U. Pittsburgh Linguist Scott Kiesling has researched how young Americans use the word “dude:”
… the four-letter word has many uses: in greetings (“What’s up, dude?”); as an exclamation (“Whoa, Dude!”); commiseration (“Dude, I’m so sorry.”); to one-up someone (“That’s so lame, dude.”); as well as agreement, surprise and disgust (“Dude.”).