Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising
Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions.
Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data
AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services.
The US and some of its allies just pulled off a milestone first by letting AI target enemies like it would in a war
The trial, led by the US Army, was the first time AUKUS members used AI in a simulated battlefield environment akin to a real conflict.
It looks like Sam Altman is dropping hints about OpenAI’s next big thing
Strawberry aims to give OpenAI’s tech autonomous internet navigation and deep research capabilities, according to a Reuters report.
3 in 4 workers say AI reduced productivity and increased workloads, survey finds
A recent survey found that workers were spending more time reviewing AI content or learning how to use the tools.
Everything we know about how finance giants are adopting AI, from Goldman Sachs to Blackstone
Finance’s biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce “grunt work.”
Tech 2024-08-07T18:58:33Z OpenAI’s brain drain isn’t a great look for Sam Altman
OpenAI is losing key members like cofounder John Schulman to rivals, adding to challenges in the AI market and trust issues for CEO Sam Altman.
A CMO tried Google’s AI tools and stopped using many of them
The executive has been using Google’s Performance Max, Smart Bidding, and Gemini. These are their findings.
AI was supposed to revolutionize customer service. Morgan Stanley’s interns aren’t buying it.
The bank surveys its interns on their technology habits and views. What they said about AI customer service is another warning for the tech industry.
Meta’s AI keeps pretending to be me and giving my phone number out to strangers
A weird tech glitch with the new Meta AI chatbot highlights the thorny legal and ethical issues facing AI today.
The GenAI jitters: Is there enough demand for $1 trillion in AI spending?
When you build a lot of new AI data centers, it’s very hard to undo that if end-demand turns out to be weaker than expected.
Tech 2024-08-02T21:09:15Z Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
Kamala Harris has friends in high-tech places as execs from Google, Netflix, and OpenAI organize a fundraiser for the Democratic presidential hopeful.
The New York Times and other top news sites block OpenAI’s new SearchGPT web crawling bot
The startup launched a new search engine last week. Some top publishers have already made clear that they want nothing to do with the new product.
Tech 2024-08-02T18:00:24Z Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment right now. But they say it’s worth the risk.
Why workers who lose their jobs to AI might not stay unemployed for long
The AI boom won’t follow the same path as the US’s manufacturing decline, an economist says. Workers will have a better chance of finding new jobs.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. CMO Insider 2024-08-01T20:59:29Z Play icon A circle surrounding a triangle pointing right. It indicates, “this type of media can be played.” How American Express, DoorDash, JP Morgan Chase, and more are using AI to improve business
CMOs from major brands reveal how their companies are using AI and its positive impact on the business.
Reddit has acquired an AI startup to beef up its ad business in a deal worth around $40 million
Reddit hopes its purchase of Memorable AI will boost the performance of advertising on its platform.
Meta scraps celebrity AI chatbots after less than a year, despite reportedly paying top creators as much as $5 million
Meta is shifting focus to its new AI Studio, which lets users create their own AI bots.
Amazon has discussed a ‘DoctorAI’ tool to automate routine healthcare tasks
In a leaked document from late 2023, Amazon’s One Medical team discussed their most disruptive ideas. One was a ‘DoctorAI’ large language model.
A CIO canceled a Microsoft AI deal. The reason should worry the entire tech industry.
The pharmaceutical company IT exec said Microsoft’s Copilot AI tools were not worth the extra money.
Skills That Every Entrepreneur Needs
Entrepreneurship is the backbone of innovation and economic growth in the United States. The skills required to succeed as an entrepreneur are also changing, from traditional business acumen to cutting-edge digital proficiencies.
Adaptive Leadership
This skill involves the ability to guide a team through uncertain and rapidly changing circumstances. Entrepreneurs must be able to pivot strategies, inspire their teams, and make tough decisions in the face of adversity.
Adaptive leaders are characterized by their flexibility, openness to feedback, and ability to learn from failures. They understand that the business landscape is constantly evolving and are prepared to adjust their approach accordingly.
Entrepreneurs can seek out mentorship opportunities, participate in leadership workshops, and practice self-reflection to develop adaptive leadership skills.
Financial Literacy
A solid understanding of finance is crucial for any entrepreneur in an uncertain economy. This goes beyond basic bookkeeping; it involves the ability to create and interpret financial statements, understand cash flow management, and make informed financial decisions.
Entrepreneurs should be familiar with concepts such as profit margins, return on investment, and break-even analysis. They should also understand different funding options, from traditional bank loans to venture capital and crowdfunding.
Strategic Thinking and Planning
The ability to think strategically and plan for the long term is a critical skill for entrepreneurs. This involves setting clear goals, analyzing market trends, and developing a roadmap for business growth.
