Workday Co-CEO Argues For AI Responsible Safeguards And Why We Can’t Over Regulate New Tech

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Forbes

Business News, Business, News, Entrepreneurship

4.8 • 6 Ratings

🗓️ 21 January 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Eschenbach is co-CEO at Workday, and has been a member of the company’s board of directors since 2018.Prior to Workday, Carl was a general partner at venture capital firm Sequoia Capital since April 2016. Previously, Carl spent 14 years at VMware, Inc.—a global virtual infrastructure software provider—in various roles including president, chief operating officer, acting chief financial officer, and executive vice president of worldwide field operations. Prior to joining VMware in 2002, Carl held various sales management positions with Inktomi; 3Com Corporation; Lucent Technologies, Inc.; and EMC. Throughout his career, Carl has been an active board member for leading technology companies including Aurora Innovation, Inc.; Palo Alto Networks, Inc.; Snowflake, Inc.; UiPath, Inc.; and Zoom Video Communications, Inc. Carl also continues to stay involved with Sequoia in a venture partner capacity.Carl received an Electronics Technician diploma from DeVry University. Workday CEO Carl Eschenbach sat down with Forbes Assistant Managing Editor Diane Brady to talk about AI and the trust gap it can create, how ti bridge those gaps, and why we can’t over-regulate AI. Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everybody I'm Diane Brady. We're here in Davos and Carl Eschenbach who is the co-seo of Work Day soon to be CEO weeks away.
0:10.0	I'm going to call you Davos man here. Tell, tell you what it is... Thank you for that, but I'm going to call you Davos man here.
0:12.6	Oh Diane, thank you for that, but I'm not Davos man.
0:15.8	I don't know if that's good or bad, but thank you for having me.
0:18.9	Yeah, good to see you.
0:19.8	So tell me what has been your impression so far? It seems to be a little bit of a doom and
0:24.6	gloom dabbles. Is that fair to say?
0:27.8	I don't know if I say it's doom and gloom if I'm honest. I think, you know, when I look at it, we're
0:32.2	very cautiously optimistic about this
0:34.5	coming year when I was here last year I would say there was a lot of more doom and
0:39.0	gloom than there is this year this year this year as I've gone to events and I was at a CEO dinner there was a lot more
0:45.0	optimism about 2024 than 2023 and we think that is the case. When we think about the market
0:52.0	right now Diane we see a tremendous amount of
0:54.4	momentum in our business and we think it's going to carry through to 2024 and I think
0:59.7	it's just because quite frankly our value proposition continues to resonate with our
1:04.3	customers and prospects. Let's dig a little deeper here. First of all you've got a
1:08.8	presence here at Davos. Yes. Talk about the importance of Dados as an institution because it is one of those ones people look at and they sort of think,
1:17.2	is it like an elite gathering, you know, at a ski resort in Switzerland?
1:21.0	What's the value for you to be here?
1:23.0	I think there's multiple points of value.
1:25.0	First, branding, right?
1:27.0	Having a, you know, a storefront here on the main strip is very important.
	...

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