ChatGPT: Key Statistics and Figures (2024)

In this article, we'll show you some of the most astonishing statistics about the ChatGPT chatbot. They will enlighten you on this AI chatbot today
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ChatGPT is a powerful and flexible natural language comprehension system developed by OpenAI.

The first startup platform in recent times to reach one million users in five days, ChatGPT is a popular choice for many businesses and developers.

chatgpt

It provides valuable information about how people interact with bots, allowing them to make better decisions about the content they create, deliver, and automate.

People use this platform to ask and answer questions, receive personalized advice, or even get help from AI.

In short, here are some interesting stats about ChatGPT:

  • OpenAI launched Chat GPT on November 30, 2022.
  • It only took one week for ChatGPT to attract 1 million users (versus 10 months for facebook)
  • In 2023, ChatGPT is expected to reach a revenue of 200 million dollars.
  • The value of OpenAI after ChatGPT was valued at $29 billion.
  • The company is expected to generate up to $1 billion in revenue by 2024.
  • The training data set contains over 570 GB of text.
  • Microsoft has invested $1 billion in Open AI. The company also said it would invest an additional $10 billion.
  • After the launch of ChatGPT, OpenAI became the leading machine learning platform in terms of funds raised.

In this article, I look at the main ChatGPT statistics that measure the impact, performance, and success of this AI.

READ MORE: Auto-GPT: What is it?

Main ChatGPT statistics

Here are the main ChatGPT statistics to consider.

Elon Musk founded OpenAI

With its blend of cultural origins, San Francisco's Mission District is a beacon for creativity.

It makes perfect sense that this is where Elon Musk chose to host Open AI.

The monetization of ChatGPT by OpenAI future

Analysts expect ChatGPT to generate an astronomical 200 million dollars by the end of 2023.

If it continues on its current trajectory, it could reach $1 billion in 2024.

Operations and costs

Let's take a look at how OpenAI manages its operations and the associated costs.

Each chat costs OpenAI single digit cents.

Sam Altman says the estimated cost is probably no more than a few cents for each one-on-one chat with ChatGPT.

With millions of daily interactions, it makes sense to keep costs down.

It can also be an attractive alternative for businesses that manage a customer support service, as customer interactions through ChatGPT can be done at a fraction of the current cost.

If ChatGPT's pricing remains profitable (considering that it offers 175 billion parameters from which training data can be drawn), more and more businesses will turn to OpenAI for their AI solutions.

ChatGPT is estimated to cost $3,000,000 per month to run.

According to Tom Goldstein, a professor of AI ML at the University of Maryland, the daily cost of managing ChatGPT could be around $100,000.

This figure would bring the monthly expenditure to around $3 million.

Its estimates take into account reliable data on server infrastructure.

While the cost per chat may be minimal, the overall cost of running the service is not.

As textual data is being accessed all the time, this number will only increase, requiring OpenAI to be careful about its expenses.

ChatGPT is currently free

ChatGPT is free for active users who sign up with an email account.

Whether it's creating FAQs, customer service robots, or any other development project, ChatGPT can do it.

However, sometimes servers are overloaded and users have to wait to use the platform.

ChatGPT plus

As the number of users who continue to flock to ChatGPT and OpenAI products is increasing, OpenAI recently announced that it will be offering a premium plan, ChatGPT plus.

OpenAI recently launched this option at the price of a $20 pilot subscription.

Many see it as an attractive option, especially with a “Turbo” mode for ChatGPT Plus users and the promise of priority access.

New users could also have access to new features, as OpenAI seeks to further develop the product.

Use

Let's talk about using the platform first.

590 million monthly visits

As for ChatGPT user statistics, in January 2023, the ChatGPT website had 590 million monthly visits and its user base reached an impressive 100 million.

This number of monthly visits for a tool launched a few months ago testifies to the power of ChatGPT.

The fact that many people were able to get quick answers that they couldn't get as quickly with other AI technologies is a great indicator of ChatGPT's potential.

25 million daily visitors

The state-of-the-art broad language model is just as impressive when you compare its monthly growth to daily page visits.

Over 25 million people use ChatGPT daily to get answers and information about the world around them.

The company behind ChatGPT

Now let's talk aboutOpenAI, the parent company of ChatGPT.

1561% increase in visits to the OpenAI site

After the launch of the ChatGPT language models in November 2022, the OpenAI website grew dramatically by 1561% in page views per month.

With one million users using the platform in five days, it grew from 18.3 million to 304 million in December.

Like ChatGPT's growing user base, the OpenAI website has seen its share of success since ChatGPT was launched.

44th globally in terms of traffic

Similarweb reports that after OpenAI launched ChatGPT, the organization's website skyrocketed and became the 44th most popular site in the world in terms of traffic.

With billions of web pages around the world, this is an impressive achievement for a relatively new AI company.

