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TechApr 5, 2024

ChatGPT Is Rapidly Growing Into a Household and Corporate Staple With 23% of Americans Using It

Artificial Intelligence

Victor Lei

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Could ChatGPT outshine Google? Nvidia’s share price says yes, but what does the data indicate? It’s slowly getting there. According to Pew Research, ChatGPT usage among Americans rose to 23% in February, up from 18% last July. The younger demographic leads the charge, with usage spiking to 43% among those aged 18-29. Additionally, in the corporate realm, OpenAI is witnessing a rapid uptick in adoption among businesses embracing AI.

In a Bloomberg interview, OpenAI’s COO Brad Lightcap said enterprise users jumped from 150K in January to 600K today, adding that 2024 will “be the year of adoption for AI.”
Lightcap also said, “The supply chain will need to adapt to what we think is going to be this highly inflected and nearly exponential demand in the next 10 years.”

Good times for AI engineers: As sales soar, expenses follow suit. OpenAI is in talks with publishers to access content for training its AI and integrate it directly into ChatGPT. The fight to secure talent is also heating up, with AI researchers departing Big Tech firms to launch their own AI startups, prompting a talent war among industry giants and pushing the median compensation for AI engineers to $400K.

Read: ChatGPT might not be public, but this publicly traded fund has 3.8% of its funds invested in OpenAI.