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Box CEO: I'm optimistic AI will not be overregulated
  + stars: | 2024-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBox CEO: I'm optimistic AI will not be overregulatedBox CEO Aaron Levie joins CNBC's 'The Exchange' to discuss why he's all in on AI, the impact on jobs, and more.
Persons: Aaron Levie
Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.
Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe
More board members, who could be plucked from OpenAI’s biggest investor, Microsoft, and the A.I. Mr. Altman was not named to the board on Tuesday night, and it was not clear if he ever will be. But some already argue that it will not be as attuned to OpenAI’s original mission to create A.I. The tech industry — perhaps even the world — will be watching to see if OpenAI is any closer to balancing those dueling aspirations than it was a week ago. “This needs to be a trustworthy organization that’s aligned with its board, and at the end of it all, OpenAI is a more valuable organization than it was a week ago.”
Persons: Altman, , Aaron Levie Organizations: Microsoft
Satya Nadella has strengthened Microsoft by snapping up Sam Altman amid the ongoing drama at OpenAI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs the rapidly unfolding saga at OpenAI continues, key players and observers in the tech industry have been heaping praise on Satya Nadella for his clever strategizing. He wrote in an X post , "You now understand why Satya Nadella is one of the greatest tech CEOs of this generation." "Incredible execution by Satya in one of the most dynamic situations in tech history," he said in an X post .
Persons: Satya Nadella, Sam Altman, Dan Ives, Altman, , OpenAI, Nadella, Greg Brockman, Brockman, Aviral Bhatnagar, Aaron Levie, Satya, Jim Fan, Fan, Altman's, doesn't, it's, Sam Organizations: Microsoft, Service, Guardian, Bloomberg, Wedbush, Business, Venture, RBC Capital Markets, Nvidia Locations: OpenAI
The wildest coup in Silicon Valley's history just took place over the last 48 hours. OpenAI booted CEO Sam Altman, nearly hired him back, then went with 2 other CEOs. Sam Altman has now been scooped up as an employee by Microsoft, OpenAI's biggest investor. Sam Altman had met with world leaders, including British Prime Minister Rishi Sunak, in London earlier in the month. But Microsoft CEO Satya Nadella has not let a good crisis go to waste.
Persons: OpenAI, Sam Altman, Altman, , Mira Murati, Emmett Shear, Greg Brockman, — Aaron Levie, ❤️ emojis, AngelList, Babak Nivi, OpenAI's, Rishi Sunak, Kamala Harris, Ursula von der Leyen, Alastair Grant, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Mary, Gary Marcus, Sam, 👉, Gary, Satya Nad Organizations: Microsoft, Service, British, AI, Georgetown's Center for Security, Emerging Technology, usl Locations: London
New York CNN —Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization. As many as 300 million full-time jobs around the world could eventually be automated in some way by generative AI, according to Goldman Sachs estimates. Challenges aheadWhen starting OpenAI, Altman told CNN in 2015 he wanted to steer the path of AI, rather than worrying about the potential harms and doing nothing. OpenAI CEO Sam Altman addresses a speech during a meeting at Station F in Paris on May 26. Sam embodies that for AI right now.”The world is counting on Altman to act in the best interest of humanity with a technology by his own admission could be a weapon of mass destruction.
Persons: Sam Altman, OpenAI’s ChatGPT, Altman, ChatGPT, Goldman Sachs, , Patrick Semansky, ‘ Kevin Bacon, Mairo, ” Altman, Kamala Harris, Joe Biden, OpenAI, Elon Musk, Kyunghyun Cho, JP Lee, Greg Brockman, SeongJoon Cho, Kevin Bacon, Aaron Levie, “ I’ve, he’s, ” Levie, Bern Elliot, , Rowan Curan, Forrester, , Biden, Joel Saget, Emily Bender, Margaret O’Mara, O’Mara, Gates, Jobs Organizations: New, New York CNN, World Economic, Privacy, Technology, Capitol, Silicon, White House, New York University, Softbank Ventures, Bloomberg, Getty, CNN, Gartner Research, Israeli Defense Force, University of Washington, Laboratory Locations: New York, Washington ,, Washington, Valley, Silicon, Silicon Valley, Milan, Italy, Softbank Ventures Asia, Seoul, South Korea, Big Sur, Paris, AFP, Manhattan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI represents a 'massive boon' to productivity, says Box CEO Aaron LevieBox CEO Aaron Levie joins 'Squawk on the Street' to discuss AI as a potential revenue driver, how AI regulation would affect the industry, and more.
