5 ways to make money from ChatGPT

ChatGPT can help you create content, come up with business ideas, and even suggest ways to talk to your boss for a raise.

Since its launch in 2022, ChatGPT and other generative AI tools have taken the world by storm. Entrepreneurs, professionals, and freelancers have started using the tool to complete a variety of tasks, improving productivity, business profits, and customer satisfaction.

ChatGPT is so popular that it has become one of the most in-demand skills for today's workforce. LinkedIn's August 2023 report found that the percentage of companies listing ChatGPT and AI-related skills in job postings has increased 21 times since 2022. So workers with these skills can stand out.

One of the reasons ChatGPT is so effective is its near-human conversational capabilities. It can answer questions, support idea generation, and improve creativity in the workplace.

You don’t need to be a techie to use ChatGPT effectively. You just need to know how to enter the right information and how to chat for optimal results. According to Forbes , if you want to make money from ChatGPT, you can consider the following 5 ways.

1. Use ChatGPT to get a promotion or raise

Website interface of ChatGPT - OpenAI's generative AI tool. Photo: Reuters — Website interface of ChatGPT - OpenAI's generative AI tool. Photo: *Reuters*

If you feel you deserve a promotion, but don't know how to talk to your boss about your thoughts and achievements, put your ideas into the app and ask ChatGPT to suggest a structure for the conversation.

You can also ask ChatGPT to suggest skills needed to get promoted, or potential interview questions for a position you want to pursue. It can even help you tailor your resume for a leadership or management position.

2. Support for creative business ideas

ChatGPT is a useful tool to help you come up with ideas. If you feel confused and stuck because of your financial situation, especially when you have just had a pay cut or lost your job, you can ask this chatbot to suggest some unique business ideas that are suitable for your knowledge, skills and circumstances.

You can even ask the tool to come up with an action plan, and the resources needed to prepare.

3. Passive income from GPT Store

The GPT Store works similarly to the App Store or Google Play, allowing software developers to list their custom chatbots. This will be a source of passive income for you. All you need to do is create a chatbot that serves a need that you know will appeal to many people, then make the tool publicly available for everyone to use.

4. Create a spin-off product or service

Before OpenAI launched the GPT Store, many entrepreneurs were already coming up with unique ways to ride the AI wave and monetize the opportunities presented by ChatGPT and the technology behind it. For example, creating ChatGPT extensions for Chrome browsers. This will bring you sustainable passive income for years to come.

5. Content Creation

ChatGPT can be a very useful tool to reduce working time and increase creativity for content for marketers, website managers, etc. You can attract more potential customers for your products and services, thereby increasing your income.

However, it is important not to rely on ChatGPT to generate everything. Because it will make your product look like a copy and lose customers' trust. Only use AI to generate ideas and suggest outlines, then do the rest of the work properly.

Ha Thu (according to Forbes)

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