17 Ways to Make Money With AI

The AI revolution is here, and that means more ways for you to make money.

Man And AI Robot

Worried about AI taking your job? You might be surprised to learn that while AI does pose a big threat to some roles, it also offers plenty of new and innovative ways to help you earn income. Here are 17 ways to make money with AI in Canada, plus what you need to do to get started.

1. Train AI

Laptop on a desk displaying a digital interface with the text

How much you can earn: The pay rate varies substantially depending on the platform, the complexity of the tasks you need to perform and whether you have any special expertise. Rates range anywhere from $5 to $150 per hour.

How it works: Tech firms continue to work on refining and improving their AI models, ensuring that they can produce more reliable and accurate responses in real-world situations. Several legitimate companies pay Canadians and people from all around the world to help train AI models. Once you’ve created an account on an AI training platform, you’ll be able to pick and choose specific tasks to complete. These tasks can be quite basic, such as tagging images or recording audio, or they can be much more involved. In return for your time, you’ll either get paid an hourly rate or a flat fee per job. In most cases, payment is made via PayPal.

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2. Write

Blog written on typewriter

How much you can earn: According to Indeed, the average base salary for a freelance writer in Canada is $28.91 per hour.

How it works: Freelance writers can use AI tools to write blog posts, articles, sales copy, poems, ebooks and novels. You could look for ways to monetize a blog, generate sales from marketing emails, develop content for client websites and a whole lot more. There are also AI editing tools to help you perfect your grammar and punctuation.

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3. Create online courses

Man taking an online course at home

How much you can earn: Varies.

How it works: AI course generators make it quick and easy to create interactive courses online, including videos, quizzes and assessments. You can create educational content around a huge variety of niches—from parenting and personal finance to fitness or learning an instrument—and you can then sell those courses through your own online training platform or on sites like Teachable and Udemy.

4. Develop an app

Close up App store logo on cellphone screen

How much you can earn: Varies depending on the size of your audience and how you monetize your app.

How it works: Got a great idea for an app that could provide real value to people? Maybe it’s an app to help people manage their money better, track their wellness habits or plan a party? Whatever the case may be, lots of AI app builders out there make it much quicker and easier to develop your own app. Some advanced options are best suited to developers with coding experience, but others, such as Base44 and Glide, are no-code builders. You can then sell your app through Google Play and Apple’s App Store.

5. Create and sell art

A person's hand using a black stylus to draw a vibrant, multi-colored swirl design on a digital tablet.

How much you can earn: Varies.

How it works: AI art and image generators can craft amazingly detailed and realistic content. You can create and sell AI-generated artworks on your own website or established online marketplaces, or use print-on-demand services to sell physical items featuring your work. Alternatively, you could market your services as a freelance graphic designer, creating logos, ads and marketing materials for businesses.

Sougweng Chung

Success story: Sougwen Chung

Canadian-born, UK-based Sougwen Chung is not your traditional artist. This award-winning, multi-disciplinary artist specializes in human-machine collaboration, using a combination of hand-drawn and computer-generated marks to understand the relationship between people and machines. Chung’s work has featured in famous galleries around the world, including the Victoria and Albert Museum in the UK, and saw the artist included in the TIME 100 AI list in 2023.

6. Build websites

A laptop sitting on a desk showing a WordPress website editor on the screen.

How much you can earn: Varies depending on the size and scope of the project as well as your experience. You could charge $300 to $500 for basic websites for small businesses, or a whole lot more for larger jobs.

How it works: Whether you want to build a website for your own business or provide website-building services to others, AI is your friend. There are AI tools to help with everything, from graphic design and layouts to copywriting and SEO optimization. Wix, Squarespace and Hostinger are just a few examples of popular AI website builders.

7. Make YouTube videos

An over-the-shoulder view of a person using a tablet to watch a video on an online platform

How much you can earn: Sources vary, but data from Influencer Marketing Hub reveals that the average YouTuber earns 1.8 cents per view.

