Artificial intelligence tools extend beyond being mere conveniences for completing homework assignments or enhancing selfies and videos.
According to Matt Higgins, a self-made millionaire, CEO of investment firm RSE Ventures, and guest star on ABC’s “Shark Tank,” artificial intelligence tools have the potential to become your next income source if you seize the opportunity to leverage them.
Matt Higgins, in an interview with CNBC Make It, declares that AI will emerge as the most significant generator of wealth in history. He emphasizes that artificial intelligence disregards factors such as birthplace, financial status, or educational qualifications, thereby dismantling barriers that hinder upward mobility and the pursuit of economic freedom.
While it may appear as a daring forecast considering the constraints of existing generative AI tools like ChatGPT or Midjourney, a recent report by PwC suggests that the AI market is poised for rapid expansion in the next decade. Currently valued at nearly $100 billion, it is projected to contribute a staggering $15.7 trillion to the global economy by 2030.
According to Higgins, it’s not a matter of “now or never” when it comes to seizing the potential of AI. Rather, he emphasizes that the present moment represents the greatest opportunity for individuals to capitalize on it.
Experts suggest two immediate methods for utilizing AI to generate income, and they also highlight a third approach that is not currently viable but holds potential for the near future.
If you have a passion for writing, graphic design, or photo and video editing, AI can assist you in maximizing the efficiency of those skills, allowing you to profit from freelance work.
Susan Gonzales, founder and CEO of AIandYou, a nonprofit organization dedicated to teaching AI skills to individuals from marginalized communities, suggests that if you are a liberal arts college student contemplating further education or seeking new learning opportunities, now is an opportune moment to expand your knowledge in the field of AI.
Present-day generative AI tools have the capability to aid you in crafting business plans and producing digital artwork. However, it is essential to meticulously proofread and fact-check each output from the AI tool, while also adjusting the language to ensure it resonates authentically with your own voice rather than sounding robotic.
Utilizing an AI tool called Jasper, Kristen Walters is leveraging its capabilities to produce a range of digital products, including workbooks, e-books, and audiobooks.
In a recent Medium post, Kristen Walters, a former lawyer turned entrepreneur and publisher, shared her approach. She explained that she utilizes Jasper’s “chat” feature to develop an outline for her digital workbooks.
For instance, if she has an idea for a workbook aimed at assisting self-employed individuals in enhancing their financial management skills, she would prompt Jasper with the instruction: “Write an outline for a workbook titled ‘Money Management for Freelancers’.”
According to Walters, Jasper swiftly generated the outline within a mere 30 seconds. She subsequently refined and edited the outline, transforming it into a comprehensive workbook that she formatted using Canva. Finally, she sold the finished product online.
Source : cnbc.com
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