#BrainmassAI : ChatGPT has claimed it's first victim...
Chegg is an online education platform that has lost over 500,000 paid subscribers since the release of ChatGPT.
They used to have a market cap of $15.3 billion.. and now? 267 million 😅
Their new CEO also just cut Chegg’s workforce by 25%, expanded internationally, and shifted focus toward dedicated students by adding services like counseling.
I think this is another indirect way AI is going to take jobs away.
Saas companies are going to be laying people off simply because of lost revenue.
Who is ChatGPT going after next...?
Chegg is an online education platform that has lost over 500,000 paid subscribers since the release of ChatGPT.
They used to have a market cap of $15.3 billion.. and now? 267 million 😅
Their new CEO also just cut Chegg’s workforce by 25%, expanded internationally, and shifted focus toward dedicated students by adding services like counseling.
I think this is another indirect way AI is going to take jobs away.
Saas companies are going to be laying people off simply because of lost revenue.
Who is ChatGPT going after next...?
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