Best AI Tools to Make Money in 2024

The digital goldrush is here! 🥇🤖

Best AI Tools to Make Money in 2024
Table Of Contents
Show all

Ever wonder what the next gold rush looks like? Well, the secret is out—it's AI!

From big players like Amazon using AI to suggest the perfect products to families using smart budgeting apps, artificial intelligence is completely changing the game with the way we all earn money and save.

Imagine having a personal assistant that never sleeps, automating all your busy work and least favorite tasks, crunching data, and serving up insights to help you make better decisions.

If you’ve been curious about the market trends and how AI can boost your bank account, you’re in the right place. We've rounded up the top AI tools that are helping people rake in the cash and stay ahead of the curve. (Seriously, the AI industry is expected to reach trillions of dollars a lot sooner than you'd think)

And guess what? We’ve got a no-cost self-publishing training that spills the beans on how you can start making money online with AI and Amazon. Real people are cashing in right now without fancy degrees, tech skills, or business experience—just like you can!

Can I Use AI to Make Money?

Yup, anyone can use AI to make money these days. Seriously, anyone.

The early adopters are already using AI to make boatloads of money, and they're going to keep getting the biggest piece of the pie as others take years to catch up.

How are they doing it?

  • Content Creation (think social media posts, marketing copy, ads, podcasts, and videos)
  • Customer Service (think emails, chatbots, and phone calls)
  • Data Analytics (think statistics, engineering, infographics, and charts)
  • Automation (think scheduling emails, inventory management, and supply chain logistics)

We'll get into more examples later on in this blog post.

How Do You Use AI for Side Hustles?

There are two main approaches to using AI for side hustles ideas:

1. Using Ready-Made AI Tools (The Easy Way)

The first approach to make money with AI is to use existing ones to streamline your side hustle. This is the most common approach because it doesn't require any formal technical skills or training.

Here are some examples:

  • Freelance Writing: An AI writing tool like Jasper AI can help you generate high-quality articles, blog posts, and social media content quickly.
  • E-commerce: Use AI tools like Shopify's AI features to manage your online store, optimize product descriptions, and predict inventory needs.
  • Customer Service: Implement AI-powered chatbots like ChatGPT to handle customer inquiries, process orders, and provide support, freeing up your time for other tasks.

2. Building Your Own AI Tool (The Hard Way)

If you're tech-savvy and looking for a challenge, you can also create your own AI tool from scratch. Of course, it's a much more complex process and typically more expensive than using an existing AI assistant.

Here's what it requires:

  • Learn the Basics: Start with courses on AI and machine learning from platforms like Coursera or Udacity.
  • Choose Your Project: Decide what you want your AI tool to do—like automating a specific task or analyzing data for insights.
  • Gather Data: Collect the necessary data your AI will need to learn and make decisions.
  • Develop and Test: Use programming languages like Python and libraries like TensorFlow to build and test your AI tool.
  • Deploy and Optimize: Once your tool is ready, add it to your side hustle and keep optimizing it based on feedback and performance.

How to Use AI to Generate Passive Income & Recurring Income

Business Ideas

AI offers numerous ways to generate passive and recurring income.

Here are some ideas:

  • Automated Content Creation: Use AI writing tools to create articles, blog posts, or social media updates. Monetize this content through advertising, affiliate marketing, or selling premium access to unique AI-generated content.
  • Digital Art: Create and sell AI-generated digital art online.
  • Chatbots: Develop AI chatbots for businesses to provide customer support or sales assistance.
  • Online Courses: Use AI to create educational content for online courses.
  • Data Analysis: Help businesses with predictive analytics, pattern recognition, and data visualization for better decision-making.

AI Tool Recommendations

  • ChatGPT: A versatile AI tool by OpenAI for content creation, data analysis, and more.
  • Artbreeder: Combine images to create unique digital art, perfect for selling online.
  • Google Cloud AutoML: AI tools for text recognition, image analysis, and translation services.
  • TensorFlow: An open-source framework for building and deploying machine learning models.
  • Udacity: Learn AI concepts and tools through courses designed by industry experts to create your own AI-powered products and services.

