ChatGPT reduced abilities inequality
According to an ongoing research study by Shakked Noy & Whitney Zhang from MIT, ChatGPT as an AI language model, is fast evolving to have an impact on business productivity. The study conducted in the context of mid-level professional writing tasks have some interesting findings Increase productivity by 59%, with time taken decreases and output quality rises You can read the full working paper On a side note, Chegg became possibly the first company feeling the impact of generative AI. Founded in 2005, Chegg is an education technology company that provides homework help as a service, as well as digital and physical textbook rentals. The stock of EdTech Chegg dived -50% in the last two months as the CEO admits that OpenAI’s viral chatbot ChatGPT is having a direct impact on their business. Read the full story here
