this post was submitted on 04 Sep 2024
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222
Canva says its AI features are worth the 300 percent price increase (www.theverge.com)
submitted 1 month ago by [email protected] to c/[email protected]
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The price of some Canva subscriptions are set to skyrocket next year following the company’s aggressive rollout of generative AI features. Global customers for Canva Teams — a business-orientated subscription that supports adding multiple users — can expect prices to increase by just over 300 percent in some instances. Canva says the increase is justified due to the “expanded product experience” and value that generative AI tools have added to the platform.

In the US, some Canva Teams users are reporting subscription increases from $120 per year for up to five users, to an eye-watering $500 per year. A 40 percent discount will be applied to bring that down to $300 for the first 12 months. In Australia, the flat $39.99 AUS (about $26 USD) per month fee for five users is switching to $13.50 AUS (about $9 USD) for each user. That means a team of five will pay at least 68 percent more, not withstanding any other discounts.

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[–] [email protected] 12 points 1 month ago (1 children)

Pay three times as much for a "feature" nobody asked for.

[–] [email protected] 10 points 1 month ago* (last edited 1 month ago)

A feature that has been shown to actively put people off your product. But in the end these companies would rather have investors than users, and it's the investors they're marketing to.