The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Box's Aaron Levie on Predictions for the Next Wave of AI: Will Foundation Models Be Commoditised | How the Business Model of SaaS Changes Forever | Startups vs Incumbents: Who Wins | App vs Infrastructure Layer: Where is the Value?
May 22, 2024
Aaron Levie, Co-founder and CEO of Box, discusses the transformative wave of AI and its implications for businesses. He delves into the potential of AI agents, predicting they will redefine organizational structures. Levie emphasizes how AI will shift SaaS business models from seat-based to value-driven, while also addressing the hurdles of AI adoption in large organizations. He shares insights on the competitive landscape between startups and incumbents, and expresses a lessened concern about AI regulation, focusing instead on innovation and adaptation.
56:32
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Quick takeaways
- AI will transform business models in SaaS, emphasizing value-driven services over tools.
- AI agents are predicted to be the next big breakthrough, reshaping organizational structures.
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AI Landscape and Emerging Technologies
In this episode, insights are shared about the evolving AI landscape and the emergence of breakthrough technologies and applications. The discussion highlights the significance of AI in creating new platform-scale companies during specific technological shifts. The importance of focusing on workflows that offer unique functionality not easily subsumed by existing chat interfaces is emphasized.
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