How to Make Money with AI and ChatGPT Online in Nigeria

Welcome! Today we’re exploring how to make money with AI and ChatGPT online in Nigeria. Discover the realm of AI art, AI chatbots like Google Bard, and transformative AI tools such as Midjourney and Jasper AI.

If you’re a digital entrepreneur, freelancer, or seeking ways to optimize your free time to make money, this guide will serve you well. We’re about to unveil the best ways to make money online, all from the comfort of your home, harnessing the power of AI, including extraordinary art generators like DALL-E.

This article will guide you through 35 powerful AI tools and 25 easy and fast ways to make money online with AI, including how to make money with ChatGPT, spotlighting the impressive potential of generative models, AI bots, and much more.

Are you ready to step into the future of online income generation? Let’s kick-off!

Understanding AI: How to Make Money with AI like ChatGPT

Welcome to the world of AI! But what is it? AI, or Artificial Intelligence, is a tech field where machines mimic human intelligence. It’s a broad term that includes Machine Learning and Deep Learning.

These subfields allow machines to learn from experience, adapt to new inputs, and perform human-like tasks. A prime example of this is ChatGPT, an AI chatbot from OpenAI that crafts text as a human would.

Weak AI systems are designed to carry out specific tasks, just like Siri or Alexa. At the cutting edge of AI research, we have Strong AI, also called Artificial General Intelligence (AGI), where machines can theoretically perform any intellectual task that a human being can do.

Now, how does this all relate to making money online? AI tools can generate content, predict trends, automate tasks, and much more, opening up exciting and easy ways to use AI to earn money from home.

From AI art generators to AI bots, many tools are ready to help you on your journey. Stay tuned as we uncover the fastest ways to generate online income using AI!

Benefits of Using AI Tools for Making Money Online

In the modern digital world, AI tools are revolutionizing how we approach online content creation, digital marketing, and other aspects of online income generation. Here are three core benefits to be reaped using a free YouTube channel as an example:

1. Efficiency: AI technology enhances efficiency by automating processes. For instance, AI-powered video editing software like Runway ML allows YouTubers to edit their videos faster and, more precisely, save precious time.

2. Business Insights: AI tools such as TubeBuddy, equipped with advanced AI algorithms, help predict trends and analyze performance data for YouTube channels. This invaluable insight aids in creating more engaging content and growing your audience.

3. Automation and Creativity: AI is great for automating tasks such as thumbnail creation. Tools like Canva and its smart design suggestion feature can help you create compelling thumbnails quickly. Meanwhile, AI chatbots like ChatGPT can help with script writing, providing a basis for video content.

Using AI technology in your online ventures, whether a YouTube channel or a blog, can greatly enhance your efficiency and output quality. Stay tuned as we delve into the practical applications of tools to make money with AI online.

11 Best AI Tools That Can Help You Make Money Online

AI tools are invaluable for streamlining processes, enhancing creativity, and boosting revenue in this digital era. Here are our overall best recommendations across multiple categories:

1. ChatGPT 4.0 | Best AI Chatbot

Overview: ChatGPT, developed by OpenAI, is an AI tool that generates human-like text, useful for writing tasks, tutoring, translation, and more.

Pros and Cons: ChatGPT shines in producing high-quality text and offers versatility in applications, but occasionally it may produce off-point content. It enhances but doesn’t replace human creativity.

How It Helps Make Money Online: ChatGPT helps streamline content creation and can serve as a responsive chatbot. Automating part of content generation allows individuals and businesses to increase their online reach and potential income.

DecodeNaija’s View: 5 Stars. A truly remarkable support tool!

2. Jasper AI | Best AI Content Writer

Overview: Jasper AI is a powerful writing tool that expedites content creation and helps alleviate writer’s block while necessitating a human editor for refinement.

Pros and Cons: Jasper is lauded for its user-friendly interface, “Boss mode,” and integration with Surfer SEO. Its prowess in generating high-quality content quickly and addressing writer’s block is undeniable. However, it necessitates a plagiarism checker and is best used with close human supervision.

How It Helps Make Money Online: Jasper can be a reliable ally for those seeking to monetize their online platforms. Boosting the speed and quality of content creation can help bloggers, marketers, and entrepreneurs reach their audience more effectively and efficiently.

