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Equity

Does your CEO have AI psychosis? Aaron Levie thinks most of them do.

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 29 May 2026

⏱️ 38 minutes

🧾️ Download transcript

Summary

The people deciding that AI can replace your job are also the ones least likely to understand what your job truly involves, according to Box founder Aaron Levie, who pointed to this as an example of "AI psychosis.” Indeed, ClickUp recently cut 22% of its workforcefor AI agents, tech layoffs in 2026 are already nearly matching all of 2025, and DuckDuckGo installs are climbing from users who want Google to stop forcing AI into search and just give them links.  On this episode of TechCrunch's Equity podcast, Kirsten Korosec, Anthony Ha, and Sean O'Kane dig into what happens when the AI-pilled and the AI-skeptical are both right at the same time, plus three deals worth knowing about and Waymo's new robotaxi hitting the road.  Listen to the full episode to hear:  Kirsten's first look at Waymo's new Ojai robotaxi in Phoenix, and the crew's thoughts on the company's path to profitability  Cloud data storage giant Snowflake’s $6 billion five-year agreement with AWS  Why Stord, the "anti-Amazon" fulfillment startup, just raised $250 million at a $3 billion valuation  What OpenRouter's $113 million raise says about the picks-and-shovels layer, and how long that interest lasts  How the AI agent wave is actually reshaping hiring, not just headcount  Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.  Chapters:  00:00 Intro  01:18 Waymo's new Ojai robotaxi  06:41 Stord raises $250M to take on Amazon fulfillment  12:46 Snowflake signs $6B deal with AWS  15:39 OpenRouter raises $113M Series B  20:07 The AI divide & anti-AI backlash  27:31 AI psychosis & how AI is reshaping headcount and hiring  37:04 Outro  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome back to Equity TechRunch's flagship podcast about the business of startups.

0:05.5

Today is Friday, May 29th.

0:07.2

I'm Kirsten Koresk, transportation editor here at TechRunch.

0:10.1

And I'm joined, as always, by our weekend editor Anthony Hot and senior reporter, Sean O'King.

0:16.1

Oh, hi, Kirsten.

0:17.4

Oh, hi.

0:20.4

I heard you had a trip this week in something, something special.

0:24.5

Yeah, I did. And for listeners, oh hi is the new name of a rebranded Robotoxi from Waymo,

0:34.4

which is this kind of minivan. They branded it, Ohio, spelled OJ-A-I.

0:44.5

And it's, have you ever been to Ohio, the town?

0:48.1

I have not.

0:48.5

I went once as a kid.

0:51.1

Okay, so it's like artsy, known for food, bucolic, you know, Southern California. Um, and this is what they're calling their newest robotoxy. I kind of think it's a little bit of, you know, let's, let's move away from the Zika branding and, uh, the fact that it's a stripped down version made in China. It's not no tech, apparently, but, you know, I think they're trying to get away from that. But yeah, I got to go to Phoenix yesterday, and yeah, I got a first look, first look and ride. I mean, this vehicle is supposed to be important for a number of reasons. First off, let's take a step back and just think about the fact that Waymo has built what it's built on a bunch of Jaguar eyepaces, which remains one of the funniest things to have happened over the last decade in my view, at least in the transportation world. But, you know, this is clearly important because it's supposed to drive costs down. It's supposed to be a thing that will get them closer to eventually maybe making a profit. There are a lot of estimates out there, but we don't know numbers as far as how much cheaper this thing is to build and maintain versus an eye pace. It gives them a bit more control over it. It's not, you know, as much of an integration headache as I think the eyepace can be. All that's great. And I think that'll bear out as this really hits the road but I want to

2:02.0

know what it was like because like to me this thing looks like it should ride better than an

2:06.5

I pace it also is kind of like you know it looks a little like the grown up version of the

2:13.0

sort of Firefly AV that Google started this all with like 10 or 15 years ago. So tell us,

2:18.5

tell us what the ride was like. Yeah. I, okay, so from the outside, it has a very friendly

2:24.3

look to it, which is, I realize that I'm putting human qualities on a thing that isn't living,

2:30.0

but it is minivan like, but it isn't quite a minivan for a couple of distinct reasons.

2:36.6

It's got this sort of pale blueish color that changes depending on the lighting, which is kind of

2:41.4

nice and calming, I guess. It's got rounded features. It has super low overhangs. Everything about

2:48.7

it makes it feel, you're right, a little bit like a nod to the

...

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