8 Ways for making money with ChatGPT and other AI's?
Yes, ChatGPT is amazing. But how can you use it to make money? We answer the question.
Artificial intelligence is undoubtedly the buzzword of the year. Apart from ChatGPT, which has been making the buzz for months, there's Midjourney and several other language models. They never cease to dazzle us with their responses, their intelligence and their ability to simulate the human. But then, is it possible to use them to make money, even without being an AI professional?
Yes, you can use ChatGPT and make money, but...
It only took ChatGPT about 3 months to reach the 100 million user mark. If at first everyone just wanted to try out the artificial intelligence model, that's not really the case anymore. More and more people are using it to generate revenue, whatever their field or activity. Because, yes, you can make money with ChatGPT, but so can all the other AI models that exist on the web.
Nevertheless, it's essential to understand what you mean by using ChatGPT to make money. You need to remember that the tool has many shortcomings and is still under development.
Also, it's not an expert and can't do all the work for you.
For example, ChatGPT can't build a website from scratch. Likewise, you can't ask OpenAI to write a whole book for you. Clearly, it will try, but that's as far as the language model goes.
Whatever you're aiming for, it's essential that you have a minimum of knowledge. You need to know exactly what you want, the different parts or the different routes to the end result. Only then will you be able to subdivide your prompts to throw at the AI.
8 ways to make money with ChatGPT and other AI models
Looking for ideas on how to make money with ChatGPT and other AI models? Here are 10 avenues to explore.
Write a book
ChatGPT is a talker and a big talker. He's got a mind of his own. That said, you can use him to write books. Again, if you have no ideas, just ask him for examples of interesting book topics. Choose one of the suggestions and ask him to write you a short story or novel on the subject.
However, he won't produce a 300-page book on the spot. You can divide the initial story into well-structured sub-sections and ask him to write them. All you have to do is add them together to make your novel or collection of short stories. Then offer it through the Amazon KDP program. Today, many books written by ChatGPT can be found on Amazon.
Offering web design services
Things aren't easier, they're much better. Since ChatGPT has the ability to code, you can use it to offer web design services.
However, as mentioned above, ChatGPT is not an expert. You need to know your way around web development to take advantage of this benefit. The tool won't be able to develop an entire website in a matter of seconds. It's up to you to instruct it to code this part after that part. Add CSS here, HTML there and PHP further on.
Develop a Chatbot on the ChatGPT API
Taking menus or responding in the absence of human staff, chatbots are really useful. But they're only as good as the instructions they receive. Today, you can remove this barrier and boost their performance tenfold by developing them on the ChatGPT API.
Use chatbot creation sites and ask chatGPT to generate a knowledge base for you, based on the purpose of the bot you're going to create. Then use what OpenAI's AI model generates to feed your chatbot.
Ethical hacking
With ethical hacking, a young hacker managed to make $42,000, thanks to ChatGPT. How did he do it?
All you have to do is retrieve the source codes of popular company websites and ask the tool to analyze them for you. It will do so in a matter of seconds, or even minutes, and tell you what flaws it has found. Report the information to the company to collect your reward. The most generous in this respect are Google, Facebook, Amazon, etc.
Propose trading algorithms
Analyze signals, enter the market when it's favorable and exit as soon as the signals are against. It's not always easy. That's why trading algorithms have been used for some years to make the task easier. However, to develop them, you needed knowledge of Python and a lot of money.
Today, you can use ChatGPT to go faster. Go to the AI model, enter your trading objectives and the desired parameters. Then ask the tool to generate the script. All you have to do is retrieve it and deploy it on your trading platform, if it allows algorithms.
Selling fine art
In addition to ChatGPT, which is all the rage, you can also use Midjourney to earn money. Midjourney is an artificial intelligence that generates images. So you can use it to generate beautiful Art paintings. All you have to do is draw them and offer them for sale.
Sell stickers
If you find it difficult to design artworks, it's possible to generate small images with the Midjourney AI. All you have to do is download these images and turn them into stickers. If the images you come up with are good-looking, you'll be able to earn a bit of money. But creativity is essential!
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