State of the Art: Adobe's AI Tool Is Destroying Its Own Stock Photo Business
Adobe’s stock photography business, Adobe Stock, is being eaten alive by Firefly, Adobe’s generative AI engine, notes 247 Wall Street. Firefly is cannibalizing the photo library faster than predicted: Adobe CEO Shantanu Narayen, who announced he is stepping down after 18 years, framed the situation as customers exercising “choice,” which, …
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