Education stocks sold off last week after Chegg Inc., which publishes textbooks, study guides, and other learning materials, warned that the surge of students’ interest in the ChatGPT artificial intelligence (AI) was hurting sales and “having an impact on our customer growth rate,” CEO Dan Rosensweig said in a call with analysts.
Category: TRENDS EYE VIEW – May 9 2023
HAPPY DAYS ARE NOT HERE AGAIN: AMERICANS THINK THEIR BEST DAYS ARE BEHIND THEM
A new Pew Research Center Survey suggests that The Trends Journal has its finger on the pulse of the American public that sees economic storm clouds on the horizon and the country’s best days in the rearview mirror.
WHO NEEDS NATURAL GRASS WHEN YOU CAN HAVE A FRONT YARD WITH BLOOMING ‘FOREVER CHEMICALS’?
You’ve seen the homes with artificial turf.
They’re generally the ones with the well-manicured “grass” that looks just a little unnatural.
JENNY CRAIG TO CLOSE ITS DOORS, CAN’T COMPETE WITH NEW WEIGHT-LOSS DRUGS
Jenny Craig, the famed company known for helping women lose weight by modifying their diets, will reportedly close its doors after failing to secure new financing.
MORE SIGNS AI WILL DRIVE WEALTH TO BIG TECH WHILE OUTMODING WORKERS
IBM CEO Arvind Krishna told Bloomberg in an interview this week: “I could easily see 30 percent of jobs getting replaced by AI and automation over a five-year period.”
CARBON WAR DEGROWTH: DUTCH GOVERNMENT TRIES TO SWEETEN THE POT FOR FARM BUYOUTS
The EU authorized a €1.5 billion fund to buyout Dutch farmers this past week, for the purported goal of cutting nitrogen emissions, according to Euronews.