The ChatGPT user base has shown lightning-speed growth in just 5 days of launch. It crossed the mark of 100 million users and the number is growing continually every day. This AI chatbot has caused a large-scale disruption which has compelled individuals and industries to try and leverage it. ChatGPT’s immense success has made it the fastest-growing consumer application in history.
This article will discuss more such ChatGPT statistics in all aspects from growth to market size, and adoption rates. This read also gives you a glimpse of the wave of change brought by this AI chatbot in different industries and what the future of ChatGPT looks like.
ChatGPT-4 & ChatGPT-4 Turbo Stats and News
AI tools have introduced the world to a state of ease that we didn’t know we needed. Something that was just a thought or a fantasy is now a reality. From generating ideas, content creation, automation, and music creation, AI tools find their application in every industry. This blog focuses on the most popular AI tool today ChatGPT-4 & ChatGPT-4 Turbo and how it has caused a mass-scale disruption worldwide.
Taking The Art Of Conversation To The Next Level
OpenAI introduced the world to yet another AI chatbot which is much better than ChatGPT-4 at the developers’ conference on November 8th, 2023 called ChatGPT-4 Turbo. This improved version is capable of processing a huge amount of text than its predecessor and has a context length of 128K. This feature allows ChatGPT-4 Turbo to have longer conversations without losing track of an ongoing topic.
ChatGPT-4 offers more accurate and precise results as compared to legacy Chat ChatGPT-3.5 and Default Chat ChatGPT 3.5 whereas ChatPGT-4 Turbo is above all its predecessors in every aspect. ChatGPT-4 Turbo offers more accurate and precise results, has more input and output capacity, can handle complex tasks effectively, and provides more factual responses.
Furthermore, ChatGPT-4 is trained on 570 GB of dataset with 175 billion parameters. On the other hand, ChatGPT-4 Turbo is trained on 100 trillion parameters which is close to a human capability and 571 times larger than that of ChatGPT-3. Additionally, it can produce 40% more accurate information than its predecessors and is 82% less likely to respond to restrictive queries.
Let The Numbers Do The Talking!
Currently, ChatGPT has more than 180 million users worldwide with 25 million daily users. There has been a steep growth in its popularity from January to August 2023 which is around 80%. ChatGPT receives a daily query traffic of 10 million to which it responds correctly thanks to the amount of data it is trained on.
Furthermore, more than 15% of ChatGPT users are from the US and other top countries account for 33.8% of the total ChatGPT users. These top countries include India, Japan, and Canada which have 6.32%, 4.01%, and 2.75% users respectively.
The Talk of The Town
ChatGPT is still the fastest-growing service in the world. Since its launch, it has only raised the bar for other AI tools competing for the top spot. With ChatGPT-4 it has firmed its place at the top even more with more advanced features. Recently, the world witnessed a 90-minute ChatGPT outage. OpenAI opened up about this major outage and labeled this as an attempt by cyber attackers to swamp its services.
Additionally, yesterday, OpenAI had its first-ever developers which shed some light on OpenAI’s upcoming actions. This developers’ conference helped the world know of some interesting things which include, OpenAI to launch a GPT store in November 2023, letting anyone create their own version of ChatGPT, “Copyright Shield” to defend customers from legal action against copyright infringement cases, and making ChatGPT-4 even more cheaper.
A significant world population believes AI is a future technology, but it is happening now. More than 86% of businesses are leveraging AI and believe it to be a foundational strategy to succeed in the coming time. Furthermore, more than 80% of fortune 500 companies have set an example of how AI tools like ChatGPT have helped them manage their data securely and simply business operations. Now is the time to join the AI bandwagon to unleash the hidden business potential with such tools and platforms.
ChatGPT (4 Turbo)Growth Statistics 2023-2024: Since Inception till Now
When ChatGPT had just entered the market, it grew by 9,990% in 660 days and today it has over 180.5 million active users. This number has marked an 80.5% increase in 8 months. Additionally, it generates 80 million per month as revenue and is expected to earn a total revenue of $200 million by the end of 2023.
