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

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

Today, Explained AI · Today, Explained AI

January 9, 20248m 26s

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Show Notes

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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