Strategic thinkers can anticipate challenges and opportunities, allowing them to position their businesses for success. They’re able to see the big picture while also understanding the details needed to achieve their vision.
Developing strategic thinking skills often involves practice and exposure to diverse business scenarios. Entrepreneurs can enhance these skills by reading case studies, participating in business simulations, and seeking advice from experienced mentors.
Effective Communication
Communication is the lifeblood of any business. Entrepreneurs must be able to articulate their vision clearly, negotiate effectively, and build relationships with stakeholders, including employees, customers, and investors.
Effective communication involves not just speaking and writing clearly, but also active listening and the ability to tailor messages to different audiences. This skill extends to written communication via email and social media, as well as visual communication through presentations and marketing materials.
Entrepreneurs can join organizations that focus on public speaking and leadership development to improve communication skills. They can also practice storytelling techniques to make their business pitches more compelling.
Digital Marketing Proficiency
Having a strong online presence is crucial for business success. Entrepreneurs need to understand the basics of digital marketing, including search engine optimization (SEO), social media marketing, and content creation. Digital marketing skills allow entrepreneurs to reach their target audience cost-effectively, build brand awareness, and drive customer engagement. Understanding analytics is also crucial for measuring the success of marketing efforts and making data-driven decisions.
Networking and Relationship Building
Building a strong network is invaluable for entrepreneurs. Networking can lead to new business opportunities, partnerships, and access to resources and expertise.
Effective networking goes beyond collecting business cards; it involves building genuine relationships and providing value to others. Entrepreneurs should be able to connect with people from diverse backgrounds and maintain these relationships over time.
Entrepreneurs can attend industry events, join professional associations, and participate in online networking platforms like LinkedIn. Local chambers of commerce also offer networking opportunities for small business owners.
Problem-solving and Critical Thinking
Entrepreneurs frequently face complex challenges that require innovative solutions. Strong problem-solving and critical thinking skills are essential for navigating these obstacles and identifying opportunities where others see roadblocks.
Critical thinkers can analyze situations from multiple perspectives, evaluate evidence objectively, and make logical decisions. They’re able to break down complex problems into manageable components and develop creative solutions.
Entrepreneurs can practice techniques like the “5 Whys” method or engage in brain-teaming exercises to enhance these skills. Reading books on critical thinking and problem-solving can also provide valuable insights and strategies.
Emotional Intelligence
Emotional intelligence, or EQ, is increasingly recognized as a crucial skill for business success. It involves the ability to understand and manage one’s own emotions, as well as recognize and influence the emotions of others.
Entrepreneurs with high EQ can build stronger relationships, handle stress more effectively, and create a positive work environment. They’re able to navigate conflicts, motivate their team, and respond appropriately to customer needs.
Developing emotional intelligence is an ongoing process that involves self-reflection and practice. Resources like the EI Assessment can help entrepreneurs understand their current EQ level and areas for improvement.
Digital Document Skills
Entrepreneurs should be comfortable with word processing software like Microsoft Word or Google Docs. They should be able to create well-formatted documents, use templates effectively, and collaborate with others in real time.
Spreadsheet skills are crucial for financial management and data analysis. Entrepreneurs should understand how to use formulas, create pivot tables, and visualize data using tools like Microsoft Excel or Google Sheets.
Presentation software like PowerPoint or Google Slides is essential for pitching to investors, presenting to clients, or communicating with team members. Entrepreneurs should be able to create engaging, visually appealing presentations that effectively convey their message.
PDF management is another important skill. Entrepreneurs should know how to create, edit, and secure PDF documents. This includes skills like combining multiple PDFs, converting PDFs to Word, adding digital signatures, and protecting sensitive information. Smallpdf offers tools to help you edit and convert PDFs quickly and easily.
Cloud-based document management systems like Google Drive or Dropbox are increasingly used for file storage and collaboration. Understanding how to organize files, set permissions, and use version control features is important for efficient document management.
Time Management and Productivity
Entrepreneurs often wear many hats, especially in the early stages of their business. Effective time management and productivity skills are crucial for balancing multiple responsibilities and maximizing output.
This involves prioritizing tasks, setting realistic goals, and using productivity tools and techniques effectively. Entrepreneurs should be able to distinguish between urgent and important tasks, delegate when appropriate, and avoid time-wasters.
Tools like the Eisenhower Matrix can help with task prioritization. The Pomodoro Technique, which involves focused work sessions followed by short breaks, can also boost productivity.
Entrepreneurs can improve their time management skills by reading books on productivity, experimenting with different techniques, and regularly reviewing and adjusting their approach.
Adaptability and Resilience
Resilient entrepreneurs can weather storms, learn from failures, and persist in the face of challenges.
