ChatGPT Statistics for 2023: Latest Stats, Facts and Trends

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ChatGPT has created quite a buzz on the internet. Launched only on 30th of November 20222, after just 5 days they already had 1 million registered and it has only grown from there.

OpenAI, a San Francisco-based company created ChatGPT.  They also created software like GPT-3and DALL-E2.

Below you’ll learn the most interesting ChatGPT statistics, facts, and trends. You’ll also get a basic overview of the tool, its features, and other essential detail you need to know.

Let’s go!

ChatGPT statistics facts and trends 2023
ChatGPT statistics, facts, and trends for 2023

Chat GPT Statistics Trends and Facts for 2023


NameChatGPT
Launch date30th November
Parent companyOpenAI
Founders
Sam Altman (CEO)
Ilya Sutskever
Greg Brockman
Wojciech Zaremba
Elon Musk
John Schulman
Headquarters Pioneer Building, San Francisco, California, US[
Backed byMicrosoft, Khosla Ventures and LinkedIn co-founder Reid Hoffman.
  • ChatGPT launch date: 30th November 2022 (Source)
  • Improved ChatGPT embedding model launch date: 15th December 2022 (Source)
  • OpenAI received $1 billion as an investment from Microsoft (Source)
  • ChatGPT’s training stopped in 2021 and can only fetch data up to the time of the training period (Source).
  • In the first week of launch, ChatGPT crossed the milestone of 1 million users (Source).
  • OpenAI’s computational power required by ChatGPT is provided by Microsoft Azure (Source).
  • OpenAI expects ChatGPT to generate $1 billion in revenue by the end of 2024, and $200 million by the end of the year 2023 (Source).

What is ChatGPT?


What is ChatGPT?
In order to define ChatGPT, we need to understand what GPT stands for. GPT in full is Generative Pre-trained Transformer.

ChatGPT uses GPT 3.5 as its base model. Unlike its predecessor the GPT 3, GPT 3.5 uses an additional fine-tuning stage through an autoregressive language model to create human-like text.

This technique of deep learning involves supervised learning with reinforcement learning. This means the model will learn and use previous user responses to generate its next reply.

That’s how ChatGPT provides simple and easy-to-understand replies. The best part is it allows you to come up with ideas from scratch. It can help you write blog posts, business strategies, and even generate recipes.

If you’re into coding, ChatGPT can write codes, find errors in your code, and most importantly explain the errors.

According to OpenAI, ChatGPT and GPT 3.5 were trained on a Microsoft Azure AI supercomputing infrastructure. That explains the $1 billion investment by Microsoft in OpenAI.

It is based on the text-Davinci-003 model which is the latest and most advanced model to perform tasks with fewer instructions.

In simple terms, ChatGPT is way more advanced than the traditional Silicon Valley chatbots. It provides text replies by creatively using data and information on the internet.

Features and Limitations of ChatGPT


Features

While previous chatbots solved only logical user queries, ChatGPT goes ahead to solve intellectual, imaginative, and creative user queries.

Here are some of the ChatGPT features that make it stand out.

  • ChatGPT recalls previous user responses and uses them to improve future replies.
  • It has a moderation API that is used to filter queries. The use of the moderation API is to help dismiss potentially offensive queries to ChatGPT and also stop ChatGPT from generating potentially offensive replies.
  • ChatGPT accepts follow-up corrections to its replies.

No human-made technology is completely perfect. The same applies to ChatGPT. While ChatGPT is the most advanced chatbot at the moment, it has a couple of serious limitations.

The whole idea of making the model available to the public was to allow OpenAI to gather feedback from the users so as to make the program better.

