This article discusses the sharp decline in share prices for Pearson Education and Chegg after the rise of ChatGPT, a generative AI chatbot. Discover the story of Joe Tascarella, the founder of ChatGPT, and his efforts to provide students with an AI-backed tutoring tool. Find out how Pearson's financial performance has been affected, and what the combined losses in market capitalization of these two giants mean for the industry.
Chegg Inc. stocks dropped drastically on Monday after CEO Dan Rosensweig announced that expenses due to their current use of OpenAI's CHATGPT chatbot. An AIML division will soon be launched to increase AI use; leading to an improved educational service for users. However, the current quarter will mean a 28-30% operating margin, and $175-$178 expected revenue.
Discover the innovation of AI with the Ethereum Foundation and the groundbreaking addition of ChatGPT - a robotic dog powered by OpenAI GPT-4. 2020 has seen huge advances of AI technology, from photorealistic generators to tex-to-video Generator, proving just how resilient and capable AI is! Get exclusive access to this intuitive technology and explore the potential of AI in the new year.
RISE, an India based ed-tech platform, is advancing the education world with a blockchain-based digital certificate system for their students and alumni. By making their certificates secure and free of fraudulent activity, RISE is making sure to empower their students to become successful. QR codes are also added to each certificate for validation, making sure that employers can easily authenticate the skills and education certificates.
ChatGPT is a cutting-edge AI-driven digital product designed to help businesses improve their operations. In 2021, the chatbot was put to the test to evaluate its capabilities in ophthalmology. A dataset of multiple choice questions from the regularly used OpthoQuestions trial was used, yielding 46% accuracy in its initial test. By February, the results rose to 58%, with notable success in general medicine questions. Subspecialty questions proved more challenging, however, with 0% accuracy in the retina section. Despite this, developers believe this technology can play a role in medical education and clinical practice in the future.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?