Adaptability involves being open to new ideas, willing to pivot strategies when necessary, and able to thrive in uncertain environments. Resilience is about maintaining a positive attitude, learning from experiences, and staying committed to long-term goals despite short-term obstacles.
Building adaptability and resilience often comes through experience, but entrepreneurs can also develop these skills through mindfulness practices, seeking support from mentors or peer groups, and reframing challenges as opportunities for growth.
Aspiring and established entrepreneurs can enhance their chances of success, navigate challenges more effectively, and position themselves for long-term growth in the dynamic world of business by focusing on these key areas.
Remember, no entrepreneur is an island. Surrounding yourself with a strong network, seeking mentorship, and being open to learning from both successes and failures are all crucial elements of the entrepreneurial journey. Entrepreneurs can turn their visions into thriving, impactful businesses with dedication, persistence, and the right skill set.
10 AI business ideas for beginners getting started with artificial intelligence
Have you ever wondered how people are making money with AI? You might be interested in a new guide created by the team over at AIGRID that discussed 10 ways to actually make money using artificial intelligence for beginners. With the rapid advancements in technology, AI has opened up a wealth of opportunities for financial gain. Whether you’re interested in content creation, AI-generated art, or investing in AI stocks, this guide will provide you with ten actionable strategies to get started.
AI Business Ideas 2024
Key Takeaways :
AI offers numerous opportunities for financial gain, even for beginners. Content creation using AI tools can generate income through ad revenue and sponsorships. Starting an AI-focused newsletter can be profitable through subscriptions and sponsorships. AI-generated music can provide long-term revenue through royalties. AI design tools enable the creation and sale of unique art products. Developing custom AI automations can improve business efficiency and offer substantial rewards. Consulting services for AI integration are in high demand among businesses. Teaching AI tools and applications can be a rewarding business opportunity. Affiliate marketing of AI products can generate commissions and build audience trust. Investing in AI-related stocks offers significant growth potential. AI-related crypto projects present high-return investment opportunities. Focusing on niche markets and producing quality content are key strategies for monetizing AI.
Artificial intelligence (AI) presents numerous opportunities for financial gain, even if you’re just starting out. This guide outlines ten practical methods to monetize AI, offering detailed insights into various strategies, from content creation to investing in AI-related stocks. Whether you have a technical background or are simply curious about the potential of AI, these approaches can help you generate income and build a successful business.
Content Creation
Creating content is a lucrative way to leverage AI. You can produce engaging videos on popular platforms like YouTube, TikTok, and Instagram. AI tools can assist in various aspects of the content creation process, such as:
Editing videos to enhance their visual appeal and storytelling Generating scripts to streamline the writing process and ensure consistent quality Optimizing content for search engines to increase visibility and reach a wider audience
By focusing on ad revenue and sponsorships, you can generate a steady income from your AI-powered content. Additionally, launching niche communities around your content can provide recurring revenue through memberships and exclusive content, fostering a loyal and engaged audience.
Here are a selection of other articles from our extensive library of content you may find of interest on the subject of starting SaaS businesses :
Newsletter-Based Content
Starting an AI-focused newsletter can be highly profitable AI business idea. Specialized newsletters on topics like MidJourney or ChatGPT attract a dedicated audience eager to stay informed about the latest developments in AI. You can monetize these newsletters through subscriptions and sponsorships, providing valuable insights and resources to your readers. Successful newsletters can also be sold for significant profits, making this a viable long-term strategy for those passionate about AI and content creation.
AI tools enable you to create high-quality music tracks without extensive musical knowledge. Platforms like Spotify allow you to distribute your music widely, reaching a global audience. Over time, you can earn royalties from your tracks, providing a long-term revenue stream. This method is particularly appealing for those interested in the music industry but lacking traditional skills, as AI empowers them to express their creativity and build a successful career.
AI-Generated Art
AI design tools like MidJourney and Canva make it easy to create unique and visually stunning art. You can sell these designs as products through third-party sellers like Printery, tapping into the growing demand for AI-generated artwork. Focusing on niche markets can reduce competition and increase your chances of success, as you cater to specific tastes and preferences. This approach combines creativity with technology, offering a unique way to monetize AI and showcase your artistic vision.
AI automations can significantly improve business efficiency by streamlining repetitive tasks and optimizing workflows. Platforms like Zapier allow you to automate various processes, saving time and resources for businesses across industries. By targeting specific sectors and understanding their unique challenges, you can offer tailored solutions that meet their needs and deliver tangible results. This method requires some technical knowledge but offers substantial rewards for those willing to invest in developing their AI automation skills.
