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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 ChatGP…

    FromAI Breakdown

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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 ChatGP…

    FromAI Breakdown

    ratings:
    Length:
    8 minutes
    Released:
    Jan 9, 2024
    Format:
    Podcast episode

    Description

    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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    Released:
    Jan 9, 2024
    Format:
    Podcast episode

    Titles in the series (100)

    "AI Breakdown" dives deep into the world of artificial intelligence, exploring the latest advancements and trends shaping this rapidly evolving field. Each episode provides listeners with in-depth analysis of current AI technologies, ethical considerations, and the potential impact on various industries and everyday life. We cover a wide range of topics, from AI in healthcare and autonomous vehicles to AI's role in entertainment and beyond, keeping you informed and engaged with the news and developments in the AI landscape.