The AI Transformation (8 Strategies for Financial Success)


We just entered into a period that will go down as one of the most significant advances in technology in human history, and that is the A.I revolution. This presents a significant opportunity and in this article, I am going to help you understand this potential and I'm going to demonstrate some examples of how you can explore it.

If you are new to this website, we are actually about finance and self-improvement in general. On this website, you'll learn how to make money and anytime we can explore an opportunity, we take advantage. Anytime a new technology becomes popular, the people that are at the forefront of that technology can generate significant revenue when it gains popularity.

Think about the internet in the 90s, cryptocurrency in 2009 when it was created, think about NFTs when they first came out. With all of these industries, if you spotted those trends early and got in on it, you'd probably have earned profits, especially with crypto and NFTs.

AI is no different than any of these three. It's a new piece of technology and in my opinion, I think it's going to be bigger than all three of the technologies mentioned above. The point is that there are many ways to earn income by utilizing artificial intelligence.

I want you to imagine a world where instead of needing to google a question you have, you can ask your personal assistant that is an AI. And this personal assistant can go through thousands of words in a matter of seconds and compile the exact answer to your question in 15 seconds.

This personal assistant doesn't wake up at 9 am in the morning and it doesn't complain. It is there 24/7, it does not sleep, it does not charge you, it's extremely efficient and you can use it whenever you want. Imagine a world where you can automatically generate entire PowerPoint presentations with just a topic of what you're going for and a few keywords.

Imagine a world where you can create pictures, copy, or sales scripts or any sort of media you can think of without actually having to create it yourself. Well, I would like to say that all of your dreams have come true because we have just started living in that world. In this article, I'm going to list about 8 to 10 business ideas. Some of which I came up with on my own and some that are a little bit more popularized.

I will list 8 to 10 businesses that you can start exploring AI, and this article applies to all ages, all types of people. Whether you're an average person with no job and money and no skill, you can still utilize AI to earn income with a side hustle. Or if you're an experienced individual or an investor with around $500,000 sitting on the sidelines and you want to start a new company that utilizes AI, I also got some concepts that I put together at the end of this article.

You must have probably seen in the news across the internet and somewhere on Twitter where a lot of people are saying AI is going to replace a lot of jobs and honestly, if you ask anyone I don't think they will disagree. I think one of the interesting things about this is that AI didn't come to take the labor in terms of jobs like we thought it was 10 years ago.

In fact, it took the creative job first and all the people that work on the computer and all the people that work from home like bloggers and media creators are the individuals that are in danger. But what my point is, is that we all agree that AI is going to take over a ton of jobs in the coming years.

That just means that if you're reading this article, you need to stabilize your income and you need to be on the leading edge of this new technology so that you do not get left behind in the new world that we use AI in. There is one concept that I'm going to explain to you now that I want you to keep at the back of your mind while you're reading this entire article.

That concept is Value Enhancement. That is how the app, Lenza made a million dollars a day profit using value enhancement. I'm talking about all those people that put their AI avatars on their social media. If you don't know what Lenza is, it is an app that allows people to upload pictures of themselves and then Lenza will create AI avatars of the images in different formats.

Value enhancement is simply when you take something that has value, repackage it and make it more convenient for a certain demographic of people and then you sell it for more and keep the profit. It's like a digital dropshipping if that makes it easier to think about.

Here is an example for better understanding. Let's say you go and rent a boring old apartment for $2,000 a month and then you add all sorts of cool furniture and games in that apartment and list it on Airbnb where you end up making $4,000 a month. The apartment is still the same but you repackaged it and you're making more money from it.

Another example is Lenza. Lenza has been around for a while and what they did was they utilized OpenAI and the free abilities to create images using AI, repackaged it into a convenient app and it went viral. The generator or the actual thing that took your images and turned you into a cartoon version of yourself is a free tool.

Anybody else can access it but the only thing is that it is not as convenient as Lenza made it. Lenza took the source code for that AI, put it into the app and they created a front end that was easy to navigate, user-friendly and then they promoted it and it went viral.

They were making so much money and they had zero overhead. They did not have to pay the sources because it's completely free. So that's basically the concept, taking something for free and selling it for a profit. That's incredible and it's a brand new technology and if that interests you then this article is going to blow your mind because there are so many tools that you can utilize for free to make money so let's get into it now.

Most of you have heard of ChatGTP and the explosive increase in the popularity of AI in general over the last couple of weeks. ChatGTP is an A.I program that has been trained to use all the available information on the internet up until 2021 to answer your questions and execute your requests.

With this, you can find answers to just about any questions from book summaries to facts to literally correcting your writing or fixing your code. However, this isn't even the most powerful aspect of the program. With this publicly available AI, you can actually create text and images just like I mentioned above.

This has the ability to generate extremely complex work in such a little amount of time with no errors and it's exactly what smart and fast-acting entrepreneurs were able to capitalize on already. People are already coming up with brilliant ways of using this open-source free AI to simplify things like email copywriting and sales.

On the website acquire.com, many people have already sold not for AI businesses but also AI business ideas for multiple five-figure sums. And that's remarkable if you think about it because people don't have to create businesses using this AI, they are just coming up with ideas and selling the ideas.

If you have no money and you have no skills, you don't even have to create a business. You can just come up with an idea and go sell your idea. Sit down, drive up to the mountains, be creative and come up with ideas, write them down and who knows? Maybe someone wants to buy them for 10 grand.

