How to Make Money with AI in 2024 (15 Best Ways & Top Tools)

There has never been an opportunity like this to learn how to generate money by using AI. Freelancers and entrepreneurs, and even all those who want to find new streams of income, would find very effective tools through AI to get started. Replaces 2023 AI-powered innovation revolutionizes content creation, data analysis, and even customer service-an upward growth trend. As we look to how to make money with AI in 2024, the focus moves toward more innovative uses, for example, creating personalized apps, developing AI-powered plugins, or using platforms like Audible to create audiobooks from written content using AI narration.

There are countless opportunities how to make money online with AI. One can start freelancing using AI tools, provide consulting services to businesses, or automate mundane tasks to free up more time for higher-value work. One can also publish on Audible, which is a very promising area, as with AI voice technology, one can create professional-quality audiobooks and earn passive income. Remember, AI cannot overnight make you rich, but it can multiply your productivity and creativity and thereby build sustainable and scalable income streams. It’s now time to tap into AI’s potential and let it work for you.

15 METHODS OF MONEY GENERATION USING AI

The 15 How to Make Money with AI will open incredible doors for people ready to welcome technology and creativity into their lives. You’re exploring how to make money online with AI or planning with insight into how to make money with AI in 2023 and the ultimate key here is to use AI tools in building income-generating strategies. From developing digital products and consultation to automating e-commerce activities and even learning how to monetize on Audible with AI, the technique is a blend of new to practical. Irrespective of whether you start with a fully-fledged business or only a side hustle, using these AI-inspired concepts increases your efficiency and prepares you for this evolving world of digital change.

1. Offer Writing Services with AI Writing Tools

Explain how you can make money with Audible through AI, such as using an AI-driven website to come up with great ideas for your scripts and audio material for your audiobooks. Using those would shorten the time from beginning with a concept to creating your fiction audiobook or even self-help without such tiring, lengthy processes. Once your audiobook is produced, Audible’s platform offers a way to earn royalties through sales and rentals, making it an attractive opportunity for creators. On the other hand, learning how to make money online with AI opens numerous avenues, from automated content generation and chatbots to AI-driven marketing strategies. With the addition of AI to your business, you can automate recurring operations reach a wider market, and scale up in operations. Using AI technology in content creation or services provision for digital product sales allows for limitless opportunities to earn a living online.

2. Freelance Writing with AI

By 2024, there will be a wide variety of ways to generate income with AI, most especially through freelance writing. AI tools will be a huge boost in your productivity-from automated research, to even generating topic ideas and sometimes even drafting content sections for you. In the long run, though, this requires using AI as a helper, not a replacement for your writing. Combine the efficiency of AI with your creativity to create top-quality content for businesses, blogs, and digital marketers trying to take their presence online. The strategy will open the door for you into a growing pool of content needs while holding onto the personal contact that is expected of the clients. Whether you will use AI to make money online or freelance writing, using these tools gives you an edge in this ever-changing digital marketplace.

3. AI Copywriting Copywriting 

AI Copywriting Copywriting is one of those high-pressure writing niches—making it lucrative. However, even with the help of AI, not just anybody can do it. But it’s possible to learn the skills necessary and use AI to help where it can. With the growing demand for engaging newsletters and sales-oriented landing pages, freelancers who harness AI can provide clients with results that drive up revenue growth. Moreover, with AI help, mastering the art of cold emails can be an entrance to lucrative business deals. In light of business communication being customized, professional copywriters armed with AI know-how are the best-suited to serve such business requirements. Copywriting and content writing are also careers or side hustles worth exploring. How to Make money with AI writing online if you’re always improving, smart in the use of AI, and easy to work with. Here are some favorite tools to check out: Jasper, HoppyCopy, Writesonic, but there are so many others as well. Try writing on an interesting niche – helping people write and optimize their resume/cover letters – by using Resume.io. 

Build Applications using AI Coding Platforms

The SaaS product would begin by designing an idea, writing code for it, testing the same, and then finally releasing it into the market. Depending on the product, the above process might take a month or even years to get through the development cycle.

