Levie: Restricting tech M&A halts the full cycle of innovation
Aaron Levie · #76: In a World with 99.99% Accurate AI… (feat. Aaron Levie) · More or Less Podcast · Dec 6, 2024 · at 24:15
Box CEO Aaron Levie discusses tech antitrust enforcement and FTC scrutiny of acquisitions with Jessica Lessin, Dave Morin, and Sam Lessin.
0:00 / 0:32exact quote · 32.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“I probably favor more allowance for M&A to happen. I think there's been some kind of, you know, dubious cases around, you know, why can't iRobot get, get bought by Amazon? Why can't Facebook buy Meta, buy, buy the Giphy or whatever, the 50 person VR company? Like, it's very hard to sort of like, you know, take, take what happened with Instagram and then, and sort of imagine like, well, then we shouldn't let any big company buy something early because maybe it will create a monopoly later. Then you really don't get the sort of, The lifeblood and the full cycle of innovation to happen.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Aaron Levie
Levie: Incumbents like Salesforce, Oracle, and Box will capture enterprise AI revenue
“Now it doesn't mean that it's all startups. It's going to be Salesforce and it's going to be service. Now it's going to be Oracle. And it's gonna be box.net which is not our official brand. We, you know, we will capture collectively all of that.”
Levie: AI's current capabilities plus 20% would justify all VC funding
“If I'm wrong and it taps out sooner, then I think you would just have exactly what AI is good at today, plus, you know, 20% or whatever, and then fully extrapolate it out. So, so that, that to me is, that, that pays all the, for all the VC funding.”
Levie: Extrapolating existing AI capabilities would pay for all VC funding
“If I'm wrong and it taps out sooner than I think you would just have exactly what AI is good at today, plus, you know, 20% or whatever, and then fully extrapolate it out. So, so that, that to me is, that, that pays all the, for all the VC funding.”
Aaron Levie: Decentralized internet infrastructure is costly and makes a bad database
“The thing that lost me was when everybody was arguing that, that what we should do is decentralize all of the infrastructure of the internet. That's just literally, it just costs more to then run every internet service. And it's actually not a very good databa…”
Levie: Companies will blow billions training models instantly supplanted by Meta's Llama
“There'll be lots of companies that just blow billions of dollars doing, you know, training runs of a model that get, you know, supplanted instantly by Lama.”
Levie: Token-incentivized social networks fail because later users receive less utility
“I just don't think you can build a social network where financial You know, where monetization or incentives is at the core of the network. I think people have to join these things because they want the utility of whatever the network is. And that is how you s…”