The slow march of AI

Among the university space, tools like ChatGPT has been dominating the space for quite a while now.

How likely will the company behind these AI assisted tools wait till they seek it to be a money making tool or a cash crop?

It seems that the potential for it to become one is not if, but when. Its current free model seems to suggest that they are collecting more input from users in order to increase the accuracy of their model. 

Cloud Services

Does this mean that these companies may also require more storage capabilities? It is possible. Companies offering cloud services with assets like data centers could benefit from these indirect inputs from other sources. This could mean a higher demand for their services which could also result in better profitability for them in the long run. 

Education Services

We see that popular online services like Chegg come into play with their subscription based pricing model. With a monthly fee, users are entitled to ask questions and seek expert answers for problems in a very quick time. Does this mean an erosion of customer base from these education services in the long run, thereby making it less relevant? In a way, yes it does, as Chegg subscription is not expensive, but neither is it cheap. By having a totally free assistant to help with homework seems almost too good to be true. Low users of Chegg may turn to ChatGPT for help instead in order to save on some costs. With these tools that can affect the education space, current market leaders should be wary and develop strategies that can help allow them to stay relevant in this day and age.

With this said, the current macroenvironment paints a bleak picture with many risks still unknown and uncovered. However, by remaining invested in these groundbreaking technological solutions, will allow for investors to be at the forefront of the pack when the clouds have scattered.