6 Ways on How to Make Money With AI in 2024

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With the breakneck speed of AI development bringing with it immense opportunity, plenty of smart people are figuring out how to make money with AI and find brand new ways to beat growing inflation in 2024.

At first, the ways to make money with AI may seem overwhelmingly infinite; do you want to create books, online content, music, art, video, or one of the many other options out there?

I’ve committed to testing and reviewing all the best AI tools on the market as new ones are released, including free AI tools to make money online. I’ve brought together my findings into this frequently updated guide of AI money-making use cases that I hope steers you toward the right opportunity for you.

6 Proven Ways to Make Money With AI

After thorough research into market trends and our in-depth knowledge of artificial intelligence (AI) software, these are to top six ways on how to make money with AI in 2024:

  1. Write Books With AI — Top Recommendation: Jasper AI
  2. Content Marketing — Top Recommendation: HubSpot AI
  3. Create Videos — Top Recommendation: PictoryAI
  4. Create and Sell Digital Art — Top Recommendation: Artsmart
  5. Create Music — Top Recommendation: LalalAI
  6. Build Websites — Top Recommendation: Wix
1. Write Books With AI

1. Write Books With AI

EDITOR’s CHOICE

JasperAI – Leading AI Content Creator With Wide-Ranging Tools For Generating Text And Images

  • Matches your brand voice
  • Supports 30+ languages
  • Can adjust copy tone

One of the top ways to make money with AI is by writing a book. While traditional writing methods can take months or years, using one of the best AI content generators could help you swiftly write a text that could earn you royalties for years.

During testing, I found that the best AI writing tools to use for long-form text creation were Jasper AI, HubSpot, and Scalenut. These AI giants use natural language processing (NLP), ensuring that the content they create is human-like and will resonate with real readers.

The best AI-powered tools often have built-in plagiarism checkers, ensuring your output is original and you won’t face any legal ramifications.

Once you’ve written your book, you can also create cover art with AI, which is where Jasper AI comes in handy. You can then list your completed project on Amazon or you can sell it through your own website.

It’s worth noting that if you’re uploading an eBook to Amazon, you are required to inform the online retailer that the product uses AI-generated content.

If you are worried about creating a book from scratch, AI technologies – like the ones listed below – can even generate plot ideas for your book, summarize large volumes of research, or offer title ideas.

The Best Tools for Generating Text With AI

If you’re looking to make money with AI by writing books, here’s an overview of the best AI-powered tools for generating text:

Best AI Writers Best For Starting Price Free Version Top Features
Jasper AI Original content $39/month Plagiarism checker, Topic ideas, Art generator
HubSpot Usability & ease of Use $31/month Calls to Action, Email Writing, AI Summarization
Scalenut Search engine optimization $19/month Unlimited AI words, SEO editor, Text optimizer
Rytr Dedicated account manager $9/month Plagiarism checker, 30+ languages, 20+ tones
Writesonic Beginner-friendly, with training sessions $13/month Priority AI processing, Bulk processing, Image generator
2. Content Marketing

2. Content Marketing

EDITOR’s CHOICE

HubSpot – Globally Popular Content Marketing Platform with a Comprehensive Set of AI Content Tools

  • Slick, easy-to-use interface
  • Supports a large variety of content types
  • AI tools included in free plan

AI continues to completely disrupt the digital marketing industry. It’s streamlining several previously time-consuming tasks and processes, one of the big ones being content production.

There are several options for making money from content, from long-form SEO articles monetised through affiliate links to marketing emails or newsletters that engage subscriber bases to ad content, there are plenty of accessible options even for novice content marketers.

If you’re creating content or editing, the content creation process usually takes a lot of time. However, with the best copywriting AI tools and video editors, you can create marketing material and content far quicker.

Another bonus is that you won’t have to pay freelance writers, which can help you save money. How can you get started? I’d recommend first finding a comprehensive tool that can help you produce the content you need.

As one of the biggest names in the world of Customer Relationship Management, HubSpot makes the top of my list of content marketing tools, as well as onto our list of best AI tools for marketing. It’s a globally popular content marketing platform with a varied product offering that will help you generate quality copy in whatever format you could need, whether that’s ad copy, email content, or articles that rank well for search engines.

Plus, its slick interface is so easy to use, and pricing starts from, just $15 a month, making it accessible to anyone wanting to make money using AI and content marketing.

5. Create Videos Online

5. Create Videos Online 

EDITOR’s CHOICE

PictoryAI – Text-To-Video Magic Generator Tool For Shareable Media

  • Shareable video highlights
  • Automatically caption videos
  • Access 15k+ music tracks

Another top way on how to use AI to make money is by creating videos for TikTok, Instagram, and YouTube. You can use AI tools to create short-form content and this can help you generate an income stream.