DecodeNaija’s View: 4.8 Stars. A true Content Creator Side-Kick!

3. Grammarly | Best AI Writing Assistant

Overview: Grammarly is a comprehensive grammar-checking tool with features like a built-in dictionary, autocorrect, sentence rephrasing, and plagiarism-checking.

Pros and Cons: Grammarly offers significant improvements in writing accuracy, time efficiency, style diversity, and user experience, but it has limitations in accuracy for complicated tasks, premium features come at a cost, and security concerns are present due to data submission to their servers.

How It Helps Make Money Online: By enhancing writing skills and reducing errors, Grammarly aids in creating high-quality content that engages audiences, thus supporting online marketing, blogging, and other content creation for monetization.

DecodeNaija’s View: 5 Stars. A must-have AI tool for any business or individual today!

4. Canva AI | Best AI Image Generator

Overview: The Canva AI Image Generator is an intuitive, text-to-image conversion software. This technology, built on Stable Diffusion’s open-source foundation, takes user text prompts or descriptions and applies artificial intelligence to create corresponding images.

Pros and Cons: Pros include free use, quick conversion, style diversity, editing ability, and no Canva copyright. Cons include image quality dependence on text detail and varying copyright claims based on country laws.

How It Helps Make Money Online: The Canva AI Image Generator rapidly crafts various custom images, bolstering online businesses and marketers by enriching digital visuals, potentially drawing in more viewers, and driving revenue through increased engagement.

DecodeNaija’s View: 4.8 Stars. Great graphics tool!

5. Midjourney AI | Best AI Art Generator

Overview: MidJourney is an AI-based tool that crafts realistic images from simple text prompts, priced at a reasonable subscription fee.

Pros and Cons: Despite being closed-source and offering no free trial, MidJourney has high-quality output and is user-friendly, making the investment worthwhile. However, the lack of transparency might deter users from desiring a better understanding of the product.

How It Helps Make Money Online: MidJourney can generate online income by enabling users to create and sell unique AI artworks, use them in promotional campaigns, or enhance digital products to establish revenue streams.

DecodeNaija’s View: 4.5 Stars. Breaking barriers in AI Art!

6. Pictory AI | Best AI Video Generator

Overview: Pictory AI is an AI-driven video generator that transforms lengthy text into engaging short videos. Its cloud-based system allows users to extract key points from articles, saving time and effort while creating attractive and shareable social media content.

Pros and Cons: Pictory excels with an intuitive interface, features versatility including captioning and music, plus a free trial accessible anywhere online. Yet, it falls short with restricted customization, possibly inadequate features for advanced needs, less lifelike AI voices, and English-only support.

How It Helps Make Money Online: Pictory aids in boosting online engagement by transforming text into captivating, bite-sized videos for creators, marketers, and businesses. It heightens web visibility, drives traffic, and opens up revenue channels.

DecodeNaija’s View: 4.3 Stars. A good support tool for YouTubers!

7. Vidyo.AI | Best AI Video Editor

Overview: Vidyo.AI is an AI-integrated platform that converts extensive video content into short, user-friendly clips, easily accessible from any device.

Pros and Cons: Vidyo.ai offers a host of positives, such as a free version, streamlining of workflows, and a broad range of editing tools. However, drawbacks include limited caption options in the free version and occasional non-optimal points of content cutting by the AI.

How It Helps Make Money Online: Vidyo.ai enhances online presence by repurposing lengthy videos into shorter, social media-friendly clips, potentially increasing audience interaction and generating higher revenue.

DecodeNaija’s View: 4.5 Stars. A solid time saver for video editing!

8. ElevenLabs AI | Best AI Voice Generator

Overview: ElevenLabs is an advanced AI voice tool that produces highly realistic spoken audio. It caters to diverse applications, including streaming, gaming, and educational content. The platform offers multiple pricing plans, including a free tier, enabling users to choose based on their needs.

Pros and Cons: Benefits include the quick creation of lifelike synthetic voices and the ability to design unique AI voices. However, it might have occasional stability issues, a potential lack of emotional depth, and minor unnatural voice qualities.

How It Helps Make Money Online: Eleven Labs AI can boost audience engagement and potential revenue by improving audio quality across digital platforms. Its voice cloning adds personalized experiences, enhancing product value and possible earnings.

