AI is new and powerful.
Especially if you want toStart an online business.
The problem is that most people don't know how to use AI to build a profitable business.
I scoured Reddit, Twitter and YouTube for the best AI business ideas that can increase my income and allow me to earn at least $1000 per month.
From the best calls to action, product descriptions and SEO optimized articles to creating Etsy stickers and AirBnb welcome books with Midjourney.
Here is the list.
What are the best AI business ideas?
Here are the best AI business ideas to start this year with Midjourney and ChatGPT:
(The key AI tools these companies will need are:In the middle of the roadIChatGPT).
1. Sell AirBnb Welcome Books
Most AirBnb hosts have welcome books with basic AirBnb rules and instructions and how to get around the property.
They look like this:
I asked ChatGPT what should be included in this book and here are the results:
- Welcome message: Start with a warm and personal welcome message to greet your guests.
- Important Contacts: Provide contact information for the property owner or manager, including phone numbers, email addresses, and emergency contacts.
- House Rules: Clearly state any special rules or guidelines that guests must follow during their stay. This may include information about idle times, smoking policies, pet policies, and other important policies specific to your property.
- Check-in and check-out instructions: Provide detailed instructions on how to access the property, including directions, parking information and any required codes or keys. Also mention the check-out procedure, eg B. a place where you can leave the keys and a specific check-out time.
- Property Features and Amenities: Describe the features and amenities available at your property such as: B. Wi-Fi access, kitchen appliances, laundry facilities, entertainment systems, pool, fitness center, etc. Include any instructions or guidelines for their use.
- Safety information: Check that guests are familiar with the safety measures and equipment on the property, e.g. B. Fire extinguishers, first aid kits, emergency exits and emergency procedures.
- Local attractions and recommendations: Share information about nearby attractions, restaurants, shops, parks and other points of interest. Add maps, brochures or recommendations for guests to explore the area.
- Transportation options: Include details about public transportation, nearby bus or train stations, taxi services, or rental car companies to help guests navigate the area.
- Frequently Asked Questions: View and answer frequently asked questions from guests in this section. Cover topics such as parking, garbage disposal, recycling, heating and cooling instructions, etc.
- Cleaning Instructions: Provide instructions on how to maintain cleanliness during your stay, including instructions on waste disposal, laundry procedures, and other specific cleaning instructions.
- Troubleshooting and maintenance: Provide instructions for common problems such as Wi-Fi connection, TV or device usage, and what guests should do if maintenance or repairs are needed.
- Feedback and Review Requests: Encourage guests to provide feedback about their stay and write a review. Include instructions on how to write a review on the Airbnb platform.
You can use this outline to create a basic AirBnb welcome book templateCanva.
Once you have a showcase mockup, you can use it to create a landing page for that digital productShopifyorLohnausweis.
If you want to stop here, here it is - you can sell this template as a digital product.
But it probably won't bring in $1,000 a month.
We can push it further andMarket it as a "done for you" service that manages the booking for Airbnb hosts instead of them having to do it themselves:
- Use ChatGPT to create a survey about the most common questions AirBnb guests ask their hosts.
- When a customer purchases your service, use Google Forms to collect answers to these questions.
- Fill out the AirBnb welcome book template in Canva with their responses and send them the finished product.
I can charge anywhere from $100 to $500 per welcome book.
But how to find customers?
The best place to find clients for this type of business is LinkedIn or simply Airbnb.
You can message hosts on AirBnb and highlight the main problems a welcome book could solve for their business and offer them your service.
I asked ChatGPT to list the main problems Airbnb hosts can face if they don't have a welcome book:
- Lack of information: Without a welcome book, guests may not know important details such as how to operate appliances, WiFi access, heating or cooling instructions, or local emergency contacts. This can cause frustration and inconvenience for guests.
- Communication difficulties: Without a welcome book, hosts can be overwhelmed with constant messages and calls from guests asking for basic information.
- Missed Opportunities for Local Recommendations: Guests often appreciate recommendations on local attractions, restaurants, shopping or transportation. If they don't have a welcome book, hosts are missing out on an opportunity to improve their guests' experience and potentially earn positive reviews.
- Increased likelihood of misunderstandings: Clear guidelines and rules are essential to ensure a smooth and respectful stay for both guests and hosts. Without a welcome book, hosts may find themselves in situations where guests are unfamiliar with certain rules or guidelines, leading to misunderstandings or conflicts. This may include issues related to check-in/check-out times, parking policies, noise restrictions or guest restrictions.
- Higher maintenance and support requests: Without a welcome, hosts may have more maintenance or support requests. Guests can contact us for help with minor problems that they could solve themselves with the necessary information.
