Under the hood of the AI economy: Databricks CEO Ali Ghodsi

The podcast explores the transformative impact of AI on enterprise software, focusing on how AI agents are increasingly building databases and creating software in-house for both tech and non-tech companies. Databricks CEO Ali Ghodsi shares insights on investor concerns about circular AI funding and the potential disruption of traditional systems of record. He notes the rise of AI-driven interfaces and lake bases challenging established user interfaces and databases. Ghodsi highlights the increasing use of AI by knowledge workers, citing Databricks' Genie product as an example of AI providing quick data insights. He also addresses the cost pressures from AI, with companies like KPMG leveraging AI to lower vendor fees and Royal Bank of Canada using AI for rapid equity research.