Home Technology peripherals AI Will AI replace human labor first in the education industry? The US version of 'Job Bang' starts layoffs

Will AI replace human labor first in the education industry? The US version of 'Job Bang' starts layoffs

Jun 15, 2023 am 09:45 AM
ai educate layoffs

Workers around the world are worried about the nightmare of unemployment due to the popularity of ChatGPT. This is the result of "AI replacing labor". Now, the worries have become a reality, with the education industry bearing the brunt.

On Monday local time, the American version of "Job Helper" Chegg stated in an SEC filing that it would lay off about 4% of its employees, or about 80 people, to better execute its artificial intelligence strategy. Became the first education company to lay off employees due to the impact of AI.

Chegg’s main business is online homework tutoring. During the epidemic, as students generally took online classes, the demand for Chegg's services increased significantly.

However, in May, Chegg CEO Dan Rosensweig said in an earnings call that ChatGPT affected the company's performance growth, which soon triggered a chain reaction. The stock price plummeted 48% in one day. This year, the company's stock price has been tired. It fell 57%.

Will AI replace human labor first in the education industry? The US version of Job Bang starts layoffs

As AI chatbots like ChatGPT continue to grow in popularity among students, Chegg is actively improving its business. Chegg launched the AI ​​tutoring tool CheggMate in May, which uses OpenAI’s GPT-4 API.

According to the plan, CheggMate will use the Chegg personalized learning platform, expert data sets and GPT-4's problem-solving capabilities to build an AI conversational learning assistant, allowing students to learn in real time more effectively and accurately than before.

Outside of the education industry, AI has begun to have an increasingly broad impact on the U.S. job market.

At the beginning of June, Challenger, an American employment consulting company, listed “artificial intelligence” as one of the reasons for layoffs in the layoff data released by U.S. companies, and stated that approximately 3,900 jobs in U.S. companies were occupied by this emerging technology. replace.

Will AI replace human labor first in the education industry? The US version of Job Bang starts layoffs

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