Satya Nadella: belief

Transcript context

…SaaS as an industry might be worth hundreds of billions to trillions of dollars a year, depending on how you count. If really that can just get collapsed by AI, is the next step up in your next decade 10X-ing the market cap of Microsoft again? Because you're talking about trillions of dollars... It would also create a lot of value in the SaaS. One thing we don't pay as much attention to perhaps is the amount of IT backlog there is in the world. These code gen things, plus the fact that I can interrogate all of your SaaS applications using agents and get more utility will be the greatest explosion of apps, they'll be called agents, so that for every vertical, in every industry, in every category, we're suddenly going to have the ability to be serviced. So there's going to be a lot of value. You can't stay still. You can't just say the old thing of, "Oh, I schematized some narrow business process, and I have a UI in the browser, and that's my thing." That's ain’t going to be the case. You have to go up-stack and say, "What's the task that I have to participate in? " You will want to be able to take your SaaS application and make it a fantastic agent that participates in a multi-agent world. As long as you can do that, then I think you can even increase the value. Can I ask you some questions about your time at Microsoft?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.