Scott Galloway

Anyways, this is a distraction. Walmart gets I think about a third of its products

Anyways, this is a distraction. Walmart gets I think about a third of its products

Anyways, this is a distraction. Walmart gets I think about a third of its products

Are imported. They will just, in Walmart, if he wants to take on Walmart and Apple, I think that's crazy. And then this ridiculous notion that Scott Bassett is saying, well, Walmart is going to eat the tariffs. Walmart operates, Walmart's whole value proposition is it passes on cost savings to the consumer.

Are imported. They will just, in Walmart, if he wants to take on Walmart and Apple, I think that's crazy. And then this ridiculous notion that Scott Bassett is saying, well, Walmart is going to eat the tariffs. Walmart operates, Walmart's whole value proposition is it passes on cost savings to the consumer.

Are imported. They will just, in Walmart, if he wants to take on Walmart and Apple, I think that's crazy. And then this ridiculous notion that Scott Bassett is saying, well, Walmart is going to eat the tariffs. Walmart operates, Walmart's whole value proposition is it passes on cost savings to the consumer.

They operate at a business of scale with very low margins, but it's got more scale than any company in the world. I think it's the biggest top line company in the world. So the notion that they can absorb these costs and not pass them on to consumers,

They operate at a business of scale with very low margins, but it's got more scale than any company in the world. I think it's the biggest top line company in the world. So the notion that they can absorb these costs and not pass them on to consumers,

They operate at a business of scale with very low margins, but it's got more scale than any company in the world. I think it's the biggest top line company in the world. So the notion that they can absorb these costs and not pass them on to consumers,

It's just not I mean, OK, say they decided to do that for the benefit of consumers that takes their earnings down, which takes their share price down, which means they're hiring down, which means the wealth of American households go down, which means they make fewer investments, fewer hires, less money for bonuses. I mean, okay, that's a cost. You might argue, well, that hurts shareholders.

It's just not I mean, OK, say they decided to do that for the benefit of consumers that takes their earnings down, which takes their share price down, which means they're hiring down, which means the wealth of American households go down, which means they make fewer investments, fewer hires, less money for bonuses. I mean, okay, that's a cost. You might argue, well, that hurts shareholders.

It's just not I mean, OK, say they decided to do that for the benefit of consumers that takes their earnings down, which takes their share price down, which means they're hiring down, which means the wealth of American households go down, which means they make fewer investments, fewer hires, less money for bonuses. I mean, okay, that's a cost. You might argue, well, that hurts shareholders.

Fine, you can make that argument. But folks, they've got a business to run and they will figure out a way to optimize their margins.

Fine, you can make that argument. But folks, they've got a business to run and they will figure out a way to optimize their margins.

Fine, you can make that argument. But folks, they've got a business to run and they will figure out a way to optimize their margins.

He's a shitty business person. He doesn't understand economics.

He's a shitty business person. He doesn't understand economics.

He's a shitty business person. He doesn't understand economics.

I'm involved in a company called Section, which is upskilling AI for the enterprise, trying to help companies figure out how to leverage AI. The CEO of the company, my friend Greg Shove, my whole rap is always been that AI is not going to take your job. Someone who understands AI is going to take your job. And he said, well, some of that's true, but AI is in fact taking jobs.

I'm involved in a company called Section, which is upskilling AI for the enterprise, trying to help companies figure out how to leverage AI. The CEO of the company, my friend Greg Shove, my whole rap is always been that AI is not going to take your job. Someone who understands AI is going to take your job. And he said, well, some of that's true, but AI is in fact taking jobs.