Scott Galloway

in Section, as I feel that the part of AI that is most underinvested is what I call the adoption layer, and that is helping companies upskill their employee base to better leverage AI.

Anyways, Section has helped Nike, Autodesk, NASCAR, AV InBev, and Publici, and a hundred other firms get value from AI.

They can do it for you.

Get in touch at sectionai.com.

That's S-C-C-T-I-O-N-A-I.com to learn more.

Welcome to Office Hours with Prop G. This is the part of the show where we answer questions about business, big tech, entrepreneurship, and whatever else is on your mind.

If you'd like to submit a question for next time, you can send a voice recording to officehoursatpropgmedia.com.

Again, that's officehoursatpropgmedia.com.

Or post your question on the Scott Galloway subreddit, and we just might feature it in our next episode.

Plus, you can now call or text us a question at 201-472-3656.

That's 201-472-3656.

All right, let's get into it.

Our first question comes from Steve, who emailed us.

He asks, I'm a simpleton in investing who listens to PropG regularly.

I know both are different sectors, but can someone explain how Walmart, with revenues of approximately $713 billion and operating profit of around $30 billion, can have a lower valuation than Anthropic, which has revenue of approximately $70 billion and forecast a profit of around $2.2 billion?

Is it forecasting revenue of 70 million?

Is that evidence of a bubble?

Or are investors simply pricing in much higher future growth and profitability for Anthropic?

Typically, a stock price is meant to be the asset value, so just the land underneath.

the retail or the intellectual property it owns, plus the present value of growth opportunity or cash flow.