In today's world, where artificial intelligence is woven into almost every aspect of our lives, ChatGPT stands out as a tool that goes beyond simple conversation—it's a gateway to new opportunities and potential income. Beyond its chat function, ChatGPT fuels innovation, allowing people to monetize their creativity, knowledge, and skills like never before. Entrepreneurs, developers, and content creators are all finding unique ways to use ChatGPT to make money.
Let's explore different ways you can leverage ChatGPT in your career, earn money, create value, and even start your own business in the ever-expanding world of AI.
8 Ways to Make Money With ChatGPT in 2024
With the rising demand for AI and AI-skilled professionals, there are various ways to make money using ChatGPT. Here are some ways you can also look forward to leveraging ChatGPT, building your network, and making passive income.
Let's explore several ways to earn money with ChatGPT:
- Build Chatbots and Monetize
- Build an Application or Website
- Become a Freelance Content Writer / Copy Writer
- Create PPTs
- Write eBook and Sell
- Create Resume
- Create Logos and Illustrations
- Become an AI Prompt Engineer
1. Build Chatbots and Monetize
With the rise of AI, there's been a surge in demand for AI-powered chatbots among businesses. Nowadays, companies are keen to personalize their user experiences by training chatbots with custom data. Being a chatbot developer, if you can build and train AI bots using tailored data and create engaging interfaces, you stand to make a decent income.
Beyond that, you can design chatbots specifically tailored to certain products or services, like a "Skin Glow Guide" or "Cinebuddy," using platforms like OpenAI, Poe WhatsApp and Telegram. Now, you can use the Monetizebot platform to monetize your chatbots by incorporating relevant ads and targeting specific audiences/users.
For example, when a user interacts with your chatbot, sends a message, and your chatbot has plugged monetizebot.ai in, it identifies the user’s query as high-intent; your bot's response gets modified and along with answering the user's query, your bot will now even shoot an ad link and every time the user clicks on the link it contributes to your revenue, which you can monitor live on Monetizebot dashboard.
And here's the best part: You don't have to be a coding expert to build a chatbot. While having a basic understanding of code can be helpful, ChatGPT can guide you through the process step by step.
So, whether you want to build a chatbot and monetize it or build a custom chatbot and sell it to big organizations, a chatbot is the way forward.
2. Build an App or Website
Creating a new AI product presents a lucrative opportunity for earning money with ChatGPT. You can develop a website or application without the need for extensive coding skills. ChatGPT can guide you through the process, providing step-by-step instructions on programming languages and frameworks. While you don’t have to be a programmer, having a basic grasp of logic will help you understand the code better.
Whether you want to build an HTML page or website from scratch or debug code, ChatGPT is at your service. You can leverage ChatGPT to become a freelancer or solo entrepreneur and build your own business.
For optimal results, it’s recommended to use ChatGPT 4, which excels in coding and error debugging and offers various pre-installed prompts for exploration.
3. Freelance Content Writer or Copy Writer
Now, with the help of ChatGPT, you can freelance in any domain. Freelancing is not just limited to writing blogs and articles; you can use GPT to write product descriptions, create landing page layouts and content, proofread SEO titles and descriptions, do digital marketing, and offer many more services to clients and businesses.
With the help of proper prompts, it is easy for you to create write-ups that help achieve your client’s requirements. So, you can freelance in your expertise area and make money with ChatGPT if you use it well.
Thus, value-driven AI content can be used to create compelling and informative content that users can rely upon. Using AI, content writing can be achieved in a couple of minutes, and ChatGPT is one of the fastest ways to make money.
4. Create a PowerPoint presentation (PPT)
OpenAI-based ChatGPT cannot create PowerPoint presentations entirely but can create content. You need to plan your presentations properly and then create a layout of the content and the slide numbers. You must create specific prompts to make money with ChatGPT-based PowerPoint presentations.
Let us look into the steps to create an enticing PowerPoint presentation:
- For each slide, plan the content and generate a prompt.
- Use the prompt to get the content directly from ChatGPT.
- Copy and paste the content after verifying the information.
- Additionally, you can use other tools like DALL-E to create custom images for each slide.
After creating the PowerPoint presentation, you can sell it online or create a YouTube video using it. One of the best ways to make money with ChatGPT is by creating PowerPoint presentations. You can also take up clients and provide them with professional presentations that satisfy your client's needs.
5. Write e-books and Sell
With the rise of ChatGPT, AI-written e-books have seen a significant rise in Amazon KDP and Google Play Books. A recent report by Reuters, also states the same.
