WEBVTT - Salesforce CEO Marc Benioff Talks AI Strategy

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News. Market's always great to

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<v Speaker 1>be here with you at Dreamforest. At the start of

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<v Speaker 1>the show, the rock star of the show, thank you

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<v Speaker 1>agent for us, of course, and you rolling that out

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<v Speaker 1>is a big thing. I've been talking to some of

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<v Speaker 1>your customers. They're very excited. Tell us about what lllms

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<v Speaker 1>you built this on. Is it open AI as it is.

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<v Speaker 2>I've never seen the customers more excited. And the reason

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<v Speaker 2>why is these customers have been convinced something that's not true,

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<v Speaker 2>that they have to buy an LLM, they have to

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<v Speaker 2>go to a hyperscaler, they have to get a database,

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<v Speaker 2>they have to buy a security technology, they have to

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<v Speaker 2>choose a chip, they have to hook it all together themselves,

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<v Speaker 2>they have to deiy their AI. It's not true. You

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<v Speaker 2>do not have to diy r AI. And when we

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<v Speaker 2>started the show, they didn't really believe it. So that's

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<v Speaker 2>why we created a whole factory across the street as

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<v Speaker 2>you saw in Moscowne West, where we have put more

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<v Speaker 2>than ten thousand customers through already to show them that

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<v Speaker 2>on the Salesforce platform, which they've already been committed to

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<v Speaker 2>for more than twenty years, had great success in sales

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<v Speaker 2>and service and marketing and communications and commerce and analytics

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<v Speaker 2>and Slack and all of these technologies that now they're

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<v Speaker 2>also building AI. And this is a shock to them,

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<v Speaker 2>and it's exciting for us because we're showing them how

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<v Speaker 2>once again we're future proofing their company with the Salesforce platform.

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<v Speaker 1>So you've basically di wied it for them, software company.

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<v Speaker 1>What models you've built it on?

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<v Speaker 2>Is it? We have our own? We have many and

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<v Speaker 2>they don't need to know. And they don't Why what

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<v Speaker 2>chip am I using? You know, what hyperscal are? They

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<v Speaker 2>don't care. They don't care what I'm using. You know,

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<v Speaker 2>it's like what type of flowers in the cake? What

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<v Speaker 2>kind of sugar did I buy at the store? Why

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<v Speaker 2>does it matter? Do you like the cake? Is this

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<v Speaker 2>is the final product that you like?

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<v Speaker 1>All right?

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<v Speaker 2>And I think that for our customers, they don't want

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<v Speaker 2>to know all the pieces. They want to know does

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<v Speaker 2>this work? And can they make a greater success for

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<v Speaker 2>their own companies? And so when you see like a

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<v Speaker 2>company like you know, Wiley, who's here and they're like

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<v Speaker 2>lower their cost by fifty percent day one, right, And

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<v Speaker 2>that is the power of technology that we're going to

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<v Speaker 2>help them make it easier for them, lower their cost,

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<v Speaker 2>deliver a high ROI and the Salesforce Platform just delivered

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<v Speaker 2>that FROMIL.

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<v Speaker 1>So let's talk about how it works. You know a

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<v Speaker 1>lot of companies are rolling out agents now service now, Microsoft,

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<v Speaker 1>how do we know this isn't just another buzzword like copilot?

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<v Speaker 2>Well, I think you know that, I think and we

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<v Speaker 2>all know now that Microsoft Copilot is basically the new

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<v Speaker 2>Microsoft Clippy that customers have not gotten value from it.

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<v Speaker 2>You know, these llms, this is like we're selling science

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<v Speaker 2>projects to companies and they're tired of it. They have

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<v Speaker 2>not gotten the value, which is why you see these

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<v Speaker 2>customers so excited. They're coming here and they're getting immediate

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<v Speaker 2>value and they're able to use this next generation platform

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<v Speaker 2>to do everything that they've heard that's possible. Create an

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<v Speaker 2>agent is a great example. How do I find tune

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<v Speaker 2>an agent? How do I create guardrails for an agent?

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<v Speaker 2>How do I ground an agent? And data? Well, all

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<v Speaker 2>the data is in the Salesforce platform. All of the

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<v Speaker 2>metadata is there, the logic is there, the workflow is there.

