AI is growing rapidly, but ChatGPT has provided an extra boost creating headlines all across the globe. Now all major tech giants are working on their own ChatGPT, like AI Bot, because ChatGPT has surprised everyone with its capabilities. It is helpful for everyone, from working professionals to teachers and students to artists. The bot has already made millions of fans globally, but you will get shocked after knowing that the bot may die soon. Yes, multiple shocking reports stated that ChatGPT may not exist in the near future, and the reason behind this will shock you. Let’s dive deep into this.
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OpenAI May Go Bankrupt
We all know that Open AI has made the remarkable ChatGPT bot. Now you will not believe that this bot requires almost $7,00,000 every day to work properly. Yes, you hear it right. It means Open AI has to spend approx 5 Crore Rs every day to make its AI Bot properly functional.5 Crores daily is not a small amount, especially when the company is not making any direct profits. As per reports(Analytics India Magazine), Open AI is unable to bear these costs solely because they are not profitable as of now.
Not only is it profitable, but the company is still suffering to achieve the 1 billion dollar revenue target by 2024. Considering all these scenarios, it will be difficult for OpenAI to operate ChatGPT for many days until any major changes happen in their business model.
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ChatGPT User Base Is Declining
The report also mentions a significant fall in ChatGPT’s user base. As per the report, the bot has lost active users in 2-3 months. Now there are multiple reasons behind this. The first reason is every major company is making its own version of ChatGPT.Secondly, many small businesses and startups use ChatGPT’s API to develop their LLMs.Lastly, companies are using tools and software to restrict their employees from using ChatGPT.The same is happening in the case of students also.
Ultimately a specific audience is using the bot. The reports even state that without investment from multiple companies, including Microsoft, Open AI would not survive to date. Knowingly Microsoft has invested whopping 10 billion dollars in Open AI.