The Best Way to Use AI to Make Money

Self-publishing on Amazon is at the top of the list of AI business ideas for a reason. It is a great way to make money using AI with a minimal upfront investment compared to most other online businesses.

It’s free to use Amazon Kindle Direct Publishing (KDP), and you don’t need any prior experience or to fill out complex applications to get started. All you need is a good idea!

How to Get Started with Self-Publishing and AI

  • Have a Great Idea: Start with a compelling story or useful information you want to share. Browse the existing library to see what topics are flying off the shelves and have a proven established demand.
  • Use AI Tools: Use AI platforms like Publishing.AI to help you write and edit your book in a fraction of the time it would normally take. These tools can act as your writing copilot, making the process faster and easier.
  • Outsource Writing and Editing Process: If you prefer, hire ghostwriters or editors to refine your content.
  • Format Your Book: Use AI-powered formatting tools to give your book a professional look.
  • Publish on Amazon KDP: Upload your book to Amazon KDP, and boom!
  • Earn Royalties: Amazon pays royalties directly to your bank account, easy peasy.

The catch? Every business requires an investment of time, money, or both. But with self-publishing, the payoff is the freedom to create and earn on your terms as you build your library.

What Users Are Saying About & the AI Publishing Academy

See for yourself what users are saying about our tool and why we're considered the best AI book writing software.

I just completed my first book. It was amazing! I only have a few modifications at first glance. 34k words. What I love most is that it's fairly complete without being overwhelming. I have two other books ready to go. Impressed so far! -Jan B.

My wife and I are very excited!!! We've each written, humanized, personalized, edited, and proofread our first manuscripts. I believe they are ready for publication! Love live the Twins! -Ochogo O.

I created my 1st manuscript with AI. I absolutely love it! I let it choose the tone, and it's perfect! -Trisha P.

I joined the program 5 days ago. I am a complete newbie to publishing. What a learning experience it has been so far! I've been through the modules and I have learned so much. I have spent most of my day today editing my manuscript. The AI program is phenomenal, but I did find it needed tweaking in some parts. However, I would never be where I am right now without using it first. It truly is remarkable, and I am so thankful for finding it and the program! -Stephanie W.

Other Ways to Make Money with AI

If publishing isn't your thing (though we hope you'll come around eventually), these are a few ways you can use AI technologies to generate income.

Freelance AI Consulting Services

Business Ideas

  • AI Strategy: Help businesses plan and implement AI with their specific audience or product.
  • AI Writing: Use AI tools to generate content quickly.
  • Data Analysis: Offer insights using AI-driven analytics.

AI-Powered Tools

  • ChatGPT
  • OpenAI GPT-3
  • Futurenda
  • IBM Watson Analytics

Chatbot Development

Business Ideas

  • General Customer Support: Create chatbots to handle inquiries and save businesses time and money.
  • E-commerce: Build chatbots for online stores to assist customers with finding products and completing purchases.
  • Lead Generation: Design chatbots to capture leads and collect contact information.
  • Marketing and Sales: Develop chatbots that engage users and upsell products or services.
  • Virtual Assistants: Create chatbots to help users with tasks, schedules, and reminders.

Artificial Intelligence Tools

  • ChatGPT
  • Chatsonic
  • Perplexity AI

Voiceover and Audio Services

Business Ideas

  • eLearning Platforms: Develop courses with professional-sounding AI-generated voiceovers.
  • Audiobooks: Turn books into captivating audiobooks with AI voice actors. (The technology isn't quite there to solely rely on AI here but give it another 6 months to a year. AI tech is moving at lightning speeds and WILL be the norm across every industry!)
  • Video Content: Enhance video editing, tutorials, or promotional content with AI-generated voiceovers.
  • Podcasts: Produce engaging podcasts with AI-generated speakers, offering new storytelling opportunities.

