How to Make Money with AI – 7 Great Ideas for ChatGPT Marketplace

Introduction

How to Make Money with AI? This question is prevalent nowadays, and in today’s article, I have discussed current opportunities regarding this top trending question. My name is Arslan; let’s discuss today’s opportunities to make money with AI. OpenAI just released their GPT Store. So read to me very attentively because, with the GPT Marketplace, we’re all at the crossroads of a massive opportunity, so you can either seize it and probably get rich as quick as this year or watch it pass you by and let’s be honest, this would not be the first time you’re sitting on the sidelines with it.

So today, I want to tell you how you can probably make up to eight figures in 2024 with OpenAi’s GPT Marketplace. Let me explain. I remember some years ago when Apple launched their App Store. I know it was huge, right? But here’s the truth: the iPhone was picking up steam back then. Now, think about this. OpenAI’s GPT Marketplace is stepping into a game with over 100 million active users already on board.

It’s like the app stores big moments but on steroids a thousand times more literally. This is not about catching a trend. This is bigger than I can even explain in words, okay. So, If we think that Apple’s move created millionaires, imagine what GPT’s marketplace can do. I believe it will completely outdo that, like totally knock it out of the park.

You know, you’ve seen tech waves come and go, but I think this is truly a big one, and it is knocking right at our door. Here’s a mind-blowing exercise I did just a few hours ago. Think about this: the marketplace currently has an addressable market. So, the total number of active users is 100 million. Imagine you create a GPT and then sell it to one percent of this addressable market. Yeah, a million people.

Imagine you only charge one dollar per month to these people. There you go. Eight figures. In just a year. It completely blew my mind, and here’s the even bigger secret. You can train chat GPT to make GPTs for you. So, in this article, I want to tell you seven GPT ideas you can make even without a tech degree or background.

1- GPTs for Education Space

Let’s discuss what you can do with GPTs in education. The education sector is undergoing a massive digital transformation, and AI is leading this change. So, I imagine we can tap through GPTs into a market expected to reach 400 billion dollars by 2025. So I believe it’s worth looking into it.

So, the idea I have and I’d like to share with you is creating GPT models designed to become personal tutors, okay? They can help students, no matter their age, learn either languages or cross-complex subjects and do that even in natural language and in a way that will be in the student’s learning style, making it much more enjoyable. It will make it a lot more attractive and a lot more effective as well.

So, no matter if you are familiar with topics like physics or chemistry or you want to create a GPT that can teach people a particular language or maybe, you know, a particular language for a certain industry. So, there is a specific vocabulary that you are familiar with. You can train a GPT that will be able to teach others that particular topic. 

2- Content Generation GPT Models

Let’s go to digital marketing because I think there’s a massive opportunity because content is King in this space. Everybody agrees with that, and the content marketing industry is expected to reach a colossal $400 billion, according to the drum reports. So there’s a massive market out there.

So, imagine creating a GPT model that can be an all-in-one AI marketing agency. It can make SEO and optimize content for blogs. It can produce highly clickable designs for ads. It can create highly intriguing captions for any LinkedIn or Facebook post, or maybe for Instagram, and it can add a lot more knowledge because it will know how to speak to a specific audience.

It will know what language to use and what kind of fears and goals to use for that particular audience. It can be massive, and it is going to be something that will be very high in demand because I know so many business owners who are not marketers and who have some ideas but don’t know how to put them into practice. This type of GPT can be a massive game changer for them. 

3- Personalized AI Coaching Models

Let’s talk about the third idea. Again, this one I’ve experimented with is related to coaching because we are in a world where everybody is looking for personal growth for personal development. I believe that personalized AI coaching can be massive. ICF estimates this industry at $2.85 billion this year, and I see many options with this. So, for example, you can think of a GPT model that acts as a fitness personal coach or a diet and nutrition personal coach. It could be a career development coach or a general life coach.

There are so many opportunities you could seize and paths you could go down, and here is an example that is very recent in my mind. The other day, I was talking to my health coach, who told me that it would be a good idea to keep track of all my food intake because I’m looking to optimize certain balances there. She recommended that I use a tool called MyFitnessPal, and her suggestion was to take a picture of what I eat and then input that into the tool.