- Negative guest experiences and reviews: Frustrated or unhappy guests are more likely to leave negative reviews, negatively impacting the host's reputation and potential future bookings.
2. Do affiliate marketing with ChatGPT
The best thing about starting an affiliate marketing business is that it is passive.
How does it work:
- Create a WordPress website
- Write useful, actionable articles (using AI) on a very niche topic (aim for 100 articles of at least 1000 words).
- Add affiliate links to your blog posts and recommend products relevant to that niche
Over time, the website will rank on Google and drive organic traffic to your website. When people read your articles, they click on your affiliate links and you earn money.
The problem is that AI cannot do 100% of the work for this business model.
With the help of artificial intelligence, you can develop article ideas and create a rough first draft. However, you need to check the accuracy of the information because sometimes AI can make mistakes.
This business model is slow.
It takes a long time for a blog post to rank on Google, and you need a lot of them (around 100) to generate significant income.
But there is an advantage.
After all these articles are written, it is completely inactive for the next 5 or even 10 years.
All you need is 100 good, useful articleson a certain topic and after 1 year youcould easily make $1000 a month without having to write or do anything else.
The best tools to start this business:
- Hostinger– cheap hosting for your website
- JasperAI- An AI writing assistant specifically designed for writing text for blog posts, scripts and other marketing materials.
- SurferSEO– optimize articles for SEO with AI.
I encourage you to check out my entire listbest blogging toolsto help you start this business.
3. Sell half way stickers
It turns out that stickers are a big market. Especially on Etsy.
There are Esty stores that make $100,000 a year selling AI generated stickers.
Here's how to do it.
- Set in the middle of a trip.
- Use the command line to generate labels. For example: "/imagine strawberry stickers, cute, aesthetic, thick lines"
- Create and link an Etsy shopPrinted(Printful is a print-on-demand company that creates the labels you create and ships them directly to your customer without you having to lift a finger)
- Upload sticker designs to Esty
- Write SEO optimized headlines and label descriptions using ChatGPT.
When Midjourney AI is at full capacity, you can use the so-calledKittlto generate labels using AI.
The key to success with an Etsy shop is to look at what every successful shop is doing and do something similar. The volume of your inputs also plays an important role.
Here's what kind of images Midjourney AI can generate from a single response. That's crazy.
4. Build an AI software tool on Bubble
Blazedis a website where you can build software without using code.
You can use ChatGPT to come up with software ideas that solve a very specific problem for a specific demographic and use Bubble to build it.
Or maybe solve your own software problem.
If you have this problem, chances are thousands of other people have it too.
It's so crazy that today you don't even need to have any programming skills to build a successful software business.
5. Sell AI generated animal prints
People love their pets.
According toWorld Animal FoundationThe global pet supplies market is worth $261 billion.
Compare that to the laptop industry, which is projected to be worth $122 billion by 2023 (statesman).
The pet industry has more than doubled in size!
You know what else people love as much as their pets? They photograph their pets.
This is where this business idea comes into play.
Use the AI tool calledUnbound(It will create different variations of the image you upload) to create cartoon-like images of other people's pets.
How to do it:
- Place oneShopifysave and mergePrinted(print-on-demand service).
- Create a product page on Sopify it with a model of some pets.
- When a customer orders this product, ask for a picture and name of the pet.
- Use Unbound AI to generate different variations of their pet image.
- Import the image intoCanvaand add her pet's name above.
- Now all you have to do is upload this image to Printful where it will be printed, framed and shipped to the customer.
Here's a company doing exactly the same thing, attracting over 100,000 visitors a month to their website. With an average order value of $100 per piece, Print earns significant amounts every month.
6. Sell models (in the middle of the journey)
A mockup is basically just a ready-made template.
It is usually used to represent a product.
When someone buys a model, they usually get an editable file where they can replace placeholder text or an image on the model.
For example, you can replace the text in this coffee bag mockup with your own branding and publish those images on your coffee e-commerce website.
However, this side encounter requires some knowledge of Photoshop.
Of course, you can create non-editable models with Midjourney AI, but you need to make them editable with photo editing software.
Here's a middle-of-the-road query you can use to generate the model:
If you don't know how to do this, there are hundreds of tutorials on YouTube on how to make models editable.
Here's software you can use to customize AI-generated models:
Gimp- free photo editing software (which is a bit difficult to use)
Photoshop- the best photo editing software
Photopea– Free online Photoshop alternative
Here's a mockup on Etsy that has sold over 10,000 times:
7. Sell wedding stationery/invitations from a halfway house
People spend a lot of money on their weddings.
