Wix's CEO runs an AI coding giant. He says the tech still gets 'too much credit.

Wix CEO Avishai Abrahami pushed back on AI hype, arguing AI is unlikely to replace jobs due to frequent mistakes and practical limitations. The comments introduce a cautious narrative around AI-driven automation expectations, but they are not tied to any quantitative company performance change.

Analysis

Wix CEO Avishai Abrahami pushed back on AI hype, arguing AI is unlikely to replace jobs due to frequent mistakes and practical limitations. The comments introduce a cautious narrative around AI-driven automation expectations, but they are not tied to any quantitative company performance change.