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In the world of computer programming, Stack Overflow was a giant.
For more than a decade, it was the go-to site for asking tech-related questions.
At its peak, more than 300,000 questions* were posted on Stack Overflow every month, and many of them had dozens, if not hundreds, of responses. Stack Overflow was massive.
That’s why Naspers-owned Prosus paid $1.7-billion to acquire it in August 2021. Many argued it was an overpriced deal, but given Stack Overflow’s influence and reach, it could have made sense.
But it didn’t.
In November 2022, ChatGPT was launched – and new data shows Stack Overflow activity plummeted over the next two years, dropping from over 200,000 questions a month to just a few thousand, as developers increasingly turned to AI for answers.
Today, most of Prosus’s investment in Stack Overflow has been written off. The once-dominant platform is now all but dead.
*Note: The question data includes all posts, including deleted posts, as an indicator of activity.* The data is from here.
For more than a decade, it was the go-to site for asking tech-related questions.
At its peak, more than 300,000 questions* were posted on Stack Overflow every month, and many of them had dozens, if not hundreds, of responses. Stack Overflow was massive.
That’s why Naspers-owned Prosus paid $1.7-billion to acquire it in August 2021. Many argued it was an overpriced deal, but given Stack Overflow’s influence and reach, it could have made sense.
But it didn’t.
In November 2022, ChatGPT was launched – and new data shows Stack Overflow activity plummeted over the next two years, dropping from over 200,000 questions a month to just a few thousand, as developers increasingly turned to AI for answers.
Today, most of Prosus’s investment in Stack Overflow has been written off. The once-dominant platform is now all but dead.
*Note: The question data includes all posts, including deleted posts, as an indicator of activity.* The data is from here.