ChatGPT after its launch on November 30, 2022, took the AI world by storm.
Since its launch, ChatGPT was awarded “the best AI chatbot ever released” by the New York Times.
This AI chatbot which provides human-like text answers to users has broken many unexpected records since its launch.
The AI bot hit its first 1 million users in only 5 days and reached the 100 million monthly active users mark in just 2 months after the launch.
It also scared some big tech industries in the world to change their strategies like Google declaring code red after ChatGPT’s popularity and introducing its own AI tool Bard AI.
There are many more amazing facts and statistics about ChatGPT that you will be thrilled to know.
Special Update– OpenAI recently launched GPT-4, its latest and most advanced AI model to date that can read both texts as well as images.
Latest Update– ChatGPT plugins have been launched by OpenAI and they are working on rolling out plugins in ChatGPT because they unlock a wide range of use cases. Only available to ChatGPT plus users.
ChatGPT achieved its first 1 million users in just 5 days of its launch and it achieved 100 million monthly active users in just 2 months of the launch.
ChatGPT’s parent company, OpenAI said the organization expects $200 million in revenue in 2023 and $1 billion by 2024.
After the launch of ChatGPT in late November, the OpenAI website had seen traffic rise by 3572%.
Elon Musk says “ChatGPTis scary good. We are not far from dangerously strong AI.”
The monthly cost to run ChatGPT is $3 million per month.
Microsoft has added the Prometheus model (an upgraded version of the ChatGPT) to Bing.
ChatGPT AI Tool: At A Glance
ChatGPT i.e Chat Generative Pre-Trained Transformer is an artificial intelligence chatbot developed by Open AI on top of the GPT-3 family of large language models.
As an AI language model, it can perform complex tasks like answering questions, generating text, translating, and much more in plagiarism-free form.
ChatGPT Statistics
Created By
OpenAI
User Stats
100 million monthly active users in January 2023
Model
Fine-tuned GPT-3.5 (text-DaVinci-003)
Monthly Cost To Run
$3 million per month
Daily Queries
10 Million
Training Dataset
300 billion words (570 GB data)
Running On
Microsoft Azure
Predicted Revenue
$200 million by end of 2023; $1 billion by 2024
ChatGPT Cost
Free and plus plan available at $20/per month
ChatGPT Users And Traffic Stats
How Many Users Does ChatGPT have?
ChatGPT achieved its first 1 million users in only 5 days of the launch on December 5, 2022, as confirmed by their cofounder Greg Brockman on Twitter.
It took other companies much higher time to reach their 1 million users mark as Facebook took 10 months to get a million users and similarly Netflix took 3.5 years, Instagram took 2 months, and so on.
Here are the exact numbers:
Platform
Time taken to reach 1 Million Users
ChatGPT
5 Days
Instagram
2.5 Months
Spotify
5 Months
Facebook
10 Months
Twitter
2 Years
Netflix
3.5 Years
ChatGPT got around 57 million monthly active users in its first month of launch only.
And it reached 100 million monthly active users at the end of January 2023 just 2 months after the launch, making it the fastest-growing consumer application in history.
According to Similarweb data, the AI chatbot averaged 13 million daily unique visitors in January 2023.
On the peak traffic day of January 31, 2023, the site attracted 28 million visits from 15.7 million unique visitors.
OpenAI, the developer of ChatGPT, has seen traffic up by 3,572% to its site, from 18.3 million to 672 million visits since ChatGPT’s release in late November.
OpenAI has become the 44th globally-ranked website after announcing ChatGPT.
ChatGPT drives 92% of the total website traffic of OpenAI.
In January 2023, there were around 73.9 million visits from India and the US, representing about 11 percent of all traffic.
ChatGPT is daily used by people for asking questions receiving around 10 million questions per day.
The daily cost of running ChatGPT is $100,000 per day and the monthly cost is $3M per month as predicted by Tom Goldstein, an AI ML Professor at Maryland University.
His estimates are based on Microsoft Azure Cloud costs, the server infrastructure on which ChatGPT is hosted.
He estimates that the ChatGPT model has 175 billion parameters.
Tom Goldstein further stated that it costs around $0.0003 per word generated.
The average cost to run ChatGPT is single digits cents per chat as specified by CEO of OpenAI Sam Altman on Twitter.
