AI won’t ‘kill’ shopify but will ‘compress’ its moat: Eric Jackson
Hedge fund manager Eric Jackson warned that AI is rapidly commoditizing Shopify core tools, shrinking its competitive moat unless the company pivots faster. He said Shopify won't die but risks losing relevance, noting former COO Kaz Nejatian left for Opendoor to join a higher-growth housing and AI space. Shopify AI investments haven't restored its earlier growth pace.