Bernie McTernan: Thanks for taking the questions. Maybe to start, just the double-digit revenue growth guidance to exit the year. Does that imply anything for an improvement in the macro? And then second, just on AI, we get this question a lot, just whether it’s a friend or a foe for Fiverr. Long-term, how do you think AI will impact the use case for freelance talent? And do you guys have an estimate for what percent of the gigs on your platform could be impacted by AI? Thank you.
Ofer Katz: Hi, Bernie, on the first question, I think that we guide for 2023 with the assumption that the first quarter is going to be more challenging in terms of growth because of two reasons. The first is comp both but also because of the stabilization of cohort of the COVID. Looking into the end, yes, we do expect double-digit and the guidance as a whole doesn’t include any rebound or change in the macro environment. In such event that happened, definitely be one of the first companies to enjoy to see the impact. I think the combination of the healthiness of the business, the ability to scale really fast when there is an opportunity is unmatched in our industry. So that I think maintaining a very healthy business and pretty good profitability scenario give us a very good head up when time will change. But in terms of 2023 guidance, it doesn’t include such rebound or swing up of the existing macro economy.
Micha Kaufman: Bernie, let me address the question about AI. So when I think about AI, AI is definitely more a friend than a foe. And being a techno optimist, I always think that technology can be there for the benefit of the commodity for progress. And in general, when I think about AI, it’s definitely a step function in computing but really what’s interesting is how humans use these tools to produce new things. And that could be around writing. That could be around graphic design. That could be about video editing, in many other fields. I think that there’s a natural evolutionary step between generations. I mean when I’m looking about the amount of jobs that passed through generations from my grandfather to my father or from my father’s generation to mine, obviously, some jobs become obsolete.
But my view is that the new jobs created will far exceed those impacted by AI. And actually, if you think about AI specifically, it’s already generating thousands of jobs in just training AI. And then it’s about optimizing it. And then it’s about creating use cases for it. And what we’re seeing in the marketplace right now is that there is a new cohort that is growing very, very fast of AI experts. Because even though the output that AI is producing is very impressive, probably what you and I can produce with it is pretty mediocre. And to really get to breathtaking results, you need experts that know how to operate these tools. So sound very excited about AI and right now, we’re mostly enjoying the upside of being probably the first marketplace in the world to include these new professions and being the first place in the world where you can find and access these professions.
And we see the increased demand for those professions. So we’re very happy with that.
Operator: Thank you. We now have Matt Farrell of Piper Sandler. Please go ahead when you are ready.
