In this article I want to show how you could make some easy money by using some YouTube Automation methods. You don’t need a lot of experience to get started, but access to a few software programs.
And at the end I will do some calculations and find out how efficient it is to use these methods to make money online with AI / Automation.
Continue reading, or I recommend first watching the video on YouTube.
Make Money Online with AI / Automation
So get started with this system you needs 3 things:
- A Upwork account
- Access to a GPT-3 engine
- Somewhere to run a Python script (visual studio / colab)
How do we make money with AI / Automation?
The idea behind this is to use the GPT-3 engine to execute small easy tasks we find on the freelance market on Upwork. By using AI or Automation we can do small jobs very fast, and therefore get a good dollar per hour wage.
You will not become a millionaire by doing this, but as a student or just as an extra income this is a good opportunity.
Some technical skills are of course needed, but you can learn all the benefits of this Generative AI technology.
Upwork is a website that allows businesses to find and hire freelancers for various projects.
To find jobs you can do and get paid you will need an account on Upwork. This is easy to set up at www.upwork.com.
How to find AI / Automation jobs on Upwork:
To find jobs that I think you can execute fast and easy with AI / Automation I usually search for two main things:
- 500 – 1000 word article
- Web Scraping
These two subjects can sometimes be very easy to complete with the help from GPT-3 Automation.
Always take into consideration how much the job is paying to get the most dollar per hour ratio.
GPT-3 is a large language model. It can be used for a variety of tasks, including natural language understanding, text generation for websites, and machine translation. GPT-3 takes users prompt inputs and generates outputs based on its understanding and training data sets.
You will need access to GPT-3 or similar to quickly execute text based jobs from Upwork.
Examples of this can be:
- Write a 500 word article about the rise of AI in a news article style.
- Write 800 words about the upcoming president election
- Write a Python script to extract data from the website www.cnn.com
You will get better and better using the GPT-3 engine the more you play around with it, understanding prompt engineering to get the output you want the first time will earn you more money per hour.
Watch my video with GPT-3 prompt engineering tips to get a better understanding of what you can do.
Python is a programming language that was created in the late 1980s. It was designed to be a high-level, general-purpose language that is easy to read and write.
Python is a good language for automating tasks because it is easy to read and write, and it has a large standard library that contains many modules for doing common tasks.
If you want to expand your job opportunities, learning a bit about Python will get you good returns. You don’t need to be an expert, because we will use GPT-3 to write the scripts for us.
But you will need to learn how to alter the outputs and correct errors in the scripts.
Check out this Video to learn more about Python
How much money can you make with AI / Automation?
Since I made the video, the price of GPT-3 from OpenAI has been lowered, so now we can make even more money per hour.
Let’s do some calculations from a real job example:
OpenAI GPT-3 Price = $0.02 per 750 words
One 500 word article job on Upwork pays $5
For a 500 word article I expect to use around 800 – 1000 words with rewriting and some adjustments.
So 1000 words will cost me about $0.026
If the job pays $5 that’s a profit of $4.97
Time spend = 8 mins
4.97x 60/8 = $37,25 per Hour
So as we can see from the calculations, we don’t make a lot per job. But the hourly wage is quite good, since we only spend around 8 – 10 minutes.
So as we can see, it is possible to make money with AI / Automation by doing small jobs on Upwork. The pay per hour is quite good, and with some practice you can get quite efficient at executing these jobs.
It is important to note that you will not become a millionaire by doing this, but it is a good opportunity to make some extra money as a student or just as a side income.
It is also scalable up to a point, meaning that if you want to make more money you can just do more jobs. But at some point you will reach a limit on how many jobs you can do in a day, and therefore how much money you can make.