You want everything to look perfect.
It's herehow to create a responsive wedding invitation company using artificial intelligence:
- Create a wedding invitation template with Midjourney AI. You can use a simple query like "minimalist wedding invitation template".
- The results will most likely contain unnecessary scribbles that you want to remove. You can do this withPhotopeaThis is a free online alternative to Photoshop. Use the lasso tool to select the scribbles you want to remove -> go to Edit -> Fill -> select Content Aware under Fill -> click OK.
- Import the wedding invitation intoCanvaand add customizable elements like bride and groom's names and wedding date.
- Place oneEtsyorShopifyBuy wedding invitations as a digital product.
- After a customer purchases a product, request wedding information via Google Forms and then fill it out in Canva.
- Send the customer a wedding invitation. If you want to send a physical copy rather than a digital one, you can use thatPrintedcomplete this task. You create the wedding invitation and send it to the client.
8. Sell AI instructions
Instructions are the currency of artificial intelligence.
If you've used an AI tool before, you know that a query will cause the AI to generate a great result or a completely worthless result.
Best of all, you can collect great news from places like Reddit, Twitter, and YouTube, or make up your own and sell them
Knowing a good command line can save people or companies hundreds of hours of manual work.
You cando one thingconceptA site with the best AI guides and explanations of how to use and sell them as a digital productthroughLohnausweis(a place where you can offer digital products for sale for free)
In addition, you can collect or create AI queries for various professionals such as artists, bloggers, SEO experts, marketers or copywriters, as well as various AI models such as ChatGPT or Midjourney.
This can lead to numerous digital products tailored to each individual.
This meansYou can charge more because the more niche a product is, the more people are willing to pay for it.
9. Sell coloring books halfway through
- Generate coloring pages with Midjourney AI
- Combine them into a book with Canva.
- List the coloring book on Etsy.
- Write SEO optimized product description and title with ChatGPT.
10. Create thumbnails for YouTubers
- Build a thumbnail portfolio by copying other people's thumbnails yourself. You can present your portfolio on your own website. LearnHere's how to build a website without code.
- Introduce your thumbnail services to small creators (10,000-50,000 subscribers) viacold email.
- Create parts of the thumbnail using generative AI (you still need to learn how to use photo editing software and basic design principles to edit what the AI has created and add your own elements to the thumbnail).
Check out my guideHow to make funny YouTube thumbnailsher.
11. Sell clipart
Clip art is just a small digital graphic or image used to illustrate media.
- Generate clipart withKittle's AI feature.
- Etsy Clipboard Listing with ChatGPT to Create SEO Optimized Title and Product Description.
12. Sell Digital Paper (Midjourney)
This digital paper pack has over 3,733 reviews on Etsy. And only a small percentage of people leave a review when buying.
Digital paper is an image that has a repeatable pattern.
People buy digital paper patterns and print them on real paper to use anywhere.
Digital paper doesn't cost much, but the best part is that it's easy to create with Midjourney AI.
Most digital paper businesses put their work on Etsy because Etsy already has a built-in audience that wants to buy products.
This means you don't have to worry about marketing your digital products to other customers.
make sure thatAdd "–tile" to the end of your AI query to generate a seamless pattern.
13. Lists for sale (ChatGPT)
You can sell digital checklists and use ChatGPT to create them.
- Create a checklist for a specific persona or niche with ChatGPT.
- To do oneconceptpage with this checklist and publish it as a Notion website (free).
- List the Notion website for sale as a digital product atLohnausweis.
I asked ChatGPT to create a checklist for creating YouTube thumbnails. Here's what came out of it.
14. Generate stock photos for Shutterstock
Shutterstockis an online platform where you can buy licenses for millions of photos, videos, logos, templates and other storage assets.
The best part is that they have started allowing AI art to be listed on their website.
This means you can create AI images and get paid for them when people buy them as shares.
On Shutterstock, you can earn anywhere from 15% to 40% commission when one of your images or videos is downloaded.
Stock photos are a numbers game. The more you list and the higher quality they are, the more downloads you're likely to get.
Was this list of AI business ideas helpful?
Always remember that building a profitable online business, even with artificial intelligence, takes time and effort.
It's not a get-rich-quick scheme.
It requires patience and the ability to think long-term.
In order to establish a company, ratification must be delayed, ie.
With that in mind, I'm providing you with some great resources to help you start your first online business (either with or without AI):
The best online business ideas for a sole trader business model
How to build a legit website without code
How to start a YouTube channel and get the first 1000 subscribers
FAQs
What businesses you can start with AI? ›
- Launch your AI-driven fraud detection firm. ...
