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WSJ Tech News Briefing

Bold Names: The CEO Who Says Cheaper AI Could Actually Mean More Jobs

07 Dec 2024

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

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