Author: Wes Roth

A number of tech firms are working on the future of chatbots, an AI platform trained to engage in conversation, and one in particular has gone viral… 

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Practitioners are surprised by how quickly these modern systems are developing, and some of them are starting to think we may have systems as smart as humans in as little as 10 years 

ChatGPT could wipe out his job too. 

Literally my line of work, you know, uh, apps, uh, design work, um, product design work. 

Years ago, Sam Altman, Elon Musk and others pooled more than a billion dollars to research AI that benefits humanity. And then three years ago, Microsoft threw in another billion. Talking about AI… I realized like, this is a genie that once it’s out of the bottle, you’re never getting it back in.

That’s true. 

For as long as I can remember AI was “just around the corner”.

The future was supposed to have robots that took over all menial tasks, replaced all manual labor and allowed us to sit back and do the important knowledge work that only humans could do.

But in reality it seems that Artificial Intelligence is better at replacing our knowledge work than our physical labor.

You can ask it any question and it will explain it, you can ask it to explain like you were a 5 year old.

You can ask it to explain it to you a certain style like a surfer or a cowboy in an old Western.

You can have it write essays, legal contracts, sales emails, song lyrics, translate languages.

You can ask to summarize books or videos or podcasts into bullet points.

It can write a cover letter and resume for you in 30 seconds flat.

It can create songs and lyrics in any music style or imitates any artist you want to name.

I can help you debug code…

And also just write code for you.

By typing in a prompt, it can help you create simple scripts that you can use to create plugins, apps and automate the things you do on the web.

All of this, without you needing any technical knowledge.

I asked ChatGPT to write a thousand word script for a documentary about the power of ChatGPT with some specific bullet points I wanted it to mention and it produced it flawlessly, including having parts for the narrator, a voiceover as well as some people that are being interviewed about how they use ChatGPT.

The important thing to understand is for a long time we had example of software we could interact with that could answer questions or follow commands.

Google Assistant, Alexa as well as some new home devices.

However, for the most part those were pre written commands.

If you ask Google what the weather is like, it triggers a function that was written by a human that handles that request.

This new breed of AI is a little bit different.

It draws on its knowledge to answer questions.

The answers are it’s own, in a sense that the people who designed it don’t necessarily even know what it’s going to say.

When you sign up they warn you a number of times “we don’t know WHAT this thing is gonna say. Don’t blame us.”

It learns from the massive amounts of data on the internet and with time and feedback it gets better and better.

Whatever it can do now, is just the starting point in it’s exponential learning curve.

And people are noticing. Fast.

Netflix took 41 months to reach 1 million users.

Facebook, it took 10 months.

For Instagram to reach one million users, it took 2 and a half months.   

ChatGPT Reached a million users in 5 days.

There is a MASSIVE amount of people using it everyday and the number is growing rapidly.

The reason this is important is because the AI learns through human reinforcement.

Each time someone asks it a question, or prompts it, the AI is rewarded for giving satisfactory answers.

Over time and with millions and millions of people asking millions and millions of questions and commands, this AI will keep getting better and better.

Here are some ways in which ChatGPT will completely change the world, some of these applications are already live and some are rapidly being developed.

Keep in mind that this software has been only available to the public for a bit over a month.

1. Legal Work and Negotiation.

Already people are using ChatGPT to create legal forms, contracts, terms of service for their websites.

People have used it to successfully negotiate getting out of parking tickets, lowering their cable bills and sending scary sounding legal emails.

A company called DoNotPay is already using this tech to help people cancel subscriptions, reverse fees and help people sue companies that engage in predatory practices.

2. Education and mentoring

Education will be completely flipped upside down with this.

First, you can write any paper, essay and get answers to most homework assignments in seconds.

This AI has been tested on its ability to pass advanced exams in various fields and it’s capable of passing more of them than it should be able to.

On the flip side, it provides incredible tutoring potential, especially for kids that either have special learning needs or simply don’t have the resources to go to school.

ChatGPT can create coursework, lectures for the student to read and then answer any questions, explain any hard to grasp concepts.

It will go at whatever speed the student needs to learn at.