OpenAI and Dall-E

Open AI has developed two extraordinary machine learning AIs - ChatGPT and Dall-E.

The latter is a remarkable image generation program that can generate incredible visuals from human-type text.

Dall-E is one of the best AI image generators and can turn text into images in seconds.

These two AIs have allowed OpenAI to gain global recognition and strengthen its user base.

Investment and valuation

These two aspects are equally important in determining the success of ChatGPT.

OpenAI Assessment

After deploying ChatGPT, an advanced AI chatbot, Open AI saw its valuation skyrocket to an astronomical $29 billion.

For a company that started in 2015, this is an impressive achievement and a validation of the success of its AI technologies.

ChatGPT is becoming an indispensable part of modern technology, and the valuation of Open AI is a testament to this.

Microsoft's interest in OpenAI

Microsoft has officially aligned itself with Open AI and provided a massive initial investment of $1 billion and an additional $10 billion in funding.

This massive inflow of funds has allowed OpenAI to intensify its development and continue to push the boundaries of AI.

Microsoft's investment in OpenAI and its ChatGPT project indicates its commitment to natural language processing and its interest in OpenAI technology.

Precision

A precise tool is an effective tool.

Now let's take a look at the accuracy of ChatGPT.

GPT chat accuracy

Chat GPT offers an impressive accuracy rate of 85+%.

This high accuracy rate makes it a unique artificial intelligence machine.

Whether it's creating accurate code snippets (which makes it an invaluable asset for software engineering) or providing real answers to customer service questions, ChatGPT is an extremely useful tool.

This level of precision in ChatGPT can lead one to believe that a human wrote the text, because it generates text that resembles that of a human (we'll come back to the negative aspects later).

The future with GPT 4

GPT 4 is the next version of OpenAI's technology that is expected to be released in 2023.

This new and improved version of GPT promises to offer a higher accuracy rate and increased speed, making it the perfect tool for truly cutting-edge AI development.

ChatGPT users expect GPT 4 to be 100x more powerful than GPT 3 thanks to its computing prowess.

If that's the case, that could mean ChatGPT will become even more popular.

ChatGPT core

The core of ChatGPT is its AI technology and the underlying algorithms that allow it to produce code snippets that are just as accurate.

ChatGPT works on GPT-3.5

ChatGPT is an exceptionally optimized text-DaVinci-003 model, based on GPT-3.5 (a model located between GPT-3 and GPT-4), designed for ultimate efficiency and precision.

Being an improved version of GPT-3, GPT-3.5 adds additional layers of AI to the model and allows it to generate more accurate code snippets with a greater degree of accuracy.

The role of InstructGPT

text-DaVinci-003 takes AI to the next level by improving InstructGPT, another GPT model.

Text-DaVinci can understand and provide a faster response than GPT 3 could ever do.

The key to reinforcement learning from human feedback (RLHF)

RLHF powers ChatGPT.

This technology allows humans to train the underlying framework using human feedback.

RLHF, also known as reinforcement learning with human feedback, is a method in which AI trainers provide human-level feedback during model training.

This process improves ChatGPT responses by allowing its respondents to rate each response as “correct” or “false.”

Thanks to this approach, ChatGPT can become more accurate and more effective in its responses.

Search engines and ChatGPT

GPT chat Can it be one of Google's new competitors and compete for search engine results?

The latest iteration of the ChatGPT model for search engines, Prometheus, now powers Bing AI.

The developers have ensured that this highly advanced algorithm provides users with a more efficient and reliable experience.

ChatGPT dataset

With a training data set that includes 300 billion words and 570 GB, ChatGPT is powered by crawled web data, books, Wikipedia articles, and more.

This combination of increased accuracy and larger data sets allowed ChatGPT to provide more accurate answers, code snippets, and conversations.

ChatGPT cannot access the Internet as a single product

ChatGPT can be a pre-trained generative transformer model.

However, the developers did not design it to access the latest version of the Internet (that is, to know what is happening right now).

Users should rely on other products and services to obtain up-to-date information and interact with the Internet.

For example, anyone who wants to get up-to-date information on the situation in certain countries (Afghanistan, Russia, Belarus, Ukraine, Venezuela, China, Iran, etc.) will not be able to find it through ChatGPT.

While complex conversations are possible, ChatGPT cannot access what is happening right now.

This fact is one of the critical limitations of ChatGPT that should be taken into account.

Disadvantages of ChatGPT

One of the main disadvantages of using ChatGPT is that users may have malicious intentions when using the platform.

Phishing messages using ChatGPT

ChatGPT is a powerful artificial intelligence capable of generating human-looking texts.

Malicious users can create phishing messages that mimic legitimate contact.

ChatGPT may be able to create highly irresistible phishing messages and produce malicious code without any programming knowledge.

Users can also ask ChatGPT to act as a doctor, lawyer, or financial advisor to provide inaccurate information.

