Most companies are beginning to realize how AI will change the way they run their businesses, and “Chegg” is trying to avoid becoming its first victim.
For many years, the online education company has been the preferred source for students who want to help with their homework, and the shift to virtual learning during the pandemic has led to subscriptions and their share price soaring to record highs, according to the “Wall Street Journal” and seen by “Al Arabiya Business.”
“ChatGPT” came, giving students a free alternative to the answers that “Chegg” spent years developing with thousands of contractors in India. Instead of checking the solution, they started canceling their subscriptions and entering questions into the Chatbots.