Have you been asking some of these how to make money with AI questions?
How can I make money using AI?
How can I start a business with AI?
How do I generate passive income with AI?
Ask no further, because the answers you need are right in front of you.
As AI continues to reshape industries, the opportunities to make money are endless.
Whether starting a social media management company, establishing an AI optimization agency, investing in AI companies, building an AI-enhanced e-commerce business, or diving into AI-automated affiliate marketing, the key is to embrace the possibilities and take action.
AI is not just a trend, it’s a transformative force that can lead to financial success.
So let’s go through some of the best ways to make money with AI
10 ways to start making money with AI
After investing around 100 hours in research, we’ve uncovered 10 ways you can make money with AI.
1. Use AI for web design
The rise of AI website builders like Durable, Web10, and Zyro opens up vast opportunities to make money online.
These AI Website builders enable you to create websites from scratch, regardless of your experience or skill level. In less than an hour, you can have a fully functional website ready to go.
With strategic positioning and proper execution, you can leverage these tools to build websites, offer services, and generate income.
Now, let’s explore how you can turn these powerful tools into a source of income. One approach is to offer website building services to businesses.
You can reach out to potential clients, showcase your AI-generated website demo, and offer your expertise in refining and personalizing their online presence.
Additional Ways to Monetize AI Website Building Skills
Freelancing Platforms: Websites like Upwork and Fiverr have a high demand for website builders. You can offer your services at competitive prices, giving clients affordable yet professional-looking websites.
Website Flipping: Build websites using Durable and sell them on platforms like Flippa or Empire Flippers. This can be a lucrative venture, especially if your site gains traction.
Building Your Brand: As you accumulate experience and positive reviews, consider establishing your brand as a website-building expert. This can attract more clients and set you apart in the competitive online marketplace.
2. Create online courses using AI
Imagine creating a product that can be sold over a million times, generating passive income for years. This is the reality for many successful online course creators.
Unlike physical products that involve complex logistics, online courses offer automation, allowing creators to focus on content creation and reap the rewards for an extended period.
The potential for substantial earnings through digital courses is undeniable, and the numbers speak for themselves. A course with over 1.8 million sales on Udemy, valued at a conservative estimate of $19, a content creator could rake in over $34 million, minus the 50% commission for Udemy, the creator will pocket $17 million from just one course.
This level of passive income is nothing short of remarkable, especially considering the minimal effort required after the initial creation.
Creating AI courses requires effort, but the returns are worth it. by leveraging online AI course creators. Such as Mini Course Generator, Coursebox, and Learn Worlds.
Each platform offers a unique approach to generating course content. Mini Course Generator and Coursebox focus on simplicity, and customization, while LearnWorlds adds a professional touch to your course website.
Once you’ve created your AI courses, you can sell it on platforms like Udemy for easy access to a broad audience, despite a revenue cut. Alternatively, you can set up your own online course shop using Shopify and WordPress, giving you control over advertising and branding.
3. Algorithmic trading
The fusion of ChatGPT and crypto trading bots opens up great possibilities for traders, irrespective of their technical background.
This innovative approach allows them to create, test, and implement sophisticated algorithms, ultimately transforming the way they navigate cryptocurrency trading.
Some traders use platforms like ChatGpt to generate an algorithm based on their preferences, employing indicators like simple moving averages and momentum indicators.
These algorithms showcase their historical performance, allowing them to make informed decisions. Whether it’s a grid strategy, dollar-cost averaging, or trailing stops, there’s a diverse range of options to choose from.
Note: Am not an expert in this area, so do your own research.
4. AI Consulting and Services
Many companies are navigating the dual challenges of both fearing and fearing missing out (FOMO) on AI advancements.
People frequently approach me, curious about the dynamics of AI and how they can leverage it to enhance their business and generate more revenue.
Aspiring AI consultants can begin by assessing whether a company’s software dependencies can transition from a code model to a no-code model. For instance, restaurants with online ordering apps or mid-sized fashion companies with online shopping apps can benefit from AI-powered no-code software builders. These tools not only reduce costs but also expedite updates and seamlessly integrate advanced features like chatbots and predictive analytics.
Recently, Microsoft invested significantly in a company called Builder.ai, specializing in no-code software development.
This partnership indicates a growing trend towards empowering businesses to create applications without extensive coding knowledge.
Another burgeoning field for AI consultants is content detection for certification companies. Whether it’s schools, universities, or businesses administering online certificates, there’s a need for AI-based solutions to combat fraud and ensure the integrity of certifications.