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<v Speaker 2>They're just adding agents into their existing workflow and no

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<v Speaker 2>one knew it was possible before the show, so we

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<v Speaker 2>knew that because we hadn't created the product. And now

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<v Speaker 2>it's so exciting because we've onboarded tens of thousands of

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<v Speaker 2>customers and we've convinced them you don't need a DIY

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<v Speaker 2>your AI. You can just use and you're going to

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<v Speaker 2>get the best AI, the highest accuracy, the lowest hallucination rate.

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<v Speaker 2>Our customer are saying in many cases it's two x

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<v Speaker 2>the accuracy of the best models.

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<v Speaker 1>So look, you know it's not all ways going to

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<v Speaker 1>be smooth sailing. Disney actually just announced they've dropped Slack

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<v Speaker 1>because they got hacked and said they're switching to an

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<v Speaker 1>enterprise wide collaboration tool, which sounds maybe like Microsoft, what

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<v Speaker 1>are you doing to improve Slack security and what's your

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<v Speaker 1>response to that?

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<v Speaker 2>Well, listen, I think our security is rock solid. This

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<v Speaker 2>is really important, and also there's no finish line when

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<v Speaker 2>it comes to security. But companies have to also take

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<v Speaker 2>the right measures to prevent phishing attacks and to lock

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<v Speaker 2>down their employees from social engineering. So we can do

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<v Speaker 2>our part, but our customers also have to do their part.

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<v Speaker 2>That's extremely important. But the second thing that's important is

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<v Speaker 2>over twenty five years, we've shown that this model is

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<v Speaker 2>the most trusted, most secure, most capable model. Disney's a

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<v Speaker 2>great example. They run the Disney Store on Salesforce, the

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<v Speaker 2>Disney guides are on Salesforce, all of the sales and

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<v Speaker 2>service operations Disney plus call center and contact centers on Salesforce.

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<v Speaker 2>We are the customer service capability and they're the proving

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<v Speaker 2>ground actually for our new AI system. So our next

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<v Speaker 2>generation AI was actually proven at Disney. It's amazing. They've

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<v Speaker 2>shown us incredible metrics and I'm really looking forward to,

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<v Speaker 2>you know, future success with Disney. But it's incredible that

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<v Speaker 2>customers are able to see this value from these platforms.

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<v Speaker 2>This is that's what's really exciting.

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<v Speaker 1>And let's talk about the money, because I'm curious about

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<v Speaker 1>how you got to this two dollars per conversation and

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<v Speaker 1>just how much additional revenue you think agent Force is

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<v Speaker 1>going to drive.

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<v Speaker 2>Well, Look, our goal is very simple. We want to

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<v Speaker 2>get what we call a billion agents you know, in

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<v Speaker 2>place for our customers within the next twelve months. And

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<v Speaker 2>that means we're going to have to deploy it in

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<v Speaker 2>one hundreds of thousands of customers, okay, and get them

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<v Speaker 2>all to roll this out to build this huge blanket

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<v Speaker 2>with all of their conc and of course the funny

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<v Speaker 2>thing is, we say a billion agents, but you know

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<v Speaker 2>it's only one piece of code. The Salesforce platform is

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<v Speaker 2>automating all your customer touch points, building a huge data

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<v Speaker 2>cloud and all your agents, but it's all one piece

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<v Speaker 2>of code that you're just connected to. And that idea

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<v Speaker 2>that it's one piece of code, well then we're of course,

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<v Speaker 2>you know, we've always charged you know, per email or

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<v Speaker 2>per commerce transaction, and now per conversation. It's consumption pricing.

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<v Speaker 2>In some cases it's per user pricing, like in our

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<v Speaker 2>sales cloud or our service cloud, so it's a mix

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<v Speaker 2>of two different pricing models. But we're of course work

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<v Speaker 2>with our customers, and you know, we have tens of

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<v Speaker 2>thousands of customer facing professionals who work with them to

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<v Speaker 2>make the right agreement with our customers every single time.

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<v Speaker 1>All right, Well, it's great to be with you here

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<v Speaker 1>in person, and.

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<v Speaker 2>To always fun to be with you, Agent Thrill, you

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<v Speaker 2>could come back.

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<v Speaker 1>Salesforce Chair CEO and founder Mark Benioff, good to have

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<v Speaker 1>you