ChatGPT is another large language model (LLM) inline but due to its performance and ability to converse effectively, it has gained a huge popularity amongst research as well as industrial community. Recently, many studies have been published to show the effectiveness, efficiency, integration, and sentiments of chatGPT and other LLMs. In contrast, this study focuses on the important aspects that are mostly overlooked, i.e. sustainability, privacy, digital divide, and ethics and suggests that not only chatGPT but every subsequent entry in the category of conversational bots should undergo Sustainability, PrivAcy, Digital divide, and Ethics (SPADE) evaluation. This paper discusses in detail about the issues and concerns raised over chatGPT in line with aforementioned characteristics. We support our hypothesis by some preliminary data collection and visualizations along with hypothesized facts. We also suggest mitigations and recommendations for each of the concerns. Furthermore, we also suggest some policies and recommendations for AI policy act, if designed by the governments.