Levie argues that AI's ability to reduce the cost of tasks like building websites, creating marketing campaigns, and translating content will increase demand for these services, leading to more job opportunities in sectors where these tasks are performed.
Box is 'model agnostic,' meaning it plans to work with all major AI models, including OpenAI's ChatGPT and Anthropic's Claude, to provide flexibility and choice for its customers.
AI allows Box to process and understand unstructured data, such as contracts and invoices, enabling customers to extract structured data from these documents and automate workflows that were previously difficult to manage.
Levie sees this as a profound shift where intelligence becomes virtually free and infinitely available, potentially revolutionizing software and its future applications.
Levie believes that due to geopolitical and economic sanctions, countries will need to rely on their own AI systems rather than those from potentially adversarial nations, leading to the development of sovereign AI.
Levie predicts that AI will become so embedded in daily business operations that it will be impossible to decouple its effects on productivity, with companies reinvesting AI-driven savings back into their businesses, leading to overall economic growth.
Levie mentions using Anthropic to solve a UX problem in just 25 seconds, which would have otherwise taken several days, illustrating how AI can drastically reduce the time needed for complex decision-making.
Cloud storage used to be a sleepy part of the computing world but, with artificial intelligence) becoming cheaper than ever, the companies collecting and protecting that data are now a hot investment. That includes cloud storage company Box), which has seen its stock climb nearly 40% this year. Its customers include most of the Fortune 500, including movie studios), automakers), consumer electronics giants), marketing firms and the Pentagon). Box CEO Aaron Levie says AI is getting better at piecing through 90% of companies’ data that previously was an intractable mess, and is doing some tasks better than humans – from processing invoices and parsing contracts to building marketing campaigns. So why does he think that could actually lead to more jobs for humans? Plus, why his company plans to stay “model agnostic” and continue to work with all the major artificial intelligence models, including OpenAI)’s ChatGPT and Anthropic)’s Claude. He speaks to WSJ’s Christopher Mims) and Tim Higgins) in episode four of our interview series Bold Names.
Check Out Past Episodes
Bold Names: Why This Tesla Pioneer Says the Cheap EV Market 'Sucks')
Bold Names: Salesforce CEO Marc Benioff and the AI ‘Fantasy Land’)
Bold Names: Why Elon Musk’s Battery Guy Is Betting Big on Recycling)
Further Reading
Amazon Invests an Additional $4 Billion in Anthropic, an OpenAI Rival)
How to Make AI Less of a Power Guzzler)
What Is AI Best at Now? Improving Products You Already Own)
Elon Musk vs. Everyone: The New Fight in AI)
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