Providing AI integration advice is another profitable avenue. As businesses increasingly recognize the potential of AI to drive growth and innovation, they are seeking expertise to help them navigate this complex landscape. By offering consulting services, you can capitalize on this growing demand and help organizations harness the power of AI. Local businesses and startups are often in need of such expertise, making this a viable option for those with a background in AI and a keen understanding of its practical applications.
AI Education
Teaching AI tools and applications can be highly rewarding, both personally and financially. You can create courses or tutorials focused on niche AI tools, sharing your knowledge with a wide audience. Building a business around AI education allows you to make a positive impact while generating income, as you help others understand and harness the potential of AI. This method is ideal for those who enjoy teaching and have a deep understanding of AI technologies, as they can translate complex concepts into accessible and actionable insights.
Promoting AI products through affiliate marketing can generate commissions, providing a passive income stream. By focusing on high-quality products and recurring revenue models, you can maximize your earnings and build a sustainable business. It’s crucial to ensure the quality and relevance of the products you promote, as this helps build trust with your audience and establishes you as a reliable source of information. By consistently delivering value and promoting products that genuinely benefit your audience, you can achieve long-term success in affiliate marketing.
Monetizing AI offers numerous opportunities for beginners, regardless of their background or technical expertise. From content creation to investing in AI stocks, each method provides a unique way to generate income and build a successful business. By focusing on niche markets, producing quality content, and making strategic investments, you can leverage the power of AI for financial gain.
This AI business ideas guide offers a starting point and actionable steps to help you get moving on your AI monetization journey, empowering you to explore the vast potential of this transformative technology. As you embark on this exciting path, remember to continuously learn, adapt, and innovate, as the AI landscape continues to evolve at a rapid pace. With dedication, creativity, and a willingness to embrace change, you can harness the power of AI to achieve your financial goals and make a meaningful impact in the world.
Video Credit: AIGRID
Filed Under: AI, Top News
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising
Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions.
Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data
AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services.
The US and some of its allies just pulled off a milestone first by letting AI target enemies like it would in a war
The trial, led by the US Army, was the first time AUKUS members used AI in a simulated battlefield environment akin to a real conflict.
It looks like Sam Altman is dropping hints about OpenAI’s next big thing
Strawberry aims to give OpenAI’s tech autonomous internet navigation and deep research capabilities, according to a Reuters report.
3 in 4 workers say AI reduced productivity and increased workloads, survey finds
A recent survey found that workers were spending more time reviewing AI content or learning how to use the tools.
Everything we know about how finance giants are adopting AI, from Goldman Sachs to Blackstone
Finance’s biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce “grunt work.”
Tech 2024-08-07T18:58:33Z OpenAI’s brain drain isn’t a great look for Sam Altman
OpenAI is losing key members like cofounder John Schulman to rivals, adding to challenges in the AI market and trust issues for CEO Sam Altman.
A CMO tried Google’s AI tools and stopped using many of them
The executive has been using Google’s Performance Max, Smart Bidding, and Gemini. These are their findings.
AI was supposed to revolutionize customer service. Morgan Stanley’s interns aren’t buying it.
The bank surveys its interns on their technology habits and views. What they said about AI customer service is another warning for the tech industry.
Meta’s AI keeps pretending to be me and giving my phone number out to strangers
A weird tech glitch with the new Meta AI chatbot highlights the thorny legal and ethical issues facing AI today.
The GenAI jitters: Is there enough demand for $1 trillion in AI spending?
When you build a lot of new AI data centers, it’s very hard to undo that if end-demand turns out to be weaker than expected.
Tech 2024-08-02T21:09:15Z Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
Kamala Harris has friends in high-tech places as execs from Google, Netflix, and OpenAI organize a fundraiser for the Democratic presidential hopeful.
The New York Times and other top news sites block OpenAI’s new SearchGPT web crawling bot
The startup launched a new search engine last week. Some top publishers have already made clear that they want nothing to do with the new product.
Tech 2024-08-02T18:00:24Z Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment right now. But they say it’s worth the risk.
Why workers who lose their jobs to AI might not stay unemployed for long
The AI boom won’t follow the same path as the US’s manufacturing decline, an economist says. Workers will have a better chance of finding new jobs.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. CMO Insider 2024-08-01T20:59:29Z Play icon A circle surrounding a triangle pointing right. It indicates, “this type of media can be played.” How American Express, DoorDash, JP Morgan Chase, and more are using AI to improve business
CMOs from major brands reveal how their companies are using AI and its positive impact on the business.
Reddit has acquired an AI startup to beef up its ad business in a deal worth around $40 million
Reddit hopes its purchase of Memorable AI will boost the performance of advertising on its platform.
Meta scraps celebrity AI chatbots after less than a year, despite reportedly paying top creators as much as $5 million
Meta is shifting focus to its new AI Studio, which lets users create their own AI bots.
