Brianna White

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Jul 30, 2019
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No one can say Scott Galloway is short on opinions—or of very loudly sharing said opinions—no matter how much criticism he gets or people he offends.
The author, speaker, professor, podcaster, TV host—just to name a few outlets for his pontifications—has gained a following because of his critiques of staid industries, companies and policies, Galloway shared his thoughts on overhyped and underhyped trends in technology at CompTIA’s ChannelCon conference in Chicago.
In a rapid-fire presentation (nearly 160 slides in 60 minutes), Galloway let loose on the current state of the health care industry, spiraling costs of education and its impact on the workforce, Web3, and much more.
“I’m a narrative vs. numbers guy,” he said, noting that too much often gets made of the latest trends. It’s either the biggest thing ever or it’s going to collapse society. “Nobody ever says, ‘this will make the world marginally better.’ You just don’t hear that.”
Here’s a look at some tech-related industries and what Galloway thinks should happen—and shouldn’t:
Health Care: Telehealth is a Long-Overdue Disruptor
Health care has become a $4 trillion business (“every other industry is small by comparison”) but it has reached an unsustainable model where consumer prices keep increasing while the level of service continues to decline. Telehealth is providing some much-needed relief, offering new choices and opportunities for patients and providers.
“This is an incredibly exciting time at the intersection of technology and health care. When I talk to my students [at NYU’s Stern School of Business] about careers and industries to go into, all things being equal, I tell them to go into health care,” Galloway said.
Funding has doubled in telehealth in recent memory and one of the more disruptive events of the last couple years has been Amazon acquiring One Medical.
“The market expects Amazon to grow by double-digits every year, which means they have to add $250 billion in top-line revenue over the next five years. Can you imagine that? That means there’s really only a small number of industries they can go into to reach that scale. Health care is one. It’s the same reason Apple is going into automobiles—there are only a few industries that size,” he said.
Continue reading: https://connect.comptia.org/blog/from-technology-to-health-care-to-education-scott-galloway-is-here-to-shake-things-up
 

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