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The CEO Who Says Cheaper AI Could Actually Mean More Jobs

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Manage episode 466112223 series 3608591
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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.

Let us know what you think of the show. Email us at [email protected]

Sign up for the WSJ's free Technology newsletter.

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

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

50 episodes

Artwork
iconShare
 
Manage episode 466112223 series 3608591
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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.

Let us know what you think of the show. Email us at [email protected]

Sign up for the WSJ's free Technology newsletter.

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

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

50 episodes

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