How to Make Money Using AI Tools? [14 Best Ways & Top Tools]

Harshit Ahluwalia 12 Jul, 2024
9 min read

Introduction

In the modern world, technology enables us to accomplish incredible feats, with Artificial Intelligence (AI) being a particularly thrilling aspect of this progress. AI tools are opening up fresh opportunities for individuals to earn money, regardless of whether they are business owners or seeking additional sources of income. Our guide demonstrates how you can use AI tools to make money in 14 ways. In this article we are talking about how to make money using ai and how you can use it by different platforms.

How to Make Money Using AI Tools?

Is it Easy to Make Money Using AI Tools?

There are many possibilities in the field of artificial intelligence! Whether you’re seeking AI solutions for financial gain in your business or are interested in profiting from AI technology personally, numerous thrilling opportunities are available. You can use AI to make money without being a large corporation or a technology expert. By utilizing creativity and clever tactics, individuals can discover ways to earn money through artificial intelligence and how to generate income with AI.

In this piece, we will discuss 14 effective methods for utilizing AI tools to generate passive income through artificial intelligence, enhance your abilities, and discover fresh ways to make money.

Offer Writing Services with AI Writing Tools

AI-driven coding helpers can assist with auto-filling code, troubleshooting, and producing standard code templates. This enables you to create applications more quickly and with reduced mistakes. Below are a few AI programming tools worth investigating: 

  • TabNine: TabNine is an AI-powered code autocompletion tool that uses a deep learning model to predict and suggest code completions as you type. TabNine can generate code snippets based on patterns it learns from large codebases, making it a valuable tool for auto-filling code and increasing developer productivity.
  • DeepCode: DeepCode is an AI-powered static code analysis platform that helps developers identify and fix issues in their code. DeepCode’s AI engine can identify potential problems, security vulnerabilities, and performance issues, enabling developers to troubleshoot their code more efficiently.

Develop Apps with AI Coding Tools

AI-powered coding helpers can assist with tasks such as code suggestion, troubleshooting, and producing boilerplate code. This enables you to create apps more quickly and with reduced mistakes. Below are a few AI programming tools to investigate: 

  • GitHub Copilot: GitHub Copilot works with popular coding environments, such as Visual Studio Code, to propose code snippets and functions. A subscription to GitHub Pro or Enterprise must be paid for. 
  • Tabnine: Provides AI assistance in code completion, auto-imports, and context-aware suggestions across different programming languages. (Free and Premium Options) 
  • Deepcode: It reviews code and performs static analysis to detect possible bugs and security weaknesses. (Plans available at no cost and with fees) 

Manage Paid Advertising with AI

AI can enhance paid advertising efforts on platforms like Google Ads and Facebook Ads. These instruments examine data and user actions to improve targeting, budgeting, and ad content, resulting in a higher ROI. Listed below are a few well-known advertising management tools that AI powers. 

  • Google Ads Smart Bidding): Google Ads Smart Bidding is a set of automated bidding tactics that leverage machine learning to enhance ad expenditures for conversions. It is complimentary with a Google Ads Account. 
  • Facebook Ads Conversion Optimization): Facebook Ads Optimization uses machine learning to optimize ad delivery for conversions according to campaign objectives. (Complimentary with a Facebook Ads Account). 
  • WordStream Advisor: WordStream Advisor is a thorough advertising management platform that uses AI to optimize campaigns and allocate budgets. Plans that require payment. 

Also Read: 10 Ways to Use Machine Learning for Marketing in 2024

Earn as a CRM & Sales Consultant

AI-driven CRMs can automate tasks such as lead scoring, email outreach, and customer segmentation. These tools allow you to concentrate on finalizing deals by saving your time. Below are some AI-driven CRM platforms that provide consulting services for you to consider exploring: 

  • Salesforce Einstein: Salesforce Einstein provides artificial intelligence capabilities for predicting sales, evaluating leads, and managing opportunities. (Portion of Salesforce CRM Paid Packages) 
  • Freshworks CRM with Freddy AI: Freshworks CRM, powered by Freddy AI, offers lead scoring and chatbots and automates sales processes. (Plans Available for Free or with a Fee) 
  • Zoho CRM Zia: Provides an AI assistant named Zia for analyzing data, making predictions, and giving intelligent suggestions. (Plans available at no cost and with a fee) 

Freelance as a Photo Editor

AI photo editing tools can automate tasks such as reducing noise, removing backgrounds, and correcting colors. Employ them to improve photographs for customers or provide AI-driven photo repair solutions. Below are a few typical AI photo editing applications: 

  • Luminar AI: Luminar AI provides various AI-driven editing tools, such as enhancing portraits, replacing skies, and removing objects. It is software that requires payment. 
  • Adobe Photoshop Elements: Adobe Photoshop Elements offers essential editing tools driven by artificial intelligence, such as instant selections and automatic adjustments. Software that requires payment. 
  • Topaz Labs: Topaz Labs provides AI-based photo editing tools such as Sharpen AI, DeNoise AI, and Gigapixel AI tailored to different editing requirements. 

