How to Make Money With AI Starting from Scratch in 2023? (2024)

AI is growing rapidly.

The artificial intelligence market size was $428 billion in 2022 and is projected to grow from $515 billion in 2023 to USD 2,025 billion by 2030, according to Fortune Business Insights.

The opportunities are UNLIMITED when it comes to making money with AI.

If you’re interested in using AI tools to make money, you’ve come to the right place. In this FREE guide, you’ll learn;

  • How to use AI to get rich
  • Proven tips with real-life examples
  • A quick checklist on leveraging AI to make money and much more

Are you ready? Let’s get started!

How to Use AI to Make Money Online? EIGHT Ways for Beginners

1. Create and sell AI-generated content

Almost every single business (and website) needs “CONTENT.”

People are ready to spend thousands of dollars monthly if you can provide high-quality and engaging content for their businesses.

The best thing about AI is that you can quickly create many articles. You can monetize content by writing blog posts, generating marketing copy, or creating social media posts.

There are lots of AI-writing tools that can help you generate engaging copy. The best example is Jasper AI.

Jasper offers over 50 copywriting templates to create content for your websites, social media or email newsletters.

Have a look;

How to Make Money With AI Starting from Scratch in 2023? (1)

As you can see above, you can create almost any type of content including;

  • Ads
  • Blog posts
  • Improving existing content
  • YouTube video scripts
  • SEO-friendly titles and descriptions
  • And the list goes on

The best part? Jasper is affordable as its price starts only at $39 per month. You can check out our in-depth Jasper review to find its tutorial and benefits.

If you don’t want to pay for Jasper, you can try other free AI tools like Bard, ChatGPT, etc.

There are many ways to promote and sell your content writing services, including;

  • Your own website
  • On platforms like UpWork
  • Running targeted online ads (e.g., Google Ads or Facebook Ads)
  • Cold email outreach, etc

2. Create and sell a product

Build an AI product if you’re looking for a long-term monetization source. Make sure to identify some tasks that are difficult or time-consuming for most people to do. Then, you create profitable products related to AI that can do more efficiently and effectively. The best example is AI chatbots.

A quick search on Google shows a TON of products built with AI’s help.

Have a look;

How to Make Money With AI Starting from Scratch in 2023? (2)

As you can see above, many AI products are appearing for the search term “chatbots for website”. That’s just one topic. There are hundreds of more such topics where AI products are already created and sold.

So, if you’re looking for a SOLID way to make HUGE money with AI, create and sell AI products.

Here’s a 3-step quick formula for selling products with AI.

  1. Find a problem or need that AI can solve
  2. Build an AI solution
  3. Market and sell your product

Let’s talk briefly about these 3 steps with a real-life example. Let’s assume you want to build an AI product based on SEO.

Step 1: Problem or need

Many website owners struggle to rank their websites high in Google search results. It could be because of so many reasons, such as:

  • Lack of knowledge about SEO
  • Struggling to find relevant and low competitive keywords
  • Difficulty creating high-quality content that is optimized for search engines
  • Competition from other websites and the list goes on

Step 2: Creating an AI solution

You can build an AI SEO product that can help website owners to overcome these challenges by providing them with:

  • Personalized recommendations on how to improve their website’s SEO
  • Providing tools to find better keywords in their industry
  • Tools to help them create high-quality content that is optimized for search engines

Step 3: Marketing and sales

Once you create an AI product, it can be marketed and sold to website owners who want to improve their website’s ranking in Google. You can also sell it to businesses of all sizes.

You can use a wide range of channels to market and sell your AI product, such as:

  • Your own website
  • Online marketplaces like AppSumo and Product Hunt
  • Through social media or paid ads
  • SEO agencies that work with website owners

The opportunities are unlimited with AI.