You won’t get bored if it goes to slow, and it will slow down and keep explaining a subject to you for whatever amount of time you want it to.

Right now it’s free, but it will likely have some fee later in the future, but the cost to provide this AI to a learning institution will be negligible.

Any kid with a laptop and internet connection anywhere in the world can have a world class tutor helping them.

Again keep in mind, this is out the box so to speak.

Let people train this AI for this specific task for a few years and it’s going to be much better.

Already we have technology that can create speech from text, we can have video that is generated with AI, so if it’s better for students to see a human likeness teaching it, we have that technology.

3. Business

This is where it gets really interesting but also kind of scary because of the sheer amount of people and business that it will make obsolete.

Chat bots can interact with your customers one on one, helping them to select the right product, answering their questions and pushing them to complete the sale in your webstore.

They can follow up with them to make sure they received the package and ask for reviews.

They can write all the content for emails and social media, product descriptions etc.

AI Automation consultants will be a very in demand industry for ecommerce owners

4. Coding

Right now the AI can spit out real, working code with just a prompt.

Now it’s not the same as coding up complex software all on it’s own, but this gives the ability for anyone regardless of tech background to start coding simple scripts.

This AI can also explain exactly what each piece of code does and what steps you would need to take, to make that into a Chrome Plugin for example.

This allows millions of people to start coding, start learning for free, in their spare time.

Without attending college, paying for classes or having to schedule meetings with tutors.

Do you have getting those email opt in pop ups on websites?

Take 5 minutes and create a plugin that will eliminate them

You will have learned a new skill and also stopped a lot of frustration.

This alone can take our coding literacy from only a few select people to a large portion of the population.

5. Any creative medium

We tend to think of people who create art and graphics and movies as being “the creatives”. They are people with natural talent for being creative, having a vision etc.

A different way of thinking about this is that they are adept at using whatever medium they produce in.

A person who paints beautifully spent a lot of time and effort to learn to do that.

A Movie director spent a lot of time working with cameras, movie sets, etc

But what percent of that is creativity vs just technical ability.

If everyone had the same exception technical ability to create images and graphic design, anything they could explain well enough to a computer

ChatGPT is also a potential death threat to Google.

Here’s an excerpt from The New York Times:

“Although ChatGPT still has plenty of room for improvement, its release led Google’s management to declare a “code red.” 

For Google, this was akin to pulling the fire alarm. 

Some fear the company may be approaching a moment that the biggest Silicon Valley outfits dread — the arrival of an enormous technological change that could upend the business.

For more than 20 years, the Google search engine has served as the world’s primary gateway to the internet. 

But with a new kind of chat bot technology poised to reinvent or even replace traditional search engines, Google could face the first serious threat to its main search business. 

One Google executive described the efforts as make or break for Google’s future.”

And I agree.

I asked ChatGPT to calculate my daily calorie needed to lose weight. I gave it my age, height etc.

It did that calculation while explaining very simply how that calculation was made.

Then I asked for a meal plan based on those calories, as well as a shopping list and some recipes.

It did that. In seconds.

With no ads, no pop ups, I didn’t have to read some fluffed up article.

It was just the info I needed and nothing else.

And it was specific for me.

As I was making notes for this video, I found myself, and this happened repeatedly… 

I would open a new google search tab, stop myself…

And then go to ChatGPT and ask it the question I had.

Each time I would say ChatGPT served a much better experience than Google.

Out of the box, the experience is infinitely better.

Now it’s important to understand that these use cases I’m talking about will be minor compared to how this technology will fundamentally change our society.

We recently had a breakthrough in Fusion energy, which could mean cheap, abundant, safe energy. Which energy and computational power are potential limiting factors for the growth of AI.

If we have AI, energy and supercomputers, there are a lot of problems that can be solved if we just point it at the right problem.

For example with Genomics and genetic engineering, we know it’s theoretically possible to fix a lot of the health issues we have, 

We can also design bacteria that can eat stuff we don’t want like waste plastics and we can make it produce things that we need like biofuels.

Genomic companies like Illumina are already using AI to have breakthroughs in the field.

