You know, the other day I was chatting with a friend about how AI is changing the way we do just about everything, from work to play. It got me thinking about all the incredible ways people are monetizing AI , and guess what? That’s exactly what we’re diving into in this week’s newsletter!
First up, we’ve got the latest trends on how people are using AI this year. Are they trusting businesses that use it? We’ve got the stats to tell you all about it.
Then, we’ll explore 7 exciting side hustles that you can start right now with the help of AI. Whether it’s creating niche websites, copywriting, or even building a YouTube channel without showing your face, there’s something here for everyone.
And of course, we can’t forget our Tool of the Week. This time, we’re shining the spotlight on ChatGPT. If you haven’t tried it out yet, now’s the perfect time to dive in and see what all the fuss is about!
So grab your coffee, get comfy, and let’s jump into the world of AI together.
This week’s newsletter brings you:
- Trends – How are people using AI in 2024? Do consumers trust businesses that use AI? We bring you all the latest data.
- Strategies – This week we explore 7 side hustles you can start right now leveraging the power of AI!
- Tool of the Week – This week’s tool of the week is the one and only ChatGPT! If you haven’t played around with it yet, this is your cue to jump in and start experimenting!
Trends
Wondering just what people actually use tools like ChatGPT for? Let’s take a look at the stats…
AI’s top uses
The most popular AI uses include responding to messages, answering financial questions, planning travel itineraries, and crafting social media posts, but this is just what everyday folk use it for. Keep reading to find out how to use it to make money!
Do you trust businesses that use AI?
The foundation for trustworthy AI
Despite concerns about AI usage, 65% of consumers still trust businesses that use AI technology, which is great news for us! This suggests that when businesses use AI responsibly and transparently, they can maintain consumer confidence and even harness AI’s potential to improve customer experiences.
Strategies
Alright with the numbers out of the way, let’s dive in to these 7 opportunities to make money using the power of AI.
1. Create a niche website quickly and efficiently
We’ve spoken about creating a niche website in the past, but with the help of AI it can be a fun and efficient process!
Let’s say you want to create a niche website on barbecuing. Normally, it would take years to build up enough content on your website to be able to start monetizing. But with AI, you can cut down that time considerably.
For starters, AI can be your trusty sidekick for market research. AI-powered tools can help you uncover keywords, trends, and even examine the competition in your chosen niche. It’s like having a secret weapon to plan your website’s content and strategy.
Now, here comes the really cool part: content generation. With AI-powered content generators like ChatGPT, you can churn out fantastic articles and blog posts in no time. This isn’t just about saving time; it’s about keeping your audience engaged with a steady stream of exciting content. Plus, AI can help you fine-tune your content for search engines, making sure your website gets the attention it deserves.
Your website’s success also depends on creating an awesome user experience. AI can play a big role here. Think chatbots for instant customer support, personalized recommendations based on what your visitors love, and analytics tools to help you see what’s working and what needs a little tweak. It’s like giving your website a friendly, helpful personality.
It’s important to remember that while AI can do a lot of the heavy lifting, remember that your unique touch – your personality and creativity – is what makes your niche website special. So, go ahead, mix AI’s superpowers with your awesome ideas, and create an amazing online space for your audience!
2. Copywriting side hustle
Want to get paid well for your writing and have AI do all the hard work? Start a copywriting side hustle!
AI can kickstart your copywriting process by generating creative content ideas and assisting with research. AI tools can analyze current trends, keywords, and audience interests to suggest compelling topics for your writing. Additionally, these tools can swiftly gather relevant information and statistics, streamlining your research phase.
Leverage AI-powered content generators like GPT-3 to initiate drafts or outlines for your articles, blogs, or marketing copy. While AI can help with the initial draft, your unique style, tone, and perspective are crucial for giving your content a personal touch. AI serves as a valuable co-writer, enhancing your productivity.
AI is a boon for ensuring your content is search engine-friendly and error-free. AI tools can provide SEO suggestions, including keywords and meta descriptions, to enhance your content’s visibility on search engines. Furthermore, AI-driven grammar and spell-check tools can help you proofread and edit your work efficiently.
If you’re writing for websites or email campaigns, AI can help personalize content based on user behavior and preferences, increasing engagement. Additionally, AI can assist in analyzing content performance, allowing you to create data-driven reports that demonstrate the impact of your copywriting efforts to your clients.
By integrating AI into your copywriting side hustle, you can significantly streamline your workflow, produce high-quality content, and provide valuable services to your clients. Remember that while AI enhances efficiency, your creativity, and unique voice remain indispensable to creating engaging and authentic content.
3. Use AI to create coloring books
Did you know that you can use AI to create coloring books? Coloring books are all the rage on Amazon right now, and an easy way to start generating some extra cash.
Here’s how to use AI to fast-track the coloring book creation process:
- Theme and Source Images: Start by selecting a captivating theme or subject for your coloring book, such as animals, nature, or fantasy. Then, gather a collection of source images that relate to your chosen theme, which could include photos, illustrations, or other visual references.
- AI-Powered Conversion: Employ AI tools or software (like Leonardo.AI) to transform your source images into line drawings suitable for coloring. These tools can help simplify complex visuals, enhance outlines, and remove background details, ensuring that your coloring book pages are user-friendly.
