Articles by tag: Chegg
The launch and success of generative AI tools like ChatGPT are creating a seismic shift in edtech, reshaping how teachers and students alike engage with learning platforms and posing a challenge for edtech platforms who’ve been planting their flag on similar services. For example, online education platform Chegg recently revealed that a surge in…
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AI Disruption in Education Isn’t About AI. It’s About The Business Models AI Enables.
The recent plunge in Chegg’s valuation highlights the potential for AI disruption in education and edtech, raising questions about the future of the edtech sector’s competitive edge and solutions. Chegg Inc. is facing a potential loss of nearly $1 billion in market valuation as ChatGPT’s popularity grows, leading to a 47% drop in the…
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Chegg Inc. and the FTC’s Order Against Them Is a Wake-up Call for Data Privacy Strategy
The FTC’s order against Chegg is a wake-up call for businesses everywhere and their current data privacy strategy. Chegg Inc. (“Chegg”) has been punished by the Federal Trade Commission (FTC) for its “careless” cybersecurity practices that exposed the sensitive personal information of its customers and employees. Chegg, according to the FTC’s complaint, stored customer…