The Truth About AI and Making Money Online

The Truth About AI and Making Money Online

All right, my people, listen up. So you’ve heard about this new AI stuff, right? They say it’s gonna make you rich, like bathing in money kind of rich. And of course, the scammers are out there, working their magic, trying to convince you that this AI, especially chatGPT, is the answer to all your financial dreams. But let me break it down for you. Why do they say hustling is gonna make you the next Bill Gates? Now, they say they can do it all, coding and creating content like a boss, making those time-consuming tasks in the tech and online marketing world seem like a cakewalk. But hold up, before you go all ‘show me the money,’ let’s take a closer look.

First off, they claim AI can make fully automated YouTube channels for you. Like, you give Chachi PT a prompt, and it types out a script for your video, slap some visuals on it, and bam, you’ve got a money-making YouTube channel. But here’s the catch. To actually get that sweet ad revenue flowing, you need to hit some serious milestones: 4,000 hours of watch time and 1,000 subscribers. Sounds easy, right? Nope. Less than one percent of channels ever reached that level. YouTube saw it was tough, so they brought the bar down a bit to 3,000 hours and 500 subscribers. But even if you make it to the promised land of getting paid, most of you are only making a few bucks a day. You don’t want to be like SpongeBob, all happy about a few bucks.

I ain’t hustling for that, man. Making videos is hard work, but AI alone ain’t gonna cut it. It’s like they want you to believe it’s gonna be a piece of cake. One of the key ingredients of a good scam, remember? But here’s the truth: it ain’t there yet. You won’t see millions of channels run by robots because, well, they’re just not as good as real creators. I mean, come on, you’d rather watch some dude with personality and quirky energy like Mr. Beast than a robot.

And for the final year, when you lift the lid, the glitter is delivered by drones. They engage you, they entertain you, they make you laugh. The AI, on the other hand, well, it’s more dry, like texting your secret crush that isn’t really interested in you.

So what about those millions of channels trying to ride the AI wave on YouTube? Yeah, they are not seeing the views. ‘Cause YouTube knows what’s up. The algorithm knows better content when it sees it, and it ain’t falling for that BS.

Oh man, drop shipping. The scam that keeps on giving. If you’ve been living under a rock and haven’t heard about this dream, let me school you real quick. So drop shipping is all about finding these overseas companies selling cheap stuff on AliExpress or Alibaba, right? Then you set up a fancy website from Shopify, jack up the prices, and when someone buys from you, you turn around and order it from the overseas seller, giving them the buyer’s addressable shipping. Boom, you keep the profit. Sounds like a brilliant plan, right? Well, hold up, ‘cause here’s the catch. You won’t be the only one with this million-dollar idea. There are thousands of folks trying to ride that drop shipping train, and guess who else is on board? Yeah, the giants like Walmart and Amazon. They got faster delivery, better brand recognition, lower prices, and an endless selection of products. I mean, they’re like the cool kids at the party, and you’re just trying to crush it.

And don’t even get me started on those drop shipping courses. They make it sound like a walk in the park, but they conveniently forget to mention that people could just hit ‘sub’ and buy it themselves at the lower price. Sneaky, right?

You might be wondering, how do these people that create these videos make their money? By creating content on how you could make X amount of money using their method. That’s how they get paid. You click on their videos, and they add revenue. Well, some sell courses, and others promote affiliate links. But you know what? Some people did make some bucks with drop shipping, and yeah, some are making money with AI. But let me tell you, that lack of competition in a zero barrier to entry business is the only issue here. Making $1,000 a day with AI ain’t as magical as they make it seem.

Now, they got this thing where chatGPT predicts stocks for you. Can you believe it? All the financial influencers are pushing it like it’s the golden ticket to Wall Street riches. Even CNN Business jumps on that train. But hold up, let’s just be plain ridiculous, man. You can’t trust their AI to play with your hard-earned money, right?

But I get it. Financial education is scarce out here, and folks are just trying to find an easier way to invest, paying financial pros a cheap fee. And who wants to throw two grand at someone to tell you how to spend the remaining grand? So people turn to the internet for advice, and that’s where the AI trap comes in. Sure, those hedge funds got those fancy AI programs coded by geniuses with PhDs in everything. They crunch numbers, look at data, and play the market game. But here’s the thing: they work on specific strategies, and even they fail sometimes. And when they do succeed, guess what? The market’s smart. It figures out their moves and starts doing the same. So much for that edge, right? See, investing ain’t like passing a bar exam, where you memorize legal stuff and call it a day. AI’s got its training data, but it ain’t a crystal ball. It’s like letting someone bring a laptop full of case law to the exam. Not cool at all.

And Chachi PT ain’t your financial advisor. It’s just predicting what words to type next, not taking your situation into account. So don’t be fooled by the hype, folks. But there are channels like Plain Bagel, Two Cents, Ben Felix, and Rob Berger, just to name a few, which will teach you about the fundamentals of finance and investing. These guys are a few of the hidden gems. They also aren’t flashy and won’t promote specific investments. The best part is, it’s free.

Now, there are some people making big bucks off AI, but they are in a different league. First, you have those AI geniuses who create these programs, starting their companies or scoring sweet deals with big tech giants. Then you’ve got investors in AI companies riding that wave from the start. And lastly, regular businesses are using AI to boost efficiency, not building from scratch like it’s some sort of fairy tale that will give you a happily ever after ending.

Oh man, AI, the scam that keeps on giving. They claim it’s easy to use, but let me tell you, there’s a learning curve, folks. You’ve got to look up guides online to figure it all out. And that’s when the scammers swoop in, soaking up them sweet clicks. They lure you in with clickbait like ‘Use ChatGPT to be a millionaire.’ But when you watch the video, it’s like a total backtrack. They’re like, ‘Don’t risk your money, AI is not for everyone.’ Classic bait and backtrack move right there. They cover their tracks, so if they get called out, they’re like, ‘Oh, you didn’t watch the whole video.’ Sneaky little devils, ain’t they?

And you know what’s messed up? Not everyone clicks on the video, but the damage is already done ‘cause they saw that flashy thumbnail. It’s like believing in magic. Like, what the…? Man, you see, ChatGPT can make you a multi-millionaire, and you’re like, ‘Hell yeah, sign me up.’ But they conveniently forget to tell you the opposite.

But let me tell you, starting a business or investing, it’s not all glam and excitement. Now, it’s a long-term, boring, and disciplined game. Ain’t no easy shortcuts. So, all my friends, even the wealthiest people in the world know that. So here’s the deal: if you really want to make that dough, you’ve got to understand how money works. And this so-called new and amazing technology? Well, it’s just being turned into the world’s greatest scam. Use AI to boost your productivity, not to expect it to do everything for you. Don’t fall for the hype, my people. I’m not saying AI can’t help you, because it certainly could. Stay woke, stay smart, keep hustling. Now, that’s some priceless advice.

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