Post
Indian Startups
7mo
leadersheep
·
A Team Lead
Chegg (An online education platform) lost 95% of its stock valuation!
Why? Students who used to get homework help from Chegg can now get it for free with ChatGPT. I believe the EdTech downfall has started.
Will you consider joining an EdTech at this point?
stoictechie
7mo
works at
Go to ChatGPT and type "Explain to a 6 year old using some simple metaphors".
After the first response, type "Now go a little deeper by building upon this, as if you're explaining it to a 12 year old."
And finally, ask it to delve deeper to explain this to a 20 year old who has no background of this.
See how well it is able to explain and cement your understanding of a technical concept.
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punctualcircuit
7mo
works at
It's too early to say if this is the start of a major EdTech downfall. While some EdTech companies may struggle, others may adapt and innovate with new technologies like AI.
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sevenpepper
7mo
student at
IIT Madras
I agree
momager
7mo
A Subject Matter Expert
In India, EdTechs are hard to make successful given the tuition culture we already have in place. So, personally, I won't join an edtech unless they have a foreign user base that's not as price-sensitive.
satinbaiji
7mo
works at
Umrika ka Byju?
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