Going back to ChatGTP, it's pretty remarkable if you haven't played with it already. It can basically do anything you ask for it to do and it's still pretty new of a tool. As they update it and as it learns, it's going to get smarter and even more efficient. People have taken this concept and upgraded it way further.

There is a kid that posted a video on YouTube and he was able to continuously work with indicators, that boosted his percentage profit until he got to the highest number he could. So this kid was able to come up with a trading bot while utilizing ChatGTP and telling it what to do and finally he had a bot that made him 17000% of returns. That's impressive.

That is turning a 1k into millions of dollars or tens of dollars. Anyways, I know you're at a point in this article where you're like "okay cool, that's a lot if money but how can I use this tool?". As an average everyday person, how can you make money reading this article. Well here are a few examples and we'll delve into it a little bit more as we go on.

1. Email Marketing/ Anything to do with words.

This sort of business or any sort of value that has anything to do with words. Whether it's sales, product descriptions, Ad copy descriptions, email marketing, blogging or anything in line with what I have mentioned above, you can utilize AI and start making money with it immediately. With the rise of AI power writing, many copywriters are going to have to decide to let the right robot write all the copy and edit what comes and hand it to their clients.

This will allow an email marketer to operate literally 10 to 50 times what they usually would and they will be able to get weeks worth of work done in minutes. Instead of needing to hire a ton of copywriters that are going to go partying once in a while, they are going to be late once in a while and they might make an error occasionally. You can just use AI 24 hours a day, 7 days a week with no errors that is cheap and free.

If you have any copywriting experience or if you have no experience and you want to get into copywriting or get to write emails for companies or individuals and charge 100%, you can easily utilize AI and you don't even need to hire any staff.

2. Thumbnail Design

This is still in the beginning stages but most big YouTubers employ thumbnail creators to make good thumbnails for their videos. In fact, I've heard rumors that Mr. Beast pays $10,000 for every video thumbnail. And I'm sure that he's going to be utilizing AI to generate some sort of creative content using these thumbnails soon.

With the use of AI and some basic Photoshop skills, now thumbnail creators can make much more creative images and easier because they can simply generate random images they want in the thumbnails and not have to spend hours drawing out their graphic design or editing and so on.

This opens up a new opportunity for people to utilize AI and make new styles of crazy thumbnails that have never been seen on the YouTube platform before that will surely work. Thumbnails that were generated by AI otherwise would have cost hundreds or thousands of dollars by designers.

So, if you are reading this article and you have an eye for art, you can partner up with AI and you can create a design agency for thumbnails that presents or provides very creative and high-quality thumbnails at a premium to YouTubers. And people like me will like to pay for something like that.

The important thing to know here is that thumbnail creation is not absolutely made for YouTube. This AI image generation can drastically increase how efficient things like logo designs in 3D rendering for ecommerce products or even video editing can be. Any sort of media editing or content creation, you can use this in a new creative style.

Every established business requires really good customer service and the usage of AI in this department can make an extreme amount of sense. First of all, an AI can process thousands of more conversations than any human ever could. This will obviously increase efficiency for how many people you have to hire for customer service for all of the business owners out there.

On top of this with AI, you can actually pick exactly what tone you would like them to take with the customers which can make your particular customer service experience more unique and special. Furthermore, AI is much faster than human at solving logistical issues like missing packages or payment issues or fraudulent issues.

If you utilize AI for customer service, you will effectively decrease the amount of people you'll need in your customer service department and that ultimately increases your profit. So if you are reading this article and you have a broad idea to be creative and utilize AI to make a customer service bot.

You can even hire a coder and create a front-end webpage where you can just hire one person to create a customer service experience like no other and offer it to companies that get hundreds of emails a day and charge them. You can easily turn that into a business and make a ton of money.

The biggest advantage of AI is going to be the speed at which things can be done and the lack of human error. As you read right now, the quality of work that comes from the AI might not be exceptional as you'll find at the highest level of human skill but I believe that it will get there. The amount of time and mental energy you can save is insane.

Utilizing ChatGTP and even other companies like copy.ai, I'm going to list some ideas that I came up with and you can turn them into businesses right now. First, you can start an Ad Copy Agency where you generate ad copy for companies that run a ton of ads on the internet and you can utilize ChatGTP.

If you have more money and you want to turn this idea into a powerful SARs that is all automated and just done by the download or by install, you can do that. In that case, you can create a Shopify app that people put in a certain ad copy and it says "hey, this is my target demographic, provide me 25 copies" and you can copy all those and spread them all on Facebook ads or TikTok ads and then you can find the winner.

You can create or start a YouTube Script Writing Agency. So you can write scripts utilizing AI for big YouTubers. You can make them more of a story like dramatic or have the AI use bigger words or make it sound professional. You can create your own agency with your own style and offer that service to big YouTubers.

You can have an Email Marketing Agency that is powered by AI or you can have a landing page optimizer where you go into people's website, take their text and rewrite it in the best style and increase their conversion rate. If you want to get really creative you can create an Email Assistant.

This will be more like a Google Chrome extension that you write an email and it basically highlights the email and you can tell ChatGTP what to do. This means that if you write an email and it sounds really bad with lots of mistakes, you can tell ChatGTP to rewrite it and make it look more professional. This will be done in 10 seconds with ChatGTP.

You can use this tool to automate and optimize various aspects of businesses, such as social media posting schedules, content creation for blogs and websites, product descriptions for e-commerce sites, and even legal document drafting. The possibilities are truly endless.

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  • BoostGrades
    BoostGrades 5 April 2023 at 00:35

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