7 Surefire Ways to Make Money with AI in 2024

By Zoe King

Last Updated On:

May 3, 2024
Artificial Intelligence (AI) could contribute up to $15.7 trillion to the global economy by 2030, according to a PwC report.

But you don’t have to wait until 2030 to start making money with AI. In fact, the game of making money is dramatically shifting towards AI.

Those who are able to leverage this technology to generate income will have a significant advantage over those who don’t.

If you want to know how to make money with AI, this guide will show you the easiest and most viable AI business ideas for making money online.

 

‘There’s an AI for That’

 

Apple in 2009 started using the phrase “There’s an app for that” in ad campaigns to show off the plethora of mobile apps available for iOS devices through its popular App Store.

The slogan became so catchy that it was endlessly parroted all over the media and the web, and Apple even trademarked the phrase.

Today, a new era is birthing and a new phrase is emerging: “There’s an AI for that.”

What does this mean?

The proliferation of AI tools is staggering. The emergence of OpenAI’s ChatGPT has ushered in a new era of AI-powered tools capable of performing tasks once deemed unattainable.

From generating realistic art and translating languages to crafting human-like content in seconds, the world of artificial intelligence is rapidly expanding and transforming the way we make money.

Developers and companies are launching AI tools of all kinds on a daily basis. A quick glance at the front page of Product Hunt, for example, reveals that AI-powered products outnumber those that do not use artificial intelligence.
It seems the new secret to productivity is this:

Whenever you have a task to do, search for the task and add the keyword “AI” on Google. You might be surprised that there’s an AI to help you get the job done.

This trend is only likely to continue in the years to come, as AI becomes increasingly ubiquitous in our lives.

As AI continues to evolve, it is opening up a whole new range of possibilities for those who want to make money.

 

New Ways to Make Money with AI

 

AI is changing the rules of the money-making game. In the age of AI, the only way to succeed is to be innovative and creative. Those who are able to embrace AI will reap the rewards.

Here are 7 viable ways to make money with AI:

 

1. Generate AI content

 

AI can be used to create high-quality written content at breakneck speed.

While there are speculations that this could potentially put many writers out of business, the reality is quite different. In fact, AI can be a powerful tool that enhances the capabilities of writers and opens up new opportunities for generating income. 

Whether it’s Surfer AI, ChatGPT, Scalenut, or Google Bard, you’d find a multitude of AI writing assistants to help you produce a mammoth amount of content for blogs, social media, websites, emails, and so on.

It’s up to you to monetize this content however you want: starting an affiliate blog, attracting visitors to your website, building your brand, generating leads, or even providing freelance writing or copywriting services to businesses.

 

2. Generate AI art

 

AI can be used to create stunning digital artwork and photos. What used to take seasoned artists weeks or even months to create can now be generated in seconds with simple prompts.

AI art creation tools such as DALL-E 2, DeepDream, and Midjourney are readily available and super easy to use.

The new AI-powered Generative Fill in the Photoshop desktop app is a game-changer. It can alter an image in sophisticated and sometimes scary ways and generate frighteningly realistic imagery out of nothing.
The demand for AI art is growing, as businesses and individuals are increasingly looking for ways to use AI to create unique and visually appealing content. 

Fiverr, the online marketplace for freelance services, has recently introduced a new category of services specifically for AI. This category allows users to find freelancers who provide AI services, including photo-realistic or artistic visuals.

You can choose to offer AI art services in this category, from simple commissions to more complex projects.

You can also sell your AI artwork as printables on marketplaces like Etsy or Creative Fabrica or on your own online store on Shopify or Selar.

3. Create AI videos

 

While many creators still spend hours recording and editing their YouTube videos, that era is quickly eroding away.

It’s now possible to create million-views-worthy videos with a few AI tools in minutes.

Depending on the kind of video you want to create, artificial intelligence can help you with ALL aspects of video making.

For example, you can use generative AI content tools to generate a video script and use a tool like PlayHT to create voiceovers with a human-like AI voice from the script generated.

With just a prompt, an AI video generator like InVideo will auto-generate scripts, crafts scenes, adds stock media, and even background music and voiceovers to help you make money on YouTube and TikTok.

Another example is Wisecut, a video editing software that uses AI and voice recognition to speedily edit videos for you automatically, creating jump cuts, subtitles, and more.
I also know creators who use AI services like OpusClip, Vidyo, and Repurpose to automate the process of splitting long YouTube videos into short-form videos with captions for TikTok, YouTube Shorts, and Instagram Reels.
Talking avatars are another type of AI-powered video. They are created using text-to-speech technology, which allows them to speak the words that you type in. For example, Synthesia lets you create AI videos with virtual avatars by simply typing in text.
D-ID also lets you create a talking avatar that can be used in your videos.
Given how easy and quick it is to generate videos with AI, there’s been an uprise in faceless YouTube channels recently making unbelievable money.

