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The New Realities of AI
A $15B company just got erased...
In February 2021, “the most valuable edtech company in America” was worth over $15 billion. Today, it’s worth roughly $120 million.
That’s a 99% wipeout.
The culprit wasn’t a bad product or a crooked CEO. It was a free chatbot.
The moment students discovered they could get instant homework help from ChatGPT at zero cost… they stopped paying. Just like that, $15 billion in shareholder value was gone.
That’s what technological annihilation looks like. And it’s coming for just about everyone. This is a warning shot aimed directly at your retirement. And most investors still don’t want to hear it.
The New Realities of AI