https://www.cnbc.com/2023/05/02/chegg-drops-more-than-40percent-after-saying-chatgpt-is-killing-its-business.html Down 48% today https://www.reuters.com/markets/us/edtech-chegg-slumps-revenue-warning-chatgpt-threatens-growth-2023-05-02/ https://www.foxbusiness.com/markets/chegg-shares-tank-ceo-ai-warning
Sounds like a stupid CEO who says things to tank its stock. A smart CEO would say using AI to expand its content offering.
He did say that
Tank stock. Do a huge buyback. Now say ChatGPT no longer a threat. Stock goes up. winning.
It's a spam company. Yesterday I was using their citation machine and I had to click a 100 ads before I got to a citation that was wrong. Finally I searched stack exchange for the right format. No intrusive ads
U wouldn't be surprised if you prompt a chatgpt for citation
I remember using Chegg to get past year exam papers for undergrad and grad school. Sometimes the same question would show up again. Fond memories.
I am sure you had looked up past Google interview questions as well and some showed up
Why would I need to do that, most companies just ask straight from LC. Google doesn’t anyway, we have a list of banned questions which include most of LC.
Why would they ever admit this ☠️
They’ll get sued if they fail to disclose a material risk in their numbers and guidance
sheesh
I hated Chegg when I was in undergrad, I’m glad is dead
Chegg is awful. The answers they give are never right or are so out of context from how the professors teach. I had a class where 30% of the class got kicked out because the professor looked on chegg and realized the BS answer 30% of students gave was directly copied from chegg.
Lol it's a publicly traded company
$100 dollar stock at one point 🤡
Good for MSFT.
Good for chatGPT. ChatGPT != MSFT. Satya and his marketing team is wildly successful in creating this image.
Microsoft invested $1,000,000,000 into OpenAI. OpenAI relies on Azure. This is definitely a good thing for Microsoft.