TL;DR:
- Quora’s AI chatbot platform, Poe, introduces a unique program to financially reward bot creators.
- The program is a groundbreaking initiative in the AI chatbot industry.
- Bot creators can earn income by leading users to subscribe to Poe or by setting per-message fees.
- Quora aims to leverage Poe’s content to enhance its Q&A site, potentially reaching 400 million monthly visitors.
- Poe has seen significant growth in downloads and active users, but in-app revenue may not reflect its full earnings.
- The creator monetization program is currently available only to U.S. users, offering up to $20 per subscribing user.
- Quora anticipates enabling smaller companies and AI research groups to introduce their bots to the public.
- CEO Adam D’Angelo envisions a thriving market across various bot domains.
Main AI News:
In a groundbreaking move within the tech industry, Quora’s AI chatbot platform, Poe, has embarked on a mission to monetarily reward bot creators. While the term “creator” typically evokes thoughts of content producers on social media platforms like TikTok, YouTube, or Instagram, Poe is now extending its generosity to those who develop AI chatbots, including “prompt bots” on its platform and server bots integrated with the Poe AI by developers.
Launched just last week, this program stands as one of the pioneering initiatives to compensate AI bot creators for their innovative endeavors. Poe’s creator monetization program offers two distinct income-generating avenues for bot developers. Firstly, if a bot successfully leads a user to subscribe to Poe, the company promptly shares a portion of the revenue with the bot’s creator. Secondly, an upcoming option will allow bot creators to establish a per-message fee, with Quora committing to pay a fee for every message sent. This second option is expected to be unveiled in the near future.
Quora unveiled its chatbot app, Poe, to the public in February, enabling users to seek answers from a diverse array of AI chatbots, including those developed by industry leaders like OpenAI and companies such as Amazon and Google-backed Anthropic. Beyond being a platform for users to explore cutting-edge AI technologies, Poe’s content holds the potential to elevate Quora’s renowned Q&A site. If Poe’s content meets the stringent quality standards set by Quora, it could find its way to the site’s extensive user base of 400 million monthly visitors.
Poe has been experiencing remarkable growth in the flourishing AI chatbot market. According to data from market intelligence provider Apptopia, Poe’s mobile app garnered an impressive 253,530 downloads within its inaugural month of public availability. As of October 24th, it boasts over 18.4 million installations and nearly 1.22 million monthly active users. However, Apptopia’s estimate of Poe’s in-app purchase revenue sits at less than a quarter of a million dollars per month, although this figure might not encompass web-based interactions and subscription sign-ups.
Quora’s creator monetization program is currently exclusive to U.S. users, offering compensation of up to $20 per user who subscribes to Poe through a creator’s bots. This compensation is calculated through various metrics, including user acquisition, returning users, paywall interactions, and soon, user-initiated messages at developer-set prices. More expensive bots will have limited user interaction, and certain bots will be accessible only to subscribers, according to Quora.
When a user subscribes to Poe, the company allocates either $10 per month or $20 per year of the subscription fee. This sum is then divided among monetizing creators who contributed to successful activations and paywall conversions, as outlined in the company’s developer documentation. Payouts are processed through Stripe.
Quora envisions this program as a catalyst for smaller companies and AI research groups to introduce their bots to the public, even without the extensive resources required to build a standalone AI chatbot application. It also serves as a strategic move to boost subscriber acquisition through an affiliate-like program, enhancing Poe’s competitiveness in a market where mobile AI chatbot apps are already raking in substantial profits.
Quora’s CEO, Adam D’Angelo, anticipates a thriving ecosystem of bots across various domains, including tutoring, knowledge sharing, therapy, entertainment, virtual assistants, data analysis, storytelling, and multimedia generation. As this nascent market takes shape, numerous opportunities await those who seek to provide valuable services to the world while reaping financial rewards simultaneously.
Conclusion:
Quora’s move to monetize AI chatbot creators through Poe signifies a transformative shift in the market. By incentivizing bot development and user acquisition, Quora is poised to strengthen its position and compete effectively in the evolving AI chatbot landscape. This initiative opens doors for smaller players, fostering innovation and potentially reshaping the industry as a whole.