Also Read: Top 10 Free AI Tools for Video Editing

Consult as a Data Scientist

Knowing data science allows you to use AI tools to analyze data, create machine learning models, and gain predictive insights. Provide your services to companies looking to utilize AI to make decisions and improve processes. Below are a few commonly used AI and machine learning frameworks to study and enhance your skills: 

  • Tensor Flow: TensorFlow is a framework for numerical computation and large-scale machine learning that is open-source and freely available
  • PyTorch: PyTorch is an open-source machine learning framework with a Python-like interface. It is available at https://pytorch.org/. No cost involved.
  • Scikit-Learn: Scikit-learn (https://scikit-learn.org/stable/): An open-source library for Python that offers a variety of classification, regression, clustering, and dimensionality reduction algorithms, available for free.

Also Read: Learning Path to Become a Data Scientist in 2024

Provide AI Chatbots for Businesses

AI chatbots can streamline customer service interactions, answer common questions, and assess potential sales leads. Businesses are increasingly searching for chatbot options to enhance customer satisfaction and reduce support expenses. Consider these AI chatbot development platforms: 

  • ManyChat: ManyChat is a simple tool for creating chatbots on Facebook Messenger, Instagram, and WhatsApp. (Plans available at no cost or with a fee) 
  • Chatfuel: Chatfuel is another easy-to-use platform for creating chatbots for Facebook Messenger and other messaging platforms. (Plans that are either free of charge or require payment) 
  • Microsoft Bot Framework: The Microsoft Bot Framework is a robust platform designed to create and launch intelligent chatbots on different channels. (Plans available at no cost and those requiring payment) 

Manage Social Media Brands

AI can assist in scheduling social media posts, generating content, and interacting with the audience. Provide services for handling business social media accounts, utilizing AI tools for enhancement. Some well-known social media management tools are driven by AI technology.

  • Hootsuite: Provides AI-driven tools for monitoring social media, suggesting content, and scheduling posts automatically. (Plans available at no cost and with fees) 
  • Sprout Social: Sprout Social offers AI capabilities for monitoring social media, analyzing competitors, and scheduling posts automatically. (Plans are available at no cost, and plans require payment.)
  • Later: Provides AI-driven tools for scheduling social media posts using the best posting times and audience data. (Plans are available at no cost, and plans for required payment are required.) 

Also Read: 8 AI Tools That Can 10x Your Social Media Growth

Edit Music and Audio as a Freelancer

AI can automatically perform simple audio editing functions such as reducing noise, eliminating background sounds, and balancing volume levels. Utilize artificial intelligence tools to provide audio editing services for podcasts, music production, or video editing projects. Check out these AI-driven audio editing tools to try out: 

  • iZotope RX: iZotope RX is a sophisticated audio editing suite with AI-driven features for reducing noise, repairing spectral issues, and cleaning up dialogue.
  • Nectar 3 by iZotope: Nectar 3 by iZotope is a plugin designed for vocal mixing and mastering, featuring AI technology for automated EQ, compression, and de-pressing. Software that requires payment for access. 
  • Landr: A web-based mastering service that utilizes artificial intelligence to master your audio tracks professionally. (Plans available at no cost or for a fee)

Offer AI Translation Services

The accuracy and efficiency of AI translation services are consistently improving. Provide translation services using artificial intelligence tools to translate documents, websites, or videos for customers. Some well-liked AI translation tools are listed below: 

  • Google Translate is a free and widely used AI-powered translation service that supports many languages. While it is not perfect for complex translations, it can be a good starting point.
  • DeepL: An AI-powered translation service known for its high accuracy, particularly for European languages. (Free and Paid Plans)
  • Microsoft Translator: Microsoft Translator offers AI-powered translation services for seamless multilingual communication.

Offer Multiple SEO Services

SEO is essential for being seen online. AI tools can simplify tasks and offer helpful insights to enhance your SEO approach. Here is a guide on providing SEO services enhanced with AI technology. 

