As technology evolves, new money-making methods emerge, and it becomes easier to earn. However, it comes down to finding the right methods that fit your knowledge and expertise while also taking advantage of trends.
And since AI has become such a huge part of our lives in the past few years, you might wonder if you can generate some extra income with its help. Thankfully, you have great options when it comes to making money with AI.
In this list, we will cover a few ways on how you can use AI to earn money, what methods are the most popular, and why you should use them. Let’s get started!
Create a blog and use AI to generate blog posts for it
A very effective way to use AI for generating income is to create a blog. The idea here is simple: you start a WordPress blog after doing some market research and narrowing down the blog name. After that, you buy the domain and hosting, install WordPress, and customize the blog with a theme, plugins, etc.
Now, you will need to start generating blog posts. That’s where AI comes into play. Naturally, you could just write articles yourself, but that takes a lot of time and effort. With ChatGPT or any other AI tool, you can add the article name, and then AI will write the article for you. Granted, you can still edit the article if you want.
And, of course, you can add links within the article and earn money via affiliate marketing. Such a method is great because it doesn’t involve a lot of effort from your side. Plus, you can use AI to create new content all the time. The method works anywhere in the world, including India, so it’s totally worth taking into account!
Generate AI art and sell it online
Another way you can use AI to generate income is via creating designs/art with artificial intelligence. Tools like Dall-E or Midjourney have become pivotal for many people who want to create AI art, along with many other platforms. The way they work is you share a prompt that tells what type of image you want created and what details you want within that image.
Depending on the image you are looking for and how detailed it is, you may need a few variations. However, once you narrow down the right image, you can download it in any format/detail available, and you can start selling it for a profit.
Is it legal to sell AI art? Yes, it is. However you want to double-check and ensure there is no copyright or restriction in place from that platform.
Where can you sell AI art?
There are plenty of platforms where you can sell your art, including:
- Etsy is a good place to sell AI art because a lot of people will download the image and frame it themselves. Or, if you want, you can sell the images pre-framed, but that involves extra work on your side.
- Artsi is a popular marketplace where you can buy, sell and also make AI art.
- Wirestock makes it easy for you to sell AI art, and it’s very popular, with many art pieces being purchased every day.
Use AI tools to do market research and sell the info you get to companies
AI can be very powerful when it comes to doing market research, since it’s really good at acquiring and processing data. The good thing about using AI for market research is that it can speed up this complex process. A lot of companies don’t have the time and resources to hire people for market research. But they need that data, and they are willing to pay quite a bit of money for data.
AI tools you can use to perform market research:
- Quantilope
- Appen
- Hotjar
- Browse AI
- Brandwatch
Each one of those tools will provide you with a variety of market data. But where can you sell it? You can then sell market data on Datarade, AWS Data Exchange, Snowflake Marketplace, and other platforms.
Start generating AI content to use on your socials, and then monetize your social media presence
Another route you can go with is to create social media accounts and generate AI content for your posts. The good thing about this AI venture is that it requires minimal effort, and you can focus on any topic you want. It can be anything from having an entertainment page to an educational one or even a fully-fledged AI influencer.
As you get more followers and members, you can start creating your own Patreon with exclusive content to monetize it, create videos and place ads on them, etc. That’s helpful, and it surely gives an opportunity to earn with AI without doing a ton of work.
Create YouTube scripts and videos with AI, post the videos, and make a profit!
AI is very good at creating scripts since it requires very minimal guidelines. However, you can be as in-depth as you want; that’s definitely up to you. What really matters here is to create a script and then create videos based on that script. Thankfully, there are many tools you can use to generate AI videos. Some of the most popular ones Are Invideo, Synthesia, DeepAI, Runway, Fliki, and so on.
It’s a great money-making idea because videos can become viral, and it’s easy to monetize them as well. Once you have these videos ready, you can upload them to TikTok, YouTube and then insert ads into them. Or you can encourage people to visit the links in your description and make money via affiliate marketing. The monetization opportunities are amazing, and you won’t have a problem making money with AI this way!
Generate music with AI and start sharing/selling it online
For those who love music and want to make money from it, AI can be a handy tool as well. While artificial intelligence has changed how music is produced, it also goes even deeper than that. You can find tools that will make it easy for you to generate music, and then you can start monetizing your music in different ways.
What tools can you use to generate music? There are some great options, including Hydra II, AIVA, Mubert, Soundful, Beatoven, and so on. Some of them will have restrictions on what music you can generate or where you can use it. However, most of them are great for creators who want to use this music in their own content.