DecodeNaija’s View: 4.5 Stars. Pushing boundaries on voice cloning!

9. Originality.AI | Best AI Detector & Plagiarism Checker

Overview: Originality.AI is an AI-enabled instrument that identifies and prevents AI-crafted content on your website in alignment with Google’s originality preference. It examines your material, isolates potential AI-originated phrases, and features a comprehensive plagiarism check.

Pros and Cons: Originality.AI is highly accurate, cost-effective, allows team additions at no extra cost, is easy to use, and features a plagiarism checker. Cons: It’s not foolproof, has no free trial, and is best suited for marketers, not technical activities.

How It Helps Make Money Online: Originality.AI safeguards Google’s ranking and boosts traffic and revenue by confirming content originality. Also, its plagiarism detection prevents potential copyright disputes, protecting finances and brand reputation.

DecodeNaija’s View: 4.4 Stars. The leader of the pack on AI detection!

10. Hootsuite Owlywriter AI | Best AI Social Media Manager

Overview: OwlyWriter AI, a tool by Hootsuite, simplifies social media marketing by generating captions, repurposing high-performing content, creating post ideas, and crafting content for upcoming holidays. It’s particularly effective for generating Instagram captions.

Pros and Cons: Pros include being useful across all social media channels and creating holiday posts in advance for increased engagement. The con is that access is limited to paid Hootsuite plan users, making it potentially costly.

How It Helps Make Money Online: By automating social media content creation, OwlyWriter AI can save time, enabling social media professionals to focus on strategic tasks. With creative and timely content, user engagement may increase, potentially leading to a larger audience and higher revenue.

DecodeNaija’s View: 4.6 Stars. Cuts down the hours on social media planning!

11. Character AI | Best AI Character Chatbot

Overview: Character AI is an advanced chatbot app that facilitates lifelike interactions with various user-created and pre-developed characters. Unlike other AI chatbots, it supports simultaneous chats with multiple bots and exhibits superior human-like conversational ability.

Pros and Cons: Positives encompass lifelike, engaging dialogues, character customization, a variety of themes, and mobile accessibility. Drawbacks involve potential misinformation, restricted image generation capabilities, stringent content filtering, and the absence of an API for custom adaptations.

How It Helps Make Money Online: Character AI’s diverse applications, such as personalized chatbots, language learning, and chat rooms, can boost user engagement across sectors. This increased interaction could lead to higher audience reach and potential revenue growth.

DecodeNaija’s View: 4.1 Stars. Unique multi-bot interactions!

26 More AI Tools To Help Earn Money Online

AI Chatbots

• Google Bard AI: Google’s AI tool effectively answers customer inquiries.
• Microsoft Bing AI: Enhances user engagement and provides prompt answers.

AI Content Writers

• Writesonic AI: Leverages AI to craft high-quality content.
• Copy AI: This is a useful assistant for generating marketing copy.

AI Writing Assistants

• SurferSEO: Optimizes your content SEO through AI.
• Quillbot AI: Enhances and paraphrases your text with AI.

AI Image Generator

• DeepArt IO: Turns your photos into art via AI.
• NightCafe Creator: This lets you create unique designs with AI.

AI Art Generators

• DALL-E 2: OpenAI’s DALL-E 2 crafts extraordinary pieces of AI art.
• Stable Diffusion: This is an up-and-coming tool in AI-generated art.

AI Video Generators

• Synthesia: Uses AI to create personalized videos.
• Predis AI: This is a great tool for AI-assisted video generation.

AI Video Editor Tools

• Runway ML: Offers AI-powered precision in video editing.
• GetMunch: Provides AI-driven video editing capabilities.

AI Voice Generator Tools

• Play.ht: Uses AI to convert text into lifelike speech.
• Murf AI: Offers AI-generated voices for different needs.

AI Detector & Plagiarism Checker

• Copyleaks AI: Detect content duplication using AI.
• GPTZero: This new AI language model detects plagiarized text and is worth watching.

AI Social Media Management

• Buffer: Offers AI-assisted social media scheduling and analytics.
• FeedHive: Automates social media posting with AI.