The founder of OpenAI refuses to make any long term predictions because he says it’s impossible to predict the exponential growth we are about to experience.

But he is saying that you should be paying attention.

Here’s his recommendation:

And so if someone, kind of going back now to the, one of the first questions I asked, if you’re a student or a founder today, if you could just, if you were to point them in a single direction for how to prepare for this world, would you say go work for a company like OpenAI?

Would it be, um, just start doing some AI research or just start anything in the field? Like start building, come to open ai, whatever. Just like get, like, don’t, don’t miss out on this one. Like, just. Speed now would be my advice. However, do it. Yep. Makes, makes total sense. 

If this stuff interests you, click subscribe.

I think we are about to see incredible change occuring in a very short time period.

I plan to be building business and solutions in this field and contributing in whatever way I can, but whether you choose to dive in OR you just want to stay informed and not get left behind, stick with me.

The biggest mistakes I’ve made in the past with regards to business and investing was to not go all in on new tech that I knew in my gut was going to be big.

And I’m not going to make that mistake again.

And this feels like the biggest thing there ever was, potentially.

My name is Wes Roth, thank you for watching.

Breaking New: New York City bans Artificial Intelligence from its public networks to keep students and teachers safe.

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Doesn’t that sound like a headline from a movie about an AI apocalypse?

We are going to hear more headlines like this in 2023, take a listen:

OpenAI released ChatGPT in November 2022.

And it has a lot of people concerned about safety.

News anchors and politicians are fear mongering about the face melting rise of artificially intelligent systems.

Creative people and software engineers are concerned about this AI taking their jobs.

And now the first shots against are fired as New York City bans ChatGPT on some of it’s networks.

“Due to concerns about negative impacts on student learning, and concerns regarding the safety and accuracy of content, access to ChatGPT is restricted on New York City Public Schools’ networks and devices,” education department spokesperson Jenna Lyle said “While the tool may be able to provide quick and easy answers to questions, it does not build critical-thinking and problem-solving skills, which are essential for academic and lifelong success.”

Teachers are in panic mode over this tool.

When shown ChatGPT writing side by side with student writing, teachers and educators cannot tell them apart.

When students were asked about ChatGPT and if they used it for school, some students were genuinely surprised that teachers even knew what ChatGPT was, which is kinda funny.

If you wanna know the latest on the AI revolution that we are living through, click subscribe and thanks for watching.

Is blocking network access to ChartGPT

So ChatGPT completely changed the investing game and not too many people are catching on quite yet.

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I’ll give you one example.

There is a channel on YouTube called Dumb Money which talks about stock trading.

Chris Camillo, one of the hosts, turned $20,000 into $10 million without any special software or formal education.

How do you ask?

He used networks like Twitter and what people are talking about on it, to gain an informational edge on the big investors on wall street.

What I had been doing was essentially looking at Twitter, looking for keywords on Twitter that were trending, um, and trying to. Understand changes in conversational volume around granular topics that were meaningful to publicly traded companies.

But it was a really difficult thing to do, just eyeballing it. So I was like, my dream, my dream as a social urban investor would be, To have a software platform that would ingest the entire Twitter fire hose, changes in conversational volume year over year, quarter over quarter, like in the two weeks prior to every iPhone release.

How many people are speaking about getting a new iPhone versus the last year and the year before that, and the year before that. But what I realized during the course of my investment,  is that when done crack, nothing else matters. Besides, besides the observational piece, the, so the arming of information, the arming of social information, I don’t look at stock price at all.

I don’t look at any fundamentals. None a single one. I don’t look at. Any technicals, and the reason why is because that will kind of skew my decisions on when it comes to the information I’m training. All I care about is was I able to identify some change that is relevant to that company that will either move the revenue needle or move the perception needle for that company once the rest of the world.

Appreciated or learned about that change, and for some odd reason, the rest of the world doesn’t see it yet. I might be an hour early, a day early a week early, a year early. 

Here is an example of one of their trades:

One of Camillo’s favorite trades was when he discovered a trend of children making slime at home. You may remember this if you had kids a while back.

