- This year started with one of the biggest innovations
to hit the public in the 21st Century, ChatGPT
- ChatGPT?
- Fascinating.
- We're kicking things off
with an ad that I created using ChatGPT.
- ChatGPT, you look at that and you're like,
"Wait a minute, this is real."
People are like, "This is bad,
this is gonna take away jobs."
- Similar to the internet being around a decade made
before it was widely available,
ChatGPT is the first tool
that has given us a glimpse
of the magnitude artificial intelligence is going to have
on our everyday life.
It can write you a customized workout plan,
create a piano piece inspired by Beethoven
while simultaneously diagnosing what's wrong with your car.
And this is only the beta version.
It's predicted by 2030 the artificial intelligence
will replace 10% of the world's manufacturing jobs.
And now with ChatGPT in the equation
something that's personally crossed my mind,
is anything I'm doing currently going to get replaced
by artificial intelligence?
And that's why I analyzed what can I do personally
to keep myself from getting replaced by this AI technology?
And that's when I found three skills.
Three skills that we can develop
to not only become irreplaceable
by whatever this wave of AI technology throws at us,
but once applied they can become weapons
to make us much more valuable which means more money.
And if this video gets 2000 likes
I'll consider doing another one in the series.
I recently shared some AI tools
that I'm using to make money.
And some pushback I received from some of you was,
"Aren't the businesses that are already in those industries
going to dominate the new opportunities
that are popping up?"
For example, if I already run a copywriting business,
won't this AI technology just increase the barrier
to entry of new people entering in?
And the answer to that should technically be yes,
it should make it harder
for new participants to enter the market.
But here's why that's not the case.
And even more importantly, why it doesn't even matter.
There's a term in business called the industry lifecycle.
It's the five stages of the business
and it starts at the introduction phase
and goes all the way to the decline phase.
But in the middle is a section called the shakeout stage.
And this is when a few competitors in the market
gain strength over other competitors.
So where as in before the copywriting business example
where we have big companies dominating the market.
Now by implementing this artificial intelligence,
ChatGPT, they could be eliminating
a massive amount of time and workforce.
A copywriting company, in theory,
could downsize from 30 people down to five people
while still generating the same work production.
And this translates to higher margins.
And these higher margins
are going to create a vacuum effect.
And this is because industries that have higher margins
with lower barriers to entry,
which the AI is now creating,
will create new space
for competitors to come in that charge cheaper prices.
But that's assuming all of these big companies
implement the AI right away.
Despite many people thinking
larger companies are better than smaller companies,
that isn't the case all the time.
The longer a company has been around,
the more corporate baggage they acquire
and the more bureaucratic they become
when implementing change.
So there's a chance that something like AI,
let alone ChatGPT won't be implemented
across all of the big companies right away.
And this is where smaller businesses
and even one-man operations
would have a potential advantage in the markets.
And this is why there is a skill
for being able to identify
where AI has penetrated these markets
and has created these price gaps.
For example, here on YouTube
there are people making thousands of dollars every month
running faceless YouTube channels.
On top of that,
there are companies that are charging individuals
on helping them get these
faceless YouTube channels up and running.
But with ChatGPT's abilities to write stories and scripts
and AI softwares that can take text
and convert it over to video
such as Synthesia or Steve.AI,
this is going to open up the market now
for channels that take advantage of this
on the ability to push out much more content
at a lower cost per video.
And I'm currently working on a system right now
where I can make 120 YouTube shorts
in just a few hours time
which I will be talking about in the coming videos.
But how exactly do you find these emerging opportunities?
Other than immersing yourself on Twitter
or freelancing sites,
one of the best ways to spot
opportunities or potential problems in existing markets
is just to understand the tool you're going to be using
to fix these problems.
And this is why we must develop a skill
to prompt ChatGPT to maximize the output that we get.
Right now about 84% of the world
has access to Google and the internet.
And on that front, we're all on the same playing field.