Here are some ChatGPT Limitations


  • High sensitivity to input phrasing. ChatGPT can claim to have no answer for a question but a simple rephrasing can get ChatGPT to throw you the required answer.
  • Biased, unhelpful, potentially dangerous answers. Additionally, sometimes ChatGPT responds with sensible-sounding but inaccurate answers. Answers that may provide completely no value to the user. And sometimes, the answers are just biased.
  • Stale data. ChatGPT training ended in 2021 and it is that data that is used to provide responses to user queries.
  • The initial model is supposed to ask users to clarify their questions if it doesn’t understand. But the new model update guesses the user intent if it doesn’t understand the question hence sensible-sounding but inaccurate answers.
  • The moderation API doesn’t work as it is supposed because sometimes ChatGPT responds to offensive queries.
  • Security can be breached. Also, advanced users through prompt engineering can manage to bypass policies and create harmful instructions.
  • Lastly, ChatGPT can be a little monotonous and annoying. Especially the part where it emphasizes that it’s a language model trained by Open-AI.

ChatGPT vs Google


If you’ve been following ChatGPT news closely, you must have come across content that predicts ChatGPT might cause trouble for Google’s Search engine business.

Many experts noted that ChatGPT-generated content will overpower the search engine’s results.

The rise of ChatGPT saw Google issue a “code red” with the CEO Sundar Pichai directing development teams to take up building AI products.

On the flip side, the content created by ChatGPT doesn’t seem poised to bring a lot of trouble to the current ruling search engines. Mainly because ChatGPT uses information prior to early 2021, and this information is from websites indexed by Google, which means unverified, unstructured, and potentially biased and malicious.

So it’s currently practically not possible for ChatGPT to generate original and authentic content that can be trusted.

Open AI Statistics


OpenAI is the parent company of ChatGPT. And I have my OpenAI statistics page you can peruse.

Here’s a snippet of what you’ll learn there.

  1. Sam Altman is the SEO of OpenAI.
  2. OpenAI is backed by Microsoft, Reid Hoffman (co-founder of LinkedIn), and Khosla Ventures.
  3. OpenAI was founded in 2015 by Sam Altman, Elon Musk, Ilya Sutskever, Greg Brockman, and John Schulman.
  4. After the launch of GPT OpenAI’s value skyrocketed to at least $25 billion (Source).
  5. In 2023 OpenAI expects $200 million in revenue and $1 billion by the end of 2024 (Source)
  6. There are more than 120 employees in the company (Source).
  7. OpenAI charges approximately 2 cents to create an image from a written prompt (Source).
  8. OpenAI charges around a penny to generate 20,000 words of content from other businesses that have licensed their tech (Source).
  9. In March 2019, OpenAI transformed from a non-profit company to “capped” for-profit venture. They set the profit cap to generate 100X on any investment they partake in (Source)
  10. On June 11th, 2020, OpenAI launched GPT-3. It is a language model trained by reading trillions of words published on the internet (Source).
  11. On January 5-th 2021, OpenAI introduced DALL-E. The software uses a modified version of GPT-3 to generate realistic images based on the data fed into it (Source)
  12. OpenAI has 25 million monthly visitors as of January 2023.
  13. OpenAI became the 140th  most popular website in the world, as reported in January 2023.
  14. 25% of the traffic on the site comes from the US alone.
  15. The OpenAI platform and products are available in 156 countries. Notable exclusions are Russia, Belarus, China, Venezuela, Ukraine, Iran, and Afghanistan…
  16. 43.63% of OpenAI’s traffic breakdown is 43.63% from search engines, 48.98% is referral traffic, the rest is social traffic.

ChatGPT Statistics for 2023 (Conclusion)


With the magnitude of the buzz around the launch, there is no doubt ChatGPT is going to be a big part of our lives. OpenAI certainly still has a great deal of work to get it there.

OpenAI is constantly updating ChatGPT and updates keep functioning better and better – A sign of a better, error-free future.

We would love to hear what you think about ChatGPT and these intriguing ChatGPT statistics. Have you used it? Have you created content for your blog with ChatGPT, and how is your content performing?

Please leave your comments below.

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