The Prof G Pod with Scott Galloway – Office Hours: Apple’s Investment in Healthcare, Should I Send My Child to Private School? and How to Introduce Social Media to Your Children

Intro

In this episode of “The Prof G Pod with Scott Galloway,” Scott discusses Apple’s investment in healthcare, the pros and cons of sending children to private schools, and how to introduce social media to children. He also addresses the potential acquisition of Peloton by Apple or Amazon. Listeners can submit questions by emailing a voice recording to the Network.

Main Takeaways

Apple’s Investment in Healthcare

• Apple’s strong brand fit and technological expertise make their investment in healthcare logical.
• Apple launched the health app in 2014 and the Apple Watch a year later, offering various features for personal health care.
• The new update to the Apple Watch focuses on mental health, encouraging users to log their daily moods and momentary emotions.
• Apple is reportedly developing Quartz, an AI-powered health coaching service.
• Competition between Apple and Amazon in the healthcare space is expected, as both companies have a significant presence and interest in the market.
• The U.S. healthcare industry is highly disruptable, presenting a big opportunity for Apple and Amazon.
• Peloton may be acquired by either Amazon or Apple to enhance their connected fitness device offerings.

Private Schools vs. Public Schools

• Private schools can be expensive, with some costing over $100k per year.
• The International Baccalaureate curriculum offered by private schools may increase a student’s chances of getting into a top university, but its value is debated.
• Public schools can provide equally good outcomes when socioeconomic factors are considered.
• The quality of public schools varies based on location.
• When choosing a school, logistics, convenience, and the quality of teachers and friends should be prioritized over the school’s name.

Introducing Social Media to Children

• Delaying social media usage for children as long as possible is recommended.
• Girls tend to be more vulnerable to the negative effects of social media than boys.
• Social media can contribute to self-harm, teen depression, and suicide.
• Parental involvement is important but not sufficient to prevent negative effects.
• Schools should consider implementing bans on phone usage up to a certain age.
• Limiting screen time for children is challenging but necessary for their well-being.
• Open communication between parents and children about online activity is crucial, along with offering support without judgment.
• Online bullying and mental health issues can go unnoticed by parents, emphasizing the need for vigilance and intervention when necessary.
• The speaker believes that exposing children to technology too early may lead to regret, considering the problems caused by technology companies such as income inequality and election interference.

Summary

Apple’s Investment in Healthcare

Apple’s investment in healthcare is a logical move due to its strong brand fit and technological capabilities. With the launch of the health app and the Apple Watch, Apple has already established itself in the personal health care space. The company’s focus on mental health through its latest update to the Apple Watch further demonstrates its commitment to the well-being of its users. Additionally, Apple’s reported development of Quartz, an AI-powered health coaching service, shows its ambition to expand its presence in the healthcare industry. However, competition with Amazon is expected, as both companies recognize the disruptable nature of the U.S. healthcare market. The potential acquisition of Peloton by either Apple or Amazon could also play a role in their healthcare strategies.

Private Schools vs. Public Schools

Choosing between private and public schools involves considering various factors. Private schools can be expensive, but they may offer an International Baccalaureate curriculum that increases a student’s chances of getting into a top university. However, the value of this curriculum is debated. On the other hand, public schools can provide equally good outcomes when socioeconomic factors are taken into account. The quality of public schools may vary depending on location. When making a decision, it is important to prioritize logistics, convenience, the quality of teachers, and the potential for meaningful friendships for the child, rather than solely focusing on the reputation of the school.

Introducing Social Media to Children

The speaker advises delaying social media usage for children as long as possible, particularly for girls who tend to be more vulnerable to its negative effects. Social media can contribute to self-harm, teen depression, and even suicide. While parental involvement is crucial, it is not enough to prevent these negative consequences. Schools should consider implementing bans on phone usage up to a certain age to protect children’s mental health. Limiting screen time is challenging but necessary to ensure their well-being. Open communication between parents and children about online activity is essential, along with providing support without judgment. Parents should be vigilant about online bullying and mental health issues, as they can often go unnoticed. The speaker believes that exposing children to technology too early may lead to regret, considering the problems caused by technology companies in areas such as income inequality and election interference.

Conclusion

Apple’s investment in healthcare reflects its brand fit and technological capabilities. The competition between Apple and Amazon in the healthcare space is expected to intensify, given the disruptable nature of the U.S. healthcare industry. When deciding between private and public schools, factors such as cost, curriculum, and the quality of education should be carefully considered. Introducing social media to children should be approached with caution, with a focus on delaying usage, limiting screen time, and fostering open communication. Parents and schools play vital roles in protecting children from the negative effects of social media. Overall, these topics offer valuable insights into the intersection of technology, education, and healthcare.