Amazon has discussed a ‘DoctorAI’ tool to automate routine healthcare tasks
In a leaked document from late 2023, Amazon’s One Medical team discussed their most disruptive ideas. One was a ‘DoctorAI’ large language model.
A CIO canceled a Microsoft AI deal. The reason should worry the entire tech industry.
The pharmaceutical company IT exec said Microsoft’s Copilot AI tools were not worth the extra money.
Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising
Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions.
Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data
AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services.
The US and some of its allies just pulled off a milestone first by letting AI target enemies like it would in a war
The trial, led by the US Army, was the first time AUKUS members used AI in a simulated battlefield environment akin to a real conflict.
It looks like Sam Altman is dropping hints about OpenAI’s next big thing
Strawberry aims to give OpenAI’s tech autonomous internet navigation and deep research capabilities, according to a Reuters report.
3 in 4 workers say AI reduced productivity and increased workloads, survey finds
A recent survey found that workers were spending more time reviewing AI content or learning how to use the tools.
Everything we know about how finance giants are adopting AI, from Goldman Sachs to Blackstone
Finance’s biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce “grunt work.”
Tech 2024-08-07T18:58:33Z OpenAI’s brain drain isn’t a great look for Sam Altman
OpenAI is losing key members like cofounder John Schulman to rivals, adding to challenges in the AI market and trust issues for CEO Sam Altman.
A CMO tried Google’s AI tools and stopped using many of them
The executive has been using Google’s Performance Max, Smart Bidding, and Gemini. These are their findings.
AI was supposed to revolutionize customer service. Morgan Stanley’s interns aren’t buying it.
The bank surveys its interns on their technology habits and views. What they said about AI customer service is another warning for the tech industry.
Meta’s AI keeps pretending to be me and giving my phone number out to strangers
A weird tech glitch with the new Meta AI chatbot highlights the thorny legal and ethical issues facing AI today.
The GenAI jitters: Is there enough demand for $1 trillion in AI spending?
When you build a lot of new AI data centers, it’s very hard to undo that if end-demand turns out to be weaker than expected.
Tech 2024-08-02T21:09:15Z Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
Kamala Harris has friends in high-tech places as execs from Google, Netflix, and OpenAI organize a fundraiser for the Democratic presidential hopeful.
The New York Times and other top news sites block OpenAI’s new SearchGPT web crawling bot
The startup launched a new search engine last week. Some top publishers have already made clear that they want nothing to do with the new product.
Tech 2024-08-02T18:00:24Z Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment right now. But they say it’s worth the risk.
Why workers who lose their jobs to AI might not stay unemployed for long
The AI boom won’t follow the same path as the US’s manufacturing decline, an economist says. Workers will have a better chance of finding new jobs.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. CMO Insider 2024-08-01T20:59:29Z Play icon A circle surrounding a triangle pointing right. It indicates, “this type of media can be played.” How American Express, DoorDash, JP Morgan Chase, and more are using AI to improve business
CMOs from major brands reveal how their companies are using AI and its positive impact on the business.
Reddit has acquired an AI startup to beef up its ad business in a deal worth around $40 million
Reddit hopes its purchase of Memorable AI will boost the performance of advertising on its platform.
Meta scraps celebrity AI chatbots after less than a year, despite reportedly paying top creators as much as $5 million
Meta is shifting focus to its new AI Studio, which lets users create their own AI bots.
Amazon has discussed a ‘DoctorAI’ tool to automate routine healthcare tasks
In a leaked document from late 2023, Amazon’s One Medical team discussed their most disruptive ideas. One was a ‘DoctorAI’ large language model.
A CIO canceled a Microsoft AI deal. The reason should worry the entire tech industry.
The pharmaceutical company IT exec said Microsoft’s Copilot AI tools were not worth the extra money.
Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising
Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions.
Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data
AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services.
The US and some of its allies just pulled off a milestone first by letting AI target enemies like it would in a war
The trial, led by the US Army, was the first time AUKUS members used AI in a simulated battlefield environment akin to a real conflict.
It looks like Sam Altman is dropping hints about OpenAI’s next big thing
Strawberry aims to give OpenAI’s tech autonomous internet navigation and deep research capabilities, according to a Reuters report.
3 in 4 workers say AI reduced productivity and increased workloads, survey finds
A recent survey found that workers were spending more time reviewing AI content or learning how to use the tools.
Everything we know about how finance giants are adopting AI, from Goldman Sachs to Blackstone
Finance’s biggest firms are considering how AI might impact jobs, how it could cut costs, and reduce “grunt work.”
