How to Make Money With AI: 10 Practical Ways (2024)

Ever felt like you’re stuck in a never-ending search for effective ways to make money online? What if I told you that artificial intelligence (AI) holds the key to unlocking a goldmine of online income opportunities? Intrigued? Keep reading, because I’ve put together an exclusive list revealing 10 powerful ways you can make money with AI.

From newbies to experienced entrepreneurs, this guide is crafted with you in mind. Picture this: leveraging the power of AI to build a profitable online business, while staying ahead of the competition.

So, are you ready to embark on an exciting journey to financial success? Let’s dive into the world of AI and online income, and uncover the secrets that will reshape your financial future! Trust me, you won’t want to miss these 10 ways awaiting you inside.

1. Create Free Resources

People love free resources!

Imagine that you are looking for a step-by-step checklist to start a blog. And you get a free exclusive checklist from one of the authority bloggers.

Isn’t it cool?

However, not every blogger is able to create free resources, and here AI technology comes into handy.

With AI tools like ChatGPT, Writesonic, or Copy.ai, you can create a perfect beginner-friendly checklist in just 1-2 hours.

Not just Checklist, AI is capable of creating free resources like ebooks, tables, cheat sheets, FAQs, processes, or a free report about something.

The idea is simple, you need to create one of these resources and use them to build an email list. Once they subscribe to your mailing list, you can send more valuable resources to build trust.

Once you have 100, 200, or 5000 subscribers to your email list, you can then recommend some tools, services, or products as an affiliate to make some affiliate commissions.

You can even use platforms like Udimi to sell your traffic. That’s it.

With 10,000 highly targeted email lists, you can easily make at least $2000 to $10,000 per month.

NOTE: It is important to bear in mind that your email list constitutes a valuable asset for your business. Therefore, it is imperative to treat your subscribers with respect by refraining from bombarding them with excessive sales emails. Instead, prioritize offering helpful and informative content to your audience before presenting them with any sales pitches.

Helpful Resource: Affiliate Marketing for Beginners: The Only Guide You Need In2023 [Free Guide]

2. Supplement your content writing process

Another way you can make money with AI is by supplementing your content writing process.

With AI tools like Jasper, you can easily generate unlimited content ideas, Hooks, intros, headlines, emails, content outlines, and ad copies in minutes.

I don’t recommend you use AI tools to generate the full draft. Because it doesn’t add any value to existing content. But I do recommend you use AI for completing repetitive tasks and align it with your writing process to speed up the production rate.

Using AI tools is not going to make you money, AI is just a tool that is going to help you 10x your production rate which is going to help you get more eyeballs to your business or blog and ultimately going to make you money.

3. Generate YouTube Scripts for videos

YouTube surpassed 2.5 billion monthly active users in 2021, making it the top video-sharing platform in the world.

With the exponential growth of active users, the demand for the content is also increased. As a result, more and more content creators are taking charge of video content production.

Although it’s easy to start a YouTube channel, creating content is a real challenge. But since AI has revolutionized the digital era, content creation has emerged as something new. And you no longer need to start things from complete scratch.

For example, with AI tools like ChatGPT, Jasper, or Writersonic, you can generate the best of the best content ideas for your next video. You can generate headlines, descriptions, and a complete video script based on those headlines.

Once you have a script, you can add some data, case studies, statistics, your own findings, and your experience to make it a completely unique script.

Next, you can use tools like Pictory.ai; an AI-powered video generator to turn scripts, blog posts, and URLs into a video in just a few clicks of a button.

With Pictory, you can add AI-powered Voiceovers, text overlays, background music, captions, and stock images and videos in just minutes.

That’s how you can create a video with the help of AI and upload it to YouTube and other popular video-sharing platforms to start making money with AI.

NOTE: Remember it’s no longer about creating content, it’s about how to get people to consume your content in order to get them to take the desired action.

If you want to learn everything in detail, you can check out this post here…

=> ChatGPT + This AI Tool = $$$ On YouTube

4. Create email swipes to feed your email list

Previously, I talked about building an email list by generating free resources like checklists, ebooks, etc… by using AI tools.

Next, you need a series of emails to feed your subscribers. With this, you can build trust that is going to help you develop a long-lasting relationship with your list.

