The gig economy is being supercharged by ChatGPT and other AI tools, and it’s time you learn how to … [+]
Contributing an astounding $1.27 trillion to the U.S. economy and comprising an estimated 38% of the U.S. workforce—a figure that is set to steadily rise as flexible working becomes the norm and younger generations enter the workplace—side hustles as alternative or supplementary employment are nowhere near decline. In fact, they are becoming supercharged with the arrival of ChatGPT.
Estimates from analysts at Statista suggest that by the year 2027, more than 86 million U.S. workers will be freelancing, forming 50.9% of the total U.S. workforce alone. This is in line with the regular growth rate we have been witnessing over the years. However, that number might fall short of the actual figure, as since ChatGPT is being used increasingly, the number of side hustles that are being undertaken by professionals worldwide is also increasing.
ChatGPT is effective for those considering freelancing opportunities, because it helps remove initial barriers to entry such as time, financial resources, and brain capital.
However it must be noted that, although developed by humans, it does not have human common sense and is liable to factual error, misinformation, and what is known as “hallucinations.” This makes it essential to already be a subject matter expert or knowledgeable about the field you wish to monetize as a side hustle, so that you can easily detect inaccuracies from the chatbot, and edit and customize the results it generates to make it truly your own, using your human inputs, expertise, and personality.
In this way, ChatGPT only forms the skeleton of your work—not its entirety. Using ChatGPT solely to produce your work is cheating your clients, because they can get the same service if they use it themselves. So, be careful to ensure that you humanize the entire process.
With that caveat in mind, below are three easy ways to make money using ChatGPT’s capabilities:
1. Writing E-Books
ChatGPT is a fantastic tool for quickly writing e-books which you can then sell on platforms such as Amazon. To get the quality content you need for your e-book it’s best to create a series of smaller prompts for each section of your book, rather than hand ChatGPT a generic prompt such as: “Write a book about how to start software engineering.”
For example you could begin by prompting it with:
“I’m writing a book on [name of subject]. Suggest some captivating/humorous/eye-catching book title ideas.”
“Give me the outline for a book about [name of subject].” And then follow this up with, “Write the content for chapter one.”
2. Lesson Planning
ChatGPT is also an invaluable resource if you are a teacher or tutor. You can use it to help you plan and design lessons creatively for your tutoring side hustle; you can even ask it to generate tests, worksheets, activities, and other learning materials based on the content you give it or train it on. And from this, you can make money selling your lesson plans and lesson plan templates to other teachers, via platforms such as Teachers Pay Teachers.
3. Faceless YouTube Channel
Did you know that you don’t need to have a camera to start a profitable YouTube channel to generate passive income from your expertise or passion? If you are camera shy, you don’t even need to worry about that because you can still launch an edutaining channel using AI.
First, decide on what your channel theme and main focus topic will be. Who you are trying to attract to your channel, what are their burning questions, and what do they need to know right now? Once you do the groundwork and research to identify a profitable channel idea, you can create scripts for informative videos generated by ChatGPT, and use an AI video tool to create video scenes to go in line with the script. You can even use AI voiceover tools so you don’t need to be seen or heard at all.
AI helps aspiring freelancers unleash their potential without barriers to entry such as lack of … [+]
Which idea are you going to try this year? What side hustle will you launch with the help of ChatGPT, to rock the world with greater impact faster, and earn significant money at the same time?
Source: 3 ChatGPT Side Hustle Ideas In 2024