But it's the individuals and businesses
that know how to leverage the power of the internet
and how to utilize it properly
that are the ones making all of the money.
And we are going to see the same thing with ChatGPT
and other AI technologies.
For ChatGPT, the people who understand
how to input the correct commands
will not only have an advantage,
but we could start seeing in the future
where entire skill sets shift.
For example, with copywriting, you could say
that the top two skills would be English and writing.
And in the future, that could be
who can effectively prompt ChatGPT the best.
Let's say you want ChatGPT to give you
a list of questions typically asked by an interviewer.
And that's fine.
ChatGPT will give you that list of questions commonly asked.
But why not choose this prompt instead.
I want you to act as the interviewer.
I will be the candidate
and you ask me the interview questions for this
insert whatever position you want.
I want you to only reply as the interviewer
and only ask the next question once I respond.
You can get the point here.
But not only do you get different questions,
but you get an entirely different experience.
But ChatGPT can be anything.
The key is telling it to act as an expert.
For example, I run a business on Truro
where I rent out one of my vehicles
and I had an issue with one of my cars.
After prompting ChatGPT to act as a mechanic
I was able to ask ChatGPT a series of leading questions
to try and diagnose what was wrong.
Now, the AI gave me a list
of two of those things that it could possibly be.
One of those being a bad camshaft sensor,
which I didn't even know what it was.
I then called my mechanic
who I normally use to just service basic-type needs.
And I asked him if he fixed camshaft sensors
and he told me he would not do do it
for that particular vehicle model.
So I ended up going to another mechanic and guess what?
It was actually a bad camshaft sensor.
And had I actually taken it to my other mechanic
I would've had to pay $180 diagnostic fee regardless.
Now, I'll leave a link down below
for a list of prompts that you can play with
and they're pretty fun to play around with.
But understanding how to identify opportunities
and effectively prompt ChatGPT
is only two thirds of the equation.
Because there's one more skill that we need to develop
to make sure that our current business or position
doesn't get replaced by this AI technology.
Now, as mind blowing as ChatGPT is right now,
it still does have its limitations.
For example, let's say I have a transcription business
where I convert other YouTuber's videos
into other languages.
Yes, ChatGPT will do some of that for me,
but they're not going to add text on screen
or do a voiceover.
And that's why it's imperative that we develop the skill
of being able to understand other AI tools
that work in conjunction with ChatGPT.
And on top of that,
how to build a team around a powerful software.
And if there's anything to take away from this video
it's this third skill right here.
Once everyone knows how to prompt ChatGPT,
it's the people that understand
how to leverage these other tools
as well as having a few other key individuals around them
that will be making the most money.
Let's say you wanna start creating
logos or designs for someone.
Yes, there are text to image softwares
that can convert your text over to AI art.
Open AI, the company that created ChatGPT, has Dall-E.
And then there are a few other ones out there as well
such as Midjourney and Night Cafe.
But just as important as it is
to becoming familiar with these other tools
that are coming to market,
it's equally, if not more important,
to be able to find individuals you can build around.
Steve Jobs didn't know how to code
but he knew how to build a team and this gave him access
to something that he didn't even really know about.
And we could see this even with ChatGPT and coding.
So if you ask ChatGPT to act as an expert coder
it will give you code
for whatever it is that you're looking for.
But if you're running code for someone
and you don't know anything about it
there's a chance that this could be wrong.
Not only can ChatGPT be wrong sometimes,
but it takes data that's not newer than 2021.
So it might be good to have someone at a base level
that understands coding
that you can toss this over to just to have double check.
So yes, I do think it would be naive to say
that ChatGPT and AI won't take some jobs.
I mean, leech collectors
used to be a popular job in the medical field.
But for the most part, at least for the foreseeable future,
I think that if we can develop these three skills
not only will we not lose our position
in whatever it is that we're doing,
but I think we stand to make more money in the long term.
But these were just three skills.
To see four specific use cases
on how you can use artificial intelligence
to make money starting today.
Click on this video right here.