AI Tool Recommendations

  • MurfAI
  • Speechify
  • Synthesis

Leah is a student from our AIA community with a background in voice acting. Listen to her story here!

AI Web Design Business

Business Ideas

  • AI-Powered Web Design: Offer customized web design services using AI tools to quickly create stunning, functional websites tailored to client needs.
  • AI-Generated Graphics: Create unique graphics, illustrations, and animations with AI-driven tools to make websites more interesting for users.
  • Automated Content Generation: Provide AI-generated text to enhance website content, boosting search engine rankings and user experience.
  • UI/UX Optimization: Use AI algorithms to analyze user behavior and optimize interfaces for better engagement and conversions.

AI Software

  • Wix ADI
  • DALL·E
  • GitHub Copilot

Offer Writing Services

Business Ideas

  • Blog Content Creation: Provide engaging and high-quality blog posts for businesses and individuals.
  • Freelance Writing: Write for a variety of clients, from small businesses to large corporations.
  • Product Descriptions: Craft captivating and accurate descriptions for eCommerce products.

AI Tool Recommendations

  • ChatGPT
  • Copysmith
  • Gemini

AI Photography Enhancement

Business Ideas

  • Offer Photo Editing Services: Provide AI-enhanced editing, retouching, and restoration services for clients.
  • Create Personalized Products: Use AI-enhanced images to produce unique merchandise like posters, calendars, or photo books.

Photo Editing Tools & AI Tool Recommendations

  • Luminar Neo
  • Lensa
  • Elegant Themes

Sell AI-Generated Artwork

Business Ideas

  • Customized Portraits: Offer AI-generated portraits based on customer photos or create personalized family and couple portraits.
  • E-commerce: Set up an online store or use platforms like Etsy to sell your AI-generated artwork.
  • Digital Art Prints: Create high-resolution art for customers to download, print, and frame.
  • Collaborations: Partner with influencers or brands for exclusive AI-generated art collections.

AI Tool Recommendations

  • Artbreeder
  • Midjourney
  • DALL-E

AI-Powered Resume Writing

Business Ideas

  • Freelance Resume Writing: Offer services on platforms like Upwork or Fiverr, helping clients create standout resumes with AI tools.
  • Resume Writing Agency: Start your own agency using a team of writers and AI tools to meet the demand for high-quality resumes.
  • Resume Optimization Service: Use AI tools to review and optimize existing resumes, ensuring they pass applicant tracking system (ATS) filters and impress employers.

AI Tool Recommendations

  • Teal
  • ChatGPT
  • Kickresume

AI for Social Media Posts

Business Ideas

  • AI-Powered Content Creation: Use AI tools to create engaging content for your blog or website, boosting your online presence.
  • Social Media Management: AI platforms can schedule and publish posts or monitor brand mentions, streamlining your marketing efforts.
  • Competitor Analysis: Use AI to analyze competitors' strategies and adjust your own for better results.

AI Tool Recommendations

  • OwlyWriter AI
  • Cortex
  • Loomly
  • Sprout Social

Offer AI Translation Services

Business Ideas

  • Translation Agency: Use AI technology to offer more efficient translation services.
  • Translation Platform: Connect translators with clients, leveraging AI tools for a better experience for both parties.

AI Tool Recommendations

  • DeepL
  • ChatGPT 4o
  • Azure
  • Wordly

Stock Photography Sales

Business Ideas

  • Niche Collections: Create AI-generated images for specific industries like tech, healthcare, or travel.
  • Customized Images: Offer personalized images for businesses, bloggers, and designers.
  • AI Artwork: Combine your artistic skills with AI to sell digital art as prints or licenses.

AI Tool Recommendations

  • MidJourney
  • DALL-E
  • Canva Pro

AI-Powered Rental Property Management

Business Ideas

  • Automated Tenant Screening: Use AI to assess potential renters' creditworthiness and rental history quickly and accurately.
  • Predictive Maintenance: AI tools can predict when equipment and appliances might need maintenance, preventing costly problems.
  • Dynamic Pricing: AI algorithms can set competitive rental rates by analyzing market data and trends.

