Constellation Software founder and president Mark Leonard cautioned against trying to predict the future of artificial intelligence.

Constellation Software Inc. CSU-T held a rare conference call on Monday to assuage investor worries about the impact of artificial intelligence on its business. Judging from the market reaction, the company has more work to do.

Founder and president Mark Leonard set up the call after one of Constellation’s largest shareholders requested a question-and-answer session about AI. A serial acquirer of software companies targeting niche sectors, the Toronto-based Constellation has a stellar track record but concerns about the impact of AI have recently dogged its share price, sending it down more than 18 per cent from a high in May.

Constellation’s sto

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