Chegg, an online education company, has seen its stock value plummet by 99% as students turn to AI for homework help instead of its services. The company is now struggling to adapt its business model to the rise of AI in education.

**For online education companies:** You're facing a critical turning point. Chegg's dramatic stock plunge signals a seismic shift in how students seek academic assistance. You must rapidly innovate to stay relevant. Consider integrating AI into your offerings, focusing on personalized learning experiences that AI alone can't replicate. Diversify your revenue streams beyond homework help to include skills development and career preparation. **For AI companies:** There's a massive opportunity in the education sector. You should develop specialized AI tools for students, potentially partnering with established education firms to combine AI capabilities with subject matter expertise. **For traditional educational institutions:** You need to reassess your teaching methods and support systems. Incorporate AI-powered tools into your curriculum to better prepare students for a tech-driven world, while emphasizing the value of human interaction and critical thinking skills that AI can't replace.

The education technology landscape is poised for rapid transformation. Expect a surge in AI-powered educational tools, forcing companies to either adapt or face obsolescence. You'll likely see increased collaboration between tech giants and education providers, resulting in more sophisticated, personalized learning platforms. The role of educators will evolve, with a greater emphasis on mentoring and developing soft skills. Regulatory scrutiny may intensify as concerns about AI's impact on learning outcomes and academic integrity grow. You should prepare for a potential shift in the job market, with increased demand for professionals who can effectively leverage AI in educational settings. As AI becomes more prevalent in education, you'll need to focus on developing and marketing the uniquely human aspects of your educational offerings to maintain a competitive edge.