Monthly Archives: May, 2023

ChatGPT has sent online learning giants into a tailspin. Chegg, a Silicon Valley-based edtech company, reported that they saw a decrease in new customer growth following the emergence of AI-generated chatbots. Pearson, another edtech company, saw a 15% drop in their London share price. This news has shown the potential effect AI chatbots can have on businesses, with companies providing services such as online homework and course materials being particularly vulnerable. Chegg introduced their own robot `CheggMate' to stay competitive in the market.

. OpenAI has developed a great tool called ChatGPT, which is a Natural Language Artificial Intelligence with numerous capabilities. OpenAI has implemented several limitations to ensure ChatGPT does not do anything inappropriate. This includes avoiding political debates, promoting harm, etc. Microsoft has updated ChatGPT with ethical safety measures; GPT-4 is exclusive to ChatGPT Plus. ChatGPT is powered by OpenAI, which is an AI research and development center. OpenAI is a trustworthy partner of Microsoft, researching and developing AI to handle various tasks.

Snapchat, founded in 2011, is a multimedia messaging platform offering services such as messages, photo sharing, videos, and stories. It is used by nearly 300 million users worldwide, and is known for its ever-changing filters and content-sharing options. Now, sponsored links ads offer the potential to monetize conversational AI like My AI, using OpenAI's ChatGPT technology, testing in 2022, and recently rolled out globally. Find out more about the potential for success and what the future holds for My AI.

. Recent college graduates are in a unique position compared to other generations. With the shift of tech companies to hybrid work, graduates are turning to retail, finance and manufacturing to secure stable jobs with good pay. Gen Z look to develop tech skills and see job opportunities with Generative AI. Handshake survey of 954 people shows 40% embrace AI but are cautious with 74% of managers viewing Gen Z as the hardest to work with.

. Faraday Future's attempt to jumpstart the conversation around their ff91 Futurist EV project has brought mixed results. With its AI-integration technology and AI Product Stack, the company is looking to prove that they can bring their highly-anticipated electric vehicle to fruition. However, questions still remain on their ability to raise the necessary financing to make their dream a reality.