News Report Technology
November 14, 2023

ChatGPT’s User Traffic Skyrockets as Generative AI Reshapes Consumer and Workplace Dynamics

In Brief

ChatGPT’s mobile usage is soaring, reflecting a broader trend in generative AI transforming consumer habits and workplace productivity.

Generative AI Revolutionizes Consumer and Workplace Behaviors as ChatGPT Mobile Traffic Soars

Despite a recent decline in web traffic, ChatGPT has seen its total monthly visits double from April to August 2023, indicating a significant shift in user preference towards mobile platforms.

This trend highlights the adaptability and growing reliance on generative AI tools like ChatGPT, Google Bard, and Bing Chat, which have all witnessed substantial usage within a year of their launch. Likewise, Adobe’s Firefly has also shown rapid growth in just a few months.

Generative AI's Impact on Consumer and Work Habits
Source: https://www.activate.com/

ChatGPT‘s Impact on Consumer and Work Habits

Generative AI is set to massively change consumer behaviors and boost productivity across various domains, including media and work.

With its rapid adoption rate—reaching 100 million monthly active users (MAUs) in just two months—ChatGPT exemplifies this transformative impact. Over half of those aware of generative AI tools intend to use them in the future, particularly drawn to text-to-text and text-to-image applications.

Key Components of the Generative AI Ecosystem

Key Components of the Generative AI Ecosystem
Source: https://www.activate.com/

The report shows that the generative AI landscape comprises of four fundamental components: models, data, compute, and interfaces & software tools.

Different companies are expected to benefit from each aspect, and the playing field extends beyond major tech players. The rise of open-source AI models is opening doors for smaller entrants, diversifying the market.

Currently, over 10 million U.S. adults start their web searches with generative AI, a number projected to grow to 90 million by 2027. This trend promises to reshape the largest technology businesses. In the workplace, generative AI is especially popular among younger and higher-income employees.

About 16% currently use generative AI in their jobs, with 21% planning to use it in the next 12 months. Knowledge-based and creative functions, such as IT and marketing, are leading in AI use with high expected future growth.

Investment and Corporate Integration of Generative AI

Source: https://www.activate.com/

Generative AI-related ventures have experienced nearly 200% growth year-over-year as of August 2023. Investments primarily focus on broad use case platforms, software infrastructure and B2B applications, making up over 95% of total investments.

Companies looking to leverage AI benefits do not need to develop in-house solutions, as major AI companies are creating plug-ins and integrations for a broader ecosystem.

This surge in generative AI usage and investment reflects a significant shift in how both consumers and businesses interact with technology, signaling an era where AI becomes an integral part of daily life and work processes.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

More articles
Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

The DOGE Frenzy: Analysing Dogecoin’s (DOGE) Recent Surge in Value

The cryptocurrency industry is rapidly expanding, and meme coins are preparing for a significant upswing. Dogecoin (DOGE), ...

Know More

The Evolution of AI-Generated Content in the Metaverse

The emergence of generative AI content is one of the most fascinating developments inside the virtual environment ...

Know More
Join Our Innovative Tech Community
Read More
Read more
How EigenLayer’s Free-Market Governance Model Is Changing Ethereum’s Security Landscape
Software Stories and Reviews Technology
How EigenLayer’s Free-Market Governance Model Is Changing Ethereum’s Security Landscape
April 22, 2024
Othentic Raises $4M Funding From Breyer Capital To Advance Development Of Modular Networks In Shared Security Environment
Business News Report Technology
Othentic Raises $4M Funding From Breyer Capital To Advance Development Of Modular Networks In Shared Security Environment
April 22, 2024
Celo Developer cLabs Proposes Launch Of Its Ethereum Layer 2 Solution On Optimism’s OP Stack
News Report Technology
Celo Developer cLabs Proposes Launch Of Its Ethereum Layer 2 Solution On Optimism’s OP Stack
April 22, 2024
ICON Integrates Its Cross-Chain DEX Balanced With Injective, Announces Regular INJ Token Purchases
Business News Report Technology
ICON Integrates Its Cross-Chain DEX Balanced With Injective, Announces Regular INJ Token Purchases
April 22, 2024