How to Make a Fortune with AI in 2024?
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Since the advent of ChatGPT-3.5, has your life undergone any changes?
In this era of information explosion, artificial intelligence is not only the future of technology but also the key to creating wealth. This article will reveal a simple yet powerful method—by deeply learning AI knowledge and skillfully transforming it into profitable opportunities. Follow this fascinating path to explore the secrets of the AI world and unlock the door to your own wealth.
Making money with AI is both simple and effective. This article will show you how to establish true collaboration with artificial intelligence through proper methods. Before that, I need to state a fact: the field of artificial intelligence is a jungle filled with countless money-making opportunities, but the best way to make big money with AI is to talk about AI itself.
The AI field has historically experienced multiple cycles of boom and bust. After each significant wave of hype or rapid development, it often enters a phase of relative stagnation in research and development or substantial cuts in funding due to unresolved technical challenges, disappointment from overhyped expectations, and changes in investment climate. This phase is vividly referred to as the "AI winter" by academia and industry. But this time, the AI boom shows no signs of abating. The launch of ChatGPT took the internet by storm, and even now in 2024, many are still discussing it.
Google Trends, keyword: AI
History tells us that during past gold rushes, the real fortunes weren't made by those actively panning for gold, but by those selling mining tools and equipment. This principle still applies to today's AI "gold rush" - experts teaching AI knowledge are reaping substantial rewards from this wave. Next, I plan to outline some guidelines to make engaging in artificial intelligence side hustles both practical and profitable.
Monetizing Knowledge
This phase is divided into two steps. Step 1: Learn as much as possible about artificial intelligence
You don't need to travel abroad to find knowledge about artificial intelligence, nor do you need to spend money. It's everywhere, from YouTube and Medium on the international web to major social media platforms on the domestic web. On Bilibili alone, people have uploaded various video courses by Andrew Ng, and we can even find "crash course" guides for Prompt Engineers on Xiaohongshu.
By following popular AI influencers or subscribing to industry newsletters, you can increase your foundational knowledge of artificial intelligence tenfold in real-time. Some excellent artificial intelligence knowledge bases also include:
- Ai Advantage on YouTube
- Adrian Twarog on YouTube
Youtube bloggers
Step 2: Monetize the AI knowledge you've learned Many people might think: I don't have a fan base, how can I compete with those influencers? With my half-baked knowledge, can I really go head-to-head with those experts...
But in reality, you don't even need to build a social media following to monetize your knowledge.
The answer is to create and publish ebooks about artificial intelligence topics through Amazon KDP. This isn't about making quick money by selling AI-generated children's coloring books or interactive reads. On the contrary, what I'm emphasizing are ebooks with substantial content. When people urgently need to acquire new knowledge quickly, books are often one of their preferred channels for knowledge acquisition. Amazon KDP is the largest e-book marketplace globally. The Amazon website attracts approximately 2.5 billion visits per month. As the AI wave transitions from tech circles to the general public, thousands of people will begin searching online for books on how to leverage artificial intelligence.
Amazon Traffic Trends There are already several books on related topics. For example, during my first search, I found a book titled ChatGPT for Authors. When it was released in 2023, it had 32 reviews and was priced at $12.99. Now, it has over 100 reviews, mostly positive.
This ChatGPT for Authors targets writers, teaching readers how to use artificial intelligence to write a book in a day. We can adapt the target audience to create similar books for real estate owners, small business owners, content creators (UP主), or artists. A quick search on Amazon reveals that ChatGPT-themed books are quite popular on the platform, indicating that this idea is highly profitable.
This leads to the next question: How can we write such books?
In fact, if you possess knowledge of artificial intelligence, you don't need to do everything yourself. Tools like ChatGPT can handle the entire task for you.
However, there's a caveat. Artificial intelligence is not a magic wand that can grant wishes with just three waves. The quality of content you receive from ChatGPT heavily depends on the quality of the prompts you input. Therefore, take some time to learn the principles of Prompt Engineering and ensure you've mastered this skill before considering using artificial intelligence to write an entire book.
You can also sell courses!
Many people reading this might start thinking: Everyone is selling courses, is it too late for me to enter the market? Can the knowledge I've learned online really be sold? I have social anxiety and don't dare to speak in front of a camera... Interestingly, a significant number of people are unaware of the money-making potential that comes with selling courses on platforms.
Online courses don't necessarily need to impart highly specialized knowledge; they can also provide valuable content to potential customers. Our challenge lies in finding this audience. You could certainly build your own audience from scratch or use advertising to attract users, but the simplest method is to start by joining an existing platform.
These marketplace platforms have already done all the groundwork for you. They've gathered an active pool of potential buyers who are actively seeking products similar to what you're offering. Therefore, if you want to earn your first income online, I strongly recommend starting with platforms.
CSDN, Skillshare, Udemy... These platforms gather a large number of active learners who are seeking various online courses to acquire new knowledge and skills.
Selling courses online has distinct characteristics compared to traditional courses. First, the course prices are quite affordable, and nowadays, online communities are completely open to the idea of paid knowledge sharing. Therefore, compared to traditional course sales methods, selling courses on platforms is more beginner-friendly, as you don’t even need to handle marketing yourself. At this moment, you might be thinking: I don't have professional filming equipment; I don't own high-definition microphones; I'm not qualified to teach others how to use AI...
Even so, as long as your knowledge is practical and valuable, you can successfully create and sell courses without luxurious teaching equipment or top-tier professional background, allowing more people to benefit from your knowledge sharing.
Here are answers to the doubts you might have: You don't need a high-end filming setup. With today's advanced smartphone technology, a simple webcam or mobile screen recording app is more than enough.
Nowadays, even budget wireless headphones under $20 deliver excellent sound quality, perfectly capable of helping you produce high-quality audio content.
Online teaching doesn't require you to be an absolute expert. You just need to be one step ahead of your students in the subject you're teaching - that's good enough.
Registering on various platforms is completely free and doesn't require any special approval process.
In 2024, numerous course creators have already achieved stable income by selling their knowledge - you can absolutely do this too. So cast aside excessive worries, and once you've mastered AI-related knowledge, start sharing it with the world!