Summary: Do you know that there are different categories of artificial intelligence tools that you can use for multiple tasks such as creating content, developing bots, or making digital artwork. Let’s see how to make money using AI tools.
Have you ever thought of freelancing or earning a side income? If yes, then AI tools can help you out with this. AI tools provide multiple opportunities to entrepreneurs or freelancers to generate additional income. From monetizing content to offering consulting services and developing digital products, the avenues of generating income with AI are quite diverse.
“Freelancers are using AI tools more than other professionals. 20% of freelancers say they regularly use generative AI, compared with only 9% of the non-freelance workforce. This means freelancers are 2.2 times more likely to use AI ‘frequently.” World Economic Forum
Let’s explore AI money making ideas and the tools you can use to earn additional income.
Top 10 Ways to Make Money Using AI Tools
Let’s look at the top ways to earn money by using artificial intelligence tools.
1. Edit and Mix Audios with AI
If you are interested in creating and mixing audio, then you can provide AI based audio services to earn money. There are tons of AI audio mixing software available to help you with this.
Whether you want to generate music or background tracks for videos or games, these tools can assist you in generating music in various styles and tones.
Additionally, there are several tools that can help enhance audio content for podcasts and improve listening experience. You can use them to enhance clarity, remove background noise, adjust audio levels, and so on.
TOP AUDIO MIXING SOFTWARE
Audacity
Starting Price
Price on Request
Adobe Audition CC for enterprises
Starting Price
Price on Request
FL Studio
Starting Price
$ 99.00
Logic Pro X
Starting Price
$ 199.99
2. Generate Marketing Content with AI Writing Tools
Monetizing your content is one of the popular ways through which you can earn money online. By creating engaging content, you can put advertisements on your blog posts to earn money.
But you don’t need to create content manually, there are several AI Writing Assistants available that can do the work for you. For example, just select the tool of choice and add the relevant prompt. By understanding the prompt, the tool will generate quality content that you can use for your blog posts.
“At MIG, we’ve actually embraced AI to revolutionize the way we write. Not to save time or costs, but to improve the quality of what we do. We use AI to help us understand our audience better, spot the most important trends, and find data and research that would normally take us more time. All this helps us to spend more time on what we do best: writing.” Marketing Insider Group (MIG)
TOP AI CONTENT WRITING TOOLS
Jasper ai
Starting Price
$ 49.00
Copy ai
Starting Price
$ 49.00
Anyword
Starting Price
$ 49.00
Writesonic
Starting Price
$ 19.00
3. Freelance Photo Editing
If you have interest in photo editing, then you can become a freelance photographer and editor. There are several AI photo editors that can help you with this.
For example, if you tie up with an eCommerce company, then you can easily edit and add details in their product photos to accentuate them. You can also collaborate with professional photographers to work on photo editing and earn side income.
TOP AI PHOTO EDITING TOOLS
Adobe Photoshop
Starting Price
Price on Request
Canva
Starting Price
₹ 499.00 excl. GST
Pixlr
Starting Price
Price on Request
Luminar Neo
Starting Price
₹ 799.00 excl. GST
4. Do Affiliate Marketing
Affiliate marketing is another popular field in which you can make money through your content. For example, if you are writing travel blogs, then you can team up with travel companies to promote their products to your readers. In this way, you can also generate a commission on every sale you make.
But with AI affiliate marketing tools, you can take your affiliate marketing efforts to the next level. By using these tools, you can easily incorporate affiliate marketing links in blogs, generate content ideas, engage with customers, or even generate product reviews.
TOP AI AFFILIATE MARKETING TOOLS
Synthesia
Starting Price
₹ 23988.00 excl. GST
Post Affiliate Pro
Starting Price
Price on Request
5. Use AI For Course Creation
Developing online courses is a good option to make side income. If you also do the same, then you can leverage AI to speed up the process. You can use various types of Learning Management Software to create and deliver your courses.
In addition to that, you can also create puzzles and quizzes for assessment purposes. Once created, you can easily monetize all your courses to earn money.
Top AI LMS Tools
TalentLMS
Starting Price
$ 69.00
Absorb LMS
Starting Price
Price on Request
Canvas LMS
Starting Price
Price on Request
6. Offer SEO services with SEO Tools
Nowadays, people rely on SEO services to increase their organic traffic and lead conversion rate. It involves a deep understanding of search engine algorithms, optimization strategies, content topics, etc. Therefore, many businesses hire SEO professionals to do this job.
If you are interested in digital marketing, then you can also become a SEO professional and earn a good income. To streamline your work, you can use various AI-based SEO tools to speed up your work. These tools will help you with keyword research, content optimization, and page performance tracker to speed up the procedure.
TOP AI BASED SEO TOOLS
Semrush
Starting Price
$ 139.95
Frase
Starting Price
$ 14.99
Ahrefs
Starting Price
$ 99.00
7. Develop a Website with AI
Designing and running your website can open multiple income streams. Whether you want to sell anything online, monetize content, affiliate program, a good-looking website can help you a lot to reach audiences and customers online.
