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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/05\/26\/edtech-ai-worries\/<\/a><\/br> Shares of edtech<\/span> company Chegg still haven\u2019t recovered<\/a> from their dive earlier this month. As you may recall, its stock fell off a cliff after the company reported its Q1 results<\/a>.<\/p>\n While Chegg beat analyst expectations for the first quarter of the year, it also raised a warning that didn\u2019t fall on deaf ears: It warned that ChatGPT was hindering its ability to add new subscribers.<\/p>\n The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n Read it every morning on TechCrunch+<\/a> or get The Exchange newsletter<\/a> every Saturday.<\/em><\/strong><\/p>\n \u201c[S]ince March, we saw a significant spike in student interest in ChatGPT. We now believe it\u2019s having an impact on our new customer growth rate,\u201d Chegg CEO Dan Rosensweig said<\/a> during the company\u2019s Q1 earnings call.<\/p>\n Chegg is particularly vulnerable to competition from generative AI; although you may know it as a place to rent college textbooks, \u201cit has also proven an incredibly popular tool for cheating,\u201d TechCrunch+ reported<\/a>.<\/p>\n<\/p><\/div>\n <\/br><\/br><\/br><\/p>\n
\nAI might be the least of edtech\u2019s worries<\/br>
\n2023-05-26 21:35:54<\/br><\/p>\n
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