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Is OpenAI going to go Bankrupt?

Do they even train journalists in India?

Michael Spencer's avatar
Michael Spencer
Aug 16, 2023
∙ Paid

Friends,

I have found it amusing and troubling that a low quality publication claiming OpenAI will go bankrupt has been copy-pasta-ed into an entire movement this week. This shows you the level of Indian journalism too where the writers quote “a report”.

Analytics India Magazine has highlighted a consistent decrease in users on the ChatGPT website during the first half of this year.


ChatGPT Is Losing Users Fast

OpenAI’s flagship product ChatGPT has been getting a lot less traffic of late to be sure.

chart, bar chart

ChatGPT harnessed the power of AI and gave us a chatbot that could reply to queries in the form of a natural conversation that’s more acceptable to humans but it seems that initial amazement is over, and the product is not very sticky.

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