3 Ways to Make Money With OpenAI GPTs in 2024 | Summary and Q&A

TL;DR

OpenAI has released a new GPT product that allows users to create customized versions of chat GPTs. There are three main opportunities to make money with GPTs: building GPTs for the GPT Store, creating custom GPTs for businesses, and specializing in GPT strategy and development as a freelancer.

Key Insights

• 🤑 OpenAI's new GPT product offers significant opportunities for making money in the AI industry.
• 👨‍💼 The three main opportunities are building GPTs for the GPT Store, creating custom GPTs for businesses, and specializing in GPT strategy and development as a freelancer.
• 😫 Private data sets and APIs can provide a competitive advantage in the GPT Store.
• 🥺 Building GPTs for businesses using the assistant API can lead to long-term success and consistent revenue.
• ❓ Learning Python and JavaScript is valuable for freelancers specializing in GPT strategy and development.
• 🏛️ Joining AI communities and building a personal brand can help freelancers attract clients.

Transcript

so you missed the make money with chat GPT Trend well good news a new chat GPT opportunity has just arrived and it's even bigger than last time open AI has just released their all new gpts product which is said to be the biggest opportunity in AI of 2024 these new and exciting gpts are already being adopted by the world's largest companies like Sho... Read More

Questions & Answers

Q: What are GPTs and how can they be customized?

GPTs are tailored versions of chat GPTs that can be fully customized to specific use cases. Users can provide written instructions (prompting), add their own files (knowledge), and incorporate custom actions to define how their GPT behaves.

Q: What is the GPT Store and how can money be made from it?

The GPT Store is a marketplace where users can create and list their GPTs. Revenue sharing is promised for popular GPTs, making it a potentially lucrative opportunity. However, competition may arise, so creating GPTs with unique private data sets or APIs is crucial for long-term success.

Q: How can money be made by building custom GPTs for businesses?

The real value lies in creating GPTs using OpenAI's assistant API for businesses. Specializing in AI agency solutions and offering tailored GPT solutions to businesses can generate consistent revenue. The strategy involves building GPTs for websites, reaching out to businesses, and charging for services.

Q: How can freelancers specialize in GPT strategy and development?

Freelancers can become GPT specialists by learning Python and JavaScript, building their expertise in using the assistant API, and joining AI communities to find clients. Building a personal brand and offering freelance services to agencies that need GPT development can be a profitable opportunity.

Summary & Key Takeaways

• OpenAI has released a new GPT product, offering the biggest opportunity in AI in 2024.

• GPTs are being adopted by major companies like Shopify, Snapchat, and Canva.

• Users can create customized versions of chat GPTs for various use cases, such as AI yoga coaches or real estate data analysts.