Saturday, October 5, 2024

How Artificial Intelligence is Making Side Hustles More Lucrative

Artificial Intelligence (AI) is revolutionizing side hustles by saving time and boosting earnings. Although AI tools have some way to go before replacing humans entirely, they are already making a significant difference in many industries.

Time is Money

Side hustles often come with limited time, making efficient use of it a high priority. Artificial Intelligence is proving invaluable in this respect. For instance, ChatGPT, a generative AI tool, aids in time-consuming tasks like writing emails and business plans, ultimately reducing workload.

While these tools may not be perfect, editing AI’s output is often faster than creating multiple paragraphs from scratch. This efficiency is invaluable in several side hustles.

AI in Travel Planning

Nicole Cueto, a New York-based public relations consultant and part-time travel agent, uses ChatGPT to cut her research time in half. After typing in specific requests, ChatGPT generates itineraries, which Cueto then fact-checks. This time-saving tool allows her to take on more clients, earning her an average of $670 per month.

Content Assistants and AI

AI is also giving rise to new roles like content assistants. These individuals use AI to generate blog posts, newsletters, and social media updates, and then fact-check the results. These roles can pay up to $100 per hour and are becoming popular on freelance platforms.

AI in Artistry

Artists, too, are starting to see the benefits of AI. Sean Audet, a food photographer, uses AI to draft emails and create business templates. Although this doesn’t currently increase his earnings, he believes it’s an investment in future profits.

Moreover, generative AI software like Midjourney allows artists like Audet to edit photos, like changing backgrounds or fixing small imperfections, adding another dimension to their creative process.

Final Thoughts on AI Freelancing

Though AI tools are not yet flawless, they are already making a significant impact on the side hustle landscape. By automating tasks, AI can save time and increase earnings, making side hustles more lucrative.

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