A working paper analyzing 102 advertiser sites found that ads on ChatGPT are currently underperforming compared to Google Search ads. The paper indicates that ChatGPT ads generated $0.89 per visit, significantly less than the $2.45 generated by Google Search ads. Furthermore, conversion rates for ChatGPT ads were 0.37%, compared to 1.17% for Google Search ads, with a majority of advertisers seeing no sales attributed to ChatGPT. AI
IMPACT Early data suggests ChatGPT's advertising platform may not yet be a viable revenue stream for advertisers.
RANK_REASON Analysis of early performance data for ChatGPT ads, not a direct release from a frontier lab.
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