This involves implementing a suite of evolving tools to stay ahead of potential cheating using AI-generated content.
5. Investing in AI startups
Investing in AI is not without its challenges, but with careful consideration and diversification, it can be a rewarding venture.
Most companies are integrating AI into their operations, indicating its popularity and potential for growth. Successful AI stocks, like Nvidia, have demonstrated substantial gains.
But the popularity of AI can lead to inflated stock values, potentially resulting in a market bubble.
For higher-risk, potentially high-return investments, explore AI startups through crowdfunding platforms like Kickstarter, Indiegogo, or GoFundMe. Participate in the early stages of groundbreaking AI innovations.
6. Develop and sell AI chatbot
AI chatbots are a transformative tool for businesses, providing automation, engagement, and efficiency.
AI chatbots address common business challenges, such as overwhelmed staff managing messages, ensuring quick responses, and offering personalized interactions.
With the right platform, like ChatBot Builder, and a strategic approach, businesses can unlock new heights of success.
For those new to the AI chatbot business, selecting a niche with a high average order value is recommended. This approach ensures a more straightforward path to success and higher profitability.
When reaching out to potential clients, offer a three-day free trial to showcase the value of the chatbot. Highlight the cost-effectiveness of the platform compared to traditional staff.
7. Become An AI Copywriter
Copywriting has never been more accessible than it is in 2023. The combination of AI tools, free courses, and improved outreach strategies has changed the industry.
Whether you’re new to copywriting or struggling to make progress, By using AI copywriting tools you can take on more projects and increase your income.
Moreover, it helps save precious time and mental energy, allowing you to focus on other aspects of your copywriting business.
List your services on multiple freelancing platforms, such as PeoplePerHour, Fiverr, Upwork and Latium.org, to broaden your client base.
8. Learn AI Skills
The debate around AI taking over jobs remains uncertain. Yet, building AI tools emerges as one of the last job domains AI might replace. To future-proof yourself, investing time in learning to build AI becomes crucial.
Notably, companies like OpenAI, the creators of ChatGPT, reward AI engineers with substantial salaries, highlighting the increasing demand for these skills in the job market.
Programming skills, specifically in Python, are imperative for Machine Learning. LearnPython.org offers hands-on exercises to help you understand the basics, ensuring a solid foundation for implementing Machine Learning algorithms.
To build AI tools like ChatGPT may be a hard task, but with a structured approach to learning Mathematics, Statistics, Programming, Machine Learning, and Deep Learning, you can unlock a pathway to a successful career in AI.
The future of technology awaits, and by investing time and effort into mastering these skills, you’ll be well-prepared for the challenges and opportunities that lie ahead.
9. AI SEO service
Search Engine Optimization (SEO) has become a crucial aspect of a successful online presence. However, not everyone is equipped with the in-depth knowledge or experience to offer SEO services confidently.
The traditional way to offer SEO or any service is to know it, understand it, and do it all yourself.
For SEO, that would mean understanding SEO theory, on-page SEO, technical SEO, backlinks, content, linking structure, and more.
However, a beginner-friendly option to learn all these things is to download a free SEO checklist online. Checklists by Ahrefs and a personally created one can give you everything you need to get started.
With the help of AI SEO tools, such as Surfer SEO and AlliAI you can start offering AI SEO services on platforms like Upwork and Fiverr, allowing you to deliver high-quality SEO service to your clients without being an SEO expert. Freelancers can charge anywhere from $20 to over $200 per hour.
10. Start faceless youtube channel using AI
Creating a faceless youtube channel using only AI is a good way to start making money from youtube. A lot of channels are already doing it so why not give it a try.
The best way to create a profitable faceless youtube channel is to find a niche with a high possibility of going viral on YouTube.
To achieve this, log into Chat GPT and ask for 20 profitable niches for YouTube channels in 2024. Choosing the right niche is key to your channel’s success.
Leveraging Chat GPT’s real-time information, you can discover trending and profitable niches. For instance, health and fitness are currently hot topics on YouTube, attracting a broad audience.
Once you have selected the right niche for your youtube channel, you can also ask ChatGPT to suggest a name for the channel.
Then also ask it to generate topics based on your target niche. Then head over to InVideo and ask it to write a video script for you.
With the help of InVideo you can create faceless videos in minutes without showing your face on camera.
Conclusion
The opportunities to make money with AI are much and expanding as the technology continues to change industries.
If you are an entrepreneur or someone looking for new avenues to make money, choosing any of the methods mentioned above can lead to financial success.