Camillo said:

“It was happening globally with kids. Kids all out of nowhere started to make slime. It became a big crafting trend for kids, where they would create all kinds of different coloured slime and different textured slime just to play with at home,” 

While there wasn’t a pure-play slime company he could invest in, he found that white glue was the main ingredient in DIY slime, which was predominantly manufactured by Elmer’s. 

“When I started researching Elmer’s glue, I realized that they were selling out globally.”

Camillo promptly made an investment in the business’ parent company (Newell Brands [NWL]), which, sure enough, saw its revenue spike 50%, despite it only making up 1–2% of its total revenue. 

Camillo made close to 200% on the leveraged trade.

“That’s a really interesting example where the whole world could have seen this. There were 10s of millions, if not hundreds of millions, of families globally, where there were kids making slime. How many were able to make the connection between that and an ingredient of slime and the company that was investable?”

Spotting something like this before the big funds come in, can bring in massive amounts of money.

But competing against hedge funds meant that they would be able to use software and an army of interns to scour the info on the web, analyze it and make trades on it before you could.

Here is where ChatGPT comes in.

I’m going to ask it to analyze the sentiment of a Tweet:

We will ask it.

Decide whether a Tweet’s sentiment is positive, neutral, or negative.

Tweet: This new software is scary good

Sentiment:

Positive, it says.

A better way would be to rank how positive, let’s ask it to rank it 1 to 10.

Rank how positive this Tweet is on a scale of 1 to 10.  1 being extremely negative, 5 being neutral and 10 being extremely positive

Tweet: This is by far the best sauce I’ve ever had in my life

Sentiment: 10

That’s pretty good.

Let’s try another

“After reading that book, I felt like it had some good moments, but overall I could have done without reading it.

Sentiment”

5

I would agree with that.

“This wasn’t the best movie in the franchise, but it was up there”

7

Yeah, I mean, I would more or less agree with all of those.

Now it’s important to understand here that you can spend time to make it better at understanding Tweets and what they mean. 

If there is some way of speaking that a particular audience will use, that maybe ChatGPT won’t pick up on, you can start pulling in Tweets for it to analyze and then correct it, it will learn and over time it will be accurate in rating them.

I actually at this point asked ChatGPT if it can detect sarcasm and it replied that it’s difficult to detect sarcasm in writing without having the context or tone of voice.

Which that is true, even for humans, a tweet for example can sound legitimate, if you don’t have the context.

I actually spend a long time asking it to rate certain statements to see if they were sarcastic.

The interesting thing is that it gets it. For some statements, it will say “this might be sarcastic if it was made in reference to this” etc.

But it tends to default to saying  “it’s hard to know for sure” quite a bit.

My point is that you could easily build multiple run thoughts to rank how positive certain statements were, weed out sarcasm etc

You could replicate a human being combing through these tweets and accurately rating them.

That’s a legitimate use of this software right now.

You just need to figure out what data you want to extract.

Ok, so that’s fun. But…

How do we use it?

Well, Another thing that ChatGPT can do is write Python Scripts.

Python is a VERY powerful language for collecting data and organizing it.

I’ve always had learning Python, on my list of things I wanted to do, because of it’s ability to collect data from the internet, automate certain tasks in your browser, organize a bunch of data and throw into an excel spreadsheet etc

Using ChatGPT, we can start creating python scripts that collect data from Twitter, use ChatGPT to analyze the sentiment and then use Python to log that sentiment into some sort of a chart that tracks it over time.

And again this can be done without you being able to code.

This tech was available to hedge funds years ago, but it took many highly trained and highly paid computer scientists and data scientists to run this process.

Now, it’s possible to replicate by practically anyone willing to take the time to do it.

Mark my words, in 2023 we will see a headline that says something along the lines of “14 year old kid builds a trading algo with ChatGPT that makes thousands or millions of dollars” or something like that.

All the tech is there, the tech skills needed to create something like this went from someone with 4 plus years of college level computer science to almost anyone really.

An article just came out saying NYC is banning ChatGPT from it’s networks, because kids are already using it to write homework assignments including coding.

And the applications are limitless.