Thanks to its AI and finely tuned algorithms, Chat GPT can suggest very convincing code snippets or conversation starters.

Chances of a successful cyber attack

Over 50% of IT professionals believe that a successful cyberattack is within reach thanks to ChatGPT.

Malicious users have already used ChatGPT for harmful activities.

These activities include the development of an information thief, an encryption tool, and malicious software scripts on the dark web.

Additionally, as ChatGPT also provides erroneous answers, it is essential to verify the information provided by ChatGPT with other sources.

Watermark for ChatGPT content

Open AI plans to filter content generated by ChatGPT in the future.

This will help them find the source of all the data.

This watermark would also prevent plagiarism and other unwanted activities.

ChatGPT in education, development and e-commerce

ChatGPT is used in education, development, and e-commerce.

Essays and research papers

ChatGPT is a valuable tool for producing trustworthy essays and research papers.

Although the tools of AI content detection If present, they are not always exceptionally reliable.

ChatGPT can deliver results that are superior to other methods thanks to its accuracy and detail-oriented approach.

Whether it's information about SEO tactics and strategies or meta-directed research and testing documents, ChatGPT can generate unique and accurate content.

Thus, the potential for misuse in academia is relatively high.

Stack Overflow has banned the use of ChatGPT

Stack Overflow banned the use of ChatGPT because of its ability to produce realistic, but also erroneous, answers.

As this is one of the limitations of ChatGPT, finding legitimate and functional solutions would be much more complex and time-consuming for Stack Overflow users.

Amazon and sensitive information

Amazon warned its employees against sharing confidential information during conversations with ChatGPT.

Their decision should make it possible to save sensitive information that users could use maliciously in the event of a leak.

ChatGPT as an educational tool

ChatGPT can be an educational tool to help students explore fields of investigation by providing them with a multitude of information.

Educational support for students

The Indian government is considering using ChatGPT as a teaching aid for students.

With the introduction of Lexi, the first chatbot application in India powered by AI and ChatGPT, this task has become more feasible.

Lexi can converse with students, help them understand complex concepts, and answer their questions.

It can also offer interactive learning sessions and generate practical problems.

Microsoft Office and ChatGPT

Later this year, Microsoft will introduce this AI technology into its Office suite.

This cutting-edge technology promises to revolutionize the way people use their office applications.

Whether creating documents or presentations, users can take advantage of ChatGPT for suggestions and advice.

Third-party tools based on ChatGPT

There are numerous third party ChatGPT-based tools that are becoming popular for a variety of tasks.

twitter

For anyone looking to simplify their content creation on Twitter, TweetGPT is a great Chrome extension.

It uses ChatGPT's innovative technology to effectively write tweets, making it an indispensable tool for any savvy social media user.

ChatGPT voice input

Prometheus, a groundbreaking Chrome extension, can Turn your voice into text.

Give ChatGPT a voice message, and it will generate an accurate response.

youtube

YouTube Summary is an extension that provides a quick preview of a video.

It bases its summaries on ChatGPT's AI, providing viewers with a concise summary.

Summary.

ChatGPT launched in November 2022, and not many people knew what to expect when it debuted.

Looking at the above GPT Chat stats should now provide insight into how this powerful AI-powered tool works and what it can do for your business.

ChatGPT is constantly learning from data and experiences, so its capabilities will undoubtedly continue to develop over time.

ChatGPT can help you provide better customer service, better understand user behavior, and develop more effective marketing strategies.

More information: To make ChatGPT work, you need to know the Good prompts, and understanding the processing capabilities of natural language and machine learning is critical.

Talking with this AI model in a natural and engaging way can help create effective conversations.

Here is another article on how to use ChatGPT to make money.

FAQs

What is Google Bard?

Bard is Google's competitive answer to ChatGPT.

This tool uses a mix of natural language processing, machine learning, and deep learning.

What is Microsoft's Azure chatbot?

Microsoft Azure Bot Service is an AI-powered chatbot that enables conversational computing through natural language processing and machine learning.

It helps users interact with their applications using voice commands, text input, or both.

What linguistic tasks can ChatGPT be used for?

ChatGPT can be used to help complete a variety of linguistic tasks, including summarizing text, answering questions, and generating dialogues.

As a language model, it uses a shared parameter to allow a contextual understanding of language.

How does ChatGPT work?

ChatGPT encodes natural language inputs into an embedded or distributed representation.

From there, the model can make predictions based on what it has learned from previous examples.

It can then generate a response tailored to user input, producing a conversation-like experience.

Does ChatGPT offer an API?

Yes, developers can access the ChatGPT API and integrate its features into their own applications.

How does NLP work with ChatGPT?

ChatGPT works by using natural language processing (NLP) to understand user input and generate a response.

It uses tokenization, dependency analysis, and sentiment analysis to accurately interpret user intent.

The model then uses a deep learning architecture to generate the response.

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