Speed Of Technological Uptake

Time taken for online services to reach 1.0m. users:

i) ChatGPT - 5 days

ii) Instagram - 2.5 months

iii) Spotify - 5 months

iv) Facebook - 10 months

v) Twitter - 2 years

vi) Airbnb - 2.5 years

vii) Netflix - 3.5 years

Morgan Stanley Research as quoted by Alan Kohler, 2023

Time taken to reach 50m. users:

i) Pokemon Go (couple of days)

ii) online game 'angry birds" (15 days)

iii) Internet (3 years)

iv) iPod (4 years)

v) TV (13 years)

vi) radio (38 years)

Time taken to reach 100m. users:
- ChatGPT (2 months)
- Facebook (4.5 years)
- Internet (7 years)
- mobile phones (16 years)

NB It took 8 years for smart phones to reach 1b. users

As shown above, take up of new technology is becoming faster; more evidence

"...ChatGPT......reaching 100 million users in two months..."

Ed Husic, 2023

Threads (a competitor to Twitter) developed by Facebook, had logged in 10 million signups in the first 7 hours; 100 million users within 5 days after its launch.

(source: Hannah Murphy et al, 2023)