4. Use AI Coding Assistants

Use AI Coding Assistants AI code assistants like Copilot can dramatically speed up development tasks. It gives you real-time code suggestions, automates repetitive tasks, and even helps debug your code. We love how you can type a comment in your code and, line by line, as you tab through, CoPilot writes matching code. All this means you can develop your product faster and with fewer obvious errors. Build an MVP (minimum viable product) and start selling it quickly to people who need what you have built. Make sure the first product is as basic as possible so you use all the power of AI that you can. Complex projects make using AI challenging. Need some inspiration? Louis Pereira, an independent developer, created AudioPen-an AI app that hit the heights of mobile app success, from an AI audio note-making app!

5. Use No-Code App Building Tools

Two app-building platforms are there for building a low-code app, including Bubble and Directual. Using ChatGPT can be of help in answering questions and providing you with advice on technical situations. You would thus be learning valuable skills while creating something helpful to others. If the app does one thing well, then MRR or monthly recurring revenue could be made by growing your subscriber base for a low-cost tool they love. This is another lucrative opportunity as the market for niche SaaS products is on the rise. For developers, it would mean an even quicker introduction to the market because the AI would augment your productivity and deliver the product. Surprising what you can do with AI and tenacity in the right amount.

6. Freelance Coding

Maybe you don’t have the time or passion for creating your own AI application or startup, but do have a knack for coding; you can still put your skills and a little bit of AI into good use by providing freelance services. What we like about freelancing as a developer or coder is that you can pick which type of coding task to specialize in. One of the most powerful ways to increase your profits as a freelancer of any kind is to productize your skills. As a coding freelancer, you can choose the tech stack you want to work with and the type of applications you want to help build. So, you can opt for developing with React for frontend web applications of small businesses that need to collect customer reviews on their website. That’s one of millions of examples of how to niche down your offering. After you do about five jobs, you will start to get faster at creating those solutions. You might even package it as a plugin or extension, which could then be more easily implemented on sites for your clients.

7. Manage Paid Advertisement Through AI

Digital marketing can involve a variety of skill sets. It is more comprehensive in that it requires insight into multiple platforms, channels, and strategies and how everything ties together. AI marketing tools could automate many tasks in marketing. Perhaps a bit more important, however, they could help you create, analyze, optimize, and iterate your strategies based on predictive analytics.

8. Social Media Advertising with AI

Social media-based advertising is creating and servicing ad campaigns on social channels such as Facebook, Instagram, and Twitter, ensuring that the message is passed to the targeted audience. AI improves this by facilitating the automation and optimization of how ads are delivered. For instance, tools like Adzooma automatically analyze engagement to place ads, increasing one’s chances of reaching someone interested in their ad, while tools like Lately and Pencil assist advertisers in crafting effective ad messages using data from past advertisements. But let’s not forget that how to make money online with AI can aid in the decision-making process, while the final creative input and strategy adjustments need human insight. This is a lucrative opportunity because businesses need to find ways to reach their target audience to sell. Small business owners often realize they need help but don’t have the time to learn the skills or technologies related to advertising.

9. Search advertising using AI

Search advertising deals with the appearance of adverts on the search engine’s result page. The service focuses on targeting users as they input their search queries. It has streamlined keyword selection and bidding processes as platforms like WordStream, Acquisio, and Optmyzr use AI in keyword analysis, optimizing bids, and predicting ad performance, hence making ad campaigns cost-effective. AI also assists in personalizing advertisements to a specific user according to his search behaviors, thus improving the relevance of advertisements. However, these advantages require one to realize that how to Make Money with AI tools is also meant to be monitored and adjusted concerning changes in market trends and updates on the algorithms used by search engines. As a digital marketer, you can start using AI today to give better client results in less time.

10. Get paid as CRM & Sales Consultant

Sales operations are full of mundane tasks-managing leads, tracking sales, analyzing performance data, and keeping a clean list. It’s not a lot of time spent on building relationships and closing deals. That’s a perfect opportunity to create a service-based business or consulting service at the intersection of AI and CRM. This can take many different shapes, so you’ll want to find a specialty to focus on. Every time you see a complicated software or process, there’s sure to be an opportunity to earn handsomely.

