What is Artificial Intelligence?
Artificial intelligence (AI) is a branch of computer science that focuses on developing systems and programs capable of performing tasks that would normally require human intelligence. These tasks may include learning from data, pattern recognition, linguistic understanding, decision-making, and interacting with the environment.
AI relies on algorithms and mathematical models that are used to analyze and learn from data over time. There are two main types of AI:
Narrow AI: This type specializes in performing certain tasks. For example, face recognition, machine translation, or playing chess.
General AI: This type goes beyond specific tasks and aims to achieve a level of intelligence that allows it to behave like a human in a wide range of tasks, but this type is still in development and does not yet exist in reality.
AI is used in many fields such as health, industry, entertainment, and education, and aims to improve efficiency and provide intelligent solutions to complex issues.
* By the way, the above definition was given to us by an AI program (it defined itself).
* There is a third type called superintelligence. Other sources offer four additional types: “interactive machines, limited memory, theory of mind, and self-awareness.”
* I don’t want to go into the details of defining the rest of the types because that’s not the topic of this article, let’s move on to the reason you are here.
How to Make Money from AI: the best methods and techniques.
1. Profit from creating and writing texts, articles and blog posts
Profit from creating and writing texts, articles and blog posts.
Blogging is one of the most popular ways to make money online. It boils down to you identifying a niche (e.g. technology) and then creating your own blog (website). Then you write blog posts (articles and topics) about your chosen niche.
After you publish a good number of posts and get a good amount of traffic (visitors), and after a few weeks of creating your website, you can sign up for the Google Adsense program.
After your blog is reviewed and accepted into Adsense, you will place the codes that are given to you inside your site’s code. Ads will start appearing on your content. You get paid for their appearance and visitor engagement. There are many other ways to monetize your blog.
If you focus on the previous paragraphs, you will find that the biggest work in this field is writing blog posts. You need to gather ideas, turn them into paragraphs, and finally get an article with hundreds or thousands of words.
This definitely takes time to do, but on the other hand, AI can save you time. You simply tell it what you want and it turns it into paragraphs. You assemble these paragraphs to get a complete article in a quicker time.
* Of course, you need to read the article, make sure the wording is correct, make sure the information is correct… before you publish it.
* I could have created this article using ChatGPT, but I chose to write it from my own knowledge and research, because it is impossible for these programs to be absolutely perfect, and you may be presented with paragraphs that have already been presented to other people. Or it could get you into trouble. So beware.
2. Creating and selling AI-generated images
You may have heard the phrase “making money selling images and designs” before, this method is based on creating designs (mainly Vector designs), using design creation programs, mainly Adobe Illustrator. Or you can create backgrounds in other programs.
You can also take pictures with your phone or a special camera.
To make money, you sign up for stock photo sites (platforms that sell photos and designs), then post the photos you took or the designs you created (or both) on these sites. You get paid whenever visitors to these sites download your resources (many people subscribe or buy photos from these sites and you get a portion of the profits based on the downloads your photos or designs get).
Nowadays, there are many programs, websites and AI image generators that you can use to get images. You just enter a description of what you want and it is converted into images.
You select good, flawless photos and post them on sites that allow you to sell photos generated by AI programs.
* As an advanced stage, you can get designs and convert them into vectors in Illustrator and others.
3. Creating and Selling AI Generated Patterns
Similar to the previous part, you can also use AI software to create Patterns and sell them on image and design selling sites, or through print-on-demand sites.
* By the way, selling photos, designs, patterns, and even videos and fonts is part of selling digital products.
4. Creating and editing videos using artificial intelligence
There are many ways to monetize online video content. One of the most popular is YouTube monetization, which enables you to monetize the videos you post on your channel and profit from the ads that appear to viewers while watching them, (with other profit methods).
In the same way that you can profit from selling stock photos and designs, most stock sites allow you to profit from videos for every download your videos get (the duration of these videos is only a few seconds).
However, you need to master photography, design, editing programs and more. This is where AI makes it easy for you.
It can support production and editing tools that will make your work easier and save you more time. Or even create entire clips that you can combine with an audio recording to create ready-to-use videos.
These programs can also help you create clips for your social media pages, or to produce content that helps you in a marketing or advertising campaign.
5. Creating Audio Content with Artificial Intelligence
To some extent, monetizing audio content may not be as well known to people as the methods mentioned in this article.
Audio content creation can be referred to as extracting information or creating new content from an existing audio source. This can be done through a variety of methods, including speech recognition, natural language processing, and machine learning. Speech recognition is a technique that converts spoken words into written text.
Some of the ways you can monetize include: Text-to-speech, where you can convert book content into audio (which will be useful for those who create and sell digital books), create podcasts, translate audio, create audio and combine it with videos (for example, to monetize YouTube)…
6. Creating and selling books and e-books
Writing and selling e-books is one of the ways to make money from the Internet, which helps authors, writers, and writing lovers make money from their favorite hobby.
Amazon KDP is the most popular e-book monetization program. All you have to do is write or create your book (in PDF format), design a cover, and post it on this program. Once accepted, your book is published directly on Amazon’s platform, and you get paid by the people who buy it (of course, since it’s an e-book, they’ll get it quickly).
While creating a book may seem a bit difficult and illogical for AI, it pretty much enables you to create and write stories, whether for children or even adults. (Assuming the story is only a few pages long). You will then need images to accompany the story content and then a suitable cover for the story (which the AI will easily do).
7. Analyze data, markets and prices
(For this paragraph, this is an answer given to us by chatgpt after being asked.)
AI can contribute significantly to analyzing data, markets, and prices through several advanced methods and techniques.
AI can contribute to big data analytics such as machine learning, deep learning, pattern and trend detection related to financial data and consumer behavior. It can also provide or predict future market trends and supply chains related to supply and demand.
And also help analyze news and public opinion, analyze risks and provide recommendations on safe or risky investments, and identify potential risks in investments or loans.
It has other roles to play in this regard (since these are sensitive and high-risk areas, you can’t just take the data provided by AI and rely solely on it without doing your own research).
8. Translating texts and articles
As we explained above, you can make money online by writing articles. Here, you can make money by translating articles, documents, or even books.
There are many sites, especially those that sell services, that allow you to offer a translation service to those who want it, depending on the language or languages you are fluent in.
As you might guess, it’s all about translating texts or sentences from one language to another, with the requirement of professionalism.
You need to be fluent in the languages you will be translating to and from and have a good grasp of grammar and syntax to avoid mistakes.
Since it’s a matter of converting from one language to another, it’s easy for AI programs, and all you need to do is review and proofread the translation provided to you.