AI & The Reality of Silicon Valley
The one with the ðŸ¤
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Last year, generative AI took center stage, with ChatGPT becoming the star of the show. After its debut, it swiftly gathered over 100 million monthly users. Industry leaders were touting this as just the tip of the iceberg, implying that generative AI was on the brink of transforming society and could even be a threat to humanity.
However, right from the start, there were numerous reasons to be skeptical of the hype. It wasn't exactly shocking that a free tool would draw in a lot of users, especially with the media's incessant coverage. And there was a lingering question: were the industry's ambitious claims about the technology's potential truly in line with its actual capabilities?
Fast forward to last month, and data from SimilarWeb - the same company that earlier highlighted ChatGPT's rapid user growth - tells a different tale. Just over six months since its launch, ChatGPT's global traffic fell by 9.7% in June, and unique users dro…