Some of the top AI tools for creating video content are Sythesia, Animoto, and Nova AI. These tools can help you create and edit quality videos, letting you grow a loyal follower base and earn money through affiliate marketing and sponsored social media posts.

If you post videos on YouTube, you can earn ad revenue based on views via Google AdSense.You can also use these video-generation tools to create online courses.

While there are free versions available, I’d recommend upgrading to the paid versions, though, as the free versions do lack stock assets and features.

The Best Tools for Generating Video With AI

Here’s a quick overview of the best AI software products for generating videos:

Top AI Video Generators Best For Starting Price Free Version Top Features
PictoryAI Hyper-realistic AI voices $19/month 10 million Getty images, 15k+ music tracks, Automated captions
Animoto Recording screen and webcam together $3.50/month HD videos, Unlimited downloads, Professional fonts
Nova AI 2TB cloud storage $10/month No upload limit, 2GB-2TB storage, Video translator
Synthesia Adding AI avatars to videos $22.50/month 140+ AI avatars, 120+ languages, Screen recorder
3. Sell Your Art

3. Sell Your Art 

EDITOR’s CHOICE

Artsmart – Outstanding Tool For Creating Realistic, High-Definition Images From Text And Image Prompts

  • Hyper-realistic images
  • Customization options
  • Removes backgrounds

You can also make money with AI-generated art. No matter how technologically advanced we become, there will always be a demand for good art.

There are many tools you can utilize to generate unique and compeling art pieces, such as Artsmart and Photosonic. Both of these tools offer unique features that can help you generate high-quality art that you can sell.

Artsmart, for example, can generate images within seconds. You can even customize the camera angles, poses, the weather, and you can generate images in the style of your favorite painters.

The Best AI Art Generators

If you’re wondering how to make money with AI art, here are the best artificial intelligence tools for creating art:

Best AI Art Generators Best For Starting Price Free Version Top Features
Artsmart Editing character poses and facial features $16/month Character pose copy, Weather & time manipulation
Artspace Reconstructing images $297/ one-time payment Inpainting, Outpainting, Negative prompt
Photosonic Autoface restoration $15/month Image upscaler, AI-powered chatbots,
Photorealistic images
Super Machine Affordable pricing $10/month Templates, Blank canvas, Album categorization
PicsArt Team management $5/month Templates, fonts, & stickers, Apps, Animation maker
4. Sell Your Music

4. Sell Your Music

EDITOR’s CHOICE

LalalAI – Powerful AI Music Tool For Removing Vocals And Splitting Instrumental Tracks

  • Fast processing
  • Batch upload
  • 2GB file upload limit

This method for how to make money with AI may seem out of reach for many, but you don’t have to be a musician or singer to sell music.

There are plenty of ways to make money from music, especially if you’re looking for ways to use AI technology to make money. You can generate money through subscriptions for your music, for example.

You can also sell to companies, create karaoke recordings, or create mashups of different songs and promote them on social media. You can also list your music on platforms like Spotify and earn royalties.

If you’re looking for the best AI voice generators, try LalalAI. During testing, I liked that it allows you to upload your content in bulk, even on its cheapest plans.

The Best AI Tools for Generating Music

Here’s a quick overview of the best AI-powered software for generating music:

Best AI Music Generators Best For Starting Price Free Version Top Features
LalalAI Fast processing $15 (one-time fee) Fast processing, Batch upload, 2GB upload limit
Mubert Best for games, radio, and digital platforms $11.69/month Monetize posts, No attribution, Lossless quality
6. Build Websites With AI

6. Build Websites With AI

EDITOR’s CHOICE

Wix – All-In-One Web Design Solution With An Automatic Website Creator Powered By AI

  • 900+ templates
  • Built-in analytics tool
  • Great SEO tools
Wix

Freelance coding and web development are among the most profitable, in-demand professions right now, but the traditional route will have you spending months to learn coding.

With AI-powered website builders provided by solutions like Wix, you can build a website from scratch in minutes. Here’s how you can build a website with AI:

  1. Create a profile on Wix (if you don’t already have one).
  2. Choose your design preferences, color, fonts, and the pages you need on your website, such as an “About Us” page.
  3. Wix ADI will generate a complete website for you within minutes.
  4. You can then customize the website and choose pre-built sections, color palettes, and font pairings.