ChatGPT has found its applications in many areas and is useful for both personal and commercial purposes. From marketers to industrialists, and researchers everyone has used ChatGPT. As per a report by ZDNet, 62% of techies, 59% of healthcare workers, and 56% of marketers use ChatGPT regularly for work-related tasks. Furthermore, 51% of construction users, 50% of business service providers, and 50% of professionals in the education sectors come under the group that uses ChatGPT less frequently.
|November 2022||1 million users in 5 days after launch|
|December 2022||100 million active users|
|January 2023||13 million new visitors every day|
|February 2023||1 billion visits131.58% growth in user base grew|
|April 2023||173 million active users576.6% increase in visits since December|
|June 2023||1.6 billion visits to the website160% increase from February|
|October 2023||180.5 million active users|
OpenAI released a premium version of ChatGPT known as ChatGPT Plus in October 2023. This version is available for the users at a monthly subscription of $20 where they can access the platform during high traffic, enjoy faster response time, and get right-of-the-way access to new features.
Despite a user base of 180.5 million, the number of ChatGPT paid subscribers is around 1% of the total active users. Even though there aren’t many paid ChatGPT subscribers, its adoption is happening on a massive scale.
Since ChatGPT’s official launch, it has reached numerous milestones. One of the most significant ones reached 100 million active users in the first two months of launch which made ChatGPT a widely used AI chatbot solution. Another milestone was achieved when it reached 3771 downloads in the first ten days of launch. Today, ChatGPT handles more than 10 million queries daily.
Looking at the growing popularity of this AI chatbot, OpenAI is spending $700,000 daily to run and make it better. These expenses include the cost of computing and data training, staff, and other expenses.
Talking about popularity, ChatGPT has broken all the records of other popular apps like NetFlix, Twitter, and Instagram.
|Platform / Application||Time taken to reach the 1 million mark|
However, the record of reaching the 1 million mark in the shortest time is now broken by Threads that reached this mark in 1 hour!
ChatGPT 4 turbo statistics 2023-2024: ChatGPT User Insights
ChatGPT offers a host of solutions to various queries. Whether writing an email or generating ideas for content creation, this platform is trained to provide you with information that saves time, effort, and money.
Currently, every user spends 7 minutes and 27 seconds on average on ChatGPT and the bounce rate is 38.67%. Furthermore, the ChatGPT website receives traffic of nearly 1.5 billion visitors every month and the number is expected to increase as the popularity of this AI platform grows.
The news of ChatGPT spread like wildfire and social media sites played a major role in helping the platform reach more people. ChatGPT receives 88% of the total traffic from the website and 4.22% from other social media sites. This platform receives the most total social media traffic from YouTube (60%) and the rest from WhatsApp (10.64%), Facebook (8.83%), Twitter (3.87%) and LinkedIn (3.36%) and the rest from other social media platforms.
This AI chatbot is most popular among male users (65.68%) as compared to female users (34.32%). Additionally, ChatGPT is the most popular among people who are aged between 18 and 34 who are mostly millennials and GenZs. As this generation is the most tech-savvy generation of them all, it is safe to say that they are important customers as well as critics.
ChatGPT Users by Age
Almost half of the people from each age group use ChatGPT daily. In general, 61% of GenZs, 55% of Millenials, 51% of GenX, and 54% of baby boomers use ChatGPT regularly.
Furthermore, 42% of millennials find ChatGPT useful for business purposes while only 29% of Gen Zs, 26% of Gen X, and 20% of baby boomers use this platform for professional purposes.
People spend a lot of time on ChatGPT to do a host of things. Those who use this AI platform at work say they use it to generate ideas (41%), create content (20%), respond to emails (14%), write code (11%), create resumes (10%), and prepare presentations (9%).