Tech 2024-08-07T18:58:33Z OpenAI’s brain drain isn’t a great look for Sam Altman
OpenAI is losing key members like cofounder John Schulman to rivals, adding to challenges in the AI market and trust issues for CEO Sam Altman.
A CMO tried Google’s AI tools and stopped using many of them
The executive has been using Google’s Performance Max, Smart Bidding, and Gemini. These are their findings.
AI was supposed to revolutionize customer service. Morgan Stanley’s interns aren’t buying it.
The bank surveys its interns on their technology habits and views. What they said about AI customer service is another warning for the tech industry.
Meta’s AI keeps pretending to be me and giving my phone number out to strangers
A weird tech glitch with the new Meta AI chatbot highlights the thorny legal and ethical issues facing AI today.
The GenAI jitters: Is there enough demand for $1 trillion in AI spending?
When you build a lot of new AI data centers, it’s very hard to undo that if end-demand turns out to be weaker than expected.
Tech 2024-08-02T21:09:15Z Google, Netflix, and OpenAI execs are hosting a fundraiser for Kamala Harris
Kamala Harris has friends in high-tech places as execs from Google, Netflix, and OpenAI organize a fundraiser for the Democratic presidential hopeful.
The New York Times and other top news sites block OpenAI’s new SearchGPT web crawling bot
The startup launched a new search engine last week. Some top publishers have already made clear that they want nothing to do with the new product.
Tech 2024-08-02T18:00:24Z Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment right now. But they say it’s worth the risk.
Why workers who lose their jobs to AI might not stay unemployed for long
The AI boom won’t follow the same path as the US’s manufacturing decline, an economist says. Workers will have a better chance of finding new jobs.
Play Icon A triangle pointing right. It indicates that this type of media can be played or that the linked content is playable. CMO Insider 2024-08-01T20:59:29Z Play icon A circle surrounding a triangle pointing right. It indicates, “this type of media can be played.” How American Express, DoorDash, JP Morgan Chase, and more are using AI to improve business
CMOs from major brands reveal how their companies are using AI and its positive impact on the business.
Reddit has acquired an AI startup to beef up its ad business in a deal worth around $40 million
Reddit hopes its purchase of Memorable AI will boost the performance of advertising on its platform.
Meta scraps celebrity AI chatbots after less than a year, despite reportedly paying top creators as much as $5 million
Meta is shifting focus to its new AI Studio, which lets users create their own AI bots.
Amazon has discussed a ‘DoctorAI’ tool to automate routine healthcare tasks
In a leaked document from late 2023, Amazon’s One Medical team discussed their most disruptive ideas. One was a ‘DoctorAI’ large language model.
A CIO canceled a Microsoft AI deal. The reason should worry the entire tech industry.
The pharmaceutical company IT exec said Microsoft’s Copilot AI tools were not worth the extra money.
10 AI business ideas for beginners getting started with artificial intelligence
Have you ever wondered how people are making money with AI? You might be interested in a new guide created by the team over at AIGRID that discussed 10 ways to actually make money using artificial intelligence for beginners. With the rapid advancements in technology, AI has opened up a wealth of opportunities for financial gain. Whether you’re interested in content creation, AI-generated art, or investing in AI stocks, this guide will provide you with ten actionable strategies to get started.
AI Business Ideas 2024
Key Takeaways :
AI offers numerous opportunities for financial gain, even for beginners. Content creation using AI tools can generate income through ad revenue and sponsorships. Starting an AI-focused newsletter can be profitable through subscriptions and sponsorships. AI-generated music can provide long-term revenue through royalties. AI design tools enable the creation and sale of unique art products. Developing custom AI automations can improve business efficiency and offer substantial rewards. Consulting services for AI integration are in high demand among businesses. Teaching AI tools and applications can be a rewarding business opportunity. Affiliate marketing of AI products can generate commissions and build audience trust. Investing in AI-related stocks offers significant growth potential. AI-related crypto projects present high-return investment opportunities. Focusing on niche markets and producing quality content are key strategies for monetizing AI.
Artificial intelligence (AI) presents numerous opportunities for financial gain, even if you’re just starting out. This guide outlines ten practical methods to monetize AI, offering detailed insights into various strategies, from content creation to investing in AI-related stocks. Whether you have a technical background or are simply curious about the potential of AI, these approaches can help you generate income and build a successful business.
Content Creation
Creating content is a lucrative way to leverage AI. You can produce engaging videos on popular platforms like YouTube, TikTok, and Instagram. AI tools can assist in various aspects of the content creation process, such as:
Editing videos to enhance their visual appeal and storytelling Generating scripts to streamline the writing process and ensure consistent quality Optimizing content for search engines to increase visibility and reach a wider audience
By focusing on ad revenue and sponsorships, you can generate a steady income from your AI-powered content. Additionally, launching niche communities around your content can provide recurring revenue through memberships and exclusive content, fostering a loyal and engaged audience.