No matter what kind of product you want to build with AI, there are a ton of ways to improve its usability. For example, if you’re building an SEO product, you could use AI to:

  • Generate personalized SEO best practices
  • Automate tasks such as keyword research, content creation and competitive analysis
  • Offer new SEO strategies and tactics

Here are a few product ideas you can create with AI;

  • AI chatbots (where you can build customer service chatbot that can answer customer questions instantly)
  • AI-powered healthcare tools
  • AI-powered educational tools
  • AI-powered marketing tools
  • AI-powered security tools
  • AI-powered gaming tools
  • AI-powered research tools

So, make sure to do your own research. Find competitors and build better products.

3. Make money through web design

Did you know that you can build a website with ChatGPT?

What are the most important elements of a website?

  • Web design elements
  • Content
  • Proper code

All the powerful AI tools, including ChatGPT, Bard AI, etc., can be used to generate code, design elements, and create content for a website.

And… there’s a HUGE demand for web designers, as many businesses want to build an online presence. Building a website is the FIRST step for most businesses.

So, if you can create amazing websites, you can generate hundreds of dollars for each product.

Here’s an example code generated by ChatGPT;

How to Make Money With AI Starting from Scratch in 2023? (3)

As you can see above, ChatGPT will generate the necessary code for you. This is just a basic example, of course. ChatGPT can generate more complex websites with multiple pages, images, and other features.

Here are some tips for using AI tools like ChatGPT to build a website:

  • Give clear commands: Here’s the thing about AI tools: you should be as specific as possible when giving instructions. The more detailed your instructions are, the better ChatGPT will be able to understand your needs and generate the desired output.
  • Use ChatGPT to generate code: The key here is NOT to generate the whole website code at once. Instead, generate code for individual components of your website first (such as footer, about page, contact page, navigation, etc). This will make it easier to review and edit the code, and it will also give you more flexibility in designing your website.
  • Test the code: Yes, ChatGPT can generate code, but nobody is sure whether it’s error-free. That’s why you need to review and test the code generated by ChatGPT carefully before using it so you can easily identify and fix any errors.

Remember, any AI tool including ChatGPT is NOT a complete website builder. You need to put some effort into generating and reviewing the code generated by these tools. But they can save you a lot of time regarding website creation.

4. Affiliate marketing

Are you looking for a passive income source to make money with AI? Then, you should try affiliate marketing.

Affiliate marketing is performance-based marketing where you generate commissions whenever someone purchases a product using your affiliate link.

The blog you’re reading generates over $18,000 monthly from affiliate marketing.

Here’s one of our blog’s affiliate earning reports;

How to Make Money With AI Starting from Scratch in 2023? (4)

As you can see, we generated over $450,000 from only one affiliate product called Semrush.

So if you’re considering to use AI to make money, start your affiliate marketing journey.

Here are a few ways you can use AI in affiliate marketing to increase your sales.

Find profitable products: You can use AI tools to analyze affiliate platforms like Amazon, eBay, ClickBank, etc to identify products that are in high demand and have high conversion rates.

Use AI for content creation: There are many free AI tools (including ChatGPT) you can use to create content around affiliate products you promote. You can create any type of content, such as;

  • Product reviews and descriptions
  • Video tutorials
  • Checklists and tutorials on using the products
  • Email newsletters around the products
  • Ad copies, social media posts, and so on

Use AI to automate your affiliate marketing tasks: AI can be a POWERFUL tool to automate tasks such as keyword research, content creation, social media marketing, and more. This can save A LOT of your time as AI tools work 24/7.

Remember ONE thing when using AI tools: they can save more time and money. However, it’s important to remember that AI tools are NOT a replacement for hard work and creativity.

Most AI tools rehash content, so hire someone who can edit, proofread, fact-check and make necessary changes to the content generated by such tools.

5. Freelancing in AI

You can offer your freelancer services to businesses needing help with AI projects.

If you’re wondering, many businesses need help with so many things, such as;

  • Language Translation
  • Content creation
  • ChatGPT consultant
  • Data analysis
  • Neural networks
  • Robotics and many more

All these things can be done if you’re good at using AI tools.

