Self-Made Millionaire Discusses How You Can Use AI to Make Money

You’re losing out on the technology’s multimillion-dollar payoff potential if you’ve only been utilizing artificial intelligence applications like ChatGPT to finish schoolwork and edit films and images.
Matt Higgins, a self-made billionaire and the CEO of RSE Ventures, advises you to use them since they might become your next source of income.
Higgins tells CNBC Make It that AI will be the most incredible wealth generator in history since it doesn’t care where you were born, how much money you have, or if you have a PhD.
Gonzales predicts that by 2030, the artificial intelligence sector will have grown to be worth about $100 billion and contribute $15.7 trillion to the world economy. Its goal is to eliminate obstacles to people’s pursuit of economic liberty. Higgins stresses the chance to cash in on this expansion.
Here are some of Gonzales’ suggestions on using AI to make a bundle.
AI and Freelancing
With the help of AI, you’ll have an easier time monetizing your skills as a writer, graphic designer, or photo/video editor.
Let’s imagine you’re a freshman at a liberal arts college thinking about your future and whether or not to continue your education. Susan Gonzales, CEO of AIandYou, an organization that teaches AI skills to individuals from marginalized populations, says, “Now would be the time to increase your knowledge about AI.”
Today’s generative AI techniques are advanced enough to help you draft business strategies or generate digital artwork. Most importantly, you’ll need to fact-check and proofread every word and pixel an AI tool generates to make the language seem less robotic and more like you.
For making her digital goods like workbooks, e-books, and audiobooks, Kristen Walters, for example, already employs an AI tool called Jasper.
In a recent article on Medium, Walters, a former attorney turned entrepreneur and publisher, explained her method: “Let’s pretend that I have a concept for a digital ‘workbook’ to assist self-employed individuals in managing their money better. Using Jasper’s ‘talk’ function, I planned out my worksheet. For this assignment, I chose the question, “Write an outline for a workbook entitled ‘Money Management for Freelancers.'”
According to Walters, drawing out the plan only took Jasper 30 seconds. She then revised and perfected the blueprint, turning it into a workbook she published online using a Canva layout.
Freelancing may make you more than $100 an hour in some cases.
AI and Business Innovation
If a small company owner wants to boost sales, improve inventory management, better understand their customers, and stay ahead of the competition, Gonzales suggests looking at artificial intelligence (AI) solutions.
Marketing and advertising efforts may find new sources of revenue and improve upon those already in place with the aid of AI tools.
Omni Business Intelligence Solutions CEO and founder Jacqueline DeStefano-Tangorra claims to utilize ChatGPT to automate the filling out of paperwork associated with onboarding new clients.
She starts by uploading her existing templates to ChatGPT, then tells the program to replace the information about the previous customer with the new one and the agreed-upon terms.
“In ten minutes, I will have an agreement in their hands,” she boasted.
DeStefano-Tangorra also utilizes ChatGPT to draft agendas for client meetings, which she distributes in advance.
Experts warn against feeding sensitive data into an AI program since it will be stored, analyzed, and used to train the program. Beyond that, Gonzales encourages trying new things.
Amazingly, “how to improve my small business with AI tools” can be Googled right now, as she puts it. The data is accessible, as they say.
Artificial Intelligence and Educating
The role of an AI instructor, or someone who shows others how to maximize the potential of generative AI technologies, is currently in low demand. Gonzales promises it will be soon.
She explains that anyone interested in learning more about artificial intelligence (AI) may find a wealth of resources on the internet to assist them.
Courses in artificial intelligence (AI) are accessible at prestigious universities such as Harvard and the University of California, and they cover topics such as algorithms, data analytics, and other skills necessary to take advantage of the industry’s inevitable growth.