Whether it’s on YouTube, TikTok, Facebook, Instagram, or Snapchat, there are a few effective ways you can monetize these videos. Think affiliate marketing, advertising, and even selling your own products or services.

 

4. Build websites

 

Building a website has never been easier or faster than it is today. And it’s all thanks to artificial intelligence.

To help you understand what I mean, you can build a website or create a blog in seconds using a tool like Hostinger AI Website Builder.

Simply describe your brand or business in a few words, and this innovative AI website maker will create a custom website in just a few clicks. The unique template will contain content, images, and other relevant features, like contact forms or an image gallery – all uniquely created by artificial intelligence.

Even better, the tool comes with AI content writer and AI logo maker to save you time and money while creating a professional website quickly.

Other innovative AI-driven website builders such as Wix ADI and Framer AI enable users to create visually appealing web pages, landing pages, and online stores in less the time you’d use to drink coffee.

GetResponse AI Builder, which is part of an all-in-one marketing platform, allows you to create visually stunning and highly functional websites and integrates with email marketing and automation tools.
Divi—the most beautiful WordPress theme and page builder—comes with a powerful AI technology that can create content, generate images, and write code to help you build amazing websites faster.

Another great AI site tool is 10Web, which uses AI to help you automate the process of website building, hosting, and management.

Equally, with Durable, you can create a website with dozens of posts in 30 seconds.

I can go on and on, but I’m certain you get the point.

Now, how can you make money by building websites? You can sell your services as a website developer/designer on Fiverr or build and sell websites on Flippa.

5. Generate audio AI content

 

Is audio your thing? How about starting a podcast using artificial intelligence?

AI voice generators and text-to-speech synthesis platforms such as Murf AI, PlayHT, Prime Voice AI by ElevenLabs, and Resemble AI make it possible to generate human-like voices from text.

But that’s not all. What’s even more interesting is that it’s now possible to clone your own voice using AI. This means you can now create an hour-long podcast in EXACTLY your own voice in under 5 minutes using just AI-generated text and voice cloning.

If you prefer to use your real voice, then Adobe Podcast offers AI-powered audio recording and editing, all on the web. This tool increases clarity by removing background noise and sharpening your voice’s frequencies, making it sound as if everything was recorded in a professional studio.

Upload the audio to your favorite podcast platforms such as Spotify, Apple Music, or Google Podcast, and monetize it however you want.

 

6. Create online courses or eBooks

 

Artificial intelligence has totally revolutionized the way online courses and eBooks are created. In the past, if you needed to create an online course or write an eBook, you had to spend weeks, months, or even years developing the content.

You needed to come up with the topic, research the material, write or record the content and then spend time to ensure it was all good to go out. This was a time-consuming and labour-intensive process.

Although these steps are still crucial, AI has made it possible to create online courses and eBooks much more quickly and easily.

For example, you can provide ChatGPT with a prompt, such as a genre, topic, or plot outline, and it will generate a whole book for you. This could be a novel, non-fiction book, children’s book, or anything else you can think of. You can then sell these books on Amazon Kindle Direct Publishing.

AI can create a variety of course content, including lesson plans, quizzes, and even interactive exercises. You can sell your online courses using platforms such as Podia or SkillShare.

 

7. Do freelance coding with AI

 

Coding is a challenging skill, but it is also one that is in high demand and can lead to a lucrative career. Whether you want to build software, create web applications, or work in a more specialized field like data science or artificial intelligence, coding skills are essential.

However, it takes time and effort to code well.

The good thing is that AI can help, from learning how to code, debugging your code, and even generating code for you.

For instance, Bard and ChatGPT Plus can provide significant assistance with coding, including generating code and clarifying issues with existing code snippets.

Divi AI can write code and generate custom CSS in the Visual Builder. Since it’s trained on the Divi Module codebase, it can generate intuitive results and better interpret your prompts.

CodeWP.ai simplifies coding and designing WordPress websites by generating custom code snippets, useful for web developers.

GitHub Copilot, the AI tool from GitHub which is powered by OpenAI Codex (the model based on GPT-3), generates code within mainstream development environments including VS Code, Neovim, JetBrains, and even in the cloud with GitHub Codespaces.
Amazon CodeWhisperer, an AI-powered code generator trained on billions of lines of code, generates code suggestions ranging from snippets to full functions in real time based on your comments and existing code.
Regardless of your coding expertise, AI can lend a helping hand. By harnessing the power of these tools, you can enhance productivity, expedite project delivery, and ultimately boost your earnings as a developer.

If you don’t have any coding experience or knowledge, it’s important to upskill first. Head over to Treehouse or Codecademy where you can learn to code for free.

 

The Future of Making Money

 

The future of money-making is AI-powered.

The list of ways to make money with AI above is in no way exhaustive.

As a matter of fact, as AI technology continues to evolve, I believe we will see even more ways to use AI to make money.

However, your best move will be to explore the available opportunities now to make money.

The money-making game is seriously shifting in the direction of AI. And the last thing you want is to be left behind.

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