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‘AI honeymoon is over’, Canva co-founder declares

AI is the darling of the technology world at the same time as margins are under pressure and AI start-ups are folding. How can both be true at once?

Nick Bonyhady
Nick BonyhadyTechnology writer

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It’s a safe bet that more people have used the generative AI tools in Canva’s products than those from any other Australian company.

But the company’s co-founder, Cliff Obrecht, has a warning: “The AI honeymoon is over.”

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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com

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    Original URL: https://www.afr.com/technology/ai-honeymoon-is-over-canva-co-founder-declares-20240327-p5ffps