  • Keyword Research: Utilize AI tools like Ahrefs or SEMrush to identify relevant keywords with high search volume and low competition. These tools leverage AI to analyze search trends and suggest content topics that resonate with your target audience. (Both offer Free and Paid Plans)
  • Content Optimization: Surfer SEO and WriteSonic are AI-powered writing assistants that analyze top-ranking content and suggest improvements for your content. This can help optimize your content structure, keyword density, and readability for search engines. (Both offer Free and Paid Plans)
  • Technical SEO Audits: Tools like Sitechecker and SE Ranking use AI to crawl your website and identify technical SEO issues like broken links, slow loading times, and mobile-friendliness problems. You can offer technical SEO audit services and provide recommendations for improvement based on AI insights. (Both offer Free and Paid Plans)

By combining AI tools with your SEO expertise, you can offer comprehensive SEO services that deliver better client results.

Become an AI-Powered Affiliate Marketer

Affiliate marketing involves selling other companies’ products and earning commissions for each sale made using your affiliate link. AI has the potential to improve affiliate marketing strategies significantly. 

  • Content Creation: Jasper and Rytr can help you create compelling product reviews, blog posts, and social media content promoting affiliate products.
  • Targeted Audience Identification: Leverage AI-powered marketing platforms like AnyTrack ([[invalid URL removed]]) to analyze website visitor data and identify user demographics and interests. This lets you target your affiliate promotions to the most relevant audience, increasing conversion rates. (Free and Paid Plans)
  • Performance Optimization: Platforms like ClickMagick offer AI-powered insights into your affiliate campaigns. Track clicks and conversions, and identify which marketing channels and content formats perform best for your chosen affiliate products. (Free and Paid Plans)

Using AI tools to streamline content creation, target the right audience, and optimize campaigns can help you become a more effective affiliate marketer and maximize your earnings.

Learn More: A Comprehensive Guide to Digital Marketing and Analytics

Create and Sell AI-Generated Artwork

The art world is adopting artificial intelligence. AI art generators can produce one-of-a-kind and mesmerizing visuals. Here’s how you can take advantage of them to produce and market artwork: 

  • Explore AI Art Generators: Various AI art generators are available, each with its strengths. Experiment with platforms like Midjourney ([invalid URL removed]) for creating dreamlike landscapes or Nightcafe Creator for artistic portraits. (Both offer Free and Paid Plans)
  • Develop a Unique Style: Don’t just rely solely on AI generation. Use AI tools as a starting point, then refine and add your creative touch to develop a distinct artistic style. This can involve photo manipulation, digital painting, or other artistic techniques.
  • Sell Your Artwork: Platforms like Etsy or Displate allow you to sell your AI-generated artwork as prints, digital downloads, or even physical products like phone cases or t-shirts.

Combining AI generation with your artistic vision allows you to create unique artwork and sell it through various online marketplaces.

Also Read: 10 Best AI Image Generator Tools to Use in 2024

Start a Web Design Business

AI can simplify web design tasks and improve your client’s websites’ overall user experience (UX). Here is a way to utilize artificial intelligence in your web design company:

  • Design Inspiration & Prototyping: Tools like The Grid use AI to analyze design trends and suggest website layouts and color palettes. This can be a great starting point for brainstorming design ideas with your clients. (Free and Paid Plans)
  • Accessibility Checks: Platforms like WAVE can be used to ensure your AI-generated designs meet accessibility standards for users with disabilities. This is crucial for any website you build. (Free Tool)
  • Content Creation: Use AI writing assistants like WriteSonic to generate website copy, product descriptions, and blog content for your clients’ websites. This can save you time and ensure a consistent brand voice across the website.

Also Read: Top 10 Must Use AI Tools for Data Analysis [2024 Edition]

Conclusion

Integrating AI tools into your web design process allows you to provide more effective and thorough services to your clients, distinguishing yourself in the competitive web design industry. Remember, AI is a valuable tool but should not substitute for your skills. Utilize it to boost your expertise, increase productivity, and provide innovative ideas to your customers. The collaboration between human knowledge and AI technology can potentially reveal new opportunities in e-commerce. 

Hope you like the article and you get to know about how to make money using ai and also by using different platforms you can use it.

Q1.What Is the Most Profitable Way to Use AI?

AI profitability depends on your approach. Developing AI products offers high potential returns but requires technical skill. Consulting services leverage your expertise without product development. AI tools can boost your productivity without extensive technical knowledge.

Q2.Can you make money with ai trading?

AI trading can be profitable, but it’s not foolproof. AI helps analyze data and find trends, but markets are unpredictable. AI trading can be a good tool, but use it with caution and understand the risks involved.

Stay updated with the latest AI tools by following us here!

Harshit Ahluwalia 12 Jul, 2024

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