All I was thinking was if I’m taking a picture, there has to be a more innovative way to figure out what I’m taking and get recommendations without manually inputting everything into the tool, and guess what? The exact day, coincidence or not. A good friend shared with me a GPT that he built and that GPT does precisely that. It was trained because the friend I’m talking about is a nutritionist, so he taught the GPT to estimate exactly what you’re taking based on the plate size and the food on the plate, and then because the GPT is trained on various nutritional knowledge.

It can create customized recommendations based on what you’re eating, your goals, and how to improve that. So, this is a no-brainer if you are familiar with any topic. It doesn’t matter if you have tech knowledge or not. You can build a GPT and sell it on the marketplace. That’s enough about this one. Let’s move to the next one. 

4- Data Analytics & Reporting Models

So I’ve written about this one before, but I’m such a big fan that I feel it deserves its own space in this article. This is about data analytics because the market opportunity here is ridiculous. Fortune Business Insights reports that it will be $550 billion by 2028. So, lots and lots and lots of opportunities. So, think about creating a GPT model, a data analytics master that can turn raw data into super actionable insights for people or businesses.

It can do market research, bring in scientific data, use various models that exist out there, or build its own to come up with thoughtful recommendations that are also very practical and actionable for the user of your GPT. 

5- Creative Arts GPT Models

The Next one is a little bit less business and data-related. It’s more on the creative side because I think there’s an opportunity here as well, and I guess you could think about creating a GPT that can go in multiple directions. So, for example, you can create a GPT that can help writers, musicians, or artists go beyond their creative blocks, and it could become this bridge. It could be trained to give them recommendations or have ideas for brainstorming or ways to get them unstuck. On the other hand, you can prepare your GPT to help develop art with designs. And this would be for a different audience specifically.

I’m thinking of people who need designs, for example, in their business and would want to have some stab at that, but they don’t have design skills or are not professional photographers. So you could design a GPT that helps them come up with, let’s say, some stop-add visuals, or it can come up with a particular style of icons or a specific style of visuals for presentations.

There are so many directions. You can go with this, and as I said, you can train the GPT to leverage specific styles to leverage detailed designs and then guide the user even when they don’t know exactly what they want to be able to get to the outcome that they desire. 

6- Custom GPT Applications for Specific Industries

This one, I think, has incredibly high potential. So, you could develop a tool that speaks an entire industry’s language perfectly. Because look, AI is expected to be a massive driver in industries, healthcare finance, legal, and investments. This space is expected to reach 67 billion dollars by 2027. So, if you are in any of these areas, I would think about creating a GPT model tailored for a specific sector. Let’s say Healthcare, and it can speak the language.

It can answer questions, it can be a trusted advisor for a healthcare professional or a nurse, and it can guide the user to know exactly what to do, what questions to ask, what symptoms to check, and be the, let’s say textbook that they can’t have available all the time. This could be massive, and you can do that in finance. You can do that legally and in lots and lots of other industries. 

7- GPT-Enhanced Business Tools

Last but not least. Let’s say it’s a bit more complex, but I think it has massive potential. This one is related again to a business opportunity because business efficiency is like a golden ticket. It’s like, um, the desired outcome that all businesses. To improve on, and I think Statista says there is a market of over $126 billion by 2025 waiting for this type of service.

So, I think you would create a GPT-powered tool allowing businesses to optimize their processes. It could be something as simple as allowing their employees to take pictures of receipts and then using OCR to recognize the information on the receipt, categorizing that, and putting that in a database. It can be as simple as that as long as it optimizes processes for an industry or a type of business.

I think you will have a massive opportunity with that kind of GPT, not to say that you could create a GPT; that is, let’s make it the best one for customer support. You could train the GPT to be empathetic and specialized in certain areas. This way, you could outdo all other solutions in the market right now. 

Pick the Right Option in How to Make Money with AI

All right. My readers, that was it for today. Thank you so much for reading. I hope this article will be helpful for you in making money with AI. To find the right option for creating GPT for you, first, you must evaluate which of the above ideas you have the proper knowledge or interest in. My suggestion is that you go with your interests.

If you want to make money with AI, my readers should check out this blog post, “3 Top Ways to Make Money Online With OpenAI GPTs in 2024”. This article also has good ideas for how to make money with AI.

So also share with the friends interested in seizing the opportunity ahead of us regarding open AIs, GPT Marketplace. I suggest you go ahead and read this article next, and I’ll come again with new ideas on how to make money. Bye.