Slave announced On Wednesday, that it has won its quarterly revenue estimates, although the company faced a wide reaction to the choice to genetically embraced by human workers. Duolingo Stock Rose Nearly 30% In the news.
In April, Managing Director Luis von Ahn communal That Duolingo will become a company “Ai-First”, removing the use of contract workers. It also discouraged groups from hiring more employees unless the team is unable to automate its work more. Using the AI genetic, Duolingo introduced 148 new linguistic lessons, more than doubleing his previous offers.
“Without AI, it would take decades to escalate our content to more students,” Von Ahn then wrote. “We owe it to our students to get this content as soon as possible.”
While some Duolingo users argued that these AI features make the application worse, the company’s financial measurements tell a different story. Now the company predicts Revenue of more than $ 1 billion this year and daily active users have increased by 40% annually. The increase is significant, but it is reduced to the lower range of company estimates to increase between 40% and 45%, which an investor brought to Von Ahn on Wednesday’s quarterly call.
‘The reason we came [in] To the lower end it was because I said some things about AI, and I didn’t give enough frame. Because of this, we got some reaction to the social media, “Von Ahn said.” Most importantly, we wanted to make the feeling in our social media positively. We stopped publishing intense positions and started publishing things that could get our emotion more positively. That worked. ”
At Tiktok, top -notch Duolingo videos often remain criticized for the company’s AI approach. The Snarky Commenters will ask if the videos with many people are made with AI, in which Duolingo will answer, “Nope.
But even if the public feeling to Duolingo has shifted, its bottom line has no … and from the corner of the company, that’s what matters.
