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AI Breakdown

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

8 min • 9 januari 2024

In this episode, we dissect IBM's corporate strategy of replacing jobs with AI, examining the speculation it has generated and the consequential 48% drop in Chegg stock, influenced significantly by the presence of ChatGPT in the market.



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