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Pivot · May 1, 2026 · 1h 4m

Big Tech’s Day of Reckoning, Elon Takes the Stand, and the FCC Targets Disney

Kara Swisher and Scott Galloway discuss the FCC’s politically charged action against Disney and its chilling effect on media freedom. They break down a packed Big Tech earnings day, the escalating AI capex arms race, and coin the term 'ketamine economy' to describe today's disorienting, short-term market highs. Also, Elon Musk testifies in the OpenAI trial, and Taylor Swift fights to protect her voice and likeness from AI deepfakes.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Highlights

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FCC Targets Disney: A Political Weapon
The FCC’s action against Disney raises questions about regulatory overreach and its impact on free speech in media.
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AI Spending Arms Race and the 'Ketamine Economy'
Big Tech earnings reveal an unprecedented AI investment surge, while the broader economy feels like a dissociative 'ketamine economy.'
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Elon Musk Takes the Stand in OpenAI Trial
Elon Musk testified against OpenAI’s for-profit pivot, arguing it betrayed the non-profit mission.
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Taylor Swift vs. AI: Protecting Voice and Image
Taylor Swift is taking new legal steps to shield her likeness and voice from unauthorized AI-generated content.
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