There are publicly available information on oil tanker movements across the oceans, we have publicly available information about plane flights.

The revenue of those companies is directly tied to those ships and planes moving around.

You see a particular oil shipping company’s ship never leaving port? It’s movement is down 90% from last quarter and it’s stock didn’t respond to that news?

If every person can harvest that data and analyze it with the help of AI, that will completely change how trading is done.

We are about to see some wacky things going on in the investment world.

If you are interested to know more about where AI is going and how normal everyday people will be empowered to use it, click subscribe, I’d love to be your guide on this journey.

My name is Wes Roth, thank you for watching!

Want to know how to use ChatGPT to make money?

The AI revolution is here (ChatGPT was released December 2022 to the public) and those who are first movers will make the bulk of profits (SO PAY ATTENTION!)

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In this video, I will tell you the exact playbook to build a million dollar plus business on the back of ChatGPT, the newest breakthrough in AI tech.

You’re not going to need a lot of capital to start and you don’t need advanced tech skills.

If you’ve been looking for that one BIG IDEA to go all in on… this is it.

What is ChatGPT?

ChatGPT is an amazing new natural language processing tool that is set to revolutionize the way we communicate with computers. With ChatGPT, you will be able to have seamless, natural conversations with your computer as if it were a human being. This is a huge step forward in the field of artificial intelligence and has the potential to change the way we interact with technology on a daily basis.

One of the most impressive things about ChatGPT is its ability to understand and generate human-like text. This means that you can ask it questions and it will provide thoughtful, coherent responses that feel like they were written by a real person. This level of language comprehension is truly groundbreaking and will make interacting with computers feel much more natural and intuitive.

Another exciting aspect of ChatGPT is its ability to learn and adapt over time. As you use it more and more, it will become more adept at understanding your specific way of speaking and writing. This means that your conversations with ChatGPT will only get better and more personalized as time goes on.

So what can you do with ChatGPT?

The possibilities are endless!

You could use it to have casual conversations with your computer, to get help with tasks or research, or even to write emails or documents. With its advanced language skills, ChatGPT is capable of performing a wide range of tasks that would normally require human-level intelligence.

Overall, ChatGPT is an exciting new technology that is sure to change the way we interact with computers. Its ability to understand and generate human-like text, as well as its ability to learn and adapt, make it a powerful tool that will undoubtedly have a huge impact on the world of artificial intelligence.

Building a One Million Dollar Business

Here’s a business that I started in 2016.

I scaled it to about $1.5 million in just over a year and I had about $42,000 in monthly recurring revenue at that time.

I did it from home and I didn’t hire any employees until we were approaching a million in sales.

Here’s all the sales that were coming in daily, keep in mind, this was just me doing all the work at this point.

Now, this is going to be very important in a second to understand WHY there is such a huge and urgent opportunity.

Now,

I’ve been making money online for the 12 years or so

And there is one thing that happens every once in a while, where you are almost guaranteed to make huge money.

And that is jumping on a new, emerging technology and figuring out how it works before other people.

Here is the technology adoption curve, this is how most new tech gets adopted by the people.

It starts with the small minority of people who show interest before the masses show up and then slowly over time it snowballs into mass adoption.

The people in that “early market” stage can make life changing amounts of money.

I got into SEO in 2011, started my first ecommerce business in 2012. 

I started advertising on facebook in 2014, before a lot of the big ad money moved in.

At that time me and the other people I knew in that space, everyone was making tons of money, because we arrived at this new technology before “the herd” showed up.

Same thing happened with people selling on Amazon early.

the same thing happened to people who got into crypto in the early days.

My biggest regrets in the last decade plus have been mostly not jumping on new emerging trends and not hitting it hard enough. 

I saw many people in this space make an ungodly amount of money because they saw an opportunity and doubled down on it.

I did well for myself, but

I think I left millions on the table because I didn’t have enough conviction to pursue my gut instincts and stick with it long enough to make it work.

But, that’s about to change.

We’ve been hearing about AI for a while now, but 2022 was the year where I noticed a very strong inflection point.

AI is producing writing that is excellent, 

I’ve used some of these applications and have been blown away by the accuracy and detail.

