How Big Tech Offloaded The Risk Of AI

Scott Galloway and Ed Elson argue that Big Tech has offloaded the risks of its AI buildout through off-balance-sheet obligations, which investors should scrutinize. They also warn that rising oil prices and new tariffs could keep inflation elevated, and identify China as a major beneficiary of the Iran conflict. Additionally, they note a surge in new business applications, suggesting a small-business boom.

Scott Galloway and Ed Elson unpack why they think investors should be paying closer attention to the off-balance-sheet obligations behind Big Tech's AI buildout. Then, they examine how rising oil prices and a new wave of tariffs could keep inflation elevated and why they believe China has emerged as one of the biggest beneficiaries of the conflict with Iran. Finally, they break down the surge in new business applications and explain what they think is behind the apparent small-business boom. Looking for the full version? Become a Prof G+ subscriber for unlimited, ad-free access to all our videos, including exclusive content only available on Substack.