The Best AI Website Creators

Here’s a quick overview of the best artificial intelligence tools to make money by building an affiliate marketing website:

Top AI Website Builders Best For Starting Price Free Version Top Features
Wix Tons of templates and easy-to-use $16/month Wix Artificial Design Intelligence, 900+ templates, Data analytics
GoDaddy Small business website building $9.99/month Free SSL certificate, 24/7 support, Robust security
IONOS Personal consultant for every user $1/month for the first 6 months AI SEO text generator,
AI image generator
Hostinger Manage up to 100 websites at once $2.99/month AI content generation, AI-based SEO, user behavior analysis

Bonus: Other Popular Ways on How to Earn Money Using AI

The above six methods aren’t the only ways of making money using AI. Below are a few other ideas on how to earn money with AI that are worth considering in 2024:

  1. Software development — Freelance coding with AI is popular. You can use artificial intelligence to build apps and monetize them with ads or subscriptions.
  2. Creating online courses — Content creation is a big sector worth exploring with artificial intelligence. Tools like systeme.io make it easy to create and sell courses.
  3. Offer AI translation services — As with virtual assistants and consulting services, starting a freelance translation service on sites like Fiverr offers great revenue growth potential.
  4. Use AI for investments — Today, artificial intelligence and machine learning can help you make wiser investment decisions.

The Benefits of Using AI to Make Money

Now that you’ve found out the various ways you can create an income using AI, here are the biggest benefits of doing so:

Save MoneyEasy to UseSaves TimeAffordable

If your budget doesn’t allow you to hire and manage a team, AI is the next best option. To develop a successful blog, you’d need hire freelance writers, an editor, and a graphic designer to create images. You would then need to hire an SEO expert to help ensure your content is aligned and targets the correct audience.

However, if you use AI to generate income, you can replace all your staffing needs with tools like Jasper AI to generate high-quality written content, Picsart to generate the images, and Wix can build you a website from scratch.

Even the initial investment for these tools is far less than what it would cost to hire individuals to perform these tasks for you.

Making money with AI is one of the few hustles that doesn’t require any skills to get started.

It was highlighted during my time testing each of these tools that AI software can help you save time, especially if you’re looking to generate content in bulk. If you hire a writer, it could take them days to write a high-quality, keyword-rich blog.

The same goes for music. Many songwriters take weeks, sometimes even months, to create a good song. Tools like Mubert, on the other hand, can perform the job in seconds.

AI-powered software is undoubtedly more affordable than hiring a team. If you hire a full-time worker, you’ll have to pay them a minimum hourly wage plus benefits.

For instance, the average photographer’s salary is $47,132 per year. ArtSmart’s most expensive plan costs just $32.50/month. Annually, it’ll cost you about $390. Plus, it’s flexible, so you’ll only need to pay for what you use.

Are There Risks to Making Money With AI?

AI is still a relatively new subject for most, so before you dive deep into the industry, here are some of the potential risks of using AI tools:

Ethical ConsiderationsLegal and Regulatory FrameworksData Privacy and SecurityMarket Saturation

If you’re an artist using AI for your work, it could be a little more difficult for you to gain your audience’s trust. People are still getting used to the idea of AI.

How you use AI technology and the role it plays in determining your credibility is difficult, but this is an important factor you must consider.

The biggest risk with using AI to create content is that you might not always enjoy complete and unquestionable ownership over it. Copyright laws vary from country to country.

In the US, there’s no copyright protection for AI content. However, if the final piece includes AI and human contributions, then you can apply for a copyright claim on the human-generated element.

The more AI technology you use to create your product, the more third-party apps you have to share your information with. In today’s world, this can be seen as a risk.

Let’s say you’re creating a book, and you use an AI app to write the content, another to generate images for the book, another to design the cover, and maybe another to help you promote it.

So, with one product, you’re sharing your personal information with at least four different apps. Make sure you use well-known artificial intelligence apps.

There are limitations to what artificial intelligence can do. It hasn’t got the creativity of a human mind – yet. This is because AI-powered products are trained on millions of existing data points.

Whatever AI produces for you, even if it’s unique, will be an amalgamation of words that have already been said or art that has already been painted. It might not make you stand out.

We recommend using an AI system as guidance and then adding your creativity to it.

Techopedia’s AI Top Picks

EDITOR'S CHOICE
Jasper AI
Murf AI
HubSpot Content Writer

What’s the Best Free AI Tool to Make Money?

There’s no single best AI software for generating income, which is why we’ve explored a variety of tools in each niche. However, many will be interested in finding the best free AI tools for making money.

For Generating MusicFor Generating ArtFor Generating TextFor Generating Videos

Mubert is the best free tool for generating music, but you’ll want to consider a paid subscription to unlock the full potential of AI music generation, which is why we recommend LalalAI.

LalalAI costs $15, but the features are far more comprehensive. On the cheapest plan, you can generate up to 90 minutes of music, approximately 30 songs averaging 3 minutes each.

There are a lot of things you can do with LalalAI, which would otherwise require expensive, sophisticated equipment, including:

  • Removing vocals, drums, or percussion from a song
  • Creating an acapella from a song
  • Creating instrumental tracks
  • Building a mashup or a karaoke track

Photosonic is our top choice for AI-generated art. It’s both an AI writer and an art generator. The free plan gives one user unlimited access to the art generator and 100+ AI templates.

