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ChatGPT is Losing Momentum

Is the "hype curve" starting to flatten out?

ChatGPT’s traffic has declined for the third month in a row, according to Reuters. The Large Language Model (LLM) AI tool took the world by storm in November of 2022 when it was released by OpenAI, posing questions of academic integrity, and urging a host of tech giants to incorporate LLMs into their own platforms and search engines. Anna Tong writes,

Worldwide desktop and mobile website visits to the ChatGPT website decreased by 3.2% to 1.43 billion in August, following approximately 10% drops from each of the previous two months. The amount of time visitors spent on the website has also been declining monthly since March, from an average of 8.7 minutes on site to 7 minutes on site in August.

-Anna Tong, Exclusive: ChatGPT traffic slips again for third month in a row | Reuters

Usage did increase slightly in August, according to Reuters, with the beginning of a new academic semester probably being the most significant factor. Students are using the tool to help them with their homework, and some universities are embracing it wholesale. In addition, OpenAI also released a mobile app for ChatGPT, which would take traffic away from the site, according to Reuters.

However, does the data show that the “hype curve” for ChatGPT is starting to flatten out? Are users getting tired of it, or disappointed with its performance? Maybe a few more months will tell.

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ChatGPT is Losing Momentum