Adobe Struggles To Assure Investors That It Can Thrive in AI Era (msn.com)
- Reference: 0179922074
- News link: https://slashdot.org/story/25/10/31/1338224/adobe-struggles-to-assure-investors-that-it-can-thrive-in-ai-era
- Source link: https://www.msn.com/en-us/technology/artificial-intelligence/adobe-struggles-to-assure-investors-that-it-can-thrive-in-ai-era/ar-AA1PzcRV
> Adobe brought together 10,000 marketers, filmmakers and content creators to its annual conference this week to persuade them that the company's software products are adapting to AI and remain the best tools for their work. But it's Adobe's investors, rather than its users, [1]who are the most skeptical that generative AI technology won't disrupt the company's business as the top seller of software for creative professionals.
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> Despite a strong strategy, Adobe is "at risk of structural AI-driven competitive and pricing pressure," wrote Tyler Radke, an analyst at Citigroup. The company's shares have lost about a quarter of their value this year as AI tools like Google's video-generating model Veo have gained steam. In an interview with Bloomberg Television earlier this week, Adobe Chief Executive Officer Shantanu Narayen said the company is undervalued as the market is focused on semiconductors and the training of AI models.
[1] https://www.msn.com/en-us/technology/artificial-intelligence/adobe-struggles-to-assure-investors-that-it-can-thrive-in-ai-era/ar-AA1PzcRV
Time to go open source? (Score:2)
Unlikely to happen, but it's better than losing it all in an AI-induced bankruptcy.
Re: (Score:2)
For dealing with pdf files I use Okular on both windows and linux. Nothing beats the loading speed and even searching for text in long documents is fast.
The suite is too expensive. Alternatives are free. (Score:2)
I love the adobe creative suite and their online services. But i have been looking at alternatives at they keep raising their prices above inflation. As a loyal customer (20 years) I see no reason to pay more every year.
There are free or much cheaper alternatives that offer the same functionality.
Re: (Score:2)
> I love the adobe creative suite and their online services. But i have been looking at alternatives at they keep raising their prices above inflation. As a loyal customer (20 years) I see no reason to pay more every year. There are free or much cheaper alternatives that offer the same functionality.
It is good software. But they are being short sighted. They are making for a smaller and smaller users group. Like production houses for which the monthly extortion is a rounding error. Not me and my type who are using it more casually - I do movies, run some web sites, create forms, and mess with audio, but not as a career.
After Adobe telling me that my academic credentials were expiring (weird because they've not changed) and that I was going to have to pay full price, which is double - I'm having my IT
Meanwhile... Penpot 2 has added AI (Score:2)
Open source Figma competitor has just [1]added MCP server support, [penpot.app] allowing designers and coders to design and code user interface with support from any AI agent.
[1] https://community.penpot.app/t/penpot-mcp-server-showcase-ask-for-help/10040
PHB-to-English Translation: (Score:2)
"Sorry, we used the wrong buzzwords & PHBese, making shareholders nervous. Therefore, we are issuing new buzzwords & PHBese to describe our shrinkage without directly admitting we are shrinking."
CORRECTION (Score:1)
This was meant for the Amazon article, not Adobe. I apologize.
The real problem are subscriptions (Score:3)
Once you reach market saturation on ethically-licensed software, you can't grow, so you have to get everyone using a subscription to give the appearance of growth. At some point, though, everyone has "upgraded" to the subscription model, and you've once again slammed into the wall of no additional customers that need your product. It's all downhill from there. Rather convenient that this AI crap came around exactly at the time the companies that switched to subscriptions were at their saturation points and needed a new subscription to sell.
Also, Adobe has, in fact, been on the AI bandwagon, it's just nobody wants the crap.
Good (Score:3)
Stopped using modern Adobe when they went to subscription service.
PS 2.5 and IL 5.5 on my Quadra 650 with it's Agfa tabloid scanner does everything I really need.