Chegg boom or bust?

Original Reddit post

Author speculates Chegg could have upside from pivoting to AI education and workforce AI-skilling, framing it as a cheap speculative bet.

CHGG — LONG The author argues Chegg's stock has been beaten down because AI disrupted its legacy business, but sees potential upside from the company's pivot into AI education, training on AI use, and workforce skilling. The mechanism is that training workers to use AI properly will be broadly needed soon, potentially reviving demand. The author frames this as a small speculative bet they are willing to lose, with no specific catalyst or timeframe given.

it looks like they are changing business models to AI education, training on its use and skilling the workforce. Training workers to use AI properly in the workplace seems like something the general population will need in the near future to me. The stock is very low now, is there any upside