AI Surpasses Bitcoin: Google Reveals Shift in User Searches

• The Evolution of User Interest: Crypto vs Artificial Intelligence
• The Notable Shift in Emerging Technologies
• Google Trends Data: An Insight into the Shift
• Understanding the Factors Influencing the Shift
• Regional Trends and Global Impact
• Interpretation of Data and User Feedback
• The Future of User Interest

The Evolution of User Interest: Crypto vs Artificial Intelligence

The Notable Shift in Emerging Technologies

In the year 2023, discussions surrounding crypto vs artificial intelligence have taken center stage, throwing light on the trajectory of these changing technologies. Such debates are not new, with similar skepticism and intrigue surrounding the rise of internet in the early 2000s. Interestingly, data from Google Trends shows that more searches for AI surpassed those for Bitcoin$42,260 -0.64% and crypto, marking a pivotal change in user interests.

Google Trends Data: An Insight into the Shift

Historically, search interest for Bitcoin and occasionally crypto has consistently trumped that of AI. The winds of change began to blow around August 2022, leading to a surge in AI searches by November 2022, corresponding with the launch of OpenAI's ChatGPT. Since then, the gap between searches for artificial intelligence and cryptocurrency has continued to widen. Presently, the global search interest for AI holds a Google Trends score of 91, with Bitcoin lagging behind with a score of 22, based on Google's zero to 100 rating scale which measures a topic's proportion to total searches across all topics.

Understanding the Factors Influencing the Shift

The observation may not seem surprising given that Bitcoin was stuck at the tail end of a bear market cycle throughout the latter half of 2021 and most of 2022. Even though Bitcoin has made some recovery this year, it started the year 2023 significantly below its all-time high, registering $42,680 at the present time, as per data from CoinMarketCap.

Regional Trends and Global Impact

Google Trends data offers a glimpse into the geographical distribution of interest, revealing Bitcoin's popularity in El Salvador, Nigeria, the Netherlands, Brazil, and Switzerland. On the other hand, 2023 has been a significant year for artificial intelligence, with concerns about job displacement, the rise of AI-based services, and new chatbots like ChatGPT, Google Bard, Meta AI, and GrokAI, the last of which was launched by tech tycoon Elon Musk. Increased interest in AI has been observed from users in Japan, Vietnam, Taiwan, South Korea, and Italy.

Interpretation of Data and User Feedback

Crypto X user Autism Capital brought this trend into the limelight in a post on December 26, reaching a huge following of 249,900 followers. A remark on the post indicated the difference in search interest could be due to Bitcoin and crypto's longer presence in the public consciousness as compared to the newer intrigue with AI. This suggests that users may have searched extensively for cryptocurrency terms in previous years.

The Future of User Interest

The shift in Google search trends, with AI outpacing Bitcoin and crypto, reflects the evolving user interests in the dynamic tech landscape. As artificial intelligence and cryptocurrency continue to shape the future, the shifting search patterns highlight the ongoing research and curiosity associated with these transformative technologies. The global tech dialogue is progressing, and the increased focus on AI signifies a growing recognition of its influence and potential.

Edited by Jonathan Stoker