Chat GPT, became popular in no time. OpenAI’s text-based artificial intelligence model ChatGPT has 1 million users within 5 days of launch. It is a type of chatbot that works on artificial intelligence and stands for Chat Generative Pre-trained Transformer.
People from all over the world are asking different types of questions from it and in this episode it was also asked, ‘How to make money from chatgpt in 2023’. In this regard, the model tells about 7 ways through which you can make money using ChatGPT in 2023.
1) Monetization Builds chatbot applications using the ChatGPT model and those applications can be sold or licensed to businesses or anyone. These chatbots can be used for customer service, virtual assistants or other tasks.
2) You can also earn by providing consulting or development services to help others integrate the ChatGPT model into their projects or products.
3) To improve the performance of ChatGPT model tasks, you can generate and sell training data.
4) Creating unique and engaging content for social media, blogs or websites using ChatGPT and monetizing that content through advertising or sponsored posts.
5) Create automated trends or investment strategies using ChatGPT and then earn through trading and consulting.
6) Creating a subscription-based service for customer service, virtual assistants or other functions where users pay for access to ChatGPT’s chatbots.
7) Offering a Language Model-as-a-Service (LMaaS) where businesses pay to use your ChatGPT model for specific tasks such as language translation, text summarization and more.
First Published: January 23, 2023, 13:52 IST