With the coming of AI, you can easily create websites and earn money out of it without any technical expertise. There are multiple AI websites builders that let you easily create websites for multiple purposes.
TOP AI WEBSITE BUILDERS
Hostinger
Starting Price
$ 2.49
Wix
Starting Price
₹ 3900.00 excl. GST
Framer
Starting Price
₹ 311.00 excl. GST
Appy Pie App Maker
Starting Price
Price on Request
8. Manage Social Media with Social Media Marketing Tools
Most businesses do not prefer handling their social media accounts on their own because they do not have expertise. Instead, they hire professionals to do this work.
If you have enough knowledge about social media management then you manage social media handles of businesses. For that purpose, you can leverage different types of social media management tools.
With these tools, you can easily create and schedule posts. Not just that, they can also help in managing your inbox and Posts analytics. Try these tools to make your social media handling tasks more streamlined and make money with artificial intelligence.
TOP SOCIAL MEDIA MANAGEMENT TOOLS
Hubspot Marketing Hub
Starting Price
$ 20.00
Sprout Social
Starting Price
$ 249.00
Sendible Social Media Management
Starting Price
$ 25.00
Semrush
Starting Price
$ 139.95
9. Offer AI Chatbots to Businesses
AI website chatbots are used by multiple organizations to handle their customers’ queries 24/7, collect customer feedback, manage orders, and refund processing tasks. These chatbots can answer common questions easily.
If you are a developer, then you can create and configure AI chatbots as per the requirements of your clients. This would help your clients to save time and focus on other important tasks. Our website offers AI chatbots software to create chatbots. You can connect with us to learn more on ways to make money with artificial intelligence.
“AI will power 95% of customer interactions by 2025 and 19 in every 20 customer interactions will be AI-assisted by 2025.” Forbes Advisor
TOP AI CHATBOT SOFTWARE
Lyro AI Chatbot
Starting Price
$ 39.00
Freshchat
Starting Price
₹ 1499.00 excl. GST
Orai-Robotics Business Chatbot
Starting Price
₹ 8500.00 excl. GST
10. AI Translation Services
Providing AI translation services can be a good choice if you want to do some freelancing. This is because human translation might be a costly option and time consuming for businesses. However, for businesses that have global footprints, you can offer them translation services.
For that purpose, you can leverage AI translation tools to speed up the translation procedure and earn money through translation services. However, these tools might not be completely reliable, but provide you with a starting point to initiate translation.
TOP AI TRANSLATION TOOLS
Copy ai
Starting Price
$ 49.00
EdApp
Starting Price
Price on Request
Tips for Using AI to Make Money
- Select the specific task you want AI to work upon
- Employ and use AI tools properly to get desired results
- Use AI to create valuable content instead of random stuff
- Stay updated on the AI tools to use them effectively
How Much Can You Earn from AI?
Earning money by using AI can vary and depend on multiple factors such as experience level, AI niche, market demand, and so on. Passive income opportunities such as creating digital products can provide substantial returns.
With the right skill set, machine learning and AI experts can earn around $50 per hour by providing AI based services. However, you can also demand higher rates based on your skills and expertise.
Since technology is becoming more accessible, more and more individuals are entering the market. Hence to thrive in the competitive sector, you must regularly update your skills via online courses, learn emerging trends, and get specialized in a specific AI niche.
If you regularly upskill yourself, then you always have chances of earning higher than your competitors.
Start Earning with AI Today!
Whether it’s about writing or creating artwork, AI has become an indispensable tool to work effectively and create more valuable content.
Getting an idea on how to make money with AI can help you in earning additional income. However, you should always ensure that AI does not replace your work, instead, it should help speed up your work.
How to Make Money Using AI Tools FAQ
What Is the Most Profitable Way to Use AI?
There are multiple ways to use AI to earn income. Some of the profitable ways include managing social media, generating content, selling digital artwork, developing AI chatbots, etc.
How can I make money on YouTube with AI?
AI can revolutionize the way you create and optimize content. It can help you to draft scripts, add music, generate subtitles, create hashtags, etc. By creating valuable content with artificial intelligence, you can increase the opportunities of monetizing content and earn a good amount of money.
Can I make money with AI bots?
Yes, you can make money with AI bots by developing and monetizing them. Moreover, you can also sell bot templates to businesses to earn money.
How to use AI for passive income?
AI can help you a lot in boosting your working efficiency and generating passive income. For example, you can leverage AI-powered tools to create your content, generate audios, develop bots, etc. After that, you can monetize the generated content to increase your earnings.
Varsha is an experienced content writer at Techjockey. She has been writing since 2021 and has covered several industries in her writing like fashion, technology, automobile, interior design, etc. Over the span of 1 year, she has written 100+ blogs focusing on security, finance, accounts, inventory, human resources,... Read more