ChatGPT has become the fastest-booming app of all time

ChatGPT – an artificial intelligence chatbot designed by Elon Musk-backed OpenAI has attracted 100 million users in just a couple of months after its launch, according to recent reports. The chatbot supposedly acquired 13 users per day last month, outpacing popular social media apps like TikTok and Instagram, which took 9 months and 2.5 years respectively to amass over 100 million users.

A UBS research data, predicated partly on Similarweb metrics, stated, “In 20 years following the internet space, we cannot recall a faster ramp in a consumer internet app. By comparison, TikTok took nine months to reach 100 million monthly users, and Instagram about 2.5 years.”

As per data on Similarweb, roped in approximately 25 million daily users last week, with the traffic to the site ballooning by an average of 3.4 percent per day the previous month. Further, the website clocked 28 million visits from 15.7 million new visitors.

The exponential growth rate of ChatGPT has reportedly sparked concerns among tech giants like Google. Sundar Pichai, CEO of Google, recently announced, “AI is the most profound technology we are working on today.”

ChatGPT apparently ruffled the feathers of many teachers and professors last month due to students utilising it for cheating on assignments. The chatbot was introduced in December last year and has been touted to receive an investment of 10 billion dollars, as per reports last month. China’s Baidu is also set to develop a cutting-edge AI-powered chatbot, according to a recent announcement by the company.

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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