Box's Aaron Levie: On Reinventing Yourself in the AI Age and Enterprise Diffusion

Aaron Levie, CEO of Box, details his company's successful pivot to AI, emphasizing the critical role of application companies in bridging raw model capabilities to complex enterprise workflows. He argues that significant value will accrue to "applied AI" solutions that understand domain-specific needs, can handle intricate data permissions, and build specialized agents, rather than relying solely on foundational models. Levie shares insights on the economics of tokens, the rise of open-weight models, and why AI diffusion in coding differs from other knowledge work, predicting that 90% of enterprise tokens will soon be consumed by non-human initiated tasks.