Will Adobe's senior management team say that generative AI is a headwind to Adobe by Sep 2024?
15
87
860
Oct 1
11%
chance

If Adobe senior management team, in a call to the market (press releases, earnings calls, investors days...) says that generative AI is affecting their business in a bad way (ultimately in a significance that will make Adobe make meaningfully less money selling Creative Cloud), this market resolves to YES.

I'll rely on my judgment, specialized financial media, and Wall Street sellside to adjudicate.

I won't bet on this market.

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Adobe employees have internally discussed their anxiety that the company’s rush into AI tools may be a threat to their graphic designer customer base, according to Business Insider. This is of course the Catch-22 I’ve covered many times concerning our choice to fight or embrace AI to move to higher levels of value add. From the article: “Other messages in the Adobe Slack channel were more critical of the AI revolution, calling it ‘depressing’ and an ‘existential crisis’ for many designers. One person said some artists now feel like they are ‘slaves’ to the AI algorithm, since their jobs will mostly involve just touching-up AI-generated work. Some had a more positive view. Photoshop made artists more productive, and AI will only increase their efficiency, they said. One person said many freelancers and hobbyists will benefit from the increased output, even if some companies reduce their design workforce.”

Bloomberg: ADOBE INC SAYS "Adobe's Innovation positions us to lead in the new era of generative AI."

Good short idea.

@Gigacasting so help the group to have an idea of how likely it is

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