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?

Aaron Levie is one of the OG founders of the last two decades as the Co-Founder and CEO of Box. Today, Box does over $1BN in revenue with a market cap of $3.85BN, and has raised over $560 million from the likes of DFJ, Andreesen Horowitz, and Coatue. In Today’s Episode with Aaron Levie We Discuss: 1.

What You Need to Know Entering This AI Wave: 2. •

Why does Aaron think we are currently in a transformative window in AI? • •

What does Aaron think it takes to be successful in this next wave? • •

Which areas does Aaron think founders should be focusing on today? Where should they not? • 1.

AI Adoption: Business Model, Implementation, Regulation. 2. •

How does Aaron think AI will change how we work & run a business? • •

What does Aaron think is the single biggest obstacle to AI adoption in large organizations? • •

Does Aaron agree with Sarah Tavel @ Benchmark AI companies will be selling work not tools? • •

How does Aaron think AI will change the SaaS business model? • •

Why is Aaron not as worried about AI regulation? What are his biggest concerns today? • 1.

The Next AI Breakthrough: AI Agents 2. •

Why does Aaron believe the next big breakthrough in AI will be agents? • •

How does Aaron think AI agents will change org structures? • •

How does Aaron think agents will differ from RPA? How will RPA companies benefit from AI? • •

What does Aaron think AI agents will look like in five years? • 1.

Startups vs Incumbents: Who Wins? 2. •

What is Aaron’s advice to startups today building against OpenAI? • •

Does Aaron think startups have more advantage in foundational models or the application layer? • •

What advantages do incumbents have? What are their biggest weaknesses? • •

Who does Aaron think are the biggest winners in AI today? Who is underperforming? • •

Why does Aaron think Apple isn’t losing the AI race? •