chegg

**Chegg. $14.7 billion → $114 million. 39 months.** ☠️

The first company officially killed by AI. ⚡

Here's how fast it happened — 💣

November 2022 — ChatGPT launches.
May 2023 — Chegg CEO admits it's destroying their business.
Same day — stock crashes 48%. 🎯

Then the slow bleed —

Subscribers: 5M → under 3M. 📉
Revenue: down 49% by Q4 2025.
Staff: fired 67% in two rounds.
US and Canada offices: shut down completely. 🌍

A decade of work. 79 million solutions.
$20/month subscription.
Built over 10 years. ☠️

ChatGPT replaced it in 5 months.
For free.
With explanations. 💣

This isn't disruption.
This is elimination. 🎯

And Chegg isn't alone.
It's just the first to officially die.

Every business built on
information access and retrieval —
is watching this story nervously. 🌍

Lawyers. Tutors. Researchers.
Translators. Analysts.

AI doesn't charge $20/month.
It doesn't charge anything. 📉

Chegg was the warning shot.

**Who's next?** 👇

#Chegg #AI #ChatGPT #Tech #Disruption #Stocks #BreakingNews #Macro #Future #Investing

🚨CURIOUS FACT: If you had invested $1,000 USD in #Chegg during February 2021 you would have $6.90 USD today.
Doesn't it seem similar to #Planck the scam currency?