15 Best Ways to Make Money with AI in 2024

by Daniel HarrisJune 29, 20246 minutes read

The potential to earn money with artificial intelligence (AI) is enormous. AI technology offers a variety of profit-making avenues for businesses and freelancers. Whether as a primary occupation or a side job, from content creation to application development, to social media management, AI can significantly improve efficiency and reduce costs. This article will explore 15 ways to make money with AI, suitable for people with various skill levels and interests.

1. AI Writing Services

AI writing services can provide rapidly generated text for blogs, news articles, social media content, and more. With AI tools, you can generate a large volume of content in a short time to meet the needs of different clients. These tools can not only generate text but also perform SEO optimization to ensure content ranks better in search engines.

Tool Recommendations:

● Jasper AI: Offers high-quality content generation and editing.

● Copy.ai: Simplifies the creation and optimization of SEO content.

● Grammarly: Provides writing assistance and grammar correction.

2. AI Copywriting

Copywriting is a key link in marketing. AI copywriting tools can analyze market trends and the preferences of the target audience to generate copy that aligns with the brand's tone. These tools can help you quickly create eye-catching advertising copy, social media posts, and sales pages to improve conversion rates.

Tool Recommendations:

● Clearscope: Focuses on SEO copywriting.

● Acrolinx: Provides content optimization and brand consistency checks.

3. AI Coding Tools

AI coding tools help developers improve development efficiency by offering code completion, error detection, and automated testing. These tools can understand the developer's intent, providing real-time code suggestions, reducing development time, and improving code quality.

Tool Recommendations:

● GitHub Copilot: Provides code completion and automated testing.

● DeepCode: An AI-driven code review tool.

4. AI Management of Paid Advertising

AI advertising management tools can analyze advertising data, optimize advertising strategies, and achieve a higher return on investment (ROI). Through machine learning algorithms, these tools can predict the best times for advertising and the target audience, enhancing the relevance and effectiveness of the ads.

Tool Recommendations:

● Acquisio: An AI-driven advertising optimization platform.

● Optmyzr: Offers advertising automation and optimization.

5. CRM and Sales Consulting

CRM and sales consulting services can automate the sales process through AI tools, from prospecting to sales conversion. AI can analyze customer data, predict sales trends, and provide personalized sales strategies to help businesses better manage customer relationships.

Tool Recommendations:

● Salesforce Einstein: An AI-driven sales and customer relationship management tool.

● HubSpot Sales: Offers sales automation and analytics.

6. AI Photo Editing Services

AI photo editing tools can automatically identify issues in images and provide one-click solutions such as background removal, color correction, and image enhancement. These tools can also help batch edit a large number of images, providing high-quality visual materials for e-commerce websites or social media content.

Tool Recommendations:

● Adobe Photoshop Lightroom: Offers AI-driven photo editing and organization.

● Luminar AI: Simplifies the photo editing process.

7. AI Music and Audio Editing

AI music generators can quickly compose music tracks according to specified styles and moods, providing customized musical backgrounds for videos, games, or other media projects. AI audio editing services can optimize sound quality, eliminate noise, and adjust volume balance to ensure the professionalism of audio content.

Tool Recommendations:

● AIVA: An AI music composition and generation tool.

● Descript: Provides audio editing and transcription services.

8. AI Translation Services

AI translation tools can quickly translate large volumes of text. Although human proofreading may be needed to ensure accuracy, they offer an efficient preliminary translation process. Combining AI with human translation can provide a fast and cost-effective translation service.

Tool Recommendations:

● Google Translate: Offers multilingual translation services.

● DeepL: Known for high-quality translations.

9. AI SEO Services

AI SEO tools can analyze website content, suggest optimization improvements, and help websites rank better in search engines. These tools can also monitor competitors' SEO strategies and offer suggestions for improvement.

Tool Recommendations:

● SEMrush: Provides comprehensive SEO analysis and optimization advice.

● Moz: Offers SEO tools and learning resources.

10. AI Chatbots

Businesses can use AI chatbots to provide 24/7 customer support, answer frequently asked questions, collect user feedback, and guide users through the purchasing process. Chatbots can improve customer satisfaction while reducing the cost of customer service for businesses.

Tool Recommendations:

● Chatfuel: Offers chatbot creation and management tools.

● Tars: An AI-driven chatbot platform.

11. AI Social Media Management

AI social media management tools can automate content posting and scheduling, analyze user engagement, and optimize posting times. These tools can help brands manage their social media presence more effectively and increase user engagement.

Tool Recommendations:

● Sprout Social: Provides social media management and analytics.

● Hootsuite: A social media management platform.

12. AI Video Editing

AI video editing tools can automatically identify key frames in videos and provide automatic editing and transition effects. They can also recommend suitable music and sound effects based on the video content, quickly creating professional-level video content.

Tool Recommendations:

● Adobe Premiere Pro: Offers AI-driven video editing capabilities.

● Magisto: AI video editing and creation tool.

13. AI-Empowered Affiliate Marketing

AI can help affiliate marketers analyze market trends, recommend popular products, and create compelling content to attract potential buyers. AI can also help optimize email marketing campaigns to improve click-through rates and conversion rates.

Tool Recommendations:

● VigLink: Offers AI-driven affiliate marketing solutions.

● Impact: An affiliate marketing platform.

14. AI-Generated Art

AI art generators can quickly create unique works of art based on user instructions. These works can be sold as digital art or printed on various media such as canvas, T-shirts, phone cases, etc.

Tool Recommendations:

● DALL-E 2: An AI art generator.

● Artbreeder: An AI art creation platform.

15. AI Web Design Business

AI web design tools can help designers quickly create website layouts and visual elements, providing personalized web design services. AI can also offer customized web design suggestions based on user behavior and preferences.

Tool Recommendations:

● Wix ADI: An AI web design tool.

● The Grid: An AI-driven web design platform.

Conclusion

Tips for making money with AI include:

● Focusing on specific tasks to maximize the utility of AI.

● Understanding that tools are just means to complete tasks, not guarantees of automatic earnings.

● Recognizing that real profits come from hard work and experience accumulation.

● Receiving rewards by creating real value.

AI technology offers multiple possibilities for making money, but the key to success lies not in the tools themselves but in how to use these tools to provide value. Whether by improving efficiency, creating unique content, or providing professional services, AI is a powerful assistant. Remember, AI is a tool to enhance human capabilities, not a replacement. By continuously learning and practicing, you can use AI to make profits in various fields.