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How ChatGPT Brought Down an Online Education Giant
lundi 11 novembre 2024, 16:26 , par Slashdot
Then came ChatGPT. Suddenly students had a free alternative to the answers Chegg spent years developing with thousands of contractors in India. Instead of 'Chegging' the solution, they began canceling their subscriptions and plugging questions into chatbots. Since ChatGPT's launch, Chegg has lost more than half a million subscribers who pay up to $19.95 a month for prewritten answers to textbook questions and on-demand help from experts. Its stock is down 99% from early 2021, erasing some $14.5 billion of market value. Bond traders have doubts the company will continue bringing in enough cash to pay its debts. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/11/11/1525223/how-chatgpt-brought-down-an-online-education-giant?...
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jeu. 21 nov. - 14:23 CET
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