How it works: Scroll popular content on YouTube and you’re bound to come across AI-generated videos—educational explainers, quizzes for kids, ASMR videos, top-10 lists and much more. A quick Google search makes it easy to find AI tools that can turn text, image and video prompts into videos. AI can create voiceovers for your content as well, while there are also platforms designed to automate the video editing process.

Adavia Davis

Success story: Adavia Davis

22-year-old Adavia Davis, a college dropout from the US, has built an AI-generated content creation business that makes $700,000 a year. As reported in Fortune, Davis’ network churns out a host of YouTube videos known as “AI slop.” His content includes funny animal videos, pranks, Minecraft content aimed at younger audiences, and even lengthy history documentaries. And the best part? Davis says it only takes about two hours of work a day to manage his channels.

8. Social media management

Cellphone with a company instagram profile open

How much you can earn: According to Indeed, the average base salary for a social media manager in Canada is $22.87 per hour.

How it works: Social media managers have a lot of roles to fulfill, but there are plenty of AI tools that can help you take your social game to the next level. From brainstorming content ideas to generating videos and graphics, writing and scheduling social media posts and analyzing data, AI platforms allow you to automate and enhance your social media marketing.

9. Affiliate marketing

Blackboard with message "affiliate program"

How much you can earn: You can generally earn a commission of between 5% and 20% on each sale.

How it works: Affiliate marketers promote products sold on third-party platforms like Amazon or Rakuten. If someone clicks an affiliate link in your content and then purchases a product, you earn a commission. AI can help automate a range of key affiliate marketing tasks, like building websites, writing content, creating videos and creating marketing emails.

10. Record an audiobook

books on different colors and earphones

How much you can earn: It depends on sales numbers and royalties. For example, authors on Audible can earn royalties of up to 40%, while audiobook prices vary depending on their length. Books one to two hours long are priced at $7 to $10.

How it works: Writing and recording a novel or a non-fiction audiobook? AI tools can guide you through every step of the writing process, from developing ideas and characters, developing an outline, refining your text, editing and proofreading the book, and even narrating your finished work. You can then sell your audiobook on platforms like Audible and Spotify.

11. Invest

A futuristic, glowing digital interface overlaying a blurred office setting.

How much you can earn: Varies, but there is also the possibility of losing money.

How it works: AI opens up a long list of possibilities for investors. Perhaps the simplest way to make money with AI is to invest directly into artificial intelligence companies or buy units in an AI-themed ETF. Robo-advisors are also a form of AI and use algorithms to build and manage investment portfolios based on the financial goals and risk tolerance of investors. And then there are AI tools to help you screen and pick stocks, analyze market data, identify trends and opportunities, and even to help day traders with algorithmic trading.

12. Create an online store

Online Shop displayed on computer screen

How much you can earn: Varies.

How it works: AI tools make it easier than ever before to set up and start making money from an e-commerce store. You can use an AI website builder to create your store, use content creation tools to generate sales copy and product listings, plus use AI to generate logos, send marketing emails, touch up product images and more.

13. Work as a translator

Woman with earphones making notes

How much you can earn: According to Indeed, the average base salary for a freelance translator in Canada is $26.97 per hour.

How it works: Several AI translation tools make it quick and easy to convert content from one language to another. Freelance translators can offer their services through sites like Upwork, while you can also use these AI tools to offer text and video content in multiple languages for your customers.

14. Start a podcast

Podcast Recording Equipment

How much you can earn: Varies depending on the size of your audience.

How it works: Podcast generators let you turn text into audio and choose from a range of voice options. Audio mixing, noise reduction and other editing tasks can also be automated with AI tools. You can then consider ways to monetize your podcast, such as ads, subscriptions for premium content, and selling your own products or merch.

Goldie & Frenchie

Success story: Goldie & Frenchie

If you’ve ever come across Goldie & Frenchie, the AI-generated dog duo behind social media videos and podcasts for the DogPack app, you’ll know just how powerful a tool AI can be for any brand. Blending humour with undeniable cuteness, this adorable Golden Retriever and French Bulldog have become a social media sensation. They discuss the big topics—like the feeling you get when your humans come home, and why dogs follow their people around the house—and provide an adorable, relatable and furry touch to the DogPack brand. All this combined has seen DogPack amass over 960,000 followers on Instagram and almost 370,000 followers on TikTok.

