Only 5 percent of ChatGPT's 900 million weekly users pay, and reportedly most aren't worth much to advertisers

[highplainsdem]

Source: The Decoder

Almost 90 percent of ChatGPT's roughly 900 million weekly users live outside the USA and Canada, according to The Information, citing data from tracking platform Sensor Tower. This creates a challenge for OpenAI's planned advertising business, since international users generate far less revenue. At Pinterest, for example, the average revenue per user in the USA is $7.64, compared to just 21 cents elsewhere.

India and Brazil rank among the largest ChatGPT markets alongside the USA, Japan, and France. Only about five percent of users pay for subscriptions. For emerging markets like India, OpenAI offers the cheaper "ChatGPT Go" plan at around $5 per month.

-snip-

Read more: https://the-decoder.com/only-5-percent-of-chatgpts-900-million-weekly-users-pay-and-reportedly-most-arent-worth-much-to-advertisers/

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This is really bad news for a company as overvalued as OpenAI, and it means there will likely be much more pressure from OpenAI to leave taxpayers on the hook when (not if) the bubble bursrs.

I can't add to the info from The Decoder with much more info from The Information, unfortunately, because that Silicon Valley news source charges hundreds of dollars a year for a subscription, payable up front, no refunds if you cancel early.

But I can show you the graph at the top of that article from The Information, so you can see how bad ChatGPT looks compared to other platforms.

https://www.theinformation.com/articles/openais-international-conundrum

[mdbl]

1. Sounds like they are having difficulty monetizing AI.

Time will tell.

[LudwigPastorius]

9. OpenAI has become a defense contractor. Soon, it's not going to have to worry about generating a profit from...

the private sector.

The government has only invested a small amount now, but get ready, because billions of our tax dollars are going to be poured into it.

[Alice B.]

2. Good.

[cojoel]

3. To quote an idea from an old "I Love Lucy" episode

We won't make any money on each individual customer. But we'll make it up in volume...

[tishaLA]

4. I have the Google smart home ecosystem

Smart speakers, lights, locks, thermostat, etc. and they've recently tried to move users from Google Assistant to their Gemini AI platform, which they're trying to monetize with Gemini Plus. I don't feel like I use the format enough to justify even reading about what Plus would give me, but Alphabet has a way of eventually convincing a sufficient number of people that they need more Google cloud space, YouTube tv, and all other manner of their global footprint. It's as if corporations expect us to pay a monthly fee for nearly everything

[highplainsdem]

5. Both Sam Altman of OpenAI and the CEO of Perplexity AI have talked at times of possibly having

customers pay $1,000/mo for a chatbot/AI that is somehow so convenient/necessary for them that they'll consider that cost worth it. Even the $200/mo tier at ChatGPT now is reportedly losing money for them because the computing cost of AI is so high and the $200/mo customers think they should be able to use that subscription a lot.

[jfz9580m]

6. Good riddance to bad rubbish.nt

[snot]

7. They say, I think correctly, that bad investment drives out the good.

Similarly, I fear afraid erzatz life may drive out real life.
I'm not sure our overlords know the difference.

[FakeNoose]

8. I make a point of NEVER clicking on random ads on the internet

Don't we all do that? These a-holes will never make a penny off of me.