- Develop software to detect AI-generated content. ...
- Serve personalized education based on AI. ...
- Create AI-powered virtual health assistance. ...
- Develop an AI-based chatbot. ...
- Launch your e-recruitment automation application.
By leveraging the power of AI, startups can target crucial issues, streamline entire processes, and create new products and services. These can have significant impact not only on the state of the industry, but also on that of our world.
How to implement AI in business? ›- Identify Your Business Needs and Objectives. ...
- Choose the Right AI Solution. ...
- Develop a Data Strategy. ...
- Build Your AI Team. ...
- Train Your AI Model. ...
- Integrate the AI Model Into Your Operations. ...
- Monitor and Evaluate Performance.
Simply put, artificial intelligence refers to the ability of machines to learn and make decisions based on data and analytics. When used strategically, AI has the potential to make a tremendous difference in the way we go about our work.
Which field is most lucrative in AI? ›- Natural Language Processing Engineer. If you're particularly interested in human language, this job might be for you. ...
- Business Intelligence Developer. ...
- Robotics Engineer. ...
- Big Data Engineer. ...
- Machine Learning Engineer.
- Generate AI Content. Monetizing content is a popular way to make money online. ...
- Use AI for Web Design. ...
- Create Online Courses Using AI. ...
- Do Freelance Coding With AI. ...
- Become an AI Product Affiliate. ...
- Create and Market AI-Powered Products. ...
- Provide AI Integration Service. ...
- Offer AI Consulting Services.
Data monetization: AI companies can generate revenue by collecting, analyzing, and selling valuable data insights to clients, particularly if the AI company specializes in data-driven AI applications.
What is the average AI startup worth? ›According to PitchBook data provided to Fortune, the median pre-money valuation for generative A.I. firms soared to $90 million so far this year, based on nine deals PitchBook has tracked through March 29, up from $42.5 million for 2022.
Is AI good for making money? ›Selling online courses Using AI tools to train AI is a terrific method to make money. There are various steps you must take if you want to start offering AI courses online. To begin, select a digital course platform that is simple to use and offers a solid collection of features.
What are the 4 AI business strategies? ›- Low data and work complexity: The efficiency strategy.
- High data but low work complexity: The effectiveness strategy.
- Low data but high work complexity: The expert strategy.
Which of these is an example of AI in business? ›
Facial recognition technology
Facial recognition is used by many organizations and for a variety of reasons, including: U.S. government at airports. Law enforcement. Social media companies, such as Facebook.
AI projects typically take anywhere from three to 36 months depending on the scope and complexity of the use case. Often, business decision makers underestimate the time it takes to do “data prep” before a data science engineer or analyst can build an AI algorithm.
How to use AI in startups? ›- Predicting customer service issues.
- Identifying new prospects.
- Personalizing marketing based on customer preferences.
- Automating emails so they're sent when they're most likely to be read.
AI-run businesses are those that are operated entirely or largely by AI. These businesses can be extremely efficient and profitable, as they do not require employee wages or office space. In some cases, AI-run businesses can even outperform their human counterparts in terms of accuracy and efficiency.
How can AI be good for business? ›- Efficiency and productivity gains. ...
- Improved speed of business. ...
- New capabilities and business model expansion. ...
- Better customer service. ...
- Improved monitoring. ...
- Better quality and reduction of human error. ...
- Better talent management.
The advertising & media segment has garnered largest market share in 2022. The rising adoption of AI in the marketing applications has fueled the growth of this segment.
How much money can you make in AI? ›What is an average AI engineer's salary? Falling under the category of Computer and Information Research Scientist, AI engineers can earn an annual median salary of $131,490, according to the US Bureau of Labor Statistics [2].
Which AI jobs are in demand? ›- Artificial intelligence (AI) engineer. ...
- Machine learning engineer. ...
- Data engineer. ...
- Robotics engineer. ...
- Software engineer. ...
- Data scientist.
- Project planning. ...
- Choose your IT infrastructure solution and technology stack. ...
- Estimate your project. ...
- Onboard your development team. ...
- Prepare data for training and testing the proposed AI crypto trading bot. ...
- Design and implement a robust information security solution.
As per the report, AI specialists, even with just engineering and masters-level degrees, and few years of experience, can be paid from $300,000 to $500,000 a year or more in salary in Silicon Valley.