So, find ONE high-demanding skill. Learn how to leverage that skill using AI and make money.

For example, you want to offer freelance services in a high-income skill like “SEO”.

You can offer services like AI-driven content optimization, keyword analysis, website audits and automated reporting.

The key here is to educate your clients on the benefits of AI in SEO (or any specific service you offer).

6. Start and monetize a blog

The blog you’re currently reading generates over $18,000 every single month. You can read our blogging journey to find more details.

Hands down, blogging is the best way to use AI to make money.

The earning potential is HUGE with blogging, as there are a ton of full-time bloggers who earn upwards $100,000 every single year.

There are many things involved in blogging, such as;

  • Creating blog posts
  • Coming up with great topic ideas
  • SEO
  • Email marketing
  • Social media, and more

Most of those things can be easily done with the help of AI tools.

You can NOT completely automate the process with AI but you can certainly save a ton of time on most blogging tasks.

And… starting a blog is NOT expensive.

If you’re curious, here’s a quick tutorial on starting a WordPress blog on Hostinger.

Quick note: Millions of websites use Hostinger, as it offers powerful hosting features at affordable prices.

To get started with their WordPress hosting, click on this special link.

Their plans start at just $2.99 per month.

Once you’re on their website, click the “Add to Cart” button to continue to the payment page.

How to Make Money With AI Starting from Scratch in 2023? (5)

Here are 3 pricing options offered in WordPress hosting from Hostinger;

  1. Premium plan costs just $2.99 per month, and you can install up to 100 Websites With 100 GB SSD Storage and free Weekly Backups along with a free domain.
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With this discount, you can get 4 years of hosting for only $152!

Have a look;

How to Make Money With AI Starting from Scratch in 2023? (6)

So there you go! If you need detailed instructions, you can read our free guide on how to install WordPress on Hostinger.

7. Teach others about AI

If you are REALLY good at AI, you can teach others about it.

Millions of people are looking to improve their knowledge and skills in AI.

Why? Because artificial intelligence is a billion-dollar industry.

According to Statista, the global artificial intelligence market is expected to reach $1847 billion by 2030.

How to Make Money With AI Starting from Scratch in 2023? (7)

That’s a HUGE growth!

AI is a great option if you’re looking for a booming industry to make money online by teaching.

So, how do you teach others about AI?

Here are some of the top ways to make money through teaching AI.

Online Courses: You can create and sell online courses on platforms like Udemy, Coursera, or Teachable. These platforms are easy to use and offer plenty of tools to create and sell online courses.

Seminars or webinars: You can create workshops, webinars, or seminars on AI topics for individuals who are looking to learn about AI applications and technologies.

Writing: You can consider writing books, ebooks, or articles about AI. Then, you can earn money through book sales on platforms like Amazon or freelance writing opportunities.

YouTube: If you want to build your online presence by teaching AI online, create a YouTube channel. You can start an educational YouTube channel focused on AI topics. You can monetize these platforms through ad revenue, sponsorships, and donations from your audience.

Tutoring: You can offer one-on-one mentoring sessions to people who want to learn from your expertise.

8. Sell AI-generated art

You can create many appealing images, art and illustrations using AI tools.

Some of the best AI tools to create AI art are;

  • DALL-E 2 and DALL-E 3 (text-to-image models developed by OpenAI)
  • Midjourney
  • Jasper Art

These AI tools are getting EXTREMELY powerful in generating creative art.

Here’s an example of AI art generated by DALL-E 3;

How to Make Money With AI Starting from Scratch in 2023? (8)

As you can see, the art is incredible. The key here is to use descriptive prompts and the tools will instantly generate images for you.

Can you sell AI art?

Yes, of course, you can. AI-generated art can be sold on the open market, just like any other type of artwork.

In fact, there is a HUGE market for AI art, as many art collectors are interested in this new art form.