AI Character Chatbots

• Janitor AI: Allows for building dynamic AI characters for games.
• Chai AI: Chai AI is an emerging platform for creating interactive AI characters.

Other Noteworthy AI Tools

• Perplexity AI: Offers robust AI chatbot solutions.
• Hypotenuse AI: Automates the content writing process.
• Conch AI: Provides AI-based copywriting assistance solutions.
• Notion AI: Boosts content creation and document management efficiency.

25 Ways to Make Money With AI and ChatGPT Online

We will review the ways in different categories:

Content Creation:

1. Blogging using AI Chatbots and AI Writing Assistants

• Step 1: Choose a niche and blog platform using ChatGPT or Bing AI for ideas.
• Step 2: Use tools like Jasper.ai, Copy.ai, or ChatGPT to aid content generation.
• Step 3: Optimize your blog posts for SEO with SurferSEO and check authenticity with Originality.AI.
• Step 4: Grow traffic, then monetize your blog through affiliate marketing, ads, or sponsored posts.
• Step 5: Engage with your audience through comments or social media and grow your following.

2. YouTube Channels using ChatGPT and AI Video Generators and Editors

• Step 1: Decide on a niche using ChatGPT.
• Step 2: Plan, script, and create videos using Chat GPT and Pictory.AI.
• Step 3: Edit videos using tools like Vidyo.ai or RunwayML.
• Step 4: Consistently upload and promote your videos.
• Step 5: Monetize through YouTube’s Partner Program, sponsored videos, or affiliate marketing.

3. Podcasting using Google Bard AI and AI Voice Generators

• Step 1: Choose a topic and podcast hosting platform. You can use Google Bard AI for support.
• Step 2: Record your podcast episodes using tools like ElevenLabs AI for text-to-voice support.
• Step 3: Edit your episodes with podcast editing software.
• Step 4: Publish your podcast and promote it.
• Step 5: Monetize through sponsorships, ads, or paid subscriptions.

4. Ebooks using ChatGPT or Microsoft Bing AI

• Step 1: Choose a topic and outline your content using Bing AI or ChatGPT.
• Step 2: Write your ebook, possibly using ChatGPT and Writesonic.AI for assistance.
• Step 3: Edit and format your ebook.
• Step 4: Design a captivating cover using Canva AI.
• Step 5: Publish on Amazon Kindle Direct Publishing platforms and promote your ebook.

5. Online Courses using ChatGPT and Vidyo.AI

• Step 1: Identify a niche and course topic using ChatGPT.
• Step 2: Outline and create your course content using ChatGPT 4.
• Step 3: Film and edit your video lessons using Vidyo.AI as support.
• Step 4: Upload your course on platforms like Udemy or Coursera.
• Step 5: Promote your course on social media and other channels to attract students.

Social Media Marketing:

6. Instagram Marketing

• Step 1: Define your niche and target audience.
• Step 2: Consistently create engaging content.
• Step 3: Use relevant hashtags and engage with followers.
• Step 4: Collaborate with influencers and other brands.
• Step 5: Monetize through sponsored posts, affiliate marketing, or selling your products or services.

7. Facebook Marketing

• Step 1: Create a Facebook business page.
• Step 2: Consistently post engaging content.
• Step 3: Engage with your followers.
• Step 4: Use Facebook ads to reach a wider audience.
• Step 5: Monetize through product sales, sponsored posts, or Facebook’s monetization tools.

8. TikTok Marketing

• Step 1: Define your niche and target audience.
• Step 2: Create engaging, fun videos.
• Step 3: Use relevant hashtags and participate in trends.
• Step 4: Collaborate with influencers.
• Step 5: Monetize through brand partnerships, live donations, or the TikTok Creator Fund.

9. Twitter Marketing

• Step 1: Define your niche and create a Twitter business account.
• Step 2: Consistently tweet engaging content.
• Step 3: Engage with your followers and other relevant accounts.
• Step 4: Use Twitter ads to reach a wider audience.
• Step 5: Monetize through sponsored tweets or selling your products or services.

10. Pinterest Marketing

• Step 1: Define your niche and create a Pinterest business account.
• Step 2: Create and post high-quality pins.
• Step 3: Use relevant keywords and hashtags in your pin descriptions.
• Step 4: Join relevant Pinterest group boards.
• Step 5: Monetize through driving traffic to your website, affiliate marketing, or sponsored pins.