ChatGPT daily active users
Here is some information in a tabular format on how much time people spend on ChatGPT daily.
|2%||More than an hour|
|8%||About half an hour|
|19%||Around 10-15 minutes|
|29%||Around 5 minutes|
|38%||Up to 10 minutes|
Though the growing popularity of ChatGPT is certainly paving the way towards a better future in some aspects, it is also a topic of concern for those who fear it will replace them from their jobs. According to a March survey done by Pew Research, Millennials are most worried about AI replacing them at their job. With the number of layoffs happening, because ChatGPT can better do a particular job, it is natural to have such a fear. But this technological advancement was conceived to enhance human potential and not replace them.
After all, ChatGPT is just a machine that does a job based on the information fed into it. The humans make the job fruitful by adding their emotional intelligence and creativity which the machine lacks.
ChatGPT statistics 2023-2024: ChatGPT’s Global Journey
The entire world is now aware of ChatGPT’s capabilities and is utilizing this platform to earn money, learn new things, and simplify their work. Currently, ChatGPT is available in 161 counties with The United States having 46.75% of the global user base of ChatGPT and having the highest number of ChatGPT users. Countries such as India, Canada, and Japan secure second, third, and fourth positions respectively.
ChatGPT user base by Region
|Country||User Base Percentage|
|The United States||15.22%|
Other countries such as Brazil, Colombia, Lebanon, Palestine, Morocco, and Kenya also have a significant ChatGPT user base.
While the whole world is going gaga over ChatGPT, countries like China, Russia, Belarus, Venezuela, Afghanistan, and Iran, along with a few others, cannot access ChatGPT. Also, OpenAI has blocked ChatGPT in several countries including Russia, China, North Korea, Cuba, Iran, and Syria.
However, the ChatGPT ban on countries like Ukraine and Italy has now been lifted in February 2023, and March 2023 respectively.
ChatGPT statistics 2023-2024: ChatGPT’s Industry Footprint
While ChatGPT is being highly leveraged by individuals, it also has a wide range of applications in various industries. From finance to healthcare, ChatGPT has its inroads in every industry but it is mostly used in the IT and education industry. More than 200 companies in these industries have embraced this platform in 2023. In the United States which has the highest number of ChatGPT users, 49% of companies are currently using it, and 30% plan to use it in the future.
Furthermore, as Fortune 500 companies are increasingly adopting generative AI beyond ChatGPT, it has created a ripple effect and has resulted in more and more companies embracing this technology with open arms.
Additionally, OpenAI has launched ChatGPT Enterprise which offers high-level security and privacy features. This new advancement is useful for business leaders which enables them to manage their data with enterprise-grade security. As per OpenAI, more than 80% of Fortune 500 companies are leveraging this feature.
This new form of automation is widely leveraged by users in generating high-quality content (58%), delivering customized customer support (57%), personalized learning, offering marketing and advertising ideas to influence target customers, developing a code (66%), and consolidating written or verbal information (52%).
In the marketing and advertising industry, ChatGPT helps generate marketing materials such as website content, blogs, ads, and emails to name a few. As per a survey, 58% of marketers are leveraging ChatGPT to fulfill their content requirements. Furthermore, in the IT industry, 66% of techies use ChatGPT for coding. Also, ChatGPT has replaced 48% of workers and 25% of companies that entrusted this platform have saved around $75,000.
On the job market front, many have mixed reactions to ChatGPT. While 33% of employers feel the advent of this new form of automation will lead to layoff, 90% believe that ChatGPT know-how will be a great skill to have. Additionally, 76% and 70% of marketing and education professionals will use ChatGPT with their employer’s consent.
According to a study, ChatGPT has resulted in a significant increase in the productivity levels of both freshers and experienced workforce. This platform has also merged the gap that existed between the workforce with different sets of skills. With ChatGPT by their side, they can leverage this platform to do jobs which aren’t their expertise in times of need.