Persons: Aaron Levie
casey newton[CHUCKLES]:: And it would be so funny if the AI actually already was deceptive and was just like, oh, yeah, Kevin, you’ve already figured us out. But I also think it’s part of this sort of undercurrent of the conversation, especially around AI right now. Marc Andreessen — he is clearly so angry at all of the people who criticize technology, technology companies, tech investors. And he is just really, really going after that crowd with this piece. brent sealesYou know I don’t really know.
Persons: kevin roose Casey, casey newton What’s, kevin roose, casey newton, hasn’t, kevin roose I’m, I’m, KEVIN, casey newton Yes, Kevin Roose, ” casey newton, Casey Newton, Marc Andreessen, Casey, we’ve, kevin roose Totally, Claude chatbot, Claude, Anthropic’s, chatbot, Anthropic hadn’t, Anthropic, Kevin, — they’re, roose, Meta, it’s, I’ve, Bard, casey newton It’s, there’s, you’ve, casey newton Yeah, didn’t, Kevin — I’m, it’ll, Kevin —, Andreessen Horowitz, Uncle Marc, , “ you’re, Tucker Carlson, Jesus Christ, casey newton Well, kevin roose Oh, he’s, McCarthy, , Nick Land, casey newton Totally, You’re, Daron Acemoglu, Simon Johnson, It’s, Marc Andreessen —, they’re, Nietzschean supermen, Nietzschean, Marc, casey newton Heck, Andreessen, Marc Andreessen decries, Marc Andreessen’s, CASEY, kevin roose That’s, you’re, Nat Friedman, who’s, Daniel Gross, John, Patrick Collison, Toby Lutke, Shopify, Aaron Levie, Brent Seales, — casey newton, There’s, Luke Farritor, ” brent seales, brent seales, that’s, Seales, haters, brent seales That’s, you’ll, casey newton Yep, brent seales —, brent seales We’d, brent seales They’re, They’re, Luke, Brent, brent seales Pliny, Elder, Jesus, brent seales What’s, casey newton Right, we’re Organizations: YouTube, The New York Times, Facebook, Google, Intelligence, America, AIs, Stanford, Communist, Netscape, Fox News, Communist Party, Technology, Venture, Twitter, acc, kevin roose Venture, Companies, Meta, University of Kentucky, British Locations: , Anthropic, China, Florida, California, United States, Europe, Romanian, interpretability, Valley, America, Silicon, Silicon Valley, Vesuvius, Rome, Greece, Herculaneum, Venice, Roman
Kantrowitz writes that AI is still not good enough to handle most jobs. As soon as artificial intelligence began to read, write, and code, all manner of professions were supposed to automate — fast. AI technology, however impressive, is still not good enough to handle most jobs. Such complexity exists in every field, so anytime you see a company announce that it's replacing workers with AI, read that with some skepticism. To be sure, there will be jobs affected by this wave of AI, as when any new technology arrives.
Persons: Alex Kantrowitz, Kantrowitz, , Sarah Guo, Harvey, hasn't, it's, Daren Orzechowski, Orzechowski, Aaron Levie, Bradley Erickson Organizations: Big Technology, Morning, Allen, Overy, Mayo Clinic, Mayo, IBM Locations: United States
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBox Aaron Levie on helping firms adopt new tech tools with Box A.I. Box CEO Aaron Levie joins 'The Exchange' to discuss secure management of data for A.I., employment disruption due to A.I., and how A.I. is being developed internationally.
Persons: Aaron Levie
And so whenever I get one of those notifications, I know I’m going to have a good time there. kevin roose[LAUGHS]: I actually don’t think I could’ve told you what IBM stood for. kevin rooseSo I’ve thought a lot and written a lot about how and when AI actually is a threat to jobs. The third category is just the jobs that I think are going to be protected, the jobs that we won’t let AI do. But I don’t actually think the speed of it matters at all.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBox CEO on 'Box A.I.' and potential downsides of artificial intelligenceAaron Levie, Box CEO, joins 'Closing Bell: Overtime' to discuss the company's new integration with ChatGPT ‘Box AI’.
