Only 5 percent of ChatGPT's 900 million weekly users pay, and reportedly most aren't worth much to advertisers [View all]
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.
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Read more: https://the-decoder.com/only-5-percent-of-chatgpts-900-million-weekly-users-pay-and-reportedly-most-arent-worth-much-to-advertisers/
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