Sometimes it goes off in a weird direction, but you kinda have to push it back on track and then it will continue.

AI generated artwork is stunning and winning art competitions.

We’re beginning to see self driving cars

Google had an AI breakthrough in 2022 that may allow it to create self-learning manufacturing robots.

And now we have ChatGPT, the next big leap forward, where anyone can use it, no matter what level of tech skills they have.

Simply type in your questions and the AI will spit back answers.

Already it can create business plans, answer complicated questions, write song lyrics, fix code that you wrote and even write code and applications.

This AI can code. Some Software Engineers are even claiming it will make them obsolete within 10 years.

The potential is insane.

And this tech is improving fast.

Keep in mind, we are probably hitting that inflection point, where we go from little progress to insanely fast progress in the blink of an eye.

Check out “wait but why” a blog that’s sometimes referenced by Elon Musk, 

Check out their article on the AI revolution

But the main point to understand is this.

Computers were dumber than humans for a long time, but that intelligence grew exponentially, so when they catch up to us…

It’s not like they will just stay at our intelligence level for a while.

It will be as smart as we are for a moment in time and then become smarter and smarter at an exponential pace.

So a lot of what I’m talking about here assumes it doesn’t choose to destroy us.

But Whatever.

There are a TON of ways to make money with ChatGPT in the short term, a lot of the text and ideas it can generate can be sold as a service, replacing copywriters, graphic designers (with AI software like Dall-E), creating content, making apps that help people change their photos in fun ways, ChatGPT can create apps and scripts that you can use and sell without hiring software engineers. Etc etc

A lot of that will remove people from the workforce, like medium tier copywriters would probably be completely replaced by AI.

If you are a God-Tier copywriter, then you’re probably safe for a while, but the bottom 90% are gone for sure.

But a lot of those outputs will reduce the price that people are willing to pay for that output.

For example, I used to pay writers $150 to $250 for long form, well researched articles.

Now, I can generate a lot of great written content for free with AI, so I’m not going to pay the same rates anymore.

Again, for the top 1% of writers, that might not be the case.

For example if you have a law degree and experience with trademark law and I need a really high quality article on trademark law, I won’t use AI for that, I will pay you whatever you want.

But the bulk of the work, the cost to produce it drops to $0.

So business ideas where you are selling the direct output of the AI, those are great business in the short term.

People will print money for years for minimal amount of work, BUT

Overtime the market price of those services will drop

Because more people will provide that service, more people will learn to use these AI tools and more people will develop these AI tools etc.

Where I see the potential for big money is a little different.

A few years ago I was chatting to a close family friend. 

He used to work in aerospace and then transitioned to working in AI, really plugged into that whole ecosystem.

I asked him for advice on what are the most exciting tech opportunities he is seeing. Specifically to start a business in.

He told me I should start a business doing automation consulting.

Now at the time I dismissed the idea because I thought I needed to have really advanced tech skills, some tech degree, probably needed to be able to code etc.

Either that or hire high six figure employees that could do that for me.

So, while I thought the opportunity was great, I dismissed the idea because I lacked tech skills and capital.

I was wrong to do that.

The reality of that idea was too early for me to grasp it.

Now, a few years later, you don’t need coding skills to generate AI outputs.

You don’t need capital, because most of these tools are free.

What YOU need to do is take this insanely useful technology, that no one fully grasps yet.

And solve real problems with it.

That’s what great businesses do, they solve real problems.

Your ability to generate money with these tools will be directly proportional to the problems you can solve with this.

Remember the business I scaled from $0 to $1,000,000 that I showed you earlier?

The reason I was able to do that is because companies that are born online today, are very different from how they were 30 years ago.

I didn’t manufacture my own product, I had a contract manufacturer make it and ship it to me.

I did not ship out my own product, I had a fulfillment center that someone else operated to pack and ship my products.

For a fee.

I didn’t answer customer calls and emails when they came in, I had an overseas customer service call center that handled everything for me and sent me reports and call logs every night.

I outsourced bookkeeping and accounting.

I went to freelance sites like upwork.com when I needed help with graphic design or if I need someone to write some script or piece of code.