- Distribution and Monetization: Decide how you want to distribute your coloring book—whether as a downloadable digital product, a mobile app, or a physical book. Consider monetization options, such as selling the coloring book, offering in-app purchases, or generating revenue through subscriptions. Additionally, use AI-driven marketing strategies to target the right audience effectively and promote your coloring book.
By leveraging AI in the creation of coloring books, you can offer a dynamic and personalized coloring experience to users while streamlining the design process. Whether your coloring book is intended for digital or print distribution, AI can be a valuable tool for enhancing its quality and appeal.
Check out this video for a step by step process:
4. Build a faceless YouTube channel
Thinking about starting a YouTube channel? YouTube is a great way to build a nice side income, but it can be very time-consuming if you’re the “face” of the channel.
Enter: AI!
You can leverage AI throughout the content creation process. Use AI-powered text generation tools to assist in scriptwriting, ensuring your videos are informative and engaging.
For voiceovers, employ AI text-to-speech (TTS) technology to create natural-sounding narrations without revealing your own voice or identity. Additionally, AI can help design visuals and assist in video editing, making your content visually appealing.
You can have YouTube videos ready to upload in just a few clicks!
You can also use AI analytics tools to track your channel’s performance, gaining insights into viewer demographics and engagement metrics for content refinement.
Building a successful YouTube channel, especially a faceless one, requires patience and persistence. Be consistent with your uploads, adapt your content based on audience feedback and performance data, and prioritize online safety and privacy.
By combining AI-driven content creation with strategic planning and audience engagement, you can create a thriving faceless YouTube channel that offers valuable content while protecting your personal identity. Remember that success on YouTube often takes time, so stay dedicated to your content and your audience’s needs.
Check out this video for a more in-depth look at this AI side hustle:
5. Social media services
Is providing services more your thing? With the explosion of AI tools, becoming a social media manager has never been easier. Here’s an overview of how you can use AI to kickstart a side hustle as a social media manager:
- AI Tool Selection: Begin your journey by choosing the right AI-powered social media management tools that align with your goals. These tools can help streamline your tasks, enhance efficiency, and improve performance. Look into popular platforms like Hootsuite, Buffer, or Sprout Social, which offer features like post-scheduling and analytics.
- Content Creation and Optimization: Embrace AI for content creation and curation. AI-driven tools can generate engaging posts, graphics, and headlines, helping you craft compelling content. They can also suggest relevant hashtags and even create short video clips. Additionally, use AI for audience analysis, gaining insights into demographics, interests, and behaviors to tailor your content strategy effectively.
- Automation and Insights: Implement automation through AI chatbots that handle routine customer inquiries, schedule posts, and send personalized messages. Utilize AI-driven analytics tools to measure campaign performance, tracking metrics like engagement and conversion rates. Moreover, leverage predictive analysis to forecast trends and make data-driven decisions, enhancing your content strategy’s effectiveness.
- Stay Informed and Innovate: Keep abreast of AI advancements and social media algorithms to adapt your strategy accordingly. By combining your expertise with AI-driven tools, you can become a more efficient and data-savvy social media manager, delivering better results to your clients or enhancing your own social media presence.
Incorporating AI into your social media management side hustle can be a game-changer, providing you with the tools and insights needed to stay ahead in the ever-evolving world of social media marketing.
6. Podcast show notes
Side hustlers who specialize in creating show notes for podcasts typically charge a fee ranging from $25 to $100 per episode. However, did you know AI can streamline and expedite the process?
Melville is an AI-powered solution designed to enhance the efficiency of podcast show notes production. With Melville, you can simply supply an audio file, and it will swiftly generate several valuable components for the podcast episode, including:
- Transcription: Melville employs advanced speech recognition technology to convert the spoken content from the podcast into text. This transcription serves as the foundation for your show notes.
- Episode Summary: Alongside the transcription, Melville can automatically generate a concise and coherent episode summary. This summary encapsulates the key points and highlights of your podcast, giving your audience a quick overview of what to expect.
- Timestamped Bullet Points: Another feature of Melville is the generation of timestamped bullet points. These bullet points highlight the most crucial topics and moments within the episode. This not only helps you organize the content but also assists your audience in navigating the podcast effectively.
While Melville streamlines the show notes creation process significantly, it’s important to note that human touch may still be necessary. You’ll likely want to review and refine the generated show notes to ensure they align with your client’s style and preferences.
Nonetheless, Melville serves as an invaluable tool by providing you with a strong initial foundation, saving you time and effort in the process of creating engaging and informative show notes for your podcast.
7. Sell AI prompts
AI tools like ChatGPT and Midjourney can do different things based on what you tell them to do. For example, if you ask Midjourney to show you a picture of a wolf in the forest, you might see different pictures of wolves in different forests.
But if you ask it for a wolf in the forest that has specific colors, like blue, green, and red, it’s more likely to give you a picture that matches what you want. People are willing to pay money for this kind of specific request because it gives them better results.
There are websites like PromptBase where you can buy and sell these prompts for AI. These places connect people who want AI-generated content with people who can create the right prompts to get that content. It’s like a marketplace where people can get exactly what they want from AI.
Tool of the Week
ChatGPT is a fantastic tool that can save you loads of time and help you kickstart your AI-powered side hustle! In fact, we’ve written extensively about ChatGPT specifically in this newsletter. Why not check it out and give it a go!