You can use AI tools like ChatGPT, Jasper, or Writesonic to generate a high-converting series of emails that will be sent to your subscribers on a daily basis.

To get started…

#1. First, you have to decide on a niche to create a free lead magnet (freebie, ebooks, checklist, etc)

#2. Create a simple squeeze page using Systeme.io or Getresponse. A squeeze page is a type of landing page designed specifically for capturing a visitor’s email address or other contact information. The main goal of a squeeze page is to encourage visitors to sign up for a mailing list, download an eBook or resource, or register for a webinar or event.

#3. Next, you need to drive traffic to this page

#4. Once you start driving traffic, you’ll get interested people into your email list. Every time a new subscriber signs up, it triggers your workflow which allows autoresponder to send automated emails to your subscribers based on the rules you have defined.

#5. Next, set up a comprehensive workflow (a series of emails) to nurture your email list. For this, you can use AI tools like WriteSonic to generate 20-30 emails in advance and create an autoresponder to set rules and trigger conditions for scheduling emails 20-30 days ahead.

This is how you can build a list and nurture your leads with the help of AI and ultimately going to monetize this list.

That’s it!

5. Create APIs or Apps like Chatbots, calculators, etc.

One of the most popular ways people are using to make money with AI is by creating APIs, Small apps, and Chatbots to help business strengthen their relationships with customers.

Although it seems pretty overwhelming to create your own APIs, Chatbots, or Apps, AI tools like ChatGPT can significantly help you build these things without even having a coding background.

You just need to learn the basic idea of development, head to ChatGPT, and do some prompt engineering.

This is how you can develop APIs and sell them on Rapid API. You can create your advanced GPT-powered Chatbot and sell it on Codecanyon.

You can even create some interesting AI tools and calculators and launch your own tool repository and host it online.

If you have used HTML, CSS, and Javascript to build calculators, you can create a website using Bluehost and make your repository available to anyone in the world.

This is how you can create so much money with AI.

=> This AI Tool is Better Than ChatGPT

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6. Master The Art of Prompting

Since the Inception of ChatGPT, Prompt engineering has become one of the most popular careers in 2023.

You can either learn how to do prompt engineering by itself or take some training courses from Udemy or other learning platforms like Skillshare to master the art of promoting.

Next, you need to figure out how you want to leverage the power of prompting to make money.

There are actually three ways you can make money with prompt engineering….

The first one is – Launch your own ChatGPT prompt marketing course on Udemy and start selling it for $10 or $20.

Another way you can make money with prompt engineering is by using it for yourself and creating high-quality content of all types in any niche and helping businesses with content production.

Similarly, you can apply for jobs as a prompt engineer to craft the best prompt to help AI produce the best of the best results for companies/brands/individuals.

It is literally going to help you make money with AI. You just need to learn prompt engineering and you are well on your way to start getting paid.

7. Sell your AI services on Fiverr Or Other Freelance Platforms

The AI market is expected to experience significant growth, with projections indicating an increase from $387.45 billion in 2022 to a staggering $1,394.30 billion by 2029. This impressive expansion corresponds to a compound annual growth rate (CAGR) of 20.1% throughout the forecast period.

This increasing demand for AI services presents a significant opportunity for freelancers to make money with AI on Fiverr or other freelancing platforms like Upwork and freelancer.com.

Diverse AI Services:

There are several AI services you can offer on Fiverr, such as:

• Natural language processing
• Machine learning algorithms
• AI-powered data analysis
• Midjourney Artists
• DALL-E Artists
• Stable Diffusion Artists
• AI Applications
• ChatGPT Applications
• AI Web Applications
• AI Chatbots
• AI Music Videos
• AI Content Editing
• Fact-Checking
• Recommendation systems
• AI-driven content generation

Offering diverse services allows you to tap into different markets and increases your chances of making money with AI on Fiverr or other freelancing platforms.

However, AI services are considered specialized skills, and therefore, freelancers can charge a premium for their expertise. On Fiverr, AI gigs can range from $10 to $200, depending on the complexity of the project. With high demand and diverse services, you can potentially make a substantial income by selling AI services on Fiverr.

One of the benefits of working on a freelancing platform is the flexibility in setting your work hours. As a freelancer, you have the freedom to work at your own pace and manage your schedule. This flexibility allows you to optimize your time and maximize your earnings.

