20VC: Why AI Cannot Replace Humans in Enterprise | Why Work Processes Not Models Will Be The Most Valuable Asset in AI | Why Europe Has Lost and Building in the US vs EU with Daniel Dines, UiPath

Daniel Dines (0:00)

In my opinion, even the labs in China that are building AI right now, I would classify them as good guys. I've never hidden from my employees that there will be a transformation. Jensen is bound by the success of open source. Models are interchangeable, but the workflow, the map of work and the workflows around the map of work is where the real value is.

Harry Stebbings (0:24)

This is 20VC with me, Harry Stebbings. Now, joining me in the hot seat state is one of my dearest friends and one of the greatest founders of the last decade, Daniel Dines, Found and CEO of UiPath. And today we discuss the biggest questions. What on earth does pacing the frontier mean? Is it even possible? Will we replace humans with AI?

What happens to the pipeline of talent if it narrows down and we have fewer and fewer juniors? What about human consciousness? If we have recursive super intelligence, really being as powerful as frontier model providers say, this is a truth-telling, myth-busting conversation, if I can get myth-busting out, and it's just a fantastic discussion between two old friends on what no one is talking about, but everyone needs to know in the world of AI today. But before we dive into the show today, founders face a different set of challenges at every stage of growth. For Sid Shait, co-founder and CEO of D-Matrix, JP Morgan delivered the guidance and expertise to help navigate what came next. He credits JP Morgan's high touch approach with supporting D-Matrix as it grew and expanded internationally. Whether you're in the early days or expanding into new markets, JP Morgan helps startups navigate complexity with real confidence, offering personalized guidance and deep sector expertise. Find out how JP Morgan helps founders at jpmorgan.com/growwithoutlimits.

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You have now arrived at your destination. Daniel, dude, it is so good to have you in the hot seat. I have been looking forward to this one. So thank you so much for joining me, dude.

Daniel Dines (3:45)

Likewise, dude. It's always a pleasure to be here. And it's the, I think, the hottest moment in technology. So I'm very excited to talk to you and get your perspective also on a lot of topics.

Harry Stebbings (3:58)

It really is the most wild time right now. And so I want to start. You've written a book. A lot of people write books.

With the greatest of respects, you're my friend and I care deeply about you. Why on earth did you decide to write a book as a public company CEO? No offense, you're not doing it for the royalties. Why did you decide to write a book?

Daniel Dines (4:18)

Well, I dreamt to write a book since I was a kid.

And I discovered I have no talent.

Now I got really a great opportunity. Claude and Chad GPT helped me a lot. They were my ghost writers. And it was a good moment actually to put my own ideas in order. Because really when you write something, you get much more clear perspectives on what you are doing. So it was maybe almost six months effort. And I started with different threads of thought. One was, what are the limitations of AI? Is there any durable limitation of AI? Where in a couple of years, there will be millions of Einstein's in the data center, and we can all go to play or do whatever we would like to do because the Einstein's will do the work for us.