Box CEO Aaron Levie highlights a growing disconnect in Silicon Valley regarding AI. He states many tech executives misunderstand AI's full scope and practical challenges. CEOs often see only the "happy path" of AI, ignoring the extensive work required for sustainable results. This limited view contributes to widespread tech industry layoffs. Companies like Meta and Wix have recently reduced their workforces, partly attributing cuts to AI efficiencies.
https://fortune.com/2026/05/29/box-ceo-aaron-levie-ai-psychosis-jobs-layoffs/