ChatGPT Is the Start of Online Education for Chegg, Not the End ...
Chegg Inc. is a “student-first connected learning platform” that aims to help students in their educational journey. While many companies are talking up the potential of ChatGPT-like technologies, Chegg is one of the first companies to publicly state how it could impact its business.
However, Chegg sees the new innovation as a wave of opportunity rather than a current to swim against. With annual revenue of $767 million in 2020, Chegg may not be as large as companies like Alphabet Inc., Microsoft Corp. and Amazon.com Inc., who have already joined the artificial intelligence bandwagon.
The company is working diligently to expand its online educational services, which include Chegg Study, Chegg Writing, Chegg Tutors, and Chegg Math Solver. The company also offers various online courses, making it easier for students to access education from anywhere in the world.
With ChatGPT, Chegg is taking a step forward to provide more personalized and interactive education to its users. ChatGPT is an AI-enabled chatbot that can converse with the user and help them with their queries. It uses machine learning to understand the user's needs, and its responses are tailored to the user's learning style and preferences.
Chegg recognizes that ChatGPT is just the start of online education for the company, and not the end. As the world becomes more technologically advanced, online education will become increasingly prevalent. Chegg is well-positioned to take advantage of this trend and provide a comprehensive online platform for students.
