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Jul 17, 2023

A.I. can kill your business in an instant. Just ask the CEO of Chegg

Posted by in categories: business, robotics/AI

“The reason I was invited on is I’m the poster child for getting your ass kicked in the public markets by A.I. since I lost 40% of value in five minutes,” Rosensweig said. “So for those of you who didn’t want to take that, I took it for you,” Rosensweig said with apparent sarcasm. “My pleasure.”

Chegg’s new A.I. tool, called CheggMate, will be a personal learning assistant for students that creates bespoke lesson plans. Trained on a set of 100 million correct answers to 17 million new questions posed by students each year over the past decade, the A.I. will create a tailored learning experience for students, taking into account their learning style, the date of their exam or deadline, and even how they’re feeling that day, among other factors. It will also connect students to remote study groups and help them find job opportunities.

“Just imagine the following scenario,” Rosensweig said, “you start to have a conversation with somebody that knows you, knows how you’re feeling that day, knows what you’re studying, knows when your midterm is, knows what you’re good at, what you’re bad at, builds you a personalized plan, advocates for you.”

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