Fastest Dollar Money -making Application – Basil Chatha wants to earn “as much money as possible”. So last April, he asked ChatGPT to show him how to make a $1,000 fortune quickly without breaking the law. “I will do everything you say”, he wrote.
Holding up a handful of $20 bills, he promised to give TikTok viewers a daily progress report on his journey. The chatbot lays out a general strategy, suggesting he build an online business and use social media to get the word out. Chatha encourages viewers to subscribe.
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The productive artificial intelligence that underpins chatbots like ChatGPT has surprised and alarmed the public, as many argue that the software’s ability to compose poetry, write song lyrics or write movie dialogue will be lost. in the work of millions of people.
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It has also changed the nature of get-rich-quick schemes. Internet promoters are of the opinion that ChatGPT is a powerful technology that offers an attractive way to earn money quickly. Dozens of YouTubers and TikTokers specializing in personal finance content are now creating videos promoting one thing: Let ChatGPT do the business, while you sit back and get the freedom to make money.
But business and computer experts say that’s a wrong view of how artificial intelligence can help entrepreneurs. They say that almost any monetization method developed specifically by ChatGPT should be generic, because chatbots will update widely known techniques. In fact, the tools are very useful in helping people with real business ideas do the technical work of starting a company, such as writing a business plan, creating an income statement, or creating a marketing strategy.
Ethan Mollick, an associate professor at the Wharton School of Business at the University of Pennsylvania, said ChatGPT will not create a “billion dollar idea.” And the idea that humans could use AI to multitask and use it to make money is impossible because “that’s in the realm of things [AI] can’t do,” he said.
Financial experts urge caution in pouring money into ChatGPT sidegroups, but the people selling ideas are irresistible.
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“A lot of people are interested in using [ChatGPT] to make money,” Chatha said in an interview with the Washington Post. “But now the people who are really using this opportunity are the people who are the promoters who are teaching people how to use it.”
Last Thursday, a search of YouTube and TikTok turned up dozens of videos offering people ways to use artificial intelligence, software that creates text, videos and images based on data they feed, to earn thousands of dollars.
In a video, Philipe Reis, a popular YouTube influencer, proposed using AI to create children’s books that could be sold for $10 each. He asked ChatGPT to write a book for children aged 2 to 5 with “rymes [sic] and mythical creatures” and provide chapter titles.
The story centers on unicorns; to get the pictures, Reis asked ChatGPT to provide commands that could be given by AI picture maker Midjourney, which created several pictures of unicorns in the forest. The benefit of video is clear, he said.
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“The real opportunity is to grow my personal brand, grow channel subscribers and create awareness for my other businesses by helping people build businesses online,” Reis told The Post.
Internet entrepreneur Ishan Sharma said people can offer services on Fiverr, a freelance gig platform, and use ChatGPT or other AI tools to do real work. For example, Sharma suggested that YouTube viewers could volunteer to do voice work, but use voice clones to complete the work.
On Twitter and Discord, users have gathered around HustleGPT, where people give ChatGPT a limited budget, ask how to make the most money, act as a “human mediator” You follow his step-by-step advice and announce the results.
But business experts argue that many videos and tweets are designed to attract subscribers, generate funds and make the videos go viral – not to give good advice.
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Most of the YouTube and TikTok influencers interviewed did not disclose how much they earn from business ideas suggested by ChatGPT, but one said their YouTube channel earns $6,300 a month. The channel is dedicated to monetization strategies using artificial intelligence and standard tools.
After posting his TikTok video talking about ChatGPT as a money maker, Chatha said he received about $300 worth of funding per video. He did not accept the deal and it is unclear whether he made any money from the first video he posted on TikTok.
Mollick says ChatGPT works best when answering specific questions, such as how to write a business plan, write different ways to implement a marketing strategy or how to create a financial document, he added. Used in this way, technology can make sole proprietorships more accessible to people who can’t afford an expensive business school education or who have a hard time following instructions in a book, he added.
“Hustlers is about motivation, not ideology,” Mollick said. “But there are a lot of people who have ideas and don’t have a clear idea of how to proceed – and that’s what’s amazing about it.”
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Jayant Padhi, who runs a marketing agency in Bangalore, India, said in an interview that he has a clear idea of how to use ChatGPT in his business. He treats the tech like a “co-founder,” bouncing off their ideas but not asking them to come up with original ideas or asking them to make decisions.
But when he learned about HustleGPT challenges circulating online, he decided to join. He asked the chatbot about monetization and marketing strategies GPT-4 and got his advice when he told him to do a workshop.
Adapt the concept to discuss how people are using ChatGPT to create marketing content, training materials and job descriptions.
The chatbot suggested “creating buzz” by working with influencers to sell it. He sold 21 tickets in his class over three days for $121 each, earning $2,541. He doesn’t credit the chatbot that gave him the idea, but found it useful.
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“It’s like a helping hand,” he said. “It’s like an extension of my mind, or like a tool I can use to create anything I can think of, but nothing more.” Most or all of the products featured here are from our paid partners. This affects the products we write about and where and how the product appears on the page. However, this does not affect our rating. Our opinions are our own. Here is a list of our partners and how to find us.
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Sometimes you just have to roll up your sleeves and dig in. In an effort to find out if taking online surveys for money is worth the effort, we asked some writers to test other apps.
The results are shocking: It’s a lot of wasted time for very little pay. Now we admit, it was 2017, but a recent study of user feedback on the app store found that things haven’t changed much. Nobody got rich – but surprisingly few people complained about it.
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Maybe it’s not about making money taking surveys. People can express their opinions as time passes, small rewards become more profitable.
In our search for the most popular iOS apps to get paid to take surveys, we found these top apps:
All have over 100,000 reviews and 4-star ratings or better at the time of this writing.
Although many reviews of these apps admit that the payouts aren’t great, many users seem to enjoy taking surveys while earning pocket money.
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In 2017, three of us spent over 50 hours doing paid surveys and our combined earnings didn’t break $90.
So no, online surveys are not an effective way for us to earn money. (Go to the list or read on for our experience.
To be honest, taking paid surveys is easy and can actually be done at home if you have an internet connection. The sites we review are free and require no education or expertise. Depending on the website, surveys can be an easy – but pointless – way to earn a few bucks or frustrating free work.
Some sites pay more than others. We evaluate the sites that disclose the amount of money in each survey and match the appropriate ones. We fear sites that pay us with a confusing points system and send us surveys we rarely qualify for.
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Note that your stats and other factors determine your eligibility for the survey. The three of us conducting research in 2017 were single in our 20s living in urban areas. Depending on the survey, we may or may not be eligible participants. Your profile may lead to different results than ours.
Below is what we found
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