Most of the business was handled by software.

Shopify for taking orders.

Something like MailChimp or Klaviyo for sending emails to customers.

I’ve used content agencies like WordAgents to get high  quality written content at scale so I didn’t need to hire writers or write it myself.

I just sat here at home, in front of this computer and ran ads because that’s my core skill set, but many business owners I know outsource that to digital marketing agencies who run their Google and Facebook ads for them.

So it’s important to understand that there are entire industries that popped up in the last 10-15 years that made it easier for businesses to just “do their thing” and outsource the rest.

Most of these businesses and services didn’t exist a few decades ago.

Third party fulfillment centers, Upwork, Email Marketing Services, Shopify all of these are relatively new.

What they all do is they do one thing really well and they provide that service for a bunch of other businesses.

And now comes this new thing, these AI tools that can create intelligent, custom automation.

The market for this a few years ago was close to zero.

In a few years, it will be Billions and Billions of dollars.

People are ready to buy these services right now.

If you came to me and said

“Would you pay to have AI create content for your email subscribers and send it to them daily?”

Yes.

“Would you like an AI chatbot to answer any questions your customers have about your products in real time 24/7?”

Yes

“Would you like those chat bots to also try to either get those customers to buy something on the site or at least try to get their email or phone number to follow up with them later?”

Oh my god, Yes

Would you like the AI to help you:

Automate the sales process?

Help train new employees?

Follow up with customers to make sure they got their product and if they have any questions about it?

Following up with customers to get reviews and asking them to recommend you to their friends.

There is no business owner that will say no to that.

The value to them will be immense.

The cost to you is close to zero.

A whole new industry will emerge for people doing this kind of work.

Maybe it will be called “AI automation consultant” or something similar.

This is the important thing to understand.

This is a new thing where you’re providing custom solutions to businesses.

The value comes from training the AI to do the thing that is unique to that business.

We already have mass scale, cookie-cutter solutions.

There are mass solutions for sending bulk email, or automating sending postcards to customers after they buy or texting them their package tracking code.

The software we have now does the “one to many” communication really well.

I can send an email to millions of people, I only write it once and the software copies it a million times.

But that’s not as good as me communicating one on one with a customer. That custom, personal communication is lost with mass email.

Chat AI can bring that back and communicate with each customer one on one, even if millions of them are simultaneously on the site. (that’s actually what ChatGPT website is right now).

And with some work and patience that chat experience can be tailored and optimized for each business.

Which every business will want, and they don’t even know it exists yet.

We haven’t even scratched the fact that this automation will get rid of the workers, saving tons of money, reducing overhead, lowering the chances you will be sued for something, lowering how much you pay to stay compliant with Human Resource laws etc.

So, the bad news is that this tech will displace a lot of jobs.

That’s a real threat and the founders of Open AI have discussed on various podcast and shows how important it is for us to address this as AI takes over.

The good news is that the people who hop on this train early (like, right now) will potentially create generational wealth as people and businesses start adopting AI at a rapid pace.

After coming up with an outline for this video, I actually decided to ask ChatGPT

how to make money with chat gpt?

Here is what it told me

It is possible to make money with ChatGPT (or any other language model) by using it to create and sell valuable content or services. Here are a few ideas:

Create and sell chatbot services: You can use ChatGPT (or another language model) to build chatbots that can carry out automated conversations with users. These chatbots could be used for customer service, lead generation, or other business purposes.

Generate unique content for websites or social media: You could use ChatGPT to generate unique articles, blog posts, or social media updates for businesses or individuals.

Offer language translation services: You could use ChatGPT (or another language model) to translate text from one language to another.

Create and sell educational or entertaining products: You could use ChatGPT to create educational or entertaining products such as online courses, ebooks, or games.

Keep in mind that ChatGPT is a tool, and it will be up to you to come up with creative ways to use it to create value for others.

If you see the potential here, hit subscribe.

I will be covering this more, including showing you how I’m planning to make money with this new technology.

We are still VERY early on, but the rate of change will increase, so you want to hop on the train so to speak, because it’s getting faster and faster.