Fiverr offers a platform for freelancers to showcase their AI skills, build their online presence, and attract more clients. By delivering quality work and maintaining a high rating, you can increase your credibility and potentially make more money with AI.

Selling AI services on Fiverr can be a lucrative way to make money with AI. With the increasing demand for AI expertise, diverse services, and high earning potential, you can maximize your income and make a successful career in AI on Fiverr.

8. Ad copywriting

Ad copywriting is an essential part of any successful marketing campaign, and AI can help you create more effective and engaging content.

In today’s digital age, ad copywriting has become crucial for businesses. According to Statista, global digital advertising expenditure is expected to reach $646 billion by 2024. With so much money being spent on digital ads, it’s important to have high-quality ad copy that can effectively capture the attention of potential customers.

AI is revolutionizing the field of copywriting by automating and enhancing the creative process. Gartner predicts that by 2025, 70% of all new ad copy will be generated using AI. This is great news for aspiring ad copywriters because it means there’s a growing demand for AI-driven ad copy that can increase conversion rates and ROI.

You can use AI-powered copywriting tools like OpenAI’s GPT-4, Copy.ai, and Jasper to generate ad copy quickly, efficiently, and with minimal effort. These tools analyze vast amounts of data to produce highly engaging and relevant ad copy. They can also help you brainstorm ideas, refine your messaging, and optimize your ad copy for various platforms like Google Ads, Facebook, Instagram, and more.

One of the most significant benefits of using AI for ad copywriting is the potential for increased conversions. According to a study by Phrasee, AI-generated email subject lines outperformed human-written ones by an average of 26%. AI-powered ad copy can help businesses achieve higher click-through rates (CTRs), more leads, and ultimately, more sales.

And you can take advantage of AI to help businesses generate high-converting ad copies in minutes.

To make money with ad copywriting using AI, you’ll need to build a portfolio showcasing your work. Use AI-powered tools to create engaging, persuasive, and high-converting ad copy samples. As you gain experience and a reputation for producing great results, you’ll be able to attract more clients and command higher rates for your services.

Ad copywriting using AI has tremendous potential for making money. By leveraging AI-powered tools, you can create more engaging and effective ad copy, increase conversion rates, save time and money, and ultimately, build a successful career in the world of digital marketing.

9. Use ChatGPT to design websites.

Starting and setting up a blog from scratch can be a daunting task for many people but you as a skilled no-code developer can help businesses/individuals to create a blog from scratch.

All you need is an AI tool like 10web.io to get started. 10Web.io is a platform that offers a suite of tools and services for building, hosting, and managing WordPress websites. It is designed to help users create and maintain their sites with ease, without needing extensive technical knowledge. Some of the key features and services provided by 10Web.io include:

1. Managed WordPress hosting: 10Web.io offers high-performance hosting solutions specifically tailored for WordPress websites. They ensure fast loading times, automatic backups, and tight security measures to protect your site from potential threats.
2. Website builder: The platform includes an intuitive website builder based on the popular Elementor page builder plugin, which allows you to create responsive and visually appealing web pages with a simple drag-and-drop interface.
3. Templates and themes: 10Web.io provides access to a wide range of professionally designed templates and themes that can be easily customized to suit your specific needs.
4. Performance optimization: The platform includes features such as image optimization, lazy loading, and caching to improve the overall performance and speed of your WordPress site.
5. Security: 10Web.io takes security seriously, offering features like real-time scanning, automatic updates, and SSL certificates to help safeguard your site from potential threats.
6. Backup and restoration: The platform automatically creates daily backups of your site, allowing you to easily restore your site to a previous state if necessary.
7. SEO tools: 10Web.io includes built-in SEO tools to help improve your site’s search engine rankings and visibility.
8. Analytics: The platform provides integrated analytics to help you monitor and understand your website’s traffic, user behavior, and other essential metrics.
9. 24/7 support: The 10Web.io team offers round-the-clock customer support to help you resolve any issues you may encounter while using the platform.

Once you have 10web.io, you can use its AI builder to create a blog in minutes. Next, you need Copy.ai or ChatGPT to generate website copy, title, name, service page, and privacy policy page, and structure your website from complete scratch.

