It’s only been a few months since the evolution of ChatGPT came into play and within a short period, it transformed into the swiftest consumer app of all time.
We’re talking figures hitting the 100 million monthly user mark and that gave rise to a new realm of AI technology.
While the facts are linked to ChatGPT and enough evidence is present about its usage, what about other GenAI products? How is the world engaging with them?
To help provide an answer on this matter, we thought it would be interesting to jot down some key takeaways from SimlarWeb whose rankings of the world’s leading 50 GenAI products show more on this front.
For starters, the topmost products were those designed in a manner that started from scratch and then moved in an upward direction. Interestingly, it was nice to see legacy firms that have been in existence for years carry out launches of AI products. And most of the best client experiences were those that were totally novel.
The data also suggests how only five of the fifty firms were linked to big tech giants like Google, Pixlr, and QuillBot. Hence, the rest had no kind of funding coming from the outside world.
Secondly, we can interpret from the results how OpenAI’s ChatGPT continues to take the lead. Yes, it’s just temporary for now but the fact that the company’s webpage is a part of the world’s leading websites in terms of visitors says so much.
It’s amazing how no other product managed to see anything of this sort in the past and how CharacterAI managed to take second place but it was not like any sort of major competitor.
When you look at client products working mainstream, some of the largest GenAI goods still function small scale. They combine both traffic taken from the web as well as those arising from mobile apps.
ChatGPT is ranked such a similar scale as others who are working at a similar scale like Reddit, Twitch, and more. Yet, it is much below how other giants are working like YouTube, Facebook, and even WhatsApp.
Thirdly, we saw how large language model assistants continued to dominate like how ChatGPT was working. Still, there is room for innovation as upcoming creative tools do appear promising.
Today, chatbots of this kind make up nearly 70% of the overall market linked to consumer traffic. Common examples on this front include the likes of Google Bard and even Poe by the company Quora.
Meanwhile, two other famous categories began driving usage in the past few months. This entails tools for content creation like ElevenLabs and even those linked to AI like CharacterAI. Other popular categories had to do with creating videos and tools outlined for writing.
Fourthly, we’ve got some great news for those working as web builders. Yes, generative AI is getting popular but not all domains have turned out to be an absolute success.
Graphs proved how those products that were made for a certain purpose or case were growing with the likes of those that were more general in use. Hence, they displayed the potential for growth and success in the future.
Some other final thoughts on this data by SimilarWeb had to do with how plenty of consumer applications were linked to the acquisition game. And while it’s all organic, it’s interesting how the figure of clients who wish to pay continues to rise.
Thanks to GenAI, the game has been revolutionized and more firms are receiving monetization through subscription means. How’s that for a positive change?
Take a look at below charts for more insights:
Charts and data courtesy of A16z.
Read next: AI Skills: The New Currency in Today's Job Market
We’re talking figures hitting the 100 million monthly user mark and that gave rise to a new realm of AI technology.
While the facts are linked to ChatGPT and enough evidence is present about its usage, what about other GenAI products? How is the world engaging with them?
To help provide an answer on this matter, we thought it would be interesting to jot down some key takeaways from SimlarWeb whose rankings of the world’s leading 50 GenAI products show more on this front.
For starters, the topmost products were those designed in a manner that started from scratch and then moved in an upward direction. Interestingly, it was nice to see legacy firms that have been in existence for years carry out launches of AI products. And most of the best client experiences were those that were totally novel.
The data also suggests how only five of the fifty firms were linked to big tech giants like Google, Pixlr, and QuillBot. Hence, the rest had no kind of funding coming from the outside world.
Secondly, we can interpret from the results how OpenAI’s ChatGPT continues to take the lead. Yes, it’s just temporary for now but the fact that the company’s webpage is a part of the world’s leading websites in terms of visitors says so much.
It’s amazing how no other product managed to see anything of this sort in the past and how CharacterAI managed to take second place but it was not like any sort of major competitor.
When you look at client products working mainstream, some of the largest GenAI goods still function small scale. They combine both traffic taken from the web as well as those arising from mobile apps.
ChatGPT is ranked such a similar scale as others who are working at a similar scale like Reddit, Twitch, and more. Yet, it is much below how other giants are working like YouTube, Facebook, and even WhatsApp.
Thirdly, we saw how large language model assistants continued to dominate like how ChatGPT was working. Still, there is room for innovation as upcoming creative tools do appear promising.
Today, chatbots of this kind make up nearly 70% of the overall market linked to consumer traffic. Common examples on this front include the likes of Google Bard and even Poe by the company Quora.
Meanwhile, two other famous categories began driving usage in the past few months. This entails tools for content creation like ElevenLabs and even those linked to AI like CharacterAI. Other popular categories had to do with creating videos and tools outlined for writing.
Fourthly, we’ve got some great news for those working as web builders. Yes, generative AI is getting popular but not all domains have turned out to be an absolute success.
Graphs proved how those products that were made for a certain purpose or case were growing with the likes of those that were more general in use. Hence, they displayed the potential for growth and success in the future.
Some other final thoughts on this data by SimilarWeb had to do with how plenty of consumer applications were linked to the acquisition game. And while it’s all organic, it’s interesting how the figure of clients who wish to pay continues to rise.
Thanks to GenAI, the game has been revolutionized and more firms are receiving monetization through subscription means. How’s that for a positive change?
Take a look at below charts for more insights:
Read next: AI Skills: The New Currency in Today's Job Market
