There are several arguments in favor of using AMP to improve the mobile experience of a WordPress site:
Faster page loads: One of the best ways to improve the user experience of your WordPress site is to speed it up, which AMP effectively encourages.
Reduce bounce rate: Faster loading times can successfully reduce bounce rate.
Better SERP Position: A visible AMP icon on a link that implements AMP is an excellent suggestion for users, it can increase click-through rates and improve your position in the SERPs.
Paid Search: The pages you advertise on will open faster than competitors who don’t implement AMP.
Image optimization: The Latest Mailing Database Google AMP cache uses the PageSpeed module and the image optimization stack used by Chrome's data compression.
Disadvantages of AMP
There can be some downsides to implementing AMP for your WordPress content:
It can be difficult to achieve, but with WordPress, things are much easier.
Only Google Analytics tracking is supported.
May not take the user to the original link source.
Limited compatibility.
Despite the above limitations, Google pushes AMP-optimized pages and improves the quality of its mobile search results. This means that if a significant portion of your traffic comes from mobile users, you can definitely benefit from adding AMP support and improving your mobile SEO results.
Official 1.0 is here
One week after announcing WordPress Bebo (5.0), Alberto Medina, one of the biggest advocates of Google's content ecosystem team, came up with the official 1.0 AMP plugin for WordPress.
AMP content creation with the power and flexibility of the WordPress platform? Yes! Version 1.0 of the official AMP plugin for WordPress has been released! — Alberto Medina
Version 1.0 of the plugin allows the creation of AMP content through the standard WordPress content creation process in either the classic editor or a Gutenberg-based editor.