Have you heard about all the crazy ways people are making money with artificial intelligence these days? You probably have, but in case you haven’t, let me fill you in. AI is hot right now and there are tons of opportunities for regular folks like you and me to cash in. Forget the hype about robots taking our jobs – for now at least, AI is creating jobs and side hustles. Whether you want to dive in full-time or just make a few extra bucks on the weekends, the AI gold rush is on. In this article, I’ll share 10 ways you can make money with AI, from training data labeling to online course creation and beyond. Some require technical skills but others just a willingness to learn. If you’ve been looking for ways to pad your bank account or even start a new career, AI could be your ticket to success. Read on to find out how.
Create AI-Generated Content
AI can generate content for you to publish on your blog, website or social media. This allows you to scale your content creation and reach more people.
AI Copywriting
Use an AI writing assistant to generate blog posts, social media posts, product descriptions, email newsletters, etc. Give the AI some sample content you’ve written, your brand guidelines, and keywords or topics you want to cover. The AI will then generate custom content in your own voice and style. Repurpose your content by having the AI rewrite it in different styles, lengths and formats. For example, turn a long-form blog post into a short social media post or podcast transcript. This maximizes your content without having to manually rewrite everything. Check out our favorite AI copywriting tools like Hypotenuse AI, Scalenut AI and Content at Scale.
AI Translation
Translate your content into other languages to reach international audiences. AI translation tools can translate entire articles, social media posts, newsletters, etc. The results may require some editing to sound natural but can save hours of manual translation work. Mr. Beast, Plina Pushkareva and many super successful bloggers are using multilingual translation to expand their audience accross the globe.
AI SEO Optimization
Generate SEO-optimized content around specific keywords to improve your search rankings and organic traffic. Give the AI a list of target keywords and have it research the topics to generate content tailored to rank well in search engines. Leverage the power of AI SEO software tools like Scalenut AI, Semrush, Link Whisperer to improve position rankings of your website.
AI Art
Creating art has not been easier than today with the help of AI art generators like Midjourney, Leonardo AI, Seart Ai, and Dalle. These tools can generate a breathtaking piece of art within a minute. How crazy is that? Later this art can be sold for hundreds of dollars on shutterstock, adobe stock, and other marketplaces. As for video editing enhanced by AI, there is plenty of options; tools like Synthesia AI, Pictory, Descript can help you speed up the nerveracking process of video creation.
Automate Business Workflows
AI Chatbots
Chatbots are automated programs that can have conversations via messaging apps, websites, and more. Build a chatbot to handle customer service queries, provide information, or even for entertainment. Sell your chatbots to businesses, integrate them into your own offerings, or make money through sponsorships and advertising. In order to build a chatbot for a business, you could use Python programming language, OpenAI API key and an AI coding assistant that will guide you along the way. The second option is to use a no code platform that can create a custom chatbot without you needing to know the programming the language. Chatbot tools like Botpress can help you do that. It has a nice and clean drag-and-drop interface, that shows the logic of the bot.
Business Process Automation
Business Process Automation or BPA has drastically advanced over the last couple of years. Repetitive and mundane tasks that used to take hours to perform, now can be done with a click of a button. Many entepreneurs and executives are struggling to catch up with the ai: you can help their businesses save hundreds of hours every week by implementing a few easy automations with the help of ai automation tools such as Make, or previously known as Integromat.
Get a Job in the AI Industry
The AI industry is booming, and companies are hiring. If you have technical skills in areas like machine learning, natural language processing, or computer vision, you’ll find many opportunities. To get started, you’ll need expertise in areas like machine learning, natural language processing, and data analysis. Familiarity with AI platforms and tools like TensorFlow, PyTorch, and Keras is a must. Strong communication skills are also key since a big part of your job will be explaining complex AI concepts to non-technical teams and C-suite executives.
Develop AI systems
As an AI engineer, you’ll develop the algorithms and systems that power AI applications. You’ll need a degree in computer science, software engineering, or a related field. The pay is great, with an average salary of over $100,000 in the U.S.
Train AI models
As an AI trainer, you’ll feed huge amounts of data into AI models to teach them. You’ll tune and optimize the models so they can learn complex patterns. This role typically requires a bachelor’s degree in a technical field. The pay is also quite competitive, over $90,000 on average.
Teach AI skills
With demand for AI talent far outpacing supply, teaching is a great way to get involved. You can teach AI skills to students or professionals looking to upskill. There are plenty of educational platforms like Udemy, Skillshare, Youtube, etc. to promote your courses and lectures about artificial intelligence. AI is one of the hottest trends right now, you can easily gather a massive audience and make a load of money.
Consult on AI projects
As an AI consultant, you’ll advise companies on how to implement AI strategies and solutions. You’ll assess business needs, design AI architectures, and help manage AI projects. Strong technical and consulting skills are essential. Many consultants have degrees in IT, computer science or engineering. Rates vary but often exceed $100 per hour. You can easily find clients through Bubble, Bardeen, Make platforms that are heavily investing in popularizing the artificial intelligence tools in the mainstream.
Invest in AI and Machine Learning Startups
Investing in AI and machine learning startups is one way to potentially make money from this fast-growing industry. Many startups are developing innovative technologies and services using artificial intelligence, and some may become very successful. By getting in on the ground floor as an investor, you could earn a big return if any of your portfolio companies take off.
Consider equity crowdfunding platforms
Equity crowdfunding platforms like SeedInvest, StartEngine and MicroVentures allow regular investors to fund startups. You can browse lists of startups raising money, review their business plans and pitch decks, and invest in the companies you believe in for as little as $500. The returns can be huge if any of your chosen startups succeed. However, many startups do fail, so only invest money you can afford to lose.
Look at VC-backed startups
Pay attention to which startups are getting funding from reputable venture capital firms. Not only does VC funding help startups scale their business, but it’s also a sign that industry experts believe in the company’s potential. Some VC-backed AI startups may allow regular investors to participate in funding rounds. This provides an opportunity to get in on the ground floor of a startup poised for rapid growth.
Consider equity in public companies
Some large public tech companies that are investing heavily in AI may also provide good investment opportunities. As these companies roll out new AI-powered products and services, their stock prices could surge over the long run. Major tech companies like Google, Amazon, Microsoft, and Apple are all leaders in applying AI and machine learning. Investing in these types of companies is a more stable choice than funding unproven startups.
Conclusion
So there you have it, 10 ideas you can make money with AI. The opportunities are endless if you have the skills and imagination. Don’t wait for the future to happen – help build it! Get out there and create an AI-based business or product that solves real problems. You’ll be rewarded with the thrill of innovation and possibly a big payday. And who knows, maybe your AI creation will become the next big thing. The only thing holding you back is yourself. Take that first step and get started today. AI is the present and the future, so what are you waiting for? Go make that money with AI! The future is now.