11. Configure and Automate CRM Workflows

Customer Relationship Management (CRM) tools power many businesses. Without a CRM, companies could be reeling as they try to stay organized and reach out to customers. Sometimes, it’s worse for a business to have a poorly planned CRM with messy, unusable data. Whether they use it for eCommerce, sales, or email marketing, businesses need assistance with this tricky piece of technology. This is a good opportunity because businesses always are looking for ways to be more efficient in their sales. They need a trusted partner who can help them through the technology and the strategy of it all. You can also offer your services as an integration expert, using tools like ActivePieces or How to Make Money with AI, which connect SaaS platforms. These now start to include integrations with the AI services from OpenAI and Anthropic. That enables you to help firms inject AI insights and decision-making into their critical workflows.

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12. Freelance as a Professional Photo Editor

It is an art to do professional photo editing since the professional needs a keen eye and deep knowledge of numerous tools and techniques for proper edition. It involves color improvement, lighting adjustment, unwanted elements removal, and others. It takes hours of sitting in front of a computer screen. AI photo enhancers such as Topaz Photo AI, Photoshop Generative Fill, or Luminar can speed up this process drastically. They can automatically enhance colors, adjust lighting, and remove unwanted elements. Even AI image upscale can be used to add high resolution to pixelated photos. That means you could edit more photos in less time without quality compromises. Bulk editing is also available, so you can apply a particular style to hundreds of images.

13. Consult as a Data Scientist

Due to machine learning, tools like ChatGPT are extremely good at pattern recognition, making them invaluable for Data Science and research. Data Analyst, the official data and code plugin for ChatGPT, streamlines so many data processing and analysis workflows that it is hard to ignore. You can leverage the Python interpreter/sandbox offered by ChatGPT to help convert files between formats such as TSV, YAML, CSV, and JSON. Data Analyst also creates summary graphs and charts to express trends in the data, run a wide variety of statistical analyses, and create SQL tables and schemas from file contents, automatically determining the best possible data types for each column. It can also check data files thoroughly for errors; and identify missing data or nonstandard characters. Do you see how that is a huge time-saver for work like this?

14. AI Chatbots for Business

Customer service is a critical aspect of running a people-centered business. However, customer inquiries come in droves and require a lot of attention. This is where AI chatbots can come in and help with the easiest portion of inbound inquiries. AI website chatbots can handle customer inquiries 24/7, providing instant relief for the businesses you’re working with. The AI chatbots can answer frequent questions; they can help guide a client through the troubleshooting, or even in sales and bookings. This allows the clients to focus on more intensive cases.

It is a highly profitable opportunity to consult and implement AI customer support software since you would be using an emerging technology that businesses desperately need but does not understand. If you are a new developer or do not mind working within conversational How to Make Money with AI, technology, you can provide AI chatbot configuration and specialize in a few platforms. Set up website integrations and collect knowledge base and internal documents to train a chatbot for clients. Then, deploy it to your client’s satisfaction. We recommend looking into Chatbase, Tidio (see review), and Botsonic (see review) for AI chatbot creation. Botsify is another good option with a white-labeling option that is perfect for an agency or freelancer. You can also take a look at our step-by-step guide on creating an AI.

15. Activate Social Media Brands

Many business owners who just want to run their businesses find social media management tedious. Such business owners have better things to do and do not want to think about social platforms all the time. There is too much understanding of the platforms, creating content, and managing the community that has to be carried out.

AI social media management tools can automate post creation and scheduling. These AI tools can make doing this work a little more tenable if you wish to delve into the management of brand social channels for small businesses and brands. Many how to make money online with AI social tools also help you manage your inbox conversation and post analytics. Everything about social media can be made better through AI. This will make it easier for you to handle multiple brands and assist them in achieving their business goals. Social media managers can utilize AI to increase productivity and attract more clients. Try Ocoya and see how it makes everything easier to manage.

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