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7 Ways to Earn Money with ChatGpt
With the advent of technology, diverse artificial intelligence (AI) tools and chatbots are appearing in 2023. Among them, the text-based artificial intelligence chatbot, ChatGPT, has attracted millions of users worldwide. Although many feel apprehensive about ChatGPT replacing human workers, it has some benefits too. This chatbot can quickly respond to almost all types of queries and provide answers and materials. This efficient AI model can facilitate a lot of tasks that would make earning money easier.
What is ChatGPT?
ChatGPT is an AI chatbot developed by OpenAI and launched as a prototype on November 30 in 2022. This model was built on top of the GPT-3.5 language mode which was fine-tuned using supervised as well as reinforcement learning techniques. The latest version of ChatGPT based on GPT-4 was released on March 14, 2023. This version is available only for paid subscribers only.
Read More: ChatGPT by Open AI: All you need to know
7 Ways to Earn Money through OpenAI’s ChatGPT
Affiliate marketing
Affiliate marketing is a passive earning method that involves promoting a certain product or service on online platforms like websites, blogs, or social media. Here the promotion is done through articles, product reviews, audio, video, or other audience-building mediums. Affiliate marketers earn commissions on the sales purchased through their leads or affiliate links.
ChatGPT can be utilized to develop articles and videos. However, to avoid strikes on YouTube and other online platforms, copyright rules should not be ignored.
Read More: Ways of Affiliate Marketing while Staying in Bangladesh
Blogging and AdSense
Those who have a passion for writing can start blogging on a specific niche like sports, lifestyle, music, cooking, parenting, food recipes, technology, etc. ChatGPT can help cut down the time to research specific topics and produce content. However, the content should be well-researched and plagiarism-free, while offering something new that others are not. Duplicate or similar content will be penalized by search engine operators.
After uploading around 20 to 30 pieces of content, the blog can be submitted for Google AdSense. Once Google AdSense is approved, the blogger can earn through CPC (pay-per-click).
Read More: Monetizing Your Blog: How to Make Money from Blogging
Software Development
ChatGPT AI model has coding and programming skills. Using ChatGPT, programmers and software engineers can design easy-to-use software, apps, and online tools that they can sell or earn commissions from.