AI Tool Recommendations

  • TenantCloud
  • DoorLoop
  • MRI Software

Affiliate Marketing with AI

  • Personalized Content Creation: Use AI to create content that resonates with your target audience, driving conversions and increasing profits.
  • Website Optimization: Use AI tools to help your affiliate marketing website rank high on search engines and attract more visitors or manage paid advertising more effectively.
  • Audience Targeting: Implement AI to identify and target the right audience.

AI Tool Recommendations

AI-Curated YouTube Channel

Business Ideas

  • AI for Finance: Offer market analysis, predictions, and investment tips based on AI algorithms.
  • AI-Assisted Education: Produce educational content using AI to curate the most relevant information.

AI Tool Recommendations

  • Amazon Polly
  • Lumen5
  • Magisto
  • Tubebuddy
  • vidIQ

Automated Online Store

Business Ideas

  • AI for Product Recommendations: Use AI to offer personalized product suggestions to customers.
  • Print-on-Demand Services: Automate the printing and shipping of custom products.
  • Subscription Box Services: Utilize AI to curate and deliver personalized subscription boxes.
  • Dropshipping: Leverage AI to manage inventory and optimize shipping processes.
  • Digital Product Marketplaces: Use AI to recommend digital products based on customer preferences.
  • Customized Product Services: Offer AI-driven customization options for products.

AI Tool Recommendations

  • Prisync
  • Niche Scraper
  • Lokad

Licensing AI-Generated Music: Recommended AI Tools

Business Ideas

  • Background Music for Video Games: Create immersive soundscapes for video games using AI-generated music.
  • Royalty-Free Tunes for Filmmakers: Provide filmmakers with a library of AI-generated, royalty-free music.
  • AI-Powered Music Curation Service: Use AI to curate and recommend music tracks for various projects and clients.

AI Tool Recommendations

  • Amper Music
  • ORB Producer Suite 3
  • AIVA

AI Tools in Marketing and Advertising

Business Ideas

  • Personalized Ads: AI algorithms analyze user behavior, interests, and demographics to serve personalized ads.
  • Performance Monitoring: AI tools adjust campaigns in real-time to bring in higher ROI (Return On Investment).

Tool Recommendation:

  • Flick AI

AI-Powered Freelancing

Business Ideas

  • AI Writing Tools: Speed up content creation with ChatGPT and Grammarly. These tools help you brainstorm, draft, and edit faster while eliminating writer's block.
  • Personal Productivity Apps: Plan your workload with AI apps like Futurenda and ClickUp. These apps learn your habits and create a daily agenda tailored to you.

AI Tool Recommendations

  • ChatGPT
  • Grammarly
  • Futurenda
  • ClickUp
  • Asana

Creating AI Solutions (Develop Apps)

Business Ideas

  • Chatbots: Design conversational AI bots for customer service, support, or sales using platforms like Dialogflow and Zendesk.
  • Image Recognition: Develop tools to identify, categorize, or tag objects in images with tools like Clarifai or IBM Watson.
  • Text Generation: Build content generators for articles, social media posts, or other written tasks using AI tools like Jasper and GPT-3.

AI Tool Recommendations

  • Dialogflow
  • Zendesk
  • Clarifai
  • IBM Watson
  • Jasper
  • GPT-3

Monetization Strategies for AI Products

Once you’ve developed your AI product, here are some monetization strategies:

  • Freemium Model: Offer a free version with limited features and encourage users to upgrade for advanced capabilities or an ad-free experience.
  • Subscription Model: Charge users a recurring fee to access your service or app, ensuring stable, predictable revenue.
  • Pay-as-you-go Model: Allow customers to pay only for the services they use, tailoring billing to their needs.
  • Selling Data or Insights: Use the data generated by your AI app to provide valuable insights or analytics. For example, a fitness AI app could sell advanced workout analytics.
  • Advertising: Display ads from third-party networks like Google AdSense to monetize your app.

