Chatgpt is trending everywhere and everyone is shocked after seeing the use case of Chatgpt. So if we can say that chatgpt is changing the world then it is not false. Some says that AI will take over human. Chatgpt gets support from Microsoft but they are at a loss. It is being said that Chatagapt will be in danger so why it is going to happen we are going to talk about in this post.

Many people earned lots of money by using chatgpt. Analytics India magazine said that chatgpt might go bankrupt by 2024 because as per the report, many people do protesting against AI, and even the AI developers expressed concern that AI can replace humans. Chatgpt still learning and it will be more intelligent in the coming future. Openai applied for a trademark, and The downfall of the company started. And you know this was predicted. The thing is chatgpt traffic is decreasing. Let's check the data. So according to similarweb, there was a 9.6 percent drop in July and this is what happening slowly.

Now let's talk about the second reason and that is competition. Microsoft is the biggest investor in chatgpt. Now let's come to the LLama 2 chatbot by meta this is open source and free but now Chatgpt has a subscription. Openai spending $700000 per day to run chatgpt. And Microsoft and other investors covering this and they have no profit. Why there is no profit because they want to capture the market first and that is why chatgpt launched free for the users. Now that they have launched a subscription but there is competition. Now people will definitely choose the free option.

GPU cost is increasing and now you can see there is text only and if a company wants to add graphics then they have to invest a good amount of money again. According to sources, Apple is also developing the chatbot and it will be open source. Elon Musk said that his xAI is better than Google and openAI. Also, he criticized chatgpt that Microsoft is controlling it. So now you can see the competition is at its peak and if Chatgpt wants to survive in this competitive market then they have to bring new things but they are already at a loss.

So after seeing all this data, It seems like Analytics India magazine said the truth but they are big players so we can expect anything from them. Now let's see what will happen. So what is your opinion on this analysis? let me know in the comment section and also do not forget to share this post on social media. Have a good day ahead.

Thank you, everyone.

Lucky Ali

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		Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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