Additionally, 58% of the young population believes that ChatGPT has helped them increase their productivity in assisting customers and 85% of them prefer this AI chatbot over speaking to a human customer service agent. On the other hand, 50% say the real potential of ChatGPT is writing code and producing non-marketing content.
ChatGPT User Satisfaction
ChatGPT has solutions to all the questions a user can ask and if it doesn’t it mentions it has no information about a particular topic. There have been very few instances where ChatGPT has presented the user with wrong or outdated information. Hence, ChatGPT’s customer satisfaction rate is 90%.
According to a survey, 74% of users have had a positive experience using ChatGPT or similar services, and 67% of users mentioned that the platform understood and provided them with satisfactory responses. Furthermore, 80% felt that ChatGPT was helpful with their work-related tasks.
Despite the high customer satisfaction rates, there are some concerns raised about this new AI platform. In the same survey mentioned above, 30% of users were unsatisfied with ChatGPT’s or similar platforms’ performance. 29% of them raised a concern about wrong answers while 24% mentioned lack of understanding.
Earlier people had to spend hours searching for relevant information on the Internet. But today, ChatGPT has significantly reduced that time as people now get the required information within minutes. 68% of ChatGPT users said they choose ChatGPT over search engines to find information as it is fast, concise, and relevant.
ChatGPT Versions : ChatGPT statistics 2023-2024:
Since ChatGPT’s launch, it went through a lot of changes which led to improved features that are helping its user base to utilize it for their personal and professional use. This new form of AI has different versions available for the users as per their needs.
- Legacy Chat ChatGPT 3.5 is the first version of ChatGPT which was designed to generate text, perform translation, produce creative content, and provide information to user queries. This version was built on the GPT 3.5 language model which was observed to be slow especially when generating large chunks of information.
- Default Chat ChatGPT 3.5 is the newest version of ChatGPT that offers the same features as the first version but with better speed despite being built on the GPT 3.5 language model.
- ChatGPT 4 is a new version built on the GPT 4 language model. It offers features like unlimited high-speed access to GPT-4, advanced security, privacy, and data analysis features along with a few others. This version is available for paid subscribers as ChatGPT Plus. This model has a memory of 25000 words, understands 26 languages, and is 40% more accurate than the earlier version. Also, its chances of helping out users with inappropriate requests are less than 80%. Furthermore, ChatGPT 4 has also proved its potential as it passed several exams like the International Biology Olympiad, US BAR, and Math Olympiad with a 90 percentile.
- ChatGPT Turbo is another latest version of ChatGPT that is faster as compared to others and is available for ChatGPT Plus subscribers.
ChatGPT 3 was trained on a 570GB dataset consisting of 175 billion parameters which include information from web pages (22%), Books (16%), and Wikipedia (3%). Also, these data include other sources such as users and 50 AI safety and security experts. Additionally, around 60% of these datasets were sourced from common crawl which consists of data fetched from web pages, metadata extracts, and text extracts. On the other hand, ChatGPT-4 was trained on a dataset 5 times larger than that of ChatGPT 3. It consisted of 1 trillion parameters.
With every new version the performance of ChatGPT has only gotten better. All thanks to the tech experts behind it who train this AI platform with a large amount of data every day. This much data is directly proportional to the accuracy of information provided by ChatGPT for whatever queries it is made to answer.
This rapid growth in the first launch has got the users’ hopes up and everyone is eagerly waiting for what’s next in ChatGPT’s store for individuals and businesses. With the release of ChatGPT Plus, OpenAI is expected to earn a revenue of 1 billion in 2024. However, GPT-4 is said to cost more than running the current ChatGPT model. The high cost of developing and executing ChatGPT is leading to the depletion of OpenAI’s financial resources and it lost $540 million in 2022. Reports say that it may even face bankruptcy by the end of 2024. Time will tell what the future holds for OpenAI’s ChatGPT but it has surely introduced the world to something they never thought of before.