There are a ton of online marketplaces where you can sell AI art, such as ArtStation, DeviantArt, and OpenSea. You can also use platforms like Etsy, Redbubble, Society6, etc to sell your art online.

These marketplaces allow you to create a profile and upload your artwork for sale.

You make money whenever someone purchases your artwork directly.

A Quick Checklist On How to Leverage AI to Make Money

Here’s a quick checklist for making money with AI:

  • Get your hands on tools: You should get access to all the trending and popular AI tools like ChatGPT, Bard AI, etc. There are many different AI tools and resources available, both free and paid. Experiment with different AI tools to find the ones that work best for you and your needs.
  • Stay up-to-date: The AI industry is growing RAPIDLY, so it’s important to stay up-to-date on the latest trends. Watch videos and read the latest blogs and books on AI, which will help you find new opportunities to make money with AI.
  • Build a network: No matter what skill you learn, networking is the key to success. So, connect with other AI experts to find potential clients. You can join Facebook groups, LinkedIn groups, attend AI conferences, join online forums, etc.
  • Be creative: Don’t be afraid to think outside the box and come up with new ideas. The sky’s the limit to your earnings if you’re creative.
  • Pick one skill: Yes, you can do a lot of things with AI. But don’t waste time learning too many things at once. Pick one skill such as content writing, web design, SEO, etc and use AI tools to master that skill.

FAQs on AI tools to make money

Here are some questions people often ask about AI tools to make money.

What are the best ways to make money from AI?

Some of the best ways to make money from AI are;
– Resume Creation
– Writing Reviews for Products
– Content Creation
– Web Design

What are the best AI tools for freelancers?

You can use the following AI tools as a freelancer;
– Jasper AI (for content generation)
– ChatGPT (for creating live chatbots)
– Google Bard (for web design and coding purposes)

How to earn money using ChatGPT?

ChatGPT can be used to make money in many ways, including content creation, language translation, customer support, etc.

Does AI save money?

Yes. Whether you’re running a business or website, you can save a lot of money with AI tools. They can help you save time and money in multiple ways such as customer support, content creation, web design, and more.

How can I learn AI at home?

You can learn artificial intelligence by taking an online course or enrolling in data science training courses from platforms like Coursera or Udemy.

Related Posts:

Final thoughts on how to leverage AI to make money

There are a gazillion ways to make money with AI. It all depends on how YOU are going to use it.

Try to learn how to use the AI tools like a pro. Take online courses, try the tools by yourself, or watch videos to master AI skills.

So, what are your thoughts on using AI to make money? Have any questions? Let us know in the comments.

Keep reading the article at BloggersPassion: Learn Blogging & SEO from Anil Agarwal. The article was originally written by Anil Agarwal on 2023-10-16 03:46:35.

The article was hand-picked and curated for you by the Editorial Team of WP Archives.

How to Make Money With AI Starting from Scratch in 2023? (2024)

FAQs

How to use AI to earn money? ›

Table Of Contents
  1. 1.1 1. Offer Writing Services with AI Writing Tools.
  2. 1.2 2. Develop Apps with AI Coding Tools.
  3. 1.3 3. Manage Paid Advertising with AI.
  4. 1.4 4. Earn as a CRM & Sales Consultant.
  5. 1.5 5. Freelance as a Photo Editor.
  6. 1.6 6. Consult as a Data Scientist.
  7. 1.7 7. Provide AI Chatbots for Businesses.
  8. 1.8 8.
Mar 20, 2024

How to make money with chat GPT in 2023 for beginners online? ›

How to Make Money With ChatGPT
  1. Get Business Ideas from ChatGPT.
  2. Freelancing.
  3. Blogging.
  4. Email Marketing.
  5. Create videos using ChatGPT.
  6. Write E-books and Self Publish.
  7. Affiliate Marketing.
  8. Product Descriptions.

How to use open AI to earn money? ›

To make money using OpenAI's GPT Store, you can explore opportunities such as creating and selling applications, services, or content that leverage the capabilities of GPT models. OpenAI may provide a platform for developers to monetize their contributions.

