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Chegg's Earnings Report
Douglas Rushkoff: I wanted to start by talking about a report that came from this company called chegg. He says they arguably arguably became the first casualty of the AI revolution because on their earnings call the CEO noted, and maybe this was in their press release also the CEO noted that. And then the fact that the CEO was getting a new customer growth rate,. The stock tumble 50% pretty much on that day. This week, we get their next set of earnings. They're not likely to do is make big acquisitions despite ongoing speculation that they'll buy. It's going to take a little while for Microsoft to be able to drive huge revenue growth with its artificial intelligence software.
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