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Economist Steve Hanke Questions AI ‘Hype’ as Just 2.9% of US Consumers Pay for ChatGPT, Claude, Gemini or Grok: ‘The Public Is Not Buying’

Oct 28, 2026 · 05:37 AM ET· updated 2h ago
Economist Steve Hanke Questions AI ‘Hype’ as Just 2.9% of US Consumers Pay for ChatGPT, Claude, Gemini or Grok: ‘The Public Is Not Buying’

Economist Steve Hanke says just 2.9% of U.S. consumers pay for leading AI assistants, questioning hype around AI adoption and retention.

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Why It Matters

Very few Americans actually pay for AI tools like ChatGPT. This suggests people like free versions more than buying premium ones.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.