There are not unlimited clients - the available amount of contracts are limited. Before AI just the upper 20% of Fiverr workers got regular jobs equal to an income. The people that already dominated the market can accept more contracts now or work less but then there is already the line of the 2nd, 3rd best developers that are waiting for the free contracts. There is no free niche for newcomers just because the tools made it easier - the other way around. Plus in short time it will become common knowledge how easy and cheap the production cycles have become. It will become so easy for the client to create the boilerplate that they just hire people for "cheap re-adjustments". I predict that the market as we knew it will end soon.

fiverr was just an example.. another would be taskrabbit, or whatever else you can come up with. Use your imagination. gpt-4 has many capabilities that are profitable, it's just finding out a way to implement it.

What is actually profitable?

Supply will increase a millionfold, demand will stay the same. So no, it's not an easy money hack by any means.

Check out this twitter thread.

TLDR: It's about an experiment where this dude gave GPT-4 a budget of $100 and asked it to create a profitable online business in 30 days. GPT-4 came up with an idea of setting up an affiliate marketing site making content around eco-friendly and sustainable living products. It also found a domain name, a hosting service, and an investor for the project. The thread documents the progress of GPT-4’s business venture and its interactions with him and apparently it's now "valued" at 25k.

Its worth nothing at the moment, the products are midjourney images the overall website is empty. Click on any link its just the basic front design in a browser: https://www.greengadgetguru.com/

He doesnt have any investors and making up numbers :)

This. I dont see how AI will increase demand by any means.

Subtitles? I remember a company that would pay people to make subtitles for videos. The entry test was surprisingly hard so I never started but chat gpt could probably pass it and then correctly format jobs.

Too bad it doesn’t support audio yet. Also there are other AI models specifically for subtitling.

Buy a broad-based, low-cost stock market index like VTSAX. As the economy grows so will your wealth.

It may make products and services that now are beyond the economic reach of most people affordable to the masses.

Whisper is basically this, which is an Open AI product. Not enough people are realizing just how important Whisper is going to be.

This is the way. No point in speculating on specific stocks, it will be too volatile. When AI wins as a whole, this is how you get your piece of the pie.

This is what all of those thinkfluencer salesdorks on LinkedIn don't get. If your Big Idea is 'let's do the same thing as before, but scaled!' then you don't have a Big Idea.

You're pretty much just rolling the dice and hoping that THIS TIME you were the early adopters of bitcoin / first-issue comics / Beanie Babies / tulip bulbs / etc.

One thing I am looking forward to on the road of AGI is watching these people repeatedly stick butter knives into electric sockets as they're trivially undermined not just by the technology, but the groupthink of their equally unresourceful peers. And they Just. Won't. Get It. Buncha Wile E. Coyotes who keep using the exact same scheme.

Yes, I'm just now trying Whisper out. Yesterday evening I was writing a little tool to use its speech transcription, feed the transcribed text to ChatGPT API and then retrieve the response and have it spoken back to me via Microsoft Azure Neural Voices.

I didn't get it quite done yet but I think I got almost done in a few hours. It'll feel funny to leapfrog Google Home, Alexa and Siri like this in a rare opportunity lol.

It's easy to make though, so no money in it. It's already been made even so it's just hacking for fun. There's a Siri shortcut for ChatGPT too, already been made.

It's pretty wild how an amateur can make this however, and none of these big billion dollar companies have a product to do it.

Very strange feeling and moment in science.

thinkfluencers and salesdorks are excellent terms for what's on linkedin

Would work great as automated scams tho. Sounds sort of profitable in the short run and is exactly one of the things AI safety guys are warning about.