There are several ways you can make money using 10Web.io as a platform for building and managing WordPress websites. Here are some ideas:

1. Web design and development services: Use 10Web.io’s website builder and templates to create professional-looking websites for clients. Offer web design and development services to businesses or individuals who need help creating and managing their online presence.
2. Website maintenance and support: Many website owners lack the time or skills to maintain their sites. Offer ongoing maintenance and support services, such as updating content, fixing bugs, and ensuring smooth performance.
3. SEO and digital marketing services: Use the built-in SEO tools provided by 10Web.io to offer search engine optimization and digital marketing services to clients, helping them improve their website’s search engine ranking and online visibility.
4. E-commerce solutions: Help clients set up and manage online stores using WordPress and various e-commerce plugins. Provide assistance with product listing, payment gateway integration, and other e-commerce-related services.
5. Content creation: Offer content creation services for clients, such as blog writing, copywriting, and multimedia content production (e.g., videos, images, and infographics). High-quality content can help attract and retain website visitors and improve search engine rankings.
6. Reselling 10Web.io services: Partner with 10Web.io and become a reseller of their hosting and platform services. Earn a commission or markup by selling their services to your clients.

10. Code with ChatGPT Plus to create WordPress plugins or Chrome extensions.

If you have a little knack for coding, you can use ChatGPT to develop SIMPLE Chrome extensions or WordPress plugins that can help website owners and online creators in some way.

Here are a few examples you can use to build Chrome Extensions –

1. Random Acts of Kindness: Design an extension that suggests simple acts of kindness users can perform throughout their day, fostering a sense of community and empathy.
2. One-Click Language Practice: Create an extension that integrates quick language learning exercises into users’ browsing experience, allowing them to practice vocabulary, grammar, or listening skills in their target language.
3. Goal Tracker: Develop an extension that enables users to set, track, and visualize their personal goals, providing motivation and accountability.
4. Daily Affirmations: Design an extension that delivers a daily affirmation or motivational message to help users build self-confidence and maintain a positive mindset.
5. Quick Creativity Boost: Create an extension that offers users a random creative prompt, challenge, or exercise whenever they need a break or inspiration. This can help users stay engaged and stimulated throughout the day.

A few ideas you can use as inspiration to develop WordPress plugins

1. Content Ideas Generator: Develop a plugin that integrates ChatGPT to generate content ideas, blog post titles, or outlines based on user-provided keywords or topics. This can help users come up with fresh ideas for their websites and streamline the content creation process.
2. AI Proofreader: Design a plugin that uses ChatGPT to proofread and edit user-generated content, checking for spelling, grammar, and style issues. This can help users improve the quality of their writing and maintain a professional online presence.
3. Dynamic FAQ: Create a plugin that allows website visitors to ask questions and receive AI-generated answers using ChatGPT. The plugin can store frequently asked questions and answers, dynamically updating the website’s FAQ section to keep it relevant and informative.
4. Personalized Content Recommendations: Develop a plugin that leverages ChatGPT to analyze user behavior and preferences, providing personalized content recommendations on the website. This can help increase user engagement, time spent on site, and conversion rates.
5. Chatbot Support: Design a plugin that integrates ChatGPT as a customer support chatbot, providing quick and relevant answers to visitor questions. This can help reduce support response times and improve overall user satisfaction.
6. Auto-generated Meta Descriptions: Create a plugin that uses ChatGPT to generate unique and relevant meta descriptions for each page on the website, helping improve SEO and click-through rates from search engine results.
7. Social Media Caption Generator: Develop a plugin that allows users to generate engaging social media captions and hashtags for their blog posts using ChatGPT, making it easier to promote content across different platforms.

From above you can come up with some creative ideas and build awesome WordPress Plugins or Chrome extensions using ChatGPT.

However, you need to have a basic understanding of coding and development to turn your idea into reality. But ChatGPT can help you with the coding part.

Lastly, you can make money by incorporating premium services or features with the existing ones.

That’s it!

In this article, I’ve shared ten easy and unique ways for you to make money with AI. AI has the power to help individuals and businesses make smarter choices, save time, and find new chances for growth. You can apply AI in various fields, such as offering advice, producing engaging content, or enhancing your work processes. As AI keeps improving and evolving, it’s crucial for you to stay informed and keep learning. By starting to use AI now, you can boost your income and be prepared for the future.