Chegg’s collapse shows AI disruption, but the author still sees net job growth
DavidLinthicum · x · 2026-07-28
The post argues that the collapse of Chegg is a warning sign for AI disruption, but not proof of broad labor doom.
Main claims
- Chegg’s market cap fell from $14.5B to nearly zero in about 30 months as AI tools made its homework-help business model obsolete.
- The author says affected sectors include edtech, content mills, entry-level coding, and customer support.
- At the same time, they claim overall AI-related employment is still rising, with new roles such as AI engineers, prompt engineers, and AI ethicists appearing faster than old jobs disappear.
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