If you’re looking for a premium art generator, try Artsmart. The basic plan costs $16 and includes 1,000 Playground credits to edit an image.

Artsmart also lets you copy a character’s pose from one picture to another, and you can add details about the camera type and settings, and have the picture look like it was taken by that specific camera.

Copy AI is the best free tool for instantly generating text. It even offers a free forever plan for one user and gives you access to 200 credits to generate text and 2,000 chat words. 

However, if you’re looking for a comprehensive writer and AI tool, Jasper AI is our top AI writing tool. You can use the extension to work on apps like Gmail, LinkedIn, and WordPress.

Animoto’s free plan lets you create unlimited videos, plus, you’ll get three font sizes, color swatches, and access to screen recording, webcam recording, and animated design elements.

For more features, try PictoryAI. The cheapest plan costs $19 and lets you create up to 30 videos a month, including text-to-video generation—with 34 voiceover options.

PictoryAI even offers 3 million videos and 15,000 royalty-free music tracks. Simply upload your script, record and upload your own voiceover, or choose from PictoryAI’s realistic AI voices.

4 Tips for Making Money With AI

Here are four practical tips for making money with artificial intelligence using the methods we’ve described:

1. Identify Niche Markets2. Build a Strong Network3. Stay Up to Date on AI Trends4. Continuously Improve

With so many new AI tools cropping up, it’s easy to become overwhelmed. You need to find a niche you’re passionate about, pick the right tools, and stick to it. Consistency is key.

What’s popular right now? What do people want to see, hear, or download? If you can identify market trends and gaps, AI’s machine learning can help you make money from a specific target audience.

It’s important to connect with like-minded AI experts (on Facebook, LinkedIn, or live events). If you’re a content creator using AI tools, you can collaborate with other online creators.

Building a network of competent AI experts has the potential to open new doors for you.

If recent trends are any indication, AI software will continue to grow and flourish in the coming years.  Be sure to keep up with the latest innovations and trends in things like machine learning algorithms.

This will help you stay ahead of your competitors and be aware if a new and better tool comes up that makes your work easier.

Remember, AI software isn’t perfect. They can be your partner in content creation but not the sole creator.

Continue to work on the product produced by your AI assistant, but if you feel like your current AI solutions aren’t evolving with others, look for an alternative.

Conclusion

With developments in AI rapidly progressing, it’s important to keep abreast of the latest developments and integrate AI into your work.

The demand for AI professionals is growing at an annual CAGR of 32%. By 2025, AI is expected to create 2.3 million new jobs. This presents an opportunity to hone AI skills early to benefit from the expanding job market.

What’s more, AI could impact almost every professional field. If you fail to learn how to utilize or make money with AI bots, you’ll likely end up falling behind colleagues who can.

Our guide serves as a yardstick for those looking to make money with the help of AI— with AI writing tools, music, art, websites, and online courses — the possibilities are endless.

Methodology

How We Review And Test AI Tools

We base our recommendations on first-hand testing. All the products we feature, have been tested based on the following criteria:

  • Accuracy: The accuracy of every AI tool varies and is largely dependent on the AI model used and the quality of the input. We test each tool to gauge its accuracy across the tasks and use cases it supports.
  • Performance: We also test how long it takes the AI tool to deliver results and weigh this time against the quality of the output. Quick results mean nothing if the output isn’t accurate, relevant, or what you expected.
  • Ethical Considerations: We explore any issues with bias, transparency, and privacy to ensure we recommend only the best artificial intelligence solutions that take these ethical concerns seriously.
  • User Experience: We test every AI tool on all the supported platforms to gauge its user-friendliness and whether it works as advertised. We also explore any online documentation available.
  • Value for Money: We weigh the features, performance, and accuracy of the market’s best AI tools against their cost to determine their value for money. We also factor in the cost to scale with the platform.
  • Features: We test every feature on offer with the service over a two-week period. This includes testing their functionality (whether it’s art generation, or voiceovers, for example) across all the platforms the tool supports.
  • Security: From data privacy to ensuring the tools haven’t had a data breach, we take security seriously, checking their regulatory compliance and how vulnerable the AI models are to exploitation.

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Krishi Chowdhary
Tech Expert
Krishi Chowdhary
Tech Expert

Krishi Chowdhary has half a decade of experience writing buying guides and product reviews for numerous leading technology websites. He spent two years writing for Business2Community.com before joining Techopedia.com. He has a degree in Commerce and extensive experience in the technology industry. He's also the key driver behind TechReport.com's news content, delivering expertise insight into the latest tech and cybersecurity news daily.