Here are a selection of other articles from our extensive library of content you may find of interest on the subject of starting SaaS businesses :
Newsletter-Based Content
Starting an AI-focused newsletter can be highly profitable AI business idea. Specialized newsletters on topics like MidJourney or ChatGPT attract a dedicated audience eager to stay informed about the latest developments in AI. You can monetize these newsletters through subscriptions and sponsorships, providing valuable insights and resources to your readers. Successful newsletters can also be sold for significant profits, making this a viable long-term strategy for those passionate about AI and content creation.
AI tools enable you to create high-quality music tracks without extensive musical knowledge. Platforms like Spotify allow you to distribute your music widely, reaching a global audience. Over time, you can earn royalties from your tracks, providing a long-term revenue stream. This method is particularly appealing for those interested in the music industry but lacking traditional skills, as AI empowers them to express their creativity and build a successful career.
AI-Generated Art
AI design tools like MidJourney and Canva make it easy to create unique and visually stunning art. You can sell these designs as products through third-party sellers like Printery, tapping into the growing demand for AI-generated artwork. Focusing on niche markets can reduce competition and increase your chances of success, as you cater to specific tastes and preferences. This approach combines creativity with technology, offering a unique way to monetize AI and showcase your artistic vision.
AI automations can significantly improve business efficiency by streamlining repetitive tasks and optimizing workflows. Platforms like Zapier allow you to automate various processes, saving time and resources for businesses across industries. By targeting specific sectors and understanding their unique challenges, you can offer tailored solutions that meet their needs and deliver tangible results. This method requires some technical knowledge but offers substantial rewards for those willing to invest in developing their AI automation skills.
Providing AI integration advice is another profitable avenue. As businesses increasingly recognize the potential of AI to drive growth and innovation, they are seeking expertise to help them navigate this complex landscape. By offering consulting services, you can capitalize on this growing demand and help organizations harness the power of AI. Local businesses and startups are often in need of such expertise, making this a viable option for those with a background in AI and a keen understanding of its practical applications.
AI Education
Teaching AI tools and applications can be highly rewarding, both personally and financially. You can create courses or tutorials focused on niche AI tools, sharing your knowledge with a wide audience. Building a business around AI education allows you to make a positive impact while generating income, as you help others understand and harness the potential of AI. This method is ideal for those who enjoy teaching and have a deep understanding of AI technologies, as they can translate complex concepts into accessible and actionable insights.
Promoting AI products through affiliate marketing can generate commissions, providing a passive income stream. By focusing on high-quality products and recurring revenue models, you can maximize your earnings and build a sustainable business. It’s crucial to ensure the quality and relevance of the products you promote, as this helps build trust with your audience and establishes you as a reliable source of information. By consistently delivering value and promoting products that genuinely benefit your audience, you can achieve long-term success in affiliate marketing.
Monetizing AI offers numerous opportunities for beginners, regardless of their background or technical expertise. From content creation to investing in AI stocks, each method provides a unique way to generate income and build a successful business. By focusing on niche markets, producing quality content, and making strategic investments, you can leverage the power of AI for financial gain.
This AI business ideas guide offers a starting point and actionable steps to help you get moving on your AI monetization journey, empowering you to explore the vast potential of this transformative technology. As you embark on this exciting path, remember to continuously learn, adapt, and innovate, as the AI landscape continues to evolve at a rapid pace. With dedication, creativity, and a willingness to embrace change, you can harness the power of AI to achieve your financial goals and make a meaningful impact in the world.
Video Credit: AIGRID
Filed Under: AI, Top News
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
10 AI business ideas for beginners getting started with artificial intelligence
Have you ever wondered how people are making money with AI? You might be interested in a new guide created by the team over at AIGRID that discussed 10 ways to actually make money using artificial intelligence for beginners. With the rapid advancements in technology, AI has opened up a wealth of opportunities for financial gain. Whether you’re interested in content creation, AI-generated art, or investing in AI stocks, this guide will provide you with ten actionable strategies to get started.
AI Business Ideas 2024
Key Takeaways :
AI offers numerous opportunities for financial gain, even for beginners. Content creation using AI tools can generate income through ad revenue and sponsorships. Starting an AI-focused newsletter can be profitable through subscriptions and sponsorships. AI-generated music can provide long-term revenue through royalties. AI design tools enable the creation and sale of unique art products. Developing custom AI automations can improve business efficiency and offer substantial rewards. Consulting services for AI integration are in high demand among businesses. Teaching AI tools and applications can be a rewarding business opportunity. Affiliate marketing of AI products can generate commissions and build audience trust. Investing in AI-related stocks offers significant growth potential. AI-related crypto projects present high-return investment opportunities. Focusing on niche markets and producing quality content are key strategies for monetizing AI.
