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HOW TO MAKE MONEY USING CHAT GPT

7 steps to make money online using Chat GPT

By Shakir ShaikhPublished about a year ago 3 min read
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HOW TO MAKE MONEY USING CHAT GPT
Photo by BoliviaInteligente on Unsplash

Here's what Chat GPT says about making money with it.

ChatGPT, OpenAI's text-based artificial intelligence model, has grown rapidly in popularity. Within 5 days of its launch, it had 1 million users. The model has been trained with a large number of resources to respond to nearly any type of query.

Users from all over the world have been asking ChatGPT questions and posting the answers on social media in recent weeks. Continuing the trend, we asked ChatGPT today, "How to Make Money with ChatGPT in 2023?" Using ChatGPT, the AI model came up with seven ways to make money in 2023:

1. Creating chatbot applications based on the ChatGPT model and selling or licencing them to businesses or individuals. These chatbots could be used for customer service, virtual assistance, and a variety of other purposes.

2. Consulting or development services to assist others in incorporating the ChatGPT model into their own projects or products.

3. Creating and selling training data to improve the ChatGPT model's performance on specific tasks or industries.

4. Using ChatGPT to create unique and engaging content for social media, blogs, or websites, and then monetizing that content via advertising or sponsored posts.

5. Developing automated trading or investment strategies with ChatGPT and monetizing through trading or consulting.

6. Developing a subscription-based service in which users pay to use a ChatGPT-created chatbot for customer service, virtual assistance, or other tasks.

7. Provide a language model-as-a-service (LMaaS) model in which businesses pay to use your ChatGPT model for specific tasks such as language translation, text summarization, and more.

8.Affiliate promotion:- The AI model also pointed out that making money with ChatGPT would require an investment in time, resources and expertise.

9. Offer content editing services:- You can use the software to provide editing services in addition to writing services. ChatGPT makes it simple to edit articles, blog posts, and other written content.

10. Become a virtual tutor:- Many tutorial websites advertise part-time jobs answering questions from students about their academic courses. With a solid understanding of any of the fundamental subjects, you can use ChatGPT to create answers to questions posed by students, and then build your own answer to upload on those tutorial websites.

11. Find SEO keywords:- You can also offer Search engine optimisation (SEO) services to other content creation companies by requesting relevant keywords from ChatGPT. ChatGPT can be used to generate strong keywords, titles, and meta descriptions by providing the right instructions, increasing the visibility of the content on the internet. Simply ask ChatGPT for suggestions on title, intro, keywords, and so on for your desired topic.

12. Make a website or an app:- ChatGPT's coding abilities are well-known. This is the best thing since Stack Overflow for coders. ChatGPT can be used to create any type of useful tool, such as, but not limited to:

Converter of units

Loan amortisation calculator

Calculator for compounding interest

Calculator for Subscriptions

Convert cryptocurrency

13. Automation on YouTube:- Are you running out of YouTube ideas? Inquire with ChatGPT. There are several ways to make money on ChatGPT. One method is to use the platform to automate certain YouTube actions.

ChatGPT can be used to do the following:

Create a bot capable of interacting with YouTube commenters.

Discovering YouTube concepts and keywords.

Give YouTube the headline, and it will generate a list of relevant content.

Make YouTube scripts.

It’s important to note that making money with ChatGPT would require a significant investment in time, resources and expertise. Additionally, any commercial use of GPT-3 would require a paid API access from OpenAI. Please note that these are just possibilities and opportunities may change over time,” it said.

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