Wix CEO Admits AI Is Less Terminator, More Clumsy Intern
KEY POINTS
- ā¢Avishai Abrahami, Wix CEO, said July 2026 AI is overhyped and often makes silly mistakes.
- ā¢Wix acquired vibe-coding platform Base44 for $80 million last year, investing $200 million more into it.
- ā¢Despite double-digit Base44 growth, Wix shares fell nearly 50% amid fears AI-powered products threaten their business.
Avishai Abrahami, Wix's CEO who dropped $80 million on the vibe-coding startup Base44 plus another $200 million trying to turn AI into a coding wizard, admits AI still flubs the basics ā like building anything 'complicated' or editing visuals without constant headaches. On the '20VC' podcast July 2026, he put AI on notice for its 'silly mistakes' and failure to replace white-collar jobs anytime soon, despite tech hype. Meanwhile, Wixās shares have tanked nearly 50% this year amid āSaaSpocalypseā fears, even though Base44 is oddly growing. Apparently, AIās greatājust not great enough to kill real jobs or silent humans anytime soon.
Share the Story
(1 of 3)Wix CEO just admitted AIās biggest talent is messing up so badly no oneās losing jobs yet. Surprise, surprise.
Spent $280 million to teach AI coding and itās still less reliable than my autocorrect on a Monday morning.
Wix CEO basically said AI canāt vibe-code Shopify, but at least itās great at breaking stuff elegantly.
Source: Businessinsider | Published: 7/14/2026 | Author: Shubhangi Goel
More Articles in Technology
Lindsey Vonn Misses Training Focus, Now Distracted by Actual Life
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Chinese AI Rebels, Masks Mystery Model as Ox Alpha to Troll Tech Giants
Google Releases Gemini 3.8 Flash Because Speed Killsā¦Impatience
OpenAI and Rival Anthropic Hold Hands, Warn AI Hackers Are Coming
Speedoās Goggles Just Got Smarter Than Most Swim Coaches
Pixel Watch Judges Sleep While You Judge Its Judgment