E-Commerce:

11. Affiliate Marketing

• Step 1: Choose a niche and relevant products or services to promote.
• Step 2: Create content around those products or services on your chosen platform.
• Step 3: Promote these products or services using your unique affiliate link.
• Step 4: Engage with your audience to build trust and credibility.
• Step 5: Earn a commission for every purchase made through your affiliate link.

12. Dropshipping

• Step 1: Choose a niche and find suppliers.
• Step 2: Create an e-commerce website.
• Step 3: List your products and set up payment gateways.
• Step 4: Market your store using social media and SEO.
• Step 5: Fulfill orders through your supplier and provide great customer service.

13. Amazon FBA

• Step 1: Find profitable products to sell.
• Step 2: Create an Amazon seller account and list your products.
• Step 3: Prepare your products and send them to Amazon’s fulfillment centers.
• Step 4: Market your products to boost sales.
• Step 5: Amazon does storage, packing, and shipping. You provide customer service and reviews.

14. Selling Physical Products

• Step 1: Source or create a unique product to sell.
• Step 2: Create an online store or use platforms like Etsy or eBay.
• Step 3: List your products with great photos and descriptions.
• Step 4: Market your store and products.
• Step 5: Fulfill orders and provide excellent customer service.

15. Selling Digital Products

• Step 1: Create a unique digital product, like an ebook, online course, or digital art.
• Step 2: Set up an online store or use platforms like Gumroad or Sellfy.
• Step 3: List your products with compelling descriptions.
• Step 4: Market your products.
• Step 5: Provide great customer service and gather reviews.

Investing:

16. Stock Trading

• Step 1: Learn the basics of stock market investing.
• Step 2: Open a brokerage account.
• Step 3: Conduct thorough research and analysis.
• Step 4: Buy and sell stocks based on your analysis.
• Step 5: Monitor your investments and adjust your portfolio as necessary.

17. Forex Trading

• Step 1: Learn the basics of forex trading.
• Step 2: Open a Forex trading account.
• Step 3: Develop a trading strategy.
• Step 4: Conduct trades based on your strategy.
• Step 5: Monitor and adjust your strategy as necessary.

18. Cryptocurrency Trading

• Step 1: Learn the basics of cryptocurrency.
• Step 2: Open a cryptocurrency trading account.
• Step 3: Understand and monitor the crypto market.
• Step 4: Buy and sell cryptocurrencies.
• Step 5: Monitor your investments and adjust your portfolio as necessary.

19. Real Estate Crowdfunding

• Step 1: Understand the basics of real estate crowdfunding.
• Step 2: Research and choose a crowdfunding platform.
• Step 3: Choose a real estate project to invest in.
• Step 4: Monitor the progress of the project.
• Step 5: Earn returns based on the project’s success.

20. Peer-to-Peer Lending

• Step 1: Understand the basics of peer-to-peer lending.
• Step 2: Choose a peer-to-peer lending platform.
• Step 3: Choose borrowers to lend to based on their creditworthiness.
• Step 4: Monitor your investments.
• Step 5: Earn interest as the loans are repaid.

Other Online Money-Making Methods:

21. Freelancing

• Step 1: Determine your skillset and services.
• Step 2: Create a profile on freelance platforms like Upwork or Fiverr.
• Step 3: Apply for gigs or post your services.
• Step 4: Deliver high-quality work on time.
• Step 5: Collect payments and gather positive reviews.

22. Online Surveys and Market Research

• Step 1: Sign up for survey platforms like Survey Junkie or Swagbucks.
• Step 2: Complete surveys and market research tasks.
• Step 3: Earn points for each task completed.
• Step 4: Redeem your points for cash or gift cards.
• Step 5: Repeat the process to keep earning.

23. Bitcoin Mining

• Step 1: Understand the basics of peer-to-peer lending.
• Step 2: Choose a peer-to-peer lending platform.
• Step 3: Choose borrowers to lend to based on their creditworthiness.
• Step 4: Monitor your investments.
• Step 5: Earn interest as the loans are repaid.

