The REAL Reason The Next Recession Has Started

Description

The stock market is going to crash. NYU Professor Scott Galloway explains exactly why, and then tells you the only thing you should actually do about it. In this conversation, he breaks down why AI valuations cannot hold, what China is likely planning to accelerate the correction, and why the simplest wealth-building strategy in history is the one almost nobody follows. Galloway reveals that every major technology company in history has experienced a 40% to 97% correction. Amazon dropped 97% between 1999 and 2001. Facebook fell 72% in 2022. When AI infrastructure spending exceeds 2% to 3% of GDP, a crash has followed every single time, from railroads to electrification to the dot-com bubble. He argues there is a one in three chance that AI follows the same path as vaccines, jet transportation, and PCs: technologies that changed the world but never allowed a small group of companies to capture lasting shareholder value. Discover: • Why every major tech company has experienced a 40% to 97% correction • How China could crash the US stock market using cheap AI models • Why Scott Galloway says AI may never produce lasting shareholder value • The only wealth-building strategy he recommends for young people • Why a recession could actually be the best thing for people under 35 • How $100,000 invested today becomes over a million through compound interest • Why Scott is diversifying out of the US market into Latin America and Europe 📺 Watch the full episode here - https://youtu.be/NdU6UdUKaYc ❤️ Subscribe to our main channel - www.youtube.com/TheDiaryOfACEO Get your hands on exclusive Diary of a CEO products: https://thediary.com/collections/all?utm_source=youtube&utm_medium=organic&utm_campaign=experiment&utm_term=clipschannel #thediaryofaceo #doac