ChatGPT’s growth shows first decline in traffic since launch

2 min read The AI chatbot ChatGPT, which gained massive popularity since its launch, experienced a decline in website traffic and unique visitors in June. This suggests the novelty may be wearing off, according to Similarweb July 06, 2023 08:36 ChatGPT’s growth shows first decline in traffic since launch

Exciting news! The AI chatbot ChatGPT, which gained massive popularity since its launch, experienced a decline in website traffic and unique visitors in June. This suggests the novelty may be wearing off, according to Similarweb.

Worldwide traffic to the ChatGPT website decreased by 9.7% in June, with a 5.7% drop in unique visitors. Additionally, the time spent on the website decreased by 8.5%, indicating changing user preferences.

However, RBC Capital Markets analyst Rishi Jaluria suggests the data reflects a shift towards demand for generative AI with real-time information. It's an interesting development to watch in the AI landscape.

It's worth noting that ChatGPT had a phenomenal start, reaching 100 million monthly active users within two months of its launch. It became one of the top 20 websites globally, surpassing even Bing, Microsoft's search engine powered by OpenAI.

Possible factors contributing to the traffic decline could include the release of competing chatbots like Google's Bard and the ChatGPT app on iOS. Furthermore, the summer break for schools may have impacted usage as well.

Regardless of the recent slowdown, ChatGPT remains a significant player in the AI space. OpenAI continues to explore new avenues to monetize its services and has projected $200 million in revenue this year.

As AI technology continues to evolve, it will be interesting to see how OpenAI responds to this changing landscape and adapts its offerings to meet user expectations and demands.

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