Corporate AI Dynamics: IBM's Unconventional Decision to Replace 7,800 Jobs Triggers Speculation and Sends Chegg Stock Plummeting 48%, Fueled by ChatGPT

09/01/2024 8 min
Corporate AI Dynamics: IBM's Unconventional Decision to Replace 7,800 Jobs Triggers Speculation and Sends Chegg Stock Plummeting 48%, Fueled by ChatGPT

Listen "Corporate AI Dynamics: IBM's Unconventional Decision to Replace 7,800 Jobs Triggers Speculation and Sends Chegg Stock Plummeting 48%, Fueled by ChatGPT"

Episode Synopsis


In this episode, we dissect IBM's groundbreaking move to replace jobs with AI and the ensuing market turbulence, specifically the substantial drop of 48% in Chegg stock attributed to the presence of ChatGPT in the industry.





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