![]() In a move to improve its own capacity to compete with ChatGPT and other emerging AI tools, Chegg itself has announced its own AI companion CheggMate, which like ChatGPT is built upon OpenAI's most advanced model, GPT-4.Īs AI models like ChatGPT continue to evolve and improve, the impact on traditional online forums and educational platforms is likely to grow, ushering in a new era of AI based information-seeking and learning. ![]() The company, which provides homework assistance and online tutoring, said revenue would be between $175 million and $178 million this quarter, far below FactSet's analyst consensus estimate of $193.6 million. Chegg´s stock price subsequently crashed around 50% to less than $10 with no recovery in sight. “We're seeing a significant drop in new student signups, and we believe ChatGPT is the primary reason for this”. “ChatGPT is a major threat to Chegg's business” said Dan Rosensweig, CEO of Chegg. Online learning platform Chegg is also witnessing a downward trend in new signups, as students increasingly turn to ChatGPT for academic assistance. This marked decrease coincides with the rise of ChatGPT and the growing reliance of developers on the AI model for coding assistance.īut it's not just developer-centric platforms feeling the heat. The forum witnessed a 13.9 percent drop in March compared to February, and a further 17.7 percent drop in April compared to March. Similarweb reports a significant dip in Stack Overflow's traffic. Significant Traffic Drop on Stack Overflow The underlying GPT-3.5/ GPT-4 language model from OpenAI was trained on massive web data which supposedly also includes online spaces such Stack Overflow, blogs and coding communities. Instead of asking other developers on Stack Overflow, more and more programmers seem to prefer to consult ChatGPT first. They can also benefit from the source code that is attached to the questions and answers on the platform by copying or learning from (parts of) it. Developers can use Stack Overflow to ask and answer questions about a wide variety of programming topics. Stack Overflow is a question-and-answer site for coders and programmers. ![]() ![]() Similar Web senior insights manager David Carr wrote in a blog post, that “ChatGPT makes it easier for programmers to get the help they need, resulting in fewer questions asked on platforms like Stack Overflow”.īecause of “the influx of answers and other content created with ChatGPT”, Stack Overflow banned the use of ChatGPT generated text, arguing that “the posting of answers created by ChatGPT is substantially harmful to the site and to users who are asking and looking for correct answers”. Stack Overflow, the popular online forum for programming questions, has seen a significant drop in visitor numbers in recent months, which experts attribute to the growing popularity of ChatGPT.ĬhatGPT, with its capabilities to assist with programming, debug code, and answer complex questions, has become a valuable tool for programmers seeking quick solutions. Questions in violation of this rule will be removed or locked.With the rise of AI, ChatGPT, has been generating considerable buzz in the developer community, with several traditional developer platforms experiencing a significant decrease in traffic. Specific assistance questions are allowed so long as they follow the required assistance post guidelines. General open ended career and getting started posts are only allowed in the pinned monthly getting started/careers thread.
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