Bold Names The CEO Who Says Cheaper AI Could Actually Mean More Jobs
Feb 11, 2025
Aaron Levie, CEO of Box and cloud storage innovator for Fortune 500 companies, discusses the transformative potential of AI in business. He highlights how cheaper AI can sift through vast amounts of previously messy data, improving tasks from invoice processing to marketing campaigns. Levie argues that this technological advancement could actually create more jobs, stimulating demand and growth. He emphasizes Box's commitment to remain 'model agnostic,' working with leading AI technologies to enhance their services and drive productivity.
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Unstructured Data Access
- Enterprise data consists of structured and unstructured data.
- AI allows access to unstructured data (90% of enterprise data) like emails and files, enabling new levels of understanding.
Extracting Data from Contracts
- Companies struggle to extract structured data from documents like contracts and invoices.
- AI solves this by labeling data and making it searchable, drastically increasing the document's value.
Human-in-the-Loop AI
- Integrating AI into deterministic workflows requires human oversight, especially for critical tasks.
- AI excels in data entry tasks but humans are needed to review outputs and handle complex scenarios.