AI is given too much credit for what it can actually do—when you look closely at the details, it fails at a lot of things despite being amazing and powerful overall.
Avishai pushes back on AI hype, saying that despite being genuinely powerful, AI still fails at many tasks when examined closely, and people overestimate its current capability. ✦ AI generated
Avishai · 20VC · 2026-07-13 · original ↗
starts at this moment · 37:08
“In three years time, how big will a Wix team be then?”
I think that we all give too much credit for AI and what it can do, right? And and and and when you start looking at the details, it's not really doing that well for a lot of the things. It's amazing. It's incredible. It's super powerful, but and the butt is pretty big.
verbatim transcript · starts at 37:08
37:08>> Well, it's very hard to say, you know. I would love to say well team in 3 years will be a thousand people in B 44 and a thousand people in wakes and everything else would be AI agents. Okay. I'm not so sure it is possible. I I think that we all give too much credit for AI and what it can do, right? And and and and when
37:33you start looking at the details, it's not really doing that well for a lot of the things. It's amazing. It's incredible. It's super powerful, but and the butt is pretty big. >> You need to be more American. Okay. >> All right. All right. AI is the best in the world. It's going to change everything. Everything going to happen and blah and whatever. Well, I'm going to be by myself in the office. Me and or
37:54most of the time we're going to play PlayStation. All right. And this is I don't have anymore. >> Now you're like Sam Alman. Dude, you sell the dream. It's much I've learned this. It's much easier in life to be Walt Disney. tell me a story than it is Jerry Maguire, show me the money. And the trouble with Israeli entrepreneurs, I find is you're all like, "Show me the
38:15money." You're generally not that excitable. You're very realistic. You're very direct. >> Oh, I can tell you what I dream about here, but it's not about AI replacing my customer support. Okay, that's a nice thing to have. I think that we're going to be able to have a way for AI to do so with AI and with technology. Small businesses will be able to achieve so much more than they do today that
38:38they'll be more efficient, grow faster and way more profitable. Right? And I think that is something that I'm sure will happen. Right? So if you are if you run a gym right or or you're personal trainer or your ability to utilize AI to manage your business better to sell additional products and to reach out for new customers will be massively enhanced. Okay. And not in 10 years not
39:05in five years next year and and that will really have a massive effect on how you do things as a small business. So that is true. >> But dude, is that not a little bit um paradoxical? And you're like, it'll have a massive effect next year. Great. I'm a venture capitalist. That means massive revenue growth and my companies grow fast. Cool. But you just said AI is not
- ·We all overrate what AI can actually do
- ·Look closely, it fails at many tasks
- ·Still amazing, incredible, super powerful overall
- ·But the 'but' is pretty big
- ·Public perception: AI can do almost anything
- ·Detailed scrutiny: falls short on many tasks
- ·Gap between perceived and actual capability