Chat GPT Statistics: Income, Recognition, Implications & Potential

Prime Chat GPT Statistics

  1. After only one week since its launch, ChatGPT has already amassed multiple million customers.
  2. OpenAI, the corporate that owns ChatGPT, estimates that they’ll be capable of herald one billion {dollars} of income by the tip of 2024.
  3. OpenAI’s worth was raised by ChatGPT to USD 29 billion. Presently, OpenAI is among the many most beneficial American corporations.
  4. By the tip of 2023, there might be round 1 billion ChatGPT customers.
  5. GPT 3 was downloaded 3,771 instances from folks situated all around the world within the preliminary 10 days of January 2023, whereas the app Lia ChatGPT was downloaded 3,560 instances throughout the identical timeframe.
  6. In line with stories, Microsoft will purportedly combine ChatGPT into its Bing search engine in 2023.
  7. The share of feminine customers of ChatGPT, DALLE 2, and GPT 3 is 30.4%, whereas the share of male customers is 69.4%.
  8. When GPT-4 is lastly launched in 2023, it’s anticipated that it’s going to have a storage capability of as much as 280 billion ML parameters. In distinction, GPT-3 has the flexibility to retailer 175 billion ML parameters, whereas GPT-2 has 1.5 billion ML parameters.
  9. Microsoft is anticipated to combine OpenAI’s ChatGPT chatbot know-how into Excel, Phrase, PowerPoint, and Outlook by 2023.
  10. A share sale that may enhance ChatGPT’s total value to $29 billion and place it among the many most beneficial US companies with modest revenues is now being mentioned.
  11. Inside just a few days, ChatGPT’s traits went from lower than 1% to 100%.
  12. Many easy inquiries acquired incorrect replies from ChatGPT.
  13. Stack Overflow has banned ChatGPT.
  14. 570 GB of data from textbooks, journals, and internet pages served because the coaching information for ChatGPT.
  15. Attributable to the truth that ChatGPT’s coaching was terminated in 2021, it will possibly solely retrieve information from earlier than that yr.


Income of ChatGPT

By the tip of 2023, ChatGPT is projected to generate $200 million (Reuters 2)

Realistically, $200 million in income is anticipated to be generated by the tip of this yr (2023), which is a step towards the forecast of $1 billion by 2024.  The numbers and the forecasted income for 2024 had been initially reported by Reuters.

These figures reveal how optimistic the Silicon Valley know-how trade is about the way forward for ChatGPT and OpenAI. They consider that there might be much more underlying and potential know-how than what’s now proven.

Recognition of ChatGPT

A million folks signed up for ChatGPT throughout the first 5 days after it was launched in November, 2022 (Statista)

In line with a report introduced by OpenAI itself, ChatGPT was first made out there to the general public on November 30, 2022. In solely 5 quick days, the applying gained multiple million customers.

Chat GPT statistics - million users

World shoppers put in the software program Lia ChatGPT 3,560 instances within the preliminary 10 days of January 2023, in comparison with 3,771 downloads of GPT 3 (Statista)

Chat GPT statistics - comparison

Implications of ChatGPT

ChatGPT scored a C+ on College of Minnesota graduate examinations and a B to B- on Wharton College exams in a blinded take a look at (CNN)

The instructors on the College of Minnesota Legislation College scored the examinations blindfolded to see how successfully ChatGPT may produce responses on exams for the 4 topics.

Following the completion of 95 MCQs and 12 essay questions, the bot achieved a mark that was beneath common however ample to move all 4 lessons. It did so by performing equivalently to a C+ pupil total.

Professors are making changes in response to doubts relating to a potent new AI instrument, ChatGPT, which carried out higher on a take a look at for a enterprise administration course at Wharton, the place it acquired a B to B-.

Chat GPT banned in 7 International locations Attributable to Safety Considerations

Attributable to safety points, ChatGPT will not be accessible in all nations, a few of that are main (OpenAI Beta)

The next seven nations would not have entry to CPT-3 or ChatGPT know-how.

  1. Russia
  2. China
  3. Afghanistan
  4. Belarus
  5. Ukraine
  6. Iran
  7. Venezuela


On condition that Russia, Iran, and Ukraine are on the checklist of countries related to terrorism, it isn’t stunning that they’re prohibited from utilizing it and not using a VPN.

Quite a few Egyptians have additionally complained that they’re unable to make use of the chatbot.

This doesn’t indicate that it received’t finally be accessible within the majority of countries worldwide. It additionally doesn’t indicate that it received’t be prohibited in further nations.

Advantages of ChatGPT

ChatGPT is among the many most receptive and efficient chatbots (Emeritus)

ChatGPT is thought to be one of many trade’s handiest chatbots. For customers, ChatGPT comprises a number of the most helpful and environment friendly use circumstances. These qualities encompass the next:

  1. It permits customers to rectify replies sooner or later.
  2. It retains observe of earlier solutions and instructions.
  3. With a view to forestall objectionable outcomes from being created, it provides filters to filter searches by means of an API moderation instrument. It’s meant to disregard any potential sexist or racist cues.
  4. ChatGPT at present performs higher than another chatbot in the marketplace.


Limitations of ChatGPT

When a query about something happens after September 2021, ChatGPT will deny its entry to that information, and you will note this notification addressing this restriction.

ChatGPT is Restricted to Present Information Till 2021 (Open Sky Information)

This know-how’s coaching concluded in September 2021; due to this fact, its data is restricted to 2021 and previous years.

Because of this, it at present has a minimal threshold for information that it might use.

Moreover, it informs you that after that date, it can not entry or surf the web for information.

New App Goals to Fight AI-Generated Essays in Academia

A pupil at Princeton College named Edward Tian claims to have created an app that may establish essays written using ChatGTP (The Guardian)

In line with Edward Tian, his GPTZero software program can inform if an essay was produced by an individual or a pc program.

The app will stay free to ensure that all tutorial institutions to have entry to it.

Tian claims that he spent his New Yr’s Day growing a program that may help instructors in figuring out plagiarism and essay-writing software program.

This app is anticipated to turn out to be reside in mid- to late-January 2023. That appears fascinating. Proper? This demonstrates how rapidly know-how can advance.

OpenAI’s ChatGPT Joins Forces with Bing for Smarter Search Outcomes

After making a hefty $1 billion funding in OpenAI, Microsoft is now making an attempt to combine ChatGPT into its Bing search engine (The Guardian)

In line with The Guardian’s stories, Microsoft and OpenAI be part of forces to provide extra fascinating search outcomes for its Bing search engine. The system converses with customers and provides them extra clever responses utilizing a mixture of AI and pure language processing. Microsoft expects ChatGPT to reinforce the consumer expertise and contribute to growing visitation to its search engine.

Chat GPT Stats Closing Phrases

So these are the important thing Chat GPT statistics. As you’ll be able to see Chat GPT unquestionably has a substantial distance to go contemplating the increasing scope of synthetic intelligence (AI) and the preponderance of bots that simulate human habits. OpenAI is at present engaged on enhancing the mannequin and eradicating a number of the restrictions that it at present has.

As a result of OpenAI is at all times working to enhance it, we’ve excessive hopes that Chat GPT will sooner or later present us with a extra correct and foolproof illustration of the mannequin. Regardless of the latest improve, it was found that the embedding mannequin of Chat GPT features extra successfully.