ChatGPT Statistics in 2024

ChatGPT Statistics

ChatGPT is a deep learning model designed by OpenAI that uses natural language processing (NLP) to generate conversation with humans. ChatGPT is a powerful and flexible natural language understanding system developed by OpenAI.

It works by taking an input text and using it to generate a reply that is natural-sounding and has a logical structure. People can use ChatGPT to ask and answer questions, receive personalized advice.

Key ChatGPT Statistics

Here are the key ChatGPT statistics.

Usage

580 Million monthly visits.

When it comes to ChatGPT user statistics in January 2023, the ChatGPT website saw a remarkable 590 million monthly visits, and its user base ballooned to an impressive 100 million.

This amount of monthly visits for a tool launched a few months back is a testament to how powerful ChatGPT has become.

With many people able to get quick answers they couldn’t get as quickly from other AI technologies, this is an excellent indicator of ChatGPT’s potential.

25 Million Daily Visitors

The state-of-the-art large language model is equally impressive when comparing its monthly growth with daily page visits.

More than 25 million people use ChatGPT daily to get answers and insights about the world around them.


The company who made ChatGPT

Let’s now talk about OpenAI, the parent company behind ChatGPT.

1561% Increase To OpenAI’s Site

After the debut of the ChatGPT language models in November 2022, the OpenAI website experienced an eye-catching 1561% growth in monthly page views.

With 1 million users using the platform within five days, it leaped from 18.3 million to 304 million by December.

Like ChatGPT’s growing user base, OpenAI’s website has seen its share of success since its launch of ChatGPT.

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-like text.

Being one of the top AI image generators, Dall-E can turn text into images in seconds.

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

OpenAI future’s monetization of ChatGPT

Analysts expect ChatGPT to generate a staggering $200 million by the end of 2023.

If it continues its current trajectory, it could reach a billion dollars in 2024.


Microsoft and OpenAI

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

This massive influx of funding has enabled OpenAI to scale its development and continue pushing 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’s technology.


Accuracy of ChatGPT

Chat GPT accuracy

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

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

Whether crafting accurate code snippets (thus making it a priceless asset for software engineering) or providing real answers to customer service queries, ChatGPT is an exceedingly helpful tool.

This level of accuracy within ChatGPT can make people think that a human wrote the text as it generates human-like text (more on the negative aspects later).


The Core Of ChatGPT

The core of ChatGPT is its AI technology and the underlying algorithms that enable it to produce such accurate code snippets.

ChatGPT runs on GPT-3.5

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

Being a better version of GPT-3, GPT-3.5 adds extra 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 upon InstructGPT, another model of GPT.

Text-DaVinci can comprehend and offer 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 helps to improve ChatGPT’s responses by allowing its responders to rate each response as “correct” or “wrong.”

As a result of this approach, ChatGPT can become more accurate and effective when responding.

Search Engines And ChatGPT

Can ChatGPT be one of Google’s new competitors and compete for search engine result queries?

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

Developers ensured this highly advanced algorithm provides users a more efficient and reliable experience.

ChatGPT dataset

With a training dataset comprising 300 billion words and 570 GB, ChatGPT is powered by crawled web data, books, Wikipedia articles, and much more.

This combination of enhanced accuracy and larger datasets allowed ChatGPT to provide more accurate answers, code snippets, and conversations.

ChatGPT Cannot Access the Internet as a sole product

ChatGPT may be a generative pre-trained transformer model.

However, developers didn’t design it to access the latest internet version (i.e., know what’s happening now).

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

For example, anyone who wants up-to-date information on country-specific situations in Afghanistan, Russia, Belarus, Venezuela, China, Iran, or other countries cannot find it through ChatGPT.

While complex conversations are possible, ChatGPT cannot access what’s happening now.

This fact is one of the critical ChatGPT limitations to consider.

The Negatives Of Prompt Imitation

One of the critical negatives associated with using ChatGPT is that users can have malicious intent when using the platform.

Phishing Messages Using ChatGPT

ChatGPT is a powerful artificial intelligence that can generate human-like text.

Malicious users can create phishing messages that mimic legitimate contact.

ChatGPT might be able to craft highly irresistible phishing messages and produce malicious code without any programming background.

Users can also ask ChatGPT to act as a doctor, lawyer, or financial advisor to provide information that isn’t accurate.

With its finely tuned AI and algorithms, Chat GPT can suggest code snippets or conversation starters that are highly persuasive.

The Chances Of A Successful Cyberattack

Over 50% of IT professionals believe a successful cyberattack is on the cards through ChatGPT.

Ill-intentioned users have already used ChatGPT for nefarious activities.

These activities include developing an information stealer, encryption tool, and dark web malware scripts.

Moreover, as ChatGPT also provides wrong answers, it is essential to double-check the information that ChatGPT provides with other sources.

Watermarking ChatGPT Content

Open AI is planning to watermark the content generated by ChatGPT in the future.

Doing so will help them to track the source of any data.

This watermark would also help prevent plagiarism and other undesired activities.

ChatGPT in education, programming and ecommerce

ChatGPT has uses in education, coding, and e-commerce.

Essays And Research Papers

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

Although AI content detection tools are present, they aren’t always exceptionally reliable.

ChatGPT can provide superior results that surpass those of other methods with its precise accuracy and detail-oriented approach.

From information about SEO tactics and strategies to meta-driven research papers and essays, ChatGPT can generate unique, accurate content.

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

Stack Overflow banned ChatGPT Use

Stack Overflow has barred the use of ChatGPT due to its capacity for producing realistic yet erroneous replies.

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

Amazon and sensitive information

Amazon has cautioned its employees against sharing confidential information when conversing with ChatGPT.

Their decision should safeguard sensitive information that users could maliciously use if leaked.

ChatGPT As An Educational Tool

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

Educational Aid For Students

The Indian government is looking to utilize ChatGPT as an educational aid for students.

With the introduction of Lexi, India’s first chatbot app powered by AI and ChatGPT, this task has become more achievable.

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

It can also provide interactive learning sessions and generate practice problems.

Microsoft Office and ChatGPT

Later this year, Microsoft will introduce this AI technology within its Office Suite.

This cutting-edge tech promises to revolutionize how people use their office applications.

From creating documents to presentations, users can leverage ChatGPT for suggestions and advice.

Third-party Tools Based On ChatGPT

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

Twitter

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

It utilizes ChatGPT’s innovative technology to craft tweets efficiently – making it a must-have tool for any savvy social media user.

ChatGPT Voice Input

Prometheus, a revolutionary Chrome extension, can transform your voice into text.

Provide a voice prompt to ChatGPT, and it’ll generate an accurate response.

YouTube

YouTube Summary is an extension that quickly provides an overview of a video.

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


ChatGPT statistics – FAQ

What is Google Bard?

Bard is Google’s competitive answer to ChatGPT.

This tool utilizes a blend of natural language processing, machine 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 to interact with their applications using voice commands, text input, or both.

What Language Tasks Can ChatGPT Be Used For?

ChatGPT can be used to help with a variety of language tasks, including text summarization, question answering, and dialogue generation.

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

How does ChatGPT work?

ChatGPT encodes natural language input into an embedding 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 the user’s input, producing a conversation-like experience.

Does ChatGPT offer an API?

Yes, developers can access ChatGPT’s API and incorporate 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 employs tokenization, dependency parsing, and sentiment analysis to interpret the user’s intent accurately.

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


Conclusion

Conclusion


Last Updated on 2 March 2024 by Tuomas Data