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Friday, 21 April 2023

3 Reasons Why ChatGPT Became the Fastest Growing App of All Time

 ChatGPT has taken the world by storm, and it's down to these three reasons.

OpenAI's sensational AI chatbot, ChatGPT, has enjoyed an unprecedented and meteoric rise since its launch in November 2022.

Although the chatbot went public at a time when other AI tools like DALL-E and Midjourney were having a good run, ChatGPT somehow managed to attract the bulk of attention within the artificial intelligence space.

But how did ChatGPT amass so many users and publicity in a very short time?

 Is ChatGPT the Fastest Growing App of All Time?

According to research by UBS analysts, ChatGPT is likely the fastest-growing app in internet history. The UBS research compared web application traffic data for apps launched in the last 20 years to the traffic at ChatGPT's official web address chat.openai.com. The data showed that ChatGPT had around 25 million daily visits, of which 13 million were unique (i.e., from different visitors).ltogether, the research points out that ChatGPT has around 100 million users just 2.5 months after its launch. To understand how impressive those numbers are, it took Facebook 4.5 years, WhatsApp 3.5 years, Instagram 2.5 years, and Google almost a year to reach 100 million users. In addition, just five days after its launch, ChatGPT had its first one million users, a milestone that took Twitter nearly two years to achieve.

So, how exactly did ChatGPT become the fastest-growing application of all time?

The 3 Reasons Behind ChatGPT's Explosive Growth

Wondering what helped ChatGPT achieve such unparalleled growth?

1. ChatGPT Is Versatile and Incredibly Useful

Two of the most important factors behind ChatGPT's explosive growth are its usefulness and versatility. OpenAI was not just able to create technology people wanted to use, they created something that almost everyone could find useful.

Think of it, when Facebook first came on board, it was primarily targeted at university students, especially those who wanted to get to know each other. However, not everyone on campus wants to know who lives next door. Consequently, this meant a limited user base and limited usefulness at the time. Similarly, when an app like Spotify came along, it targeted people who wanted to stream music online. Limitation? Well, not everyone wants to stream music.

On the other hand, ChatGPT is a general-purpose chatbot that is targeted at no one in particular but everyone. So irrespective of what you do, you'll find different uses for ChatGPT in your day-to-day life. Teachers, students, engineers, legal practitioners, programmers, writers, CEOs—everyone. Being useful to everyone is a tremendous advantage very few apps can boast of, even years into their existence.

2. ChatGPT Is Free and Easy to Use

Something that hinders people from using an online service is the ease of use and cost. ChatGPT does not have problems in any of these areas.While many people might not be aware, ChatGPT is not the first of its kind nor the most sophisticated AI text generator available. OpenAI's other AI text generator tool, available at the GPT-3 Playground, is much more powerful and has existed long before ChatGPT went viral.However, what makes ChatGPT different from the rest is its ease of use, accessibility, and zero cost to the user. Although ChatGPT Plus, a paid version of ChatGPT, was released on February 3, 2023, ChatGPT's free access model pushed ChatGPT to millions in just days.On top of this, ChatGPT is incredibly easy to access. With a phone number and an email, anyone can sign up for an account from their browser, and that's just about what you need to start using ChatGPT. Similar AI tools from other companies are either accessible to a very select audience or require a lengthy waitlist.3. ChatGPT Is Heavily Community-Driven

One of ChatGPT's secret growth weapons is the fact that it's heavily community-driven. The growth of most of today's popular web apps can be attributed to extensive ad campaigns. On the contrary, ChatGPT's growth has mostly been powered by everyday users sharing their experiences with their community.From social media platforms like Twitter, Facebook, and Reddit to people sharing their ChatGPT experience on personal blogs, ChatGPT's growth has been primarily pushed by testimonials of people who have used the AI chatbot. Ad campaigns can be effective when done properly, but nothing beats the effectiveness of recommendations and testimonials from trusted people.

Does ChatGPT Have Room for More Rapid Growth?

Despite growing rapidly within a short time, ChatGPT still has enormous potential for even more growth.

As the OpenAI team keeps improving ChatGPT, the AI chatbot will become an even more desirable tool for people and, therefore, likely to sustain its growth.

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