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ChatGPT's Impact: Chegg's 95% Stock Crash and the End of Homework Help Services
The rise of ChatGPT has devastated online education company Chegg. This NYSE-listed company, once boasting a market cap of $471.22 million, built its business on providing homework solutions, employing outsourced "experts" to complete assignments for paying students. Chegg openly advertised its "get homework help" service, a model now...
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