ChatGPT Revenue Model
ChatGPT was initially launched as a free tool that is going to monetize itself by adding a premium subscription model of $20/per month with advanced features.
So, ChatGPT is following a freemium model.
ChatGPT Plus has been recently launched as a pilot subscription of $20 only in the U.S. and it is invite-only.
ChatGPT Plus offers premium features like access to ChatGPT, even during peak hours, faster response times, and priority access to new features.
For plus users, ChatGPT has also started offering Turbo mode which is designed to offer more fast responses.
ChatGPT also earns by charging developers licensing its API about a penny or a little more to generate 20,000 words of text.
The “ChatGPT Pro” pilot program was started at $42/per month initially, but later on, the price was decreased and ChatGPT Plus was introduced at a price of $20/per month.
This means that ChatGPT will cost $240 per year and it is expected that ChatGPT Plus will get a discounted annual rate later on. (Dexerto)
Elon Musk And ChatGPT
Elon Musk, who co-founded ChatGPT’s parent company OpenAI said in a tweet that “ChatGPT is scary good. We are not far from dangerously strong AI.”
Elon Musk co-founded ChatGPT with Sam Altman on December 11, 2015, but later on, in 2018 Musk resigned from the research lab to avoid a potential conflict of interest with the development of his Tesla AI company.
He also warned that “AI is one of the biggest risks to civilization” at the World Government Summit in Dubai, United Arab Emirates.
The tech billionaire added that ChatGPT has shown that AI has got highly advanced and that is something we should be worried about.
Twitter CEO Elon Musk also paused OpenAI’s access to the Twitter database as Open AI in 2019 transitioned from a non-profit to a “capped” for-profit entity.
In July 2019, Microsoft invested $1 billion in ChatGPT’s parent company OpenAI and obtained a multiyear partnership with the lab.
Further, it quietly added another $2 billion to OpenAI in 2021 at a valuation of $14 billion.
Microsoft also announced a new multi-year investment in OpenAI in a press release on January 2023.
Microsoft didn’t give a financial figure in the press release, but it is rumored to be $10 billion which would bring the valuation of OpenAI to $29 billion.
Year
Investments by Microsoft
2019
$1 billion
2021
$2 billion
2023
$10 billion (reportedly rumoured)
With this $10 billion deal, Microsoft is reportedly getting the right to 75% of OpenAI’s profits until it earns back all its investments to date, and after that, Microsoft would revert to a structure in which it would be getting a 49% stake in OpenAI ownership. (Fortune)
Microsoft CEO Satya Nadella on February 8, 2023, announced the integration of OpenAI’s GPT-4 model into Bing, providing a ChatGPT-like experience within the search engine.
Here’s the official statement by the CEO on his Twitter handle.
The ChatGPT feature is now available on Bing, but it’s limited. You’ll have to join the waitlist to get access.
Bing’s version of ChatGPT is far more up-to-date and can give answers to the most recent events. (even after 2021 data)
Within just 48 hours, more than 1 million people have signed up on the waitlist to try out the new Bing search.
Gmail creator Paul Buchheit in a tweet said that Google may be only a year or two away from total disruption.
Paul Buchheit says that even if they catch up on AI, they can’t fully deploy it without destroying the most valuable part of their business.
According to the reports, Google CEO Sundar Pichai “declared code red” to fast-forward its AI plans and called in help from Larry Page and Sergey Brin to tackle ChatGPT.
However, Google has plans to bring more than 20 AI-powered products along with its own chatbot Bard to compete with its rival ChatGPT.
Google CEO Sundar Pichai on February 6, 2023, launched an experimental version of its new AI chatbot called Bard which is built with the primary objective to beat the popularity of OpenAI’s ChatGPT.
Google’s Bard is based on LaMDA technology.
Surprisingly, both LaMDA and ChatGPT’s GPT-3 language model is built on Transformer, a neural network architecture open-sourced by Google in 2017.
Bard Chatbot is said to have more benefits than ChatGPT like the potential to answer real-time questions. Here are the key differences between Bard and ChatGPT.
Google lost over $100 billion in market value on February 8, 2023, after its new chatbot shared inaccurate information in a promotional video as in the below tweet.
