AI-Powered Chatbots are Disrupting the EdTech Industry – How Chegg and Other Companies are Adapting

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As artificial intelligence (AI) continues to rise, it is changing traditional education models and causing some businesses, such as Chegg, to become outdated. ChatGPT is one example of an AI-powered chatbot that is Personalized Learning for students and has a large database of information. The development of ChatGPT and other similar chatbots has led to a decrease in demand for services from companies like Chegg, resulting in a significant loss of income.

What does the future hold for the education industry? ChatGPT and other AI-powered chatbots are just getting started. As AI technology advances, we can expect more breakthroughs that will change how students learn and access educational resources. In the coming years, we may see AI-powered virtual guides providing students with customized learning experiences, AI-powered essay graders giving more precise and consistent evaluations, and AI-powered content generators making high-quality study materials with less human input.