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Wix CEO: AI is Overhyped

Avishai Abrahami highlights the limitations and mistakes of AI.

Business Insider1 min

1The Overhype of AI

Wix CEO Avishai Abrahami says artificial intelligence is overhyped in the tech world. Abrahami doubts AI's ability to take over jobs and points out frequent mistakes.

2Base44 Investment

Wix acquired the vibe-coding platform Base44 for $80 million and invested $200 million into the platform. However, Abrahami highlights the limitations of AI in complex projects.

3Customer Support Experience

Wix had to develop its own system after being dissatisfied with off-the-shelf AI customer support systems. Abrahami states that he is not prioritizing replacing human support with AI.

4AI's Mistakes

Abrahami mentions that AI frequently makes silly mistakes and is not smart enough to take over every kind of white-collar job.

5Wix's Tough Year

Wix's shares have fallen nearly 50% amid fears that AI-powered website builders will erode its core business. However, double-digit revenue growth was reported from Base44.

6The Real Role of AI

Abrahami emphasizes that AI is overhyped in the tech world and it's important to understand its true potential limits. He expresses doubts about AI replacing humans.

Original article: Business Insider — Wix CEO'si: Yapay Zeka Fazla Abartılıyor