Writing and conceptualizing new ideas has fairly become easier for writers by using ChatGPT. From children’s story books, comics, thriller and fiction eBooks to sci-fi novels, writers use ChatGPT to create ebooks on many relevant and niche topics and sell them directly on multiple platforms such as Amazon, Blurb, Google Play Book and many more.
Although ChatGPT does not create the entire content in one go, you can follow these steps:
- Create an outline for the chapters that you want to include in your eBook.
- Next, you need to divide the chapters into their respective sections using AI.
- Create prompts that can help you to create the content for all these sections.
- Now, you need to review the data/content and ensure that it perfectly aligns with your expectations.
- Do some final editing and create a uniform format for writing the content.
6. Create Resumes
ChatGPT can also create resumes for you after you input the information. To understand ChatGPT's required information, you need to implement it in a prompt. Some examples of how to use prompts for ChatGPT to create a resume are:
- “I have X years of experience as a content writer and now want to work as a content manager at ABC Company. I want you to write a resume for me. Please let me know what information you need from my end”.
- "I want you to craft my resume. I currently work at an ABC company and want to explore new opportunities in the XYZ industry. Can you tell me what kind of information you need from me to include on my resume?"
Using prompts similar to the ones mentioned above, it becomes easy for you to create an effective resume and sell it to your clients. You can also ask for an outline from the client to provide a resume that caters to their specific needs.
Once you've mastered the art of crafting effective prompts and generating resumes, you can seamlessly offer resume creation services via LinkedIn and Instagram or even build a website to sell to your potential clients.
7. Create Logos and Illustrations
You must be aware that every business needs a logo and illustrations! However, designing one takes a lot of time and also utilizes creativity. ChatGPT can help you create logos. You can use ChatGPT to input prompts and generate ideas that can be well incorporated into designing a logo.
Some of the basic steps that go into designing with ChatGPT are as follows:
- Give ChatGPT a brief description of your logo. These might include company values, colour preferences, font, and target audience.
- Use the power of generative AI to explore more ideas and enhance the design you initially had.
- Gather ideas and descriptions about the logos and start creating them on other AI logo generators.
After using these instructions, you can create an interesting logo for your client's businesses or brands. You can also use social media platforms such as Instagram to attract potential users by showcasing your illustrations and selling them for a large amount.
8. Become a Prompt Engineer
If you have a clear idea about how AI understand prompts and how various AI tools work, then Prompt Engineering is another lucrative way to make money using ChatGPT. Prompt engineers are known to shape the outputs of AI and create accurate content that meets your demands.
Prompt engineering involves creating effective prompts or inputs for AI language models like ChatGPT to generate desired outputs.
Being a prompt engineer, you can use ChatGPT in several ways to make money, such as:
- Building custom prompt
- Consulting businesses
- Conduct AI training workshops
- Develop prompt engineering tools
- Collaborate with AI developers
- Content generation and optimization
Prompt engineering offers various opportunities to leverage AI language models effectively and profitably. You can contribute to developing and applying AI technologies in diverse fields by providing valuable, prompt engineering services and charging a fee for them.
Conclusion
ChatGPT has become the need of the hour, and with that, it has also been a lucrative way of making money. Whether it is building chatbots, creating content and attractive resumes, or building a website or application, ChatGPT can help you with everything and has opened the door for multiple people to make passive income with AI.
Remember to adhere to ethical guidelines and legal regulations when offering AI services. Additionally, continuously update your skills and stay informed about advancements in the field to remain competitive.
FAQs
1. How do I make passive income with AI?
A survey from GOBankingRates shows that 10.6% of men and 5.5% of women already use AI for passive income. You can freelance and create content, build applications and websites, create and sell AI artworks, produce online courses, or create on-demand client requirements.
2. Do Chatbot plugins make money?
Yes, chatbot plugins are a reliable way to make money! Add the plugin to your website and increase client communications. Create responses in such a way that you have sufficient conversions and generate revenue. Moreover, you may use your chatbot to generate leads and notify the sales team.
3. What is ChatGPT useful for?
ChatGPT is useful for various tasks due to its ability to understand natural language. Some common uses are creating content, personal assistance, creative writing, coding assistance, and building custom chatbots for customer support and specific product chatbots on Open AI and Poe.
4. How to use AI to earn money?
There are several ways to make money using AI. You can create custom chatbots on Open AI and Poe and monetize your bots, build websites using AI, become a freelance writer, and create and sell AI artwork. You can also use AI to create AI-powered products and digital marketing campaigns.
5. What are the best AI tools to make money?
Using AI tools to make money could be a promising endeavour. However, using the tools totally depends upon the use case and requirements. Some AI tools can help you make money: Jasper.ai, DALL-E 3, Open AI codex, Copilot, and Descript.
