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Microsoft's Ponzi Enabler OpenAI Perishes, Traffic Takes Another Significant Tumble (Again), Down About 78% in Just 3 Months!

posted by Roy Schestowitz on Aug 08, 2024

June: The Bubble Has Burst. OpenAI.com Traffic Plunges 60% in One Month, Tracker Shows.

A year ago: OpenAI Bankruptcy by Year's End? Earlier Today Similarweb Released August Figures, Showing That Microsoft's Chatbot Hype Was in Vain and Usage Continues Falling for Several Consecutive Months.

As of this week (new data from Similarweb, for July):

From nearly 2 billion to just over 400 million

The bubble is bursting. People move on. LLMs do not excite them. Microsoft needs to figure out some new scam, and fast. The server and desktop/laptop businesses are down, XBox loses a ton of money, so what's left? Government bailouts? Buying one's own shares to fake "stability"?

Microsoft already owes more money than it has (tangibly).

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