Martin Casado speaks with George Fraser, cofounder and CEO of Fivetran, about the future of data infrastructure in the age of AI.

The conversation covers Fivetran’s merger with dbt, the changing role of data platforms, and why Fraser believes many companies are overestimating the

threat AI poses to enterprise software. They discuss open data access, the backlash against AI agents accessing systems of record, and why businesses

still need centralized data foundations even as agent-based workflows become more common.

Along the way, Fraser shares his views on data gravity, coding agents, enterprise AI adoption, and how AI is changing the way software companies build and operate products.

Timestamps: 00:00 - Intro 00:55 - AI Agents Need Context 03:36 - SaaS Lockdown Backlash 10:21 - Open Data Playbook 19:47 - Enterprise Agents in

Practice 27:06 - Minimal Agents vs MCP 29:01 - SaaSpocalypse and AI-Native Threats 35:07 - AI Boosts Data Foundations 39:26 - dbt Merger and CEO

Outlook

Resources: Follow George Fraser on X: https://x.com/frasergeorgew Follow Martin Casado on X: https://x.com/martin_casado

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