Lifelong Learning and Skill Development

Where to Learn More About AI

  • Online Courses: Platforms like Coursera, edX, and Udacity offer comprehensive courses on AI and machine learning taught by industry experts from leading universities and top companies/brands.
  • YouTube Channels: Channels like "Sentdex" and "Tech With Tim" provide accessible explanations and tutorials on AI concepts and projects.
  • AI Blogs and News Sites: Websites like Towards Data Science stay updated with the latest AI developments, trends, and applications.
  • Books: Consider reading books like "Artificial Intelligence: A Modern Approach" by Stuart Russell and Peter Norvig and "Deep Learning" by Ian Goodfellow, Yoshua Bengio, and Aaron Courville to get a better understanding of the basics.
  • AI Conferences and Webinars: Attend events such as NeurIPS, ICML, and AI Expo to learn from and network with professionals in the field.

Popular Online Platforms for AI Education

  • Coursera
  • edX
  • Udacity
  • Codecademy

Acquiring Skills in AI and Machine Learning

To maximize the benefits of AI and machine learning tools, focus on acquiring these key skills:

  • Programming Languages: Learn Python, R, and Java, commonly used in AI development.
  • Mathematics and Statistics: Understand linear algebra, calculus, and probability, the backbone of many AI algorithms.
  • Machine Learning Frameworks: Get familiar with TensorFlow, PyTorch, and Scikit-learn to build and deploy AI models.
  • Data Manipulation: Become proficient in handling and processing large datasets.
  • Deep Learning: Master techniques like convolutional neural networks (CNNs), recurrent neural networks (RNNs), and reinforcement learning.

Don't let this section scare you! These tips are for the rare people who want to fully immerse themselves in all the technical aspects of AI and build their own apps or software. NONE of this is necessary to use AI tools like ChatGPT or to start a side hustle like *hint* self-publishing.

Real People Making Real Money with AI-Powered Tools

Meet Taig and Anthony, two friends who decided to team up and dive into the world of self-publishing. With the help of AI tools, they’ve managed to earn over $10k per month from their books.

Kristen is living the dream as a college professor & counselor, business owner, mother, wife, author, & publisher, and she’s living proof that you can have it all! Listen to her talk about juggling it all here:

Cody started as a student with a passion for writing and turned into a publishing master, thanks to AI tools. Now, he's sharing his best advice and valuable tips for beginners looking to follow in his footsteps. Cody’s story is a testament to how anyone can achieve success with the right tools and guidance. He shares all his best advice and tidbits for beginners here:

These stories show that with a bit of determination and the right AI tools, anyone can turn their passions into profits.

What's stopping you from doing the same?

Embracing AI Doesn't Mean Turning Out Poor Quality Content

Worried that AI means low-quality, cookie-cutter content? Let’s clear that up.

One big misconception is that AI just churns out garbage. The truth? Garbage in, garbage out. The quality of AI-generated content depends on the input it gets. Give it clear, thoughtful prompts, and you’ll get high-quality, engaging content in return.

Another myth is that AI will replace your unique voice and style. Not true! AI tools are designed to enhance your creativity, not erase it. You’re still the mastermind behind the content; AI just helps streamline the process, so you can focus on crafting your story and message.

The best part? Anyone can do this! You don't need to be a tech expert or have years of experience. These AI tools are designed with beginners in mind, making it easy to create top-notch content.

Readers will always crave high-quality material, whether it’s human-made, AI-generated, or a blend of both because quality storytelling and valuable information never go out of style. Why not get paid for it?

Join our free webinar and learn how to use AI to turn ideas into $$$! 

Royalties calculator
Free Royalties Calculator: Instantly Predict Your Incoming Amazon Earnings
Calculate Now
The freedom shortcut
The Freedom Shortcut: Generate True Passive Income Online, Escape the 9-5, and Live Anywhere
Get Our Book
Free webinar
Free Webinar: Make Money on Amazon Without Selling Physical Products
Watch Free Training