Chegg(CHGG) - 2023 Q4 - Earnings Call Transcript

Yes. Look, of course, it has an effect. It's just not the biggest one. And I know people think that it is, and I can understand why they do, frankly. But let me just sort of size to you just U.S. because outside the U.S., it is just - - it's wide open, right? We jumped during COVID, then sort of stop when things got out of COVID, then ChatGPT launched and had a beginning of an effect. But the new products and the new automated answers and the new indexing of the question, the promotional pricing has reverse ...