Scott Galloway believes every technology in history goes through a similar arc of catastrophizing, job loss, increased productivity, new business opportunities, and employment growth, and AI will be no different.

Scott Galloway's thesis is there's a one in three chance that AI becomes as important as vaccines, jet transportation, or PCs, but no small group of companies will capture shareholder value.

In 1992, when Scott Galloway graduated from Berkeley, 40% of students had a job on graduation day, and only two businesses were started in his class.