{"id":876287,"date":"2024-11-13T09:08:08","date_gmt":"2024-11-13T03:38:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=876287"},"modified":"2024-11-13T09:26:17","modified_gmt":"2024-11-13T03:56:17","slug":"chegg-vs-chatgpt-how-an-edtech-giant-lost-its-business-to-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/13\/chegg-vs-chatgpt-how-an-edtech-giant-lost-its-business-to-ai\/","title":{"rendered":"Chegg vs ChatGPT: How an edtech giant lost its business to AI"},"content":{"rendered":"<p>Once a go-to platform for students who wanted help with homework, Chegg now appears to be teetering on the edge of a downfall that reportedly has a lot to do with the rise of OpenAI\u2019s ChatGPT. <\/p>\n<p>An estimated $14.5 billion in value has been wiped out as the US-based edtech company\u2019s stock has plummeted by 99 per cent from its 2021 peaks. It has lost over half a million paid subscribers so far, and a quarter of Chegg\u2019s workforce (441 employees) were laid off a few months ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once a go-to platform for students who wanted help with homework, Chegg now appears to be teetering on the edge of a downfall that reportedly has a lot to do with the rise of OpenAI\u2019s ChatGPT. An estimated $14.5 billion in value has been wiped out as the US-based edtech company\u2019s stock has plummeted by 99 per cent from its 2021 peaks. It has lost over half a million paid subscribers so far, and a quarter of Chegg\u2019s workforce (441 employees) were laid off a few months ago.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-876287","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=876287"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/876287\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=876287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=876287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=876287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}