The article discusses the rising consumer spending on AI applications, with a projected leap to $1.42 billion in 2024, propelled primarily by OpenAI's ChatGPT. Despite the competition among AI apps, ChatGPT remains dominant, out-earning its rivals significantly. User demographics reveal over 50% of its users are under age 25, but the platform also attracts older users. The gender disparity is stark, with 84.5% of users being male. Women's skepticism towards AI and the potential job loss due to automation are highlighted as significant societal factors influencing these trends.
The AI bubble hasn't burst yet, especially with AI app spending expected to hit $1.42 billion in 2024, marking a 274% surge over last year.
ChatGPT has become a leading player in the AI app market, being downloaded 353 million times and earning more revenue than its competitors combined.
User demographics indicate that over half of ChatGPT’s mobile audience is under 25, showcasing the youth's openness to new technology.
There's a significant gender gap in AI app usage, with men constituting 84.5% of ChatGPT users, while many women express skepticism toward AI.
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