

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**Scott Galloway** (1:08)
Today's number 48, that's the percentage of US adults who now support the idea of banning phones for the full school day. Ed, why did the smartphone need glasses?

**Ed Elson** (1:18)
Why?

**Scott Galloway** (1:18)
Because it lost all its contacts. How are you, Ed?

**Ed Elson** (1:32)
I'm doing well. I got to tell you, I'm excited for vacation, which is happening for me in about two weeks.

**Scott Galloway** (1:37)
Where are you headed? Oh, wait, we talked about where you're going. Somewhere fabulous.

**Ed Elson** (1:40)
I'm going to Austria. I'm going to a wedding in Germany, and then I'm going to drive to Kitzbühel in Austria.

**Scott Galloway** (1:46)
Oh, Kitzbühel. I've been to Kitzbühel. That's great. It's great for kids.

**Ed Elson** (1:49)
I'm very excited.
It'll be very nice. We'll go hiking. We'll play sports. We'll do saunas and swim. It'll be a very health-oriented vacation, which is exactly what I want right now.

**Scott Galloway** (2:06)
It's a wedding, you said? Yeah.

**Ed Elson** (2:07)
I have a wedding first, and then I've attached, sort of bolted on a vacation next to it. So I'm pretty proud of how I've kind of maneuvered this, because we have the wedding in Bavaria, which will be awesome. And then rent the car, drive about two hours into Austria, and then spend the week at a hotel.
So I'm very excited about this one.

**Scott Galloway** (2:30)
That is exciting. You know what Austria's greatest achievement is?

**Ed Elson** (2:34)
What's that?

**Scott Galloway** (2:35)
Convincing everyone Hitler was German. He's back.

**Ed Elson** (2:39)
I was waiting for Hitler. He's back. I knew it had something to do with Hitler. That's actually a good point. Yeah, that's true.
They did convince him. He's an Austrian.

**Scott Galloway** (2:48)
Everyone thinks he's a German. Nope, Austrian, nope.

**Ed Elson** (2:52)
Do you have vacation plans?

**Scott Galloway** (2:53)
The better question is do I have work plans? I'm on vacation most of the time, as your team knows. Yeah, I'm here in Colorado and I had to-

**Ed Elson** (3:01)
You're on vacation.

**Scott Galloway** (3:02)
Well, I'm on vacation. I'm up at 730 doing these Joey Bagadonna podcasts with you. But technically, I mean, my kids are out causing trouble and bored and doing hikes and shit like that. And I saw a bear last night actually in town, which was kind of fun.

**Ed Elson** (3:20)
Brown bear?

**Scott Galloway** (3:20)
Yeah, a little brown bear. My son said, should we run? I'm like, no, you stay here. I'm going to run.

**Ed Elson** (3:27)
It's very, very dangerous animals.

**Scott Galloway** (3:29)
I saw one of those TikToks about what animal kills the most people, and everyone's so freaked out about sharks. Moose kill more people than sharks.

**Ed Elson** (3:38)
Yeah, moose. I've heard that moose can be quite aggressive.

**Scott Galloway** (3:41)
Yeah, and hippopotami and crocodiles. Snakes kill a shit ton of people, I think mostly in India.

**Ed Elson** (3:49)
This is what you've been doing on your vacation?

**Scott Galloway** (3:51)
Well, of course, the animal that kills the most people, right?

**Ed Elson** (3:55)
No, I don't. What is that?

**Scott Galloway** (3:56)
The amateur answer is a mosquito, but the animal that kills the most humans is other humans.
So it's true. We're the problem. We're the problem.

**Ed Elson** (4:07)
The amateur answer is the mosquito.
How many times have you had this conversation?
I think it's fascinating.

**Scott Galloway** (4:14)
Have you been through this? It's really interesting what animals are dangerous and which ones aren't.

**Ed Elson** (4:19)
Should we turn this into an animals podcast? Maybe that's what this should be.