20VC: Everyone is Wrong; We Will Have More Developers in Five Years | Why Frontier Labs Will Be Way More Valuable Than They Are Today | Are SaaS Companies Cooked: Which Thrive & Which Die with Aaron Levie, Founder at Box

Think I would still be probably loading up on all of the the frontier rounds. These numbers could could continue to get much larger. What we are in is a commercial and economic race. We haven't removed humans from the loop. We've just changed where they enter the loop. Everybody is so myopic about this. I wanna just, like, shake the industry. There are gonna be more lawyers in the next five years than we have today. The workflow needs to be redesigned for agents, not for people. The budget of tokens will have to move out of IT spend and into regular kind of OPEX spend. Is your job harder than ever? Yes. If you're in software or infrastructure or building agents, it's a year of complete unrelenting execution. This is 20 VC with me, Harry Sabings. Now, I think Aaron Levie is one of the luminaries on AI pervading into enterprise and he did a viral tweet the other night and I messaged him and I said, dude, we've got to do a show on this. And I'm so thrilled that he agreed to do it. So this is a show specifically on how AI will impact the biggest enterprises in the world, how agents will be introduced into the largest enterprises, and we couldn't have anyone better than Aaron, founder and CEO of Box, one of the public companies of the last decade. This is an incredible discussion. But before we dive into the show today, did you know the industry average for booking a business trip is forty five minutes? That's a massive waste of your team's time. Well, with Navan, your employees can book a trip in just seven on average. Navan is the AI powered travel and expense platform designed for companies that value efficiency. It drives real business impact through high employee adoption and automated policy control. Now the built in AI approves in policy bookings and blocks the rest automatically. This allows finance teams to stop chasing receipts and skip the month and chaos. And you get this real time visibility that can save your company up to 15% on your travel budget. And that's why leaders like Visa, Stripe, Figma, and even Anthropic rely on Navan these days. Go to navan.com/20vc today to see for yourself, and you'll get a chance to win two business class flights anywhere in Continental US. No purchase necessary. Rules apply. Head over to nivan.com/20bc. Now simplifies the travel. Airwallex simplifies the spend behind it. Founders, let's get real about the growth tax. You've raised VC funding and you're scaling globally, and it's no longer about shipping product. It's about orchestrating operations across continents. But suddenly, your payments and finance stack is choking your growth. You're logging into lots of different banking portals, waiting days for transfers, and reporting across entities. It's operational drag, and it's at your scale. It's costing millions. That's why I'm so excited to partner with Airwallex. Airwallex are more than just …