HNGlance

Top Best New Show

Education companies’ shares fall sharply after warning over ChatGPT

https://www.ft.com/content/0db12614-324c-483c-b31c-2255e8562910

by ZeljkoS • 3 years ago

5 2 3 years ago

FT

Related Stories

Loading related stories...

Comments

2

ZeljkoS• 3 years ago

https://archive.is/0R7yc

codeDruid• 3 years ago

I believe the real devil is in the details - in the article:

"He added that the threat from generative AI is not the only challenge for Chegg, which struggled to maintain its rapid growth as learning moved online during the Covid-19 pandemic."

Perhaps ChatGPT in this instance is a scapegoat. Having worked in a company where stock price experienced explosive growth during the pandemic, it was really hard for everyone, investors and workers to swallow that it was not "real" per se, just inflated over the uncertainty of what might life look like if covid would stay forever. Chegg, the company from the article just could not offer the same growth after the pandemic.

Source preview

ft.com

HNGlance

© 2024-2026 HN Glance. Story content belongs to its original sources.

Privacy
Terms