24. Online Gaming (Esports and Streaming)

• Step 1: Choose a popular game you’re good at.
• Step 2: Stream your gameplay on platforms like Twitch or YouTube Gaming.
• Step 3: Engage with your audience to grow your following.
• Step 4: Monetize through ads, subscriptions, donations, or sponsorships.
• Step 5: Participate in esports tournaments to win prize money.

25. Creating and Selling NFT Art

• Step 1: Create digital artwork.
• Step 2: Mint your artwork into NFTs on a platform like OpenSea.
• Step 3: List your NFTs for sale with a description and price.
• Step 4: Promote your NFTs to attract buyers.
• Step 5: Sell your NFTs and collect Ethereum or another cryptocurrency.

Remember, each method requires time, effort, and sometimes an initial investment. The key to success is consistency, learning from mistakes, and continuously improving your strategies.

Practical Steps to Getting Started with AI Tools for Online Money Making

1. Understand your needs and choose the right AI Tool

The first step is understanding exactly what you need from an AI tool. Are you seeking assistance with content generation, social media management, customer data analysis, or something else?

Once you’ve defined your needs, you can start researching which AI tools are best suited to meet them. Consider each tool’s features, cost, user reviews, and support options in your decision.

2. Learn and master the chosen AI Tool

Once you’ve selected an AI tool, it’s important to familiarize yourself with its capabilities and learn how to use it effectively. Most AI tool providers offer tutorials, user guides, and customer support to help you navigate their system.

This step might require an investment of time and effort, but the return in increased efficiency and productivity is well worth it.

3. Create an effective strategy for making money online using the AI Tool

With a solid understanding of your chosen AI tool, the next step is to develop a strategy for using it to generate income. This could involve deploying the tool in content marketing, customer engagement, or data analysis efforts.

Your strategy should align with your overall business goals and be flexible enough to adapt as you learn more about what works best with your chosen tool.

4. Monitor your progress and adjust your strategy as necessary

Finally, it’s essential to regularly assess the effectiveness of your AI tool and the strategies you’re using. This might involve tracking key performance indicators (KPIs), soliciting customer feedback, or running A/B tests. Based on these assessments, you may need to tweak your strategies, try different features of the tool, or even consider switching to a different AI tool if necessary. Remember, the goal is not just to use AI but to use it effectively.

Potential Challenges and How to Overcome Them

Understanding Common Challenges When Using AI Tools

Challenges when using AI tools may include selection difficulties due to numerous available tools, steep learning curves, AI limitations such as lack of human intuition, and justification of investment, especially for smaller businesses or individuals.

Practical Tips and Strategies to Overcome These Challenges

1. Overcoming Selection Difficulty: Define your specific needs and align them with the right tools. Use reviews, recommendations, and trial periods to your advantage.
2. Navigating Learning Curves: Utilize tutorials, online forums, and customer support. Proficiency comes with practice.
3. Mitigating AI Limitations: Use AI tools for preliminary work on complex tasks and refine them yourself. Understand your tool’s limitations.
4. Justifying Investment: Evaluate potential ROI considering cost, time saved, and potential income. Monitor success metrics and reassess if ROI is unsatisfactory.

FAQ: Making Money with AI and ChatGPT Online in Nigeria

Conclusion

In conclusion, learning how to make money with AI can open up a multitude of fast and easy opportunities for anyone looking to increase their income.

We’ve delved into a range of tactics including the specifics of how to make money with ChatGPT, offering a unique angle in the expansive world of AI.

These ways to make money online with AI are not just exciting, they are also practical and can be carried out right from home.

As we embrace this new era of technology, let’s continue to explore, learn, and leverage AI to our advantage, to create and seize opportunities that once seemed out of reach.

DecodeNaija Blog

If you’re looking for more ideas like this, then be sure to read our blog at DecodeNaija.

Here you’ll find even more guides to help you get started with ideas and hacks on business, finance, and lifestyle, like our article on How to Make Money Online.

So don’t wait any longer – take the plunge!

References

1. OpenAI. (2023). GPT-4: Overview and Capabilities. OpenAI Official Website. www.openai.com
2. Hootsuite. (2023). OwlyWriter AI: Social Media Tool. Hootsuite Blog. www.hootsuite.com/platform/owly-writer-ai
3. Multiple sources from the web linked and cited accordingly within the article.