New Delhi: The first time such a reduction has happened since its debut, ChatGPT, the AI chatbot that caught the globe by storm when it was launched in November, had a decline in monthly website traffic and unique visitors in June. According to an analytics company, similar web, global desktop and mobile traffic to the ChatGPT website fell by 9.7% in June compared to May, with a drop in unique visitors of 5.7%. The data also showed a decline in visitors’ average time on the website.
David Carr, Senior Insights Manager at Similarweb, hypothesised that the decreasing traffic might be a sign that the novelty of the chatbot had worn off. On the other hand, Rishi Jaluria, an analyst at RBC Capital Markets, saw the data as evidence of the growing demand for generative AI that offers real-time data.
Requests for comments on this decline have yet to be answered by OpenAI, the firm that created ChatGPT. It is important to note that ChatGPT, the fastest-growing consumer application ever, has grown exponentially since its inception, collecting 100 million monthly active users in just two months. with nearly 1.5 billion monthly active users in just two months. With almost 1.5 billion monthly visitors as of January, it was one of the top 20 websites on the planet.
The decrease in website traffic may have been caused by consumers choosing to communicate with the chatbot through the ChatGPT app rather than the website after its May release on IOS. The drop in utilisation may also be partially linked to the summer break from school, when fewer pupils seek help with their homework.
As of July 4, data from data.ai shows that the ChatGPT app had been downloaded on IOS more than 17 million times worldwide. With an average of 530000 downloads per week during its first six weeks of availability, the analytics company said that downloads peaked on May 31 and have remained popular in the United States.
The recent slowdown in growth may assist in reducing the high operating expenses related to running ChatGPT, which needs a lot of processing capacity to fulfil user requests. The price to operate the service, according to Sam Altman, CEO of OpenAI, is “eye-watering.”
This year, OpenAI expects to bring in $200 million in income. In addition to ChatGPT, the company generates revenue from its partnership with Microsoft, which has invested over $13 billion in the business, and by selling firms and developers API access to its AI models.