Robotic Process Automation

“The category is, is one of the fastest growing software categories in the world right now. RPA is growing, As a group, 60, 70% year over year. UiPath is obviously well above that continuing to capture market share.”

“RPA, big category of software, is gonna be obviously reborn.”

“Carl decided that if Sequoia is gonna invest in RPA, he's gonna invest only in UiPath. Even before signing with him, he told me up front, very extreme candor.”

“The challenge with RPA is, you know, RPA is relatively frail. It's often sort of, it's like looking at your computer screen and, you know, performing some kind of wrote, you know, routine actions doesn't handle variability very well. Because there's again, doe…”

“What's the percentage of work done today that's addressable by agents? It's like, A thousand X that maybe? 10,000 X that? I don't know. Something in that order of magnitude.”

“So we are building our agentic AI approach from the ground up, and we gave up on some of our, you know, RPA stuff in order to come on the new technology, New frameworks, building from scratch, because we want to build an AI first experience.”

“I think that I actually am not a big believer in RPA. I think RPA is a, is almost not an AI application in the new sense of AI. It's like AI in the old 10 years ago sense of AI where RPA, RPA is effectively, like, very simple computation.”

“I mean, I think RPA is super interesting, but vision models haven't nearly kept up with the sort of, you know, the way that we've talked about them.”