Constellation Software's AI Conference Call

An uncommon dose of humility and skepticism on what's going on right now

Yesterday, CSI (Constellation Software) hosted a conference call on the impact of AI. Last week, Mark Leonard addressed the necessity to do this.

One of our largest shareholders asked CSI for a question and answer session regarding AI’s impact on software businesses. We felt that the discussion would inevitably turn from the general to the CSI-specific, so we suggested a webcast where all shareholders would be able to pose questions. This is a nice example of an enterprising shareholder catalysing corporate action that benefits all shareholders.

AI has created uncertainty for our employees, shareholders and customers. CSI management don’t purport to know the future of AI. We have a group of AI specialists throughout CSI. They don’t know the future of AI, either. They do, however, help us monitor our AI progress and that of AI generally in our marketplaces.

In this article, we’re going to present the call highlights, how CSI’s situation is somewhat similar to two of our other companies (although operating in a completely different industry), our valuation model, and final thoughts.