ChatGPT may be the fastest growing consumer app in internet history, reaching 100 million users in just 2 months according to UBS report

OpenAI’s popular chatbot ChatGPT reached 100 million monthly active users in January, just two months after its launch, making it the fastest-growing consumer app in history, according to UBS research on Wednesday. An average of 13 million unique visitors per day used ChatGPT in January, more than double the level in December, the report cites data from analytics firm Similarweb.

ChatGPT could become the fastest-growing app in history after hitting 100 million monthly active users, or MAUs, in late January, according to a report by Swiss banking giant UBS. According to UBS, the OpenAI-powered chatbot surpassed 100 million MAUs just two months after launch, comfortably outpacing the growth rate of leading apps like TikTok and Instagram.

It took nine months for TikTok to reach the same user level; Instagram took two and a half years; and Spotify have amassed a total of 100 million MAUs after 4 1/2 years, the report said, citing data from analytics firm Similar Web.

Twenty years into the Internet space, we cannot remember a faster penetration of consumer Internet applications,” UBS analysts wrote in the report.

By comparison, the Chinese app TikTok surpassed 100 million monthly users nine months after its launch. For its part, Instagram has been patient for more than two years until it gets there.

According to the report, the number of MAUs on ChatGPT has nearly doubled since December, reaching around 57 million. Additionally, the app averaged 13 million daily unique visitors per day at the end of January, up from nearly six million daily unique views the previous month.

We cannot recall the scale of implementation at this rate,” UBS analysts added in the report.

Statista presented an interesting image on the topic:

According to the service itself, after its launch in November 2022, the ChatGPT virtual assistant attracted one million users in just five days. This AI-based chatbot can generate texts similar to those written by humans. It is used for all kinds of purposes: writing articles, poems or academic papers, but also translation, writing computer code and solving mathematical equations. According to Microsoft founder Bill Gates, AI software like ChatGPT represents the biggest technological change to come and could replace many jobs in the near future. Microsoft yesterday confirmed that it has invested several million dollars in the American company OpenAI, which developed ChatGPT.

Other popular online services typically took months (or even years) to reach the one million user mark. Spotify and Dropbox reached this milestone relatively quickly, at five and seven months respectively, because they are platforms that offer immediate practical use, like ChatGPT. With the exception of Instagram, which attracted one million users in two and a half months, other social networks (Facebook, Twitter) took this limit longer. However, most of the services shown in our graph were created more than fifteen years ago, which highlights another evolution that can be deduced from this data. With the increasing digitization of the economy, innovations tend to spread faster among the population.

Some online services/platforms took time to reach 1 million users

OpenAI, which has a new multibillion-dollar deal with Microsoft, made ChatGPT public in late November, but on Wednesday announced the launch of a paid version. OpenAI announced ChatGPT Plus, a $20-a-month plan that prioritizes its AI chatbot even during peak hours when free users have to wait. The company also claims that the plan will give you faster response times and access to new features and improvements.

OpenAI said it will send invitations for the service to people in the United States who are on a waiting list in the next few weeks, and will expand its rollout to other countries and regions in the future.

Quote sent by Open AI

The new subscription plan, ChatGPT Plus, will be available for $20 per month and subscribers will get a number of benefits*:

  • General ChatGPT access, even during peak hours
  • Faster response time
  • Priority access to new features and improvements

ChatGPT Plus is available to customers in the US and we will begin the process of inviting people from our waiting list over the next few weeks. We plan to expand access and support to other countries and regions soon.

We love our free users and will continue to offer free ChatGPT access. By offering this subscription price, we will be able to support free access to as many people as possible.

Learn from the concept of research

We launched ChatGPT as a research idea to gather user feedback to learn more about the system’s strengths and weaknesses and help us improve its limitations. Since then, millions of people have given us feedback, we’ve made several significant updates, and we’ve seen users find value in a range of professional use cases, including writing and editing. content, brainstorming ideas, help with programming and learning new topics.

Our plans for the future

We plan to improve and expand this offering based on your feedback and needs. We are also launching (ChatGPT API Waiting List) soon and are actively exploring options for lower cost plans, business plans and data bundles for more uptime.

The company is also working on software to detect text written by humans or artificial intelligence.

The release of the tool comes after the New York City Department of Education and schools in the Seattle public school system and SciencesPo in France banned students and teachers from using ChatGPT to prevent plagiarism and cheating. Arvind Narayanan, a professor at Princeton University, is of the opinion that there is no need to panic because it is pixie dust.

Sayash Kapoor and I call him a buffoon, as do others. We do not mean this in a normative sense, but in a relatively precise sense. We mean that he is trained to produce persuasive texts. He is very good at being persuasive, but he is not trained to make true statements. He often makes true claims as a side effect of his persuasiveness and persuasiveness, but that is not his purpose.

It’s actually what the philosopher Harry Frankfurt called platitudes, that is, speech that aims to persuade without concern for the truth. The human storyteller does not care whether what he says is true; he has certain goals in mind. As long as it pleases, it achieves these goals. In fact, ChatGPT does just that. He is trying to be convincing, and there is no way to know for sure whether his statements are true or not,” he says.

Arvind Narayanan therefore wants to be clear: ChatGPT remains a tool that should be used with caution. That’s why some teachers already prefer open use policies for this chatbot for their students.

Ethan Mollick of the University of Pennsylvania is one of them. Its decision to choose an open usage policy for the ChatGPT chatbot is based on the fact that the use of artificial intelligence is an emerging skill. However, through the latter, he implies that AI can be fallible. Therefore, students must check the results returned to them with the help of others and will be responsible for any errors or omissions produced by the tool. In addition, students must demonstrate academic integrity by citing their source (which happens to be ChatGPT) as when compiling a bibliography. Failure to do so is a violation of the academic integrity policy.

Analysts believe that the viral launch of ChatGPT will give OpenAI a lead over other AI companies. Increased use of the software has also provided valuable feedback to help shape chatbot responses. The existence of this tool raises fears because it could be used to automate the creation of large-scale fraud or ultra-credible disinformation campaigns. After all, the launch of ChatGPT at the end of November 2022 will go down in history as a turning point in artificial intelligence.

Sources: UBS, Statistics

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