> You get AI that can make you like 90% of a thing! 90% is a lot. Will you care about the last 10%? I'm terrified that you won't.
Based on the Adobe stock price the market thinks AI slop software will be good enough for about 20% of Adobe users (or Adobe will need to make its software 20% cheaper, or most likely somewhere between).
Interestingly workday, which is possibly slightly simpler software more easily replicable using coding agents is about the same (down 26%).
The bear case for Workday is not that it gets replicated as slop, but that its “user base” becomes dominated by agents.
Agents don’t care about any of Workday’s value-adds: Customizable workflows, “intuitive” experiences, a decent mobile app. Agents are happy to write SQL against a few boring databases.
Based on the Adobe stock price the market thinks AI slop software will be good enough for about 20% of Adobe users (or Adobe will need to make its software 20% cheaper, or most likely somewhere between).
Interestingly workday, which is possibly slightly simpler software more easily replicable using coding agents is about the same (down 26%).