China Leads in Demand for Text-based AI Tool ChatGPT
Despite reports of opposition from local tech giants, China is currently leading in the demand for a text-based artificial intelligence tool ChatGPT.
ChatGPT is an AI chatbot developed by Microsoft-owned OpenAI. It is able to understand and give feedback on diverse human inputs, making it capable of handling various tasks such as writing code and generating content.
The tool can also be leveraged in the financial markets for tasks such as offering trading insights and price projections of different financial assets such as stocks and cryptocurrencies.
Google Search Popularity According to data from Finbold, global Google searches for the term ‘ChatGPT’ have spiked, hitting a popularity score of 92. The score peaked at 100 for the week ending January 11, 2023.
Notably, the term recorded a score of less than 1 as of November 30, 2022, when the tool was launched. This sudden spike in popularity can be attributed to the growing interest in artificial intelligence and the potential benefits that ChatGPT can bring to different industries.
High Demand for ChatGPT in China – Check other Countries in Regional Breakdown
In terms of regional breakdown, China ranks the highest with a peak score of 100 as of January 13. Nepal comes in second with a score of 35, followed by Norway with a score of 28. Singapore is in the fourth spot at 27, while Israel is in the fifth position at 26.
The US failed to feature among the countries recording increased demand for ChatGPT. This could be due to the fact that ChatGPT has not yet been officially available in the US, or it could be a result of a lack of awareness of the tool among US users.
Factors Contributing to High Demand of ChatGPT in China
The high demand in China can be attributed to various factors such as users opting to leverage virtual private networks (VPNs) and establishing mirror sites to access the tool.
This is likely due to the fact that social media giant Tencent has removed ChatGPT-related programs from the WeChat platform, and ChatGPT has yet to be officially available in the country.
Additionally, there is a likelihood that local Chinese tech giants will be unveiling similar products, which has also likely contributed to the high demand for ChatGPT in China.
Challenges for ChatGPT
Despite its initial success, ChatGPT still needs to overcome several headwinds on its path to growth and adoption.
For example, ChatGPT lacks information on current events as its knowledge is limited up to 2021, which means search engines have an advantage in offering real-time information.
Additionally, ChatGPT’s performance in languages other than English is still limited, which could limit its adoption in other countries.
Furthermore, there is a concern about the privacy and security of the data that ChatGPT processes and generates and the potential for misuse of the tool.
Conclusion
ChatGPT’s popularity has skyrocketed in recent weeks, with China leading in demand. The tool has the potential to bring benefits to different industries and has been used for various tasks such as writing code and generating content and even offering trading insights and price projections of different financial assets.
However, ChatGPT still needs to overcome several challenges such as the need for more current information, limited performance in languages other than English, and concerns about data privacy and security.
