Chegg Inc. has faced a drastic decline in their stock prices due to the rising popularity of ChatGPT as a learning resource, causing an alarming decrease of 30% on Monday. Low subscriber growth and reported earnings totaling $2.2 million or 2 cents a share have sparked worry amongst investors, resulting in Chegg’s stock at its lowest point since 2017. Dan Rosensweig, President and CEO of Chegg, attributes Chegg’s revenue drop to student interest in ChatGPT. Chegg is a valuable online learning platform aiding students with tutors, answers and more.
Discover how AI-driven technology is set to revolutionize the media and advertising sector. With the potential to create unique content and reshape search ad spending, the power of generative AI is extraordinary. Intriguingly, only one-fifth of US adults believe in its results – so, marketers must lead the charge to build trust in this tech, setting the stage for an AI-driven future.
Discover the revolutionary AI-driven digital agent, ChatGPT, built to address complex accounting exam questions. Human students outperformed the AI bot with average score of 76.7% compared to 47.4%. Learn how AI can still be improved to bridge the gap between AI and human interaction.
Discover how ChatGPT and Generative AI are revolutionizing media and advertising through the use of AI-generated content. Understand the implications of these noteworthy technologies and their potential for instilling trust in consumers - their usage leading to impactful changes for business owners to publishers. Learn how to prepare for success and start understanding the future directions of the industry.
Generative AI technology is quickly revolutionizing media and marketing industries, simplifying mundane tasks and streamlining workflow. Despite initial skepticism and mistrust in AI, marketers and advertisers recognize its potential. With AI, companies can generate content, A/B test, and look for insights to boost their output. However, companies need to be aware of skepticism in the technology and make sure to employ it in a cautious and careful way.