How Many People Use ChatGPT

ChatGPT Users: How Many People Use ChatGPT in 2024?

Published on: June 30, 2023
Last Updated: June 30, 2023

ChatGPT Users: How Many People Use ChatGPT in 2024?

Published on: June 30, 2023
Last Updated: June 30, 2023

Quick Answer 🔍

How many people use ChatGPT in 2024?

ChatGPT has over 100 million users, making it the fastest growing application of all time.

If you are one of the tech savvy folks of the  21st-century, chances are you jumped into the ChatGPT craze in December 2022. 

Only if you are lucky – the new AI site crashed just days after launching in November 32 to the sudden moves in user count.

How many people use ChatGPT today and is it free to use this platform?

Find out the answers to your questions in this article.

How Many People Use ChatGPT in 2024?

ChatGPT

ChatGPT amassed 1 million users in just five days after launching on November 30.

The site crashed for 40 minutes and trended on Twitter on the same day.

ChatGPT has over 100 million users, making it the fastest growing application of all time.

Due to its popularity, its parent company, OpenAI, doubled its valuation to $29 billion after ChatGPT launched.

This is an impressive improvement given that the platform is still free of charge at its current version.

Many venture capitalists such as Thrive Capital and Founders Fund have already voiced out plans to buy OpenAI shares worth $300 million as ChatGPT is reckoned to be the future of the artificial intelligence industry.

ChatGPT Generative AI Technology 

Unlike many existing chatbots, ChatGPT makes use of generative AI technology. 

Generative AI is one type of artificial intelligence technology that creates its own original content through using its human-like comprehensive capabilities. 

This means that this type of AI does not only give users existing data, but texts and images produced through this method are entirely unique.

ChatGPT is one of the first to successfully leverage this technology to its advantage, without encountering problems involving hate speech and discriminatory remarks as encountered by its predecessors from Microsoft and Meta.

Generative AI is useful in many content-related pursuits such as content writing, emailing, graphic design, and voice recordings among others.

Fast Facts About ChatGPT and OpenAI

ChatGPT

ChatGPT is the latest addition to OpenAI’s GPT 3.5 family.

Its parent company was founded in San Francisco, California in 2015 by current CEO Sam Altman and the controversial Tesla leader, Elon musk. 

Although Musk officially resigned from his OpenAI duties in February 2018, he remains the company’s donor and advisor.

Microsoft also has an important role in OpenAI, having invested $1 billion in the company back in 2019.

Sources claim OpenAI will reach profitability in 2023, with a targeted $200 million revenue for the year.

This is forecasted to grow further next year and hit its first billion-dollar revenue in 2024. 

ChatGPT’s First Version

ChatGPT’s current landscape is a mass-testing version of the platform to see areas for improvement for future use.

This is why the site crashed at the height of its launch – the current version is not designed to accommodate millions of users at one time. 

ChatGPT and GPT3 Technology

As mentioned, ChatGPT is part of OpenAI’s GPT 3.5 family, the latest of all GPTs in circulation. 

According to a study conducted by Stanford University, GPT3 leverages 175 billion parameters, tested on 570 text gigabytes.

This means that the technology has been trained to analyze large amounts of data so much so it can predict the word that comes next in a sentence. 

This explains why ChatGPT can construct cohesive sentences and produce human-like paragraphs, while translating texts from one language to another. 

Countries with ChatGPT Restrictions

ChatGPT is available in many countries. Sadly, it could not be accessed from some locations with strict government-imposed internet restrictions.

Some of these include China, Russia, Ukraine, Afghanistan, Iran, Belarus, and Venezuela. 

If you are living in any of these locations, worry not. There is a way to go around this problem. 

Here are some ways to access ChatGPT if it is not readily available in your country:

  1. Make use of a VPN for ChatGPT. A VPN is an effective way to bypass location detection, making it easy for you to access ChatGPT at any time.
  2. Browse in private mode. If you do not want to pay for a VPN service, you may try to browse on a private mode a.k.a using your browser’s incognito features to restrict censorship.
  3. Reach out to OpenAI’s support team. Users from some countries may encounter unexpected restrictions. If this happens to you, simply send OpenAI’s support team an email to let them know about your concern.

ChatGPT Limitations

Artificial intelligence is an amazing feat, and ChatGPT is a living testament for that.

However, while it can accomplish tasks within seconds and do novel things on the side, it still has its loopholes and limitations.

ChatGPT only supplies facts and data which developers extracted from 2021.

This means that if you are looking for data-driven information for 2022 and 2023, it cannot give you that. 

But it can work best on general facts, and this is the reason why many educational institutions has posted a ban on the platform.

They claim ChatGPT is teaching students how to “cheat” on their exams as it can solve a complex mathematical problem and provide a detailed solution within seconds. 

ChatGPT False Information

Moreover, ChatGPT is like your casanova lover – full of false information and promises delivered in such well-written sentences, making it hard to tell a truth from a lie.

A good number of content produced by ChatGPT is false, so you got to make re-check your facts straight before posting or sending them to the public. 

Chatbot Revenue Statistics

OpenAI

Many companies like OpenAI are attempting to break into the chatbot industry for a reason: it is the future of technolgy. 

Here are some chatbot statistics concerning industry revenue from 2018 to 2022, and the industry’s forecasted value through 2027. 

  • 2018 – the industry generated $40.90 million revenue during the year
  • 2019 – the industry generated $51.70 million revenue during the year
  • 2020 – the industry generated $65.50 million revenue during the year
  • 2021 – the industry generated $83.40 million revenue during the year
  • 2022 – the industry generated $106.60 million revenue during the year

Chatbot Industry’s Forecasted Revenue from 2023 to 2027

  • 2023 – the industry is forecasted to reach a $137.60 million revenue this year
  • 2024 – the industry is forecasted to reach a $179.90 revenue during the year
  • 2025 – the industry is forecasted to reach a $239.20 revenue during the year
  • 2026 – the industry is forecasted to reach a $325.30 revenue during the year
  • 2027 – the industry is forecasted to reach a $454.90 revenue during the year

Conclusion

ChatGPT is a breakout technology of 2022 and continues to be so.

The world’s most acclaimed technology analysts claim that the platform is the best AI platform ever launched, surpassing the previous mistaked made by its predecessors. 

ChatGPT has 100 million users and counting!

The best thing about it is it’s free to use for the moment, making it easily-accessible for millions of internet users worldwide.

Sources

WSJInvestopediaSearch Engine Journal
StatistaDemand SageOpenai
Euro NewsDown for Everyone or Just MeFast Company
Windows ReportThe AtlanticIndian Express
CMSWireReuters

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Written by Jason Wise

Hello! I’m the editor at EarthWeb, with a particular interest in business and technology topics, including social media, privacy, and cryptocurrency. As an experienced editor and researcher, I have a passion for exploring the latest trends and innovations in these fields and sharing my insights with our readers. I also enjoy testing and reviewing products, and you’ll often find my reviews and recommendations on EarthWeb. With a focus on providing informative and engaging content, I am committed to ensuring that EarthWeb remains a leading source of news and analysis in the tech industry.