For example, if you have a podcast, app or you create videos, these musical pieces can help enhance your project and better monetize it. Other tools will create royalty-free music and you can upload that to YouTube and place ads on it. Songbay is also a platform where you can start selling AI music.
Start creating online courses with AI
Online courses are a proven money-making source, and AI can help with that as well. AI is great at generating scripts and even making videos. If you focus on creating online courses, then you create scripts for a specific topic, cover it as much as you can, and then create a set of videos on that niche.
Once you finish editing them, you can start selling online courses on a variety of platforms. These include Teachable, Coursera, Udemy, and so on. Keep in mind that it does involve some editing and work on your side, so it’s not a fully automated venture. However, if your courses are good, they can sell very well, and it’s a great way to generate passive income once the course is published. And yes, you can sell as many courses as you want.
Use AI to create simple software for mobile users
These days, creating apps has become easier than ever before. In fact, AI can even help create simpler, fully-fledged apps for you, and then you can upload those to Apple’s Store or Google Play. Granted, these apps won’t be very complex, but realistically, there are some very simple apps on mobile stores, so yours will fit right in.
When it comes to what AI app generators you can use, a few good ones are Appypie AI App Generator, Swiftspeed, and Apsy, among others. It’s a great idea to check these out, and once you are happy with the app, you can upload it to the mobile stores. While it can take a little while to get used to it, these apps can bring you passive income once you publish them. So, it’s certainly a good way to make money with AI.
Create digital products with AI
AI is very good at helping you generate digital products, and there are all kinds of digital products you can start creating today. For example, you can start creating templates, a simple starting point for designs, video templates, presentation templates, fonts and stuff that people can use in their work.
You can go even further with that since it’s possible to create mockups using AI, logos, virtual backgrounds, and many others. The same thing is valid for all kinds of calendars and visuals you can sell on Etsy or Gumroad. Those are easy to monetize since you just upload these files and the platform will automatically deliver the file to purchasers. That’s why it makes sense to generate digital products because they bring passive income once you upload and start selling them.
Amazon can be a great place to sell these digital products as well. You can easily sell a short ebook or a coloring book there. Also, you can generate these with help from AI and then upload them to reach millions of people.
Other examples of digital items you can sell on Amazon include journals, planners, puzzle books, guidebooks, and even novels generated by AI. Sure, some of these might need some editing from your side, but you can generate the bulk of it with AI. And that alone can save a significant amount of time.
Create Audio Books using AI
Creating audiobooks with AI is another side hustle, and it’s one of those amazing ideas that can work very nicely. You can take an existing, copyright-free book and narrate it with AI, or you can take your own book and use AI to generate a voiceover for it. Once you do that and have a finished digital product, you can sell it on Amazon Audible, Apple Books, and even Spotify, for example.
Start an AI translation service
It’s also possible to use AI in order to translate content from one language to another. Yes, many translators are already using it, and you can sell this as a freelance service on a platform like Fiverr or Freelancer.com.
There is a thing to keep in mind here. You can’t fully rely on AI to deliver a perfect translation. So you should know the language you are translating in, as it will make it easier to make some adjustments. However, AI can help translate the bulk of that content, so it can save a significant amount of time.
Conclusion
It’s a great idea to start generating passive income in India with the use of AI. There are many free AI tools such as ChatGPT and then you can move onward to paid tools as you generate profit.
While these methods won’t make you rich in an instant, they can provide you with a significant and consistent source of income. That’s why we think they are an extremely good option for anyone who wants to make money online. AI can be very effective, and once you master it, you’ll find a variety of ways to monetize and make a profit in the long run!
Frequently Asked Questions (FAQs)
Is it ethical to make money with artificial intelligence?
Yes, using AI to create digital products or provide services is legal in India and pretty much all over the world. Most AI models use existing content to create new designs, so you need to ensure that you are avoiding copyright concerns. Other than that, selling AI-created content is legal, and many platforms allow you to do so.
How much can you earn with AI?
There aren’t any limits. However, it depends on how you use AI, the platforms you start relying upon and other factors. You can earn anywhere from $1 to $1 million or more.
Realistically, it is possible to earn $100 to $1000 consistently as side income solely from using AI. And if you generate multiple AI-based income sources, it can only increase from there.
What’s the most profitable way to use AI for generating income?
For a lot of people, creating a blog and generating blog posts for it, then monetizing it, that alone seems to be one of the best income sources. However, selling digital products generated by AI can also be very effective, same with creating videos and publishing them on YouTube.
Consistency plays a major role when it comes to how much you earn.ke money online. AI can be very effective, and once you master it, you’ll find a variety of ways to monetize and make a profit in the long run!