What's the best AI image generator? ›
AI art generator | Price | Output speed |
---|---|---|
Bing Image Creator | Free | Fast |
DALL-E 2 by OpenAI | Free + Credits (depends on sign up date) | Fast |
Dream by WOMBO | Free + Subscription | Fast |
Craiyon | Free | Slower |
The cost of artificial intelligence ranges between $6,000 to $300,000 for a custom solution, with the price varying based on multiple factors. That said, you can pay for AI at a cheaper rate, though those are typically pre-built services that have limits on customization.
Who pays OpenAI? ›OpenAI is funded by 12 investors. Thrive Capital and Andreessen Horowitz are the most recent investors. OpenAI has raised a total of $100M in a single venture fund, OpenAI Startup Fund . This fund was announced on May 26, 2021 and raised a total of $100M . OpenAI has made 3 investments.
How many AI startups fail? ›85% of AI Startups Will Be Out of Business in 3 Years, Major Investor Says. Artificial intelligence will shake up many professions, but many AI startups are likely to fail, as tech startups did during the dot-com bubble, a key VC investor says.
How much will AI be worth in 2030? ›According to Next Move Strategy Consulting the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars. The AI market covers a vast amount of industries.
How much will the AI industry be worth 2025? ›UBS predicted that the artificial intelligence hardware and services market will hit $90 billion by 2025. It was worth around $36 billion in 2020, per IDC and Bloomberg Intelligence data.
Is AI in high demand? ›There are predictions that AI will create 97 million new jobs by 2025 – and many businesses are struggling to find qualified people that can create, train and maintain AI and ML systems. For those considering a career change, we've identified eight roles within AI that will be in high demand in the coming years.
Are AI skills in demand? ›Every skill category related to AI saw an increase in demand from 2010 to 2022. Some of the most in-demand AI skill clusters in 2022 were machine learning, seeing a 1% increase in growth since 2010, artificial intelligence at 0.6%, and natural language processing at 0.20%.
How to make money with AI in 2023? ›- Freelance Copywriting. This is perhaps the most obvious way of making money online with generative AI, but it's also hugely lucrative. ...
- Freelance Coding. ChatGPT, and other AI LLMs, can also be used for coding! ...
- Web Design. ...
- Kindle Direct Publishing. ...
- Video Creation.
In this fun one-hour class, students will learn about the Five Big Ideas in AI (Perception, Representation & Reasoning, Learning, Human-AI Interaction, and Societal Impact) through discussions and games.
What are the 3 C's of AI? ›
Any Intelligent system has three major components of intelligence, one is Comparison, two is Computation and three is Cognition. These three C's in the process of any intelligent action is a sequential process.
What are the big 5 in AI? ›Given the success of existing companies with new epochs, the most obvious place to start when thinking about the impact of AI is with the big five: Apple, Amazon, Facebook, Google, and Microsoft.
What jobs can AI replace? ›Tech jobs such as software developers, web developers, computer programmers, coders, and data scientists are "pretty amenable" to AI technologies "displacing more of their work," Madgavkar said.
What company uses the most AI? ›IBM Cloud. IBM is a leader in the field of artificial intelligence. Its efforts in recent years center around IBM Watson, an AI-based cognitive service, AI software as a service, and scale-out systems designed for delivering cloud-based analytics and AI services.
What is the most advanced AI today? ›Open AI — ChatGPT
GPT-3 was released in 2020 and is the largest and most powerful AI model to date. It has 175 billion parameters, which is more than ten times larger than its predecessor, GPT-2.
The rate of AI project failure to be at around 70-80%. According to Gartner, 85% of Machine Learning (ML) projects fail. According to TechRepublic, 85% of AI projects eventually fail to bring their intended results to the business.
Can I learn AI in 3 months? ›3 months to complete
Learn to write programs using the foundational AI algorithms powering everything from NASA's Mars Rover to DeepMind's AlphaGo Zero. This program will teach you classical AI algorithms applied to common problem types. You'll master Bayes Networks and Hidden Markov Models, and more.
Extensive Programming: AI requires intensive programming. You need to learn coding to program computers to make decisions for themselves. Data Proficiency: Machines need a lot of data to learn from to become proficient at a task. This can be difficult to obtain, especially if you're starting out.
Where should I start with AI? ›You can learn artificial intelligence by taking an online course or enrolling in a data science bootcamp. Many bootcamps provide an introduction to machine learning. Machine learning is a tool that AI uses that involves exposing an algorithm to a large amount of data. It allows the AI to learn faster.
What can I work with AI? ›- Artificial intelligence (AI) engineer. ...
- Machine learning engineer. ...
- Data engineer. ...
- Robotics engineer. ...
- Software engineer. ...
- Data scientist.