It gave a wrong answer that JWST was used to take the very first pictures of exoplanets. The first pictures of exoplanets were, however, taken by the European Southern Observatory’s VLT in 2004, as confirmed by NASA.
Bard is an experimental conversational AI service, powered by LaMDA. Built using our large language models and drawing on information from the web, it’s a launchpad for curiosity and can help simplify complex topics → https://t.co/fSp531xKy3pic.twitter.com/JecHXVmt8l
ChatGPT is a natural language processing (NLP) model that can generate human-like text based on a given prompt while OpenAI’s Playground is a tool that allows users to interact with and test out the capabilities of various OpenAI models, including Chat GPT.
Playground is also a useful tool for developers who are interested in using OpenAI models in their own applications, as it allows them to do experimentation.
GPT-4 is an advanced multimodal model launched by OpenAI on March 14, 2023, and is an upgrade to the earlier language models like GPT-3 and GPT-3.5.
GPT-4 offers several advanced features like the ability to read and analyze images and it has a lot more accuracy than GPT-3.5. But, the image reading feature is not yet publicly available.
ChatGPT-3.5 Vs ChatGPT-4
GPT-4 is multimodal i.e it can generate content from both images and text while GPT-3 and 3.5 only provided answers based on text prompts.
GPT-3.5 was limited to 3,000-word responses, while GPT-4 can generate responses of more than 25,000 words.
GPT-4 scores 40 percent higher than GPT-3.5 on factuality evaluations. So, it’s more difficult to trick GPT-4 into answering restricted outputs.
“GPT-4 exhibits human-level performance on various professional and academic benchmarks”, OpenAI said. See this bar chart below which shows that GPT-4 defeated GPT-3.5 over the exam results.
Source- OpenAI Blog
Only ChatGPT Plus users with a $20/month subscription have access to GPT-4 while GPT-3.5 is publicly available.
It was rumored that GPT-4 was trained on 100 trillion parameters as compared to GPT-3 with 175 billion parameters. But, this was a myth as confirmed by OpenAI CEO Sam Altman. (Source)
ChatGPT cannot Access the Internet– ChatGPT cannot access the internet or any external links. It can only provide answers based on the text it was trained on.
ChatGPT Last Updated In 2021– ChatGPT’s model was last trained in 2021. So, it cannot provide post-2021 data. For example, if you ask about the “iPhone 14 price”, it says that iPhone 14 is not yet launched.
ChatGPT can provide wrong answers– ChatGPT can sometimes confidently provide wrong answers. It gave the wrong answer when asked the question “How many times has Argentina won the Fifa World Cup?” as in the image.
ChatGPT lacks Expression– An artist commented that the output of ChatGPT mimics what art is, but lacks the actual qualities of artistic expression.
ChatGPT Internal Server error– ChatGPT keeps facing internal network errors due to the exponential growth of people using the service.
ChatGPT can be detected as non-human due to its phrase usage patterns.
ChatGPT: Threats And CyberSecurity Matters
ChatGPT is being used to create phishing emails and write malicious codes.
ChatGPT is designed to decline unethical and hacking queries, but many users were successful in tricking ChatGPT into doing harm.
One user got to trick ChatGPT into creating a dirty bomb by convincing it that he was researching how to prevent radiological terrorism. (Outrider)
51% of IT decision-makers believe ChatGPT will do a successful cyberattack within the year.
It also poses a direct impact on education and studies as students are reportedly found to be cheating by submitting assignments written by ChatGPT and passing without any knowledge.
That’s why ChatGPT has already been banned in several schools and universities in India, America, and France.
ChatGPT has shown its capabilities by passing many difficult exams US medical licensing exam, law school exams, and Wharton’s MBA exam.
A 2013 University of Oxford study found that AI could eliminate 47% of the US jobs in the next 20 years and researchers believe that it could be potentially true with the arrival of ChatGPT. (Oxford Study)
ChatGPT took the world by storm and made a huge impact on every area of the world with some people saying that ChatGPT is scary; some saying that it will kill jobs while other saying that it’s not a big deal.
Anyway, I’d like to hear from you:
Do you think that ChatGPT will replace most jobs? Will it kill Google’s monopoly in online searches?
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Thanks
Hi Tarun, I’m glad to hear that you liked my content. And good luck for your youtube video.