AI has 2 billion users, but only 3% pay
Briefly

AI has seen explosive growth in user adoption, reaching almost two billion global users, but revenue generation remains surprisingly low at around $12 billion annually. This discrepancy has been noted by Menlo Ventures as one of the largest monetization gaps in recent tech history. A survey indicated that over 61% of US adults have interacted with AI recently, suggesting substantial engagement, especially given that many rely on it daily. Major contributions to revenue are attributed to OpenAI, highlighting the challenges in monetizing widespread AI usage effectively.
AI has reached a tipping point with almost two billion users globally, yet the monetization gap remains stark, with only $12 billion being made annually.
According to Menlo Ventures, the survey found that 61% of US adults used AI in the past six months, showing a significant adoption rate.
Read at ZDNET
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