Aaron Levie is the Co-Founder and CEO of enterprise cloud platform Box. He discusses how incumbent Robotic Process Automation vendors (such as UiPath) will fare as AI agents emerge.
“Yeah, I mean, actually, I think being an incumbent RPA vendor is, is actually a great spot because if you already are talking to customers about literally automating business processes and workflows, and there's just a better way to do that and there's nothing in conflict with their business model. In fact, if anything, actually, they probably were the first to have more of a consumption oriented, you know, kind of model for automation. So I think you could be very bullish on RPA vendors right now.”
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More from Aaron Levie
PredictionNot checkable as stated
Levie: Incumbents will capture AI value as effectively as startups
“That is as much going to be an incumbent's game as a startup's game this time around.”
Aaron LevieMay 22, 2024▶ 0:09Aaron Levie: How the Business Model of SaaS Changes Forever & Startups vs Incumbents:Who Wins?|E1155 · 20VC with Harry Stebbings
PredictionNot checkable as stated
Levie: One-person billion-dollar AI startups will be rare novelties
“There's a lot of belief that like, oh, well, well, you might have these solo companies that, you know, become multi-billion dollar companies with just one person or, you know, three people and a bunch of AI. I think that will be done, you know, just by virtue …”
Aaron LevieMay 22, 2024▶ 17:57Aaron Levie: How the Business Model of SaaS Changes Forever & Startups vs Incumbents:Who Wins?|E1155 · 20VC with Harry Stebbings
PredictionOpen · timeframe Apr 2031
Levie: There will be more lawyers in 5 years than today
“There are going to be more lawyers in the next five years than we have today.”
Aaron LevieApr 20, 2026▶ 0:40Aaron Levie: Everyone is Wrong; We'll Have More Developers in 5 Years · 20VC with Harry Stebbings
Opinion
Levie: US-China AI race is commercial, not existential
“You know, the idea that we're in some kind of, you know, kind of race, existential race where a month or two of advantage is gonna, you know, change the total outcome of AI progress and what everybody does between us and China. I just don't agree with, I think…”
Aaron LevieApr 20, 2026▶ 2:42Aaron Levie: Everyone is Wrong; We'll Have More Developers in 5 Years · 20VC with Harry Stebbings
PredictionOpen · timeframe Apr 2031
Levie: Box will have more software engineers in five years
“We will.”
Aaron LevieApr 20, 2026▶ 5:23Aaron Levie: Everyone is Wrong; We'll Have More Developers in 5 Years · 20VC with Harry Stebbings
PredictionNot checkable as stated
Levie: Only 1 to 3 independent horizontal LLM startups will reach scale
“But I think for like the pure play horizontal LLMs we, I think those will largely be subsumed by the big players with maybe room for one, two, three independent companies at scale that are not in the hyperscalers, but there will not be room for 50 companies. T…”
Aaron LevieMay 22, 2024▶ 4:31Aaron Levie: How the Business Model of SaaS Changes Forever & Startups vs Incumbents:Who Wins?|E1155 · 20VC with Harry Stebbings
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