20VC: UiPath's Daniel Dines on Why Agents Do Not Mean RPA is F***** | Why We Have Reached the Upper End of Scaling Laws | The Future of Work in an Agent World and What Everyone Misunderstands About Enterprise AI

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

Daniel Dines is the Founder & CEO @ UiPath, one of the most incredible journeys in startups. For 10 years, UiPath was a bootstrapped company that scaled to just $500K in revenue. Then it all changed, product market fit became obvious and the rest is history. The company went on to raise funding from Sequoia, Accel, Kleiner Perkins and more. Today, the company is worth over $10BN, listed on the NASDAQ and does $1BN+ in revenue.

In Today’s Episode with Daniel Dines We Discuss:

1. The Future of LLMs:

• Why does Daniel believe that we are at the upper end of scaling laws and more compute will not lead to increased performance?

• Does Daniel believe we will see a world of many specialised models or fewer generalist models?

• OpenAI, Anthropic, Xai. Which would Daniel most want to invest in? Why them?

2. Is RPA F******* in a World of Agents:

• What is the core difference between RPA and agents? How do the tasks they complete differ?

• Why must we have a neutral meta layer coordinating RPA processes and agents?

• Why will siloed applications like Salesforce be unable to expand beyond their initial function?

• Why does Daniel believe that agents will not complete tasks but make recommendations?

3. The Future of Work: WTF Happens with Agents:

• How long will it be before agents are fully utilised in the enterprise?

• What is the role of the human in a world of agents?

• What are the single biggest concerns of enterprises considering implementing agents in their companies?

• Why has GenAI not been successful in enterprise so far? Will this change?

4. Daniel Dines: The Billionaire Behind the Brand:

• How does Daniel deal with the loneliness of being CEO?

• What problem did Daniel struggle with for much of his twenties and thirties? How did he overcome it?

• Why does Daniel fear that he is becoming more and more disconnected?

• Why does Daniel believe 1-1s are BS?

• What is Daniel’s single biggest advice to a new parent today?