Wall Street analysts made a bold prediction: ChatGPT's advertising revenue will approach $100 billion in 5 years.

Wall Street Analysts Make a Bold Prediction: ChatGPT's Advertising Revenue to Approach $100 Billion in 5 Years

via cnBeta.COM Chinese Industry News Station - Telegram Channel

Telegraph
Wall Street Analysts Make a Bold Prediction: ChatGPT's Advertising Revenue to Approach $100 Billion in 5 Years

Wall Street analysts have made a bold prediction: ChatGPT's advertising revenue will approach $100 billion in 5 years. This also means that OpenAI and Google will eventually engage in a fierce battle in the search market. Wells Fargo predicts that by the end of this decade, the search advertising market will grow at an 8% annual compound rate and reach $340 billion by 2030. And ChatGPT's growth will mainly erode Google's share. Currently, OpenAI's revenue still relies on subscription fees. In March this year, some media quoted informed sources as reporting that OpenAI expects its revenue this year to triple year-on-year to $12.7 billion. At the same time, while the company forecasts its revenue to reach $125 billion in 2029, it also judges that it will not be able to achieve positive cash flow until 2029. The revenue potential of a large number of free users as an interconnected...