Learn the Latest ChatGPT Stats and Facts of 2024

AI’s presence in the world is increasing daily, and with its rise, the suspicion of experts over its dominance is also increasing. At the same time, the usefulness and advantages of it cannot be denied. AI also reserves the potential to ease human lives and boost productivity. Technological developments and their effects are becoming part of the news daily. Various surveys and reports have been published since November 2022, when ChatGPT came to life. However, in this blog, we will learn the latest ChatGPT Stats and facts of 2024. Some facts are so shocking that they might jolt you. Remember, the people who have abilities to change or adapt to the evolving world can hope for success.

Latest ChatGPT Stats and Facts You Need in 2024

When a revolutionary technology comes, overpowering information about its developments, effects, and usage also comes. Hence, here are the ChatGPT stats and facts for 2024-

1. Cost of Running ChatGPT

Tom Goldstein, the computer science expert, has evaluated the daily cost of running ChatGPT to be $100000 and the monthly cost to be USD 3 million. However, Semianalysis, a semiconductor and research analysis firm, estimated it to be $700,000 daily to operate in hardware inference costs. This large amount showcases the expense of using AI for copywriting or content writing services. 

2. Rise of Deepfake

Local Circles, a social media platform, and a pollster did a survey. According to it, 10838 respondents advocated that 25 percent of videos they saw using their smartphones, tablets, and laptops were later found fake. It signifies that people in India are increasingly becoming aware of the deepfake. Videos from social media platforms related to deepfake must be removed within 24 hours of request of removal and eliciting information, as per 56 per cent of the survey respondents. 

3. OpenAI Reveal

ChatGPT was launched on November 30, 2022, and it retains the information and knowledge of world events up to September 2021. Recently, ChatGPT released statistics that it has processed 370 billion words from more than 1 billion conversations. It means it has been trained on a 300 billion-word dataset, from books to websites to Wikipedia, all weighted 570 GB. This voluminous size shows how capable and potent the AI is and what we can do using its overbearing power.

4. Used by 100 Million People

The craze of using ChatGPT is not stopping, and its presence is increasing day by day. Recently, it has attained the affection of 100 million people worldwide. This underlines its effectiveness and viability for its users. The unique features of ChatGPT entice users and propel them to use it more and more; as a result, it is visited by 96 million people every month from different parts of the world. This enormous amount is sufficient to predict its future growth, albeit its prospects of danger are more alarming.

5. Stunning Growth of 200 Million to 1 Billion

According to OpenAI CEO Sam Altman, ChatGPT grabbed 1 million people within the first week of its arrival. This startling figure jeopardised the future of Google. Microsoft reserves 49 per cent of its stake in openAI and has invested 1 billion dollars. Khosla investors, Elon Musk, etc, occupy the rest of the stake. However, the Tesla owner is the top individual investor, owning 23.5 percent of the stake. As per a recent projection, OpenAI would generate 200 million dollars in 2023 alone, and 1 billion is estimated to be generated at the end of 2024. ChatGPT’s overall worth has touched an overwhelming figure of $29 billion, and this achievement allows it to enter the list of the United States’ most valuable businesses

6. A Single Chip Can Go $40000

AI runs through chips, and Microsoft has expended a prolific amount of money on Nvidia A100 chips to build ChatGPT. These high-end chips are pivotal for training and deploying AI software. The successor of the Nvidia A100 is reported to touch $40000, which is exactly four times more than its previous amount, making this technology immensely expensive. Moreover, the e-waste [Cadmium, Mercury, and Lead] produced by AI is poisonous to the environment.

7. Absence of AI in the Countries

AI is not present in countries such as Russia, China, Ukraine, Belarus, Afghanistan, Venezuela, and Iran. As a result, the people living in these countries cannot use it. This is a setback to the people and businesses as they are unable to reap the benefits of this revolutionary technology. The ability of AI to interact with natural language and its feature to provide accurate answers boosts human intelligence. Therefore, the New York Times has ascribed it the title of the best AI chatbot ever available to the common people. You must have noted that most countries mentioned above are totalitarian or lack democracy.

8. Threat to Human Creativity

Several universities and schools have banned ChatGPT, and some are in the process. The Central Board of Secondary Education [CBSE] has prohibited the use of generative AI in board exams and classrooms. The revolutionary technology has abilities to solve complex problems; students are increasingly using it to do homework or answer the queries and questions that they must answer using their brain power. Hence, this way of resorting to ChatGPT is harmful as it vitiates human intelligence and inhibits mental abilities and cognitive powers.

Conclusion

Learning these latest ChatGPT stats and facts of 2024 is crucial in this technology-driven world. The increasing cost of running ChatGPT, its staggering growth of users, the increasing chip prices and the stunning growth in OpenAI’s revenue are incredible. Despite this, AI is not available in many countries. 

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