Box customers testing the product have already experienced “revolutionary” productivity gains, Box CEO Aaron Levie told Reuters. He cited a Box customer whose employees were reviewing tens and thousands of files manually. The new AI features were able to do it automatically “within a matter of seconds.”Box partnered with OpenAI, the AI startup backed by Microsoft Corp (MSFT.O) behind the chatbot sensation ChatGPT, to build the AI enhancements. While Box is initially building its AI offering with OpenAI’s technology, the goal is to allow customers to select among different AI providers, he said. Box said the new AI features include the ability to summarize financial documents, surface insights from customer surveys and tailor onboarding documents to a specific customer's needs.
But, "you do at some point need to start having contact with reality," he told Insider. The plan was still only a rough sketch, Blania told Insider, but that didn't seem to matter to his host. "He always wanted to understand everything at a very deep level," Thrun told Insider in an email. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!
Altman told Insider, "We debate our approach frequently and carefully." "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider. Altman told Insider that his thinking had evolved since those posts. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBox CEO: We're hearing that digital transformation remains a core focus for our customersBox CEO Aaron Levie joins 'Closing Bell: Overtime' to discuss his company's earnings and how A.I. can change the tech sector.
We are focused on our organic roadmap, says Box CEO
  + stars: | 2023-01-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are focused on our organic roadmap, says Box CEOAaron Levie, Box CEO, joins 'TechCheck' to break down his outlook for the company in 2023, after Box was up 18 percent in 2022.
He lost a Twitter poll asking whether he should remain as CEO. Musk reinstated a handful of banned journalists Saturday after he conducted a Twitter poll asking users whether he should uphold the ban. Following backlash, Twitter also quickly rolled back its decision to ban users’ promotion of links to Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr and Post accounts. Won’t happen again.”But after all that, some users are skeptical that Twitter is a platform they want to remain on. “Should I run Twitter ?” Snoop Dogg wrote in a Twitter poll Sunday.
Twitter will no longer allow users to promote their accounts on at least seven other major social media sites, including Facebook, Instagram and Truth Social, the platform announced Sunday. "We recognize that many of our users are active on other social media platforms. However, we will no longer allow free promotion of certain social media platforms on Twitter," Twitter Support tweeted Sunday. Twitter’s rule change left out some major social media platforms, most notably TikTok. Other social media companies have few, if any, rules about users’ posting links to their accounts on other platforms.
OpenAI last week opened up access to ChatGPT, an AI-powered chatbot that interacts with users in an eerily convincing and conversational way. On Monday, Open AI’s co-founder Sam Altman, a prominent Silicon Valley investor, said on Twitter that ChatGPT crossed one million users. It comes from the same company behind DALL-E, which generates a seemingly limitless range of images in response to prompts from users. If you plan to be outside, you should wear a light jacket or sweater, long pants, and closed-toe shoes,” ChatGPT responded. Possible issuesWhile ChatGPT successfully fielded a variety of questions submitted by CNN, some responses were noticeably off.
A decade ago, the big bet in Silicon Valley was that some of the world’s brawniest corporations would be disrupted by nimble, digital-first startups. Mr. Levie: I actually think a large percentage of the Fortune 500 has done this well. And yet I would argue that a large percentage of the Fortune 500 responded well to that threat. Mr. Levie: What Silicon Valley is very good at is delivering world-class digital experiences to consumers and then disrupting entire markets because of that. PREVIEWWSJ: The Fortune 500 is holding its own.
Public cloud companies are seeing plummeting stock prices amid the market downturn. Some cloud companies, like the $4.61 billion cloud-storage firm Box, aren't worried about the dip. It's been a tough year for public cloud companies. The $4.61 billion firm announced a $246 million increase in revenue in its second-quarter earnings, a 15% revenue increase compared to the previous year. To stay profitable, Box cut cloud-infrastructure costs by moving its operations to the public cloud, according to Levie.
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