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May 28, 2024 391

Shares of Duolingo Crashed After GPT-4o Announcement!

#Global

OpenAI's "GPT-4o" model, capable of real-time translation, hit the popular language learning platform Duolingo hard

OpenAI's new "GPT-4o" model, capable of real-time translation, has had a significant impact on Duolingo, causing its stock prices to plummet. The advanced AI, which can see, hear, and speak like a human, led many to question the need for traditional language learning platforms. As a result, Duolingo's shares dropped from around $250 to $177.

Despite a slight recovery, the future remains uncertain. GPT-4o's impressive real-time translation abilities pose a considerable threat to language learning platforms, though Duolingo might navigate this challenge better than lesser-known competitors.