If you were a lazy college student during Covid, imagine a time traveler from five years in the future telling you that something kind of like Chegg is coming soon—but this thing lets you be even lazier . In fact, in five years, Chegg will restructure its company completely because it’s suffering so badly from competition with this new thing , this person says. You would probably ask Chegg to tell you why time travel is impossible, get an answer in fifteen minutes, and brush off this person as a lunatic.

But as we all know, that thing is ChatGPT, along with other AI products like Google’s AI overviews. A Chegg representative admitted as much on Monday, saying the “new realities of AI and reduced traffic from Google to content publishers have led to a significant decline in Chegg’s tra

See Full Page