ChatGPT Traffic Continues Decline, Extending Third Consecutive Monthly Drop

chatgpt-traffic-continues-decline-extending-third-consecutive-monthly-drop

OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot that debuted in November, had monthly website traffic decline for the third consecutive month in August, according to analytics firm Similarweb.

Nevertheless, there are hints the dip is ending. The number of visitors to the ChatGPT website from desktop and mobile devices worldwide fell by 3.2% to 1.43 billion in August, following 10% declines in each of the two preceding months.

Users have been spending less and less time on the website on a monthly average basis since March, falling from 8.7 minutes in March to 7 minutes in August.

But, from 180 million users in August, there were 180.5 million unique visitors from throughout the world.

Since some schools have already begun utilizing ChatGPT, the start of the new school year in September may increase usage and traffic. Due to the return of American schools in August, U.S. ChatGPT traffic somewhat rose.

Read Also: AI-Powered Fraud-for-Hire: New Dark Web Scam

Generative AI Revolution

chatgpt-traffic-continues-decline-extending-third-consecutive-monthly-drop
OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot that debuted in November, had monthly website traffic decline for the third consecutive month in August, according to analytics firm Similarweb.

The use of generative AI for common tasks like editing and coding took off two months after ChatGPT launched, and in January it had amassed 100 million monthly active users.

Generative AI utilizes data to produce new material, such as articles or poems.

It was the fastest-growing consumer application ever prior to the advent of Metas Threads, and it is currently among the top 30 websites on the planet.
This year saw the launch of a number ChatGPT rivals, including Google’s Bard chatbot.

Microsoft’s Bing search engine also provides a free chatbot that uses OpenAI.

OpenAI released the ChatGPT iOS app in May, which diminished the number of people who visited its website. Despite the fact that ChatGPT is free to use, a premium subscription costs $20 each month.

In addition to ChatGPT, OpenAI makes money by providing direct access to its AI models to developers and companies. It also makes money from a partnership with Microsoft, which gave the company more than $10 billion.

Read Also: Cracking Down on Big Tech: EU Sets Sights on Apple, Amazon, Alphabet, ByteDance, Meta, Microsoft

Source: Marketscreener

Leave a Reply

Your email address will not be published. Required fields are marked *