How much money can you make in AI? ›

As of Apr 14, 2024, the average annual pay for an Artificial Intelligence Engineer in the United States is $106,386 a year. Just in case you need a simple salary calculator, that works out to be approximately $51.15 an hour. This is the equivalent of $2,045/week or $8,865/month.

Can AI bots make you money? ›

Opportunities for Making Money with AI Bots:

Here are some avenues for making money with AI bots: - Developing and Selling AI Bot Services: Entrepreneurs can create and sell customized AI bot solutions to businesses looking to automate tasks or enhance customer interactions.

What side hustles pay weekly? ›

Overview: Side hustles that pay weekly
Side HustleEarning PotentialPayment Frequency
Online Tutoring$500-$1000Weekly
Food Delivery or Rideshare Driver$500-$850Weekly
Side Gigs$500-$850Weekly
Babysitting or House Sitting$350-$500Every two days or more frequent
3 more rows
Mar 22, 2024

How can I make $100 a day passive income? ›

Some popular passive income strategies include investing in dividend-paying stocks, creating an online course, or writing an eBook. These methods require an initial investment of time and effort but can generate a daily return of $100 or more if executed correctly.

What is the simplest way to make passive income? ›

25 passive income ideas for building wealth
  1. Create a course. One popular strategy for passive income is creating an audio or video course, then kicking back while cash rolls in from the sale of your product. ...
  2. Write an e-book. ...
  3. Flip retail products. ...
  4. Sell photography online. ...
  5. Dividend stocks. ...
  6. Rent out a parking space.
Mar 27, 2024

Can you really make money with ChatGPT? ›

From translating texts into various languages to number crunching and writing blogs to code writing, ChatGPT is your go-to tool for doing tasks in the blink of an eye. Whether you are looking for a passive income or a side hustle in your free time, ChatGPT will help you earn dollars with minimal effort.

How to use chat gtp to make money? ›

The best way to earn money with ChatGPT is by creating content. It can help you write articles for a blog that you can monetize with advertisem*nts or marketing copies to lure customers to your website. You can use it to create engaging social media posts to attract an audience.

Is OpenAI completely free? ›

Is the OpenAI API free? You can create an OpenAI API key for free. OpenAI API and get a feel of the technology without incurring any cost. During the free tier, you can make unlimited API requests and access a smaller selection of OpenAI API models.

Is OpenAI for free? ›

There is no “free account” for API. The use of the service costs money by the amount of data used. There is only possibility of a free trial credit, which expires three months after you first created your OpenAI account. Now you'll need to purchase a credit balance in order to make calls.

Do you get paid if people use your GPT? ›

As a first step, US builders will be paid based on user engagement with their GPTs. We'll provide details on the criteria for payments as we get closer. To be listed in the GPT Store the custom GPT must be functional in some way for non-paying users—either through limited features or for a limited time.

Can you make an AI to invest for you? ›

Can I use AI for stock trading? There isn't an AI that will fully automate stock trading for retail investors, but there are tools like Magnifi, an AI chatbot, that can help you invest better.

How to use ChatGPT to make money in stock market? ›

Here are a few ways to earn money through ChatGPT in stocks:
  1. Learn About the Financial Terms by Prompting ChatGPT. ...
  2. Research About the Stock you are Planning to Invest. ...
  3. Analyze Thoroughly Various Investment Options. ...
  4. Perform Portfolio Analysis. ...
  5. Ask ChatGPT to Find the Best Stocks for You.
Feb 13, 2024

How to use GPT? ›

Here's the short version of how to use ChatGPT:
  1. Go to chat.openai.com or the mobile app, and log in or sign up (it's free).
  2. Type your prompt in the message box on the ChatGPT home page.
  3. Once ChatGPT spits out a response, you have a handful of options: Edit your original prompt. Enter a new prompt.
Feb 21, 2024

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