Menlo Ventures just published their latest AI report – assuming that their data is correct (as with all statistics, one ought to question the data, always!), what is going on in AI-land is truly bonkers…
Widespread Use: 61% of American adults have used AI in the past six months. This translates to an estimated 1.7–1.8 billion global users.
Daily Habit: Nearly one in five U.S. adults (19%) use AI every day, totaling an estimated 500–600 million daily global users.
But also:
Low Conversion: Only about 3% of AI users pay for premium services.
Revenue Concentration: General AI assistants (like ChatGPT and Gemini) capture 81% of the $12 billion in consumer spending.
ChatGPT Dominance: OpenAI’s ChatGPT accounts for approximately 70% of total consumer AI spend.
There is a ton more – here is the link to the report.