Artificial intelligence (AI) presents numerous opportunities for financial gain, even if you’re just starting out. This guide outlines ten practical methods to monetize AI, offering detailed insights into various strategies, from content creation to investing in AI-related stocks. Whether you have a technical background or are simply curious about the potential of AI, these approaches can help you generate income and build a successful business.
Content Creation
Creating content is a lucrative way to leverage AI. You can produce engaging videos on popular platforms like YouTube, TikTok, and Instagram. AI tools can assist in various aspects of the content creation process, such as:
Editing videos to enhance their visual appeal and storytelling Generating scripts to streamline the writing process and ensure consistent quality Optimizing content for search engines to increase visibility and reach a wider audience
By focusing on ad revenue and sponsorships, you can generate a steady income from your AI-powered content. Additionally, launching niche communities around your content can provide recurring revenue through memberships and exclusive content, fostering a loyal and engaged audience.
Here are a selection of other articles from our extensive library of content you may find of interest on the subject of starting SaaS businesses :
Newsletter-Based Content
Starting an AI-focused newsletter can be highly profitable AI business idea. Specialized newsletters on topics like MidJourney or ChatGPT attract a dedicated audience eager to stay informed about the latest developments in AI. You can monetize these newsletters through subscriptions and sponsorships, providing valuable insights and resources to your readers. Successful newsletters can also be sold for significant profits, making this a viable long-term strategy for those passionate about AI and content creation.
AI tools enable you to create high-quality music tracks without extensive musical knowledge. Platforms like Spotify allow you to distribute your music widely, reaching a global audience. Over time, you can earn royalties from your tracks, providing a long-term revenue stream. This method is particularly appealing for those interested in the music industry but lacking traditional skills, as AI empowers them to express their creativity and build a successful career.
AI-Generated Art
AI design tools like MidJourney and Canva make it easy to create unique and visually stunning art. You can sell these designs as products through third-party sellers like Printery, tapping into the growing demand for AI-generated artwork. Focusing on niche markets can reduce competition and increase your chances of success, as you cater to specific tastes and preferences. This approach combines creativity with technology, offering a unique way to monetize AI and showcase your artistic vision.
AI automations can significantly improve business efficiency by streamlining repetitive tasks and optimizing workflows. Platforms like Zapier allow you to automate various processes, saving time and resources for businesses across industries. By targeting specific sectors and understanding their unique challenges, you can offer tailored solutions that meet their needs and deliver tangible results. This method requires some technical knowledge but offers substantial rewards for those willing to invest in developing their AI automation skills.
Providing AI integration advice is another profitable avenue. As businesses increasingly recognize the potential of AI to drive growth and innovation, they are seeking expertise to help them navigate this complex landscape. By offering consulting services, you can capitalize on this growing demand and help organizations harness the power of AI. Local businesses and startups are often in need of such expertise, making this a viable option for those with a background in AI and a keen understanding of its practical applications.
AI Education
Teaching AI tools and applications can be highly rewarding, both personally and financially. You can create courses or tutorials focused on niche AI tools, sharing your knowledge with a wide audience. Building a business around AI education allows you to make a positive impact while generating income, as you help others understand and harness the potential of AI. This method is ideal for those who enjoy teaching and have a deep understanding of AI technologies, as they can translate complex concepts into accessible and actionable insights.
Promoting AI products through affiliate marketing can generate commissions, providing a passive income stream. By focusing on high-quality products and recurring revenue models, you can maximize your earnings and build a sustainable business. It’s crucial to ensure the quality and relevance of the products you promote, as this helps build trust with your audience and establishes you as a reliable source of information. By consistently delivering value and promoting products that genuinely benefit your audience, you can achieve long-term success in affiliate marketing.
Monetizing AI offers numerous opportunities for beginners, regardless of their background or technical expertise. From content creation to investing in AI stocks, each method provides a unique way to generate income and build a successful business. By focusing on niche markets, producing quality content, and making strategic investments, you can leverage the power of AI for financial gain.
This AI business ideas guide offers a starting point and actionable steps to help you get moving on your AI monetization journey, empowering you to explore the vast potential of this transformative technology. As you embark on this exciting path, remember to continuously learn, adapt, and innovate, as the AI landscape continues to evolve at a rapid pace. With dedication, creativity, and a willingness to embrace change, you can harness the power of AI to achieve your financial goals and make a meaningful impact in the world.
Video Credit: AIGRID
Filed Under: AI, Top News
Latest Geeky Gadgets Deals
Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.