15. Provide AI services to businesses

A group of five business professionals sitting around a long conference table, working on laptops. A large, glowing circular holographic "AI" logo floats in the center of the table

How much you can earn: According to Job Bank data, the median hourly rate for an AI consultant in Canada is $46.15.

How it works: AI offers a wide range of benefits to help businesses save time and money, but many small business owners don’t know where to start. If you know your way around the best AI tools, you can work as a consultant to help automate a wide range of business tasks. From data entry and scheduling to answering customer inquiries and digital marketing, AI tools offer multiple ways to provide value for businesses.

16. Develop or sell AI chatbots

A person's hands typing on a laptop keyboard with a translucent purple "Chat AI" interface overlaid on the screen

How much you can earn: It depends on whether you treat it as a side hustle or a full-time gig, whether you sell simple or industry-specific chatbots, and how many clients you get. You could potentially earn hundreds or thousands per month.

How it works: AI chatbots help businesses automate time-consuming tasks like providing customer support, taking bookings and responding to inquiries. You could make money by selling subscriptions to AI chatbots designed for use in specific industries, or use your coding and development skills to customize white-label chatbots for individual businesses.

17. Provide SEO services

A top-down view of a person's hands typing on a laptop at a neat desk

How much you can earn: According to Indeed, the average base salary for an SEO specialist in Canada is $56,849 per year.

How it works: Search engine optimization (SEO) is a complicated but vital task for any business that wants to stand out online. The good news is that plenty of AI SEO tools out there can help with keyword research and optimizing content to rank well in search results. By leveraging those tools and offering your services as an SEO specialist, you could find a new side hustle or even a full-time career.

What AI tools are best for earning money?

If you want to make money with AI, here are some popular tools you may be able to use to earn extra income.

AI toolHow it worksPrice range (individual plans)
Adobe FireflyGenerative AI for creating images, audio, video and vector graphics. Provide text and image prompts to create content, with audio and video translation services also available.$21.99 per month
CanvaAn AI-assisted design tool that allows you to create videos, graphics, social media posts, logos and more.$0 – $150 per year
ChatGPTGenerative AI chatbot that you can use to have conversations, generate text and images, translate between languages and more.US$0 – $200 per month
CourseboxAn AI course generator you can use to convert videos, documents and websites into courses. Also features an AI video generator, quiz generator and AI grading and feedback.US$150 – $6,000 per year
DescriptAn AI video and podcast creation tool that offers editing tools, captions, transcription services, AI speech and more.US$16 – $50 per person per month
ElevenLabsAI audio generation tools that allow you to turn text to speech and speech to text, with dubbing and voice cloning services also available.US$0 – $99 per month
GrammarlyAn AI writing assistant that offers guidance on grammar, punctuation, tone and spelling.US$0 – $12 per person per month
Jasper AIGenerative AI platform for marketing. It offers tools for text and image creation and editing, a marketing editor and more.US$59 per person per month
LingioAn AI course creator that allows you to turn text into mobile-based training courses.From US$416 per month
MidjourneyAn AI image generation tool that allows you to transform text into images.US$96 – $1,152 per year
PictoryA text-to-video tool that also offers video editing, the ability to turn URLs or images into video, and captions.US$25 – $119 per month
PrintifyA print-on-demand platform that offers an AI image generator. Use it to create custom images that you can add to your merch.US$0 – $24.99 per month
SpeechifyA text-to-speech reader and AI voice generator that also offers voice dubbing and cloning.US$0 – $139 per year
SynthesiaAn AI video creator that lets you turn text to video in minutes, with over 140 languages and over 250 AI avatars available.US$0 – $64 per month
WixAn AI website builder that lets you turn your idea into a website and use AI tools to customize the design, layout, text and images.CA$21 – $165 per month (including business plans)

Tips to succeed in using AI to make money

  • Find your niche. It’s a competitive market, so standing out from the crowd can be difficult. You may need to focus on a specific niche or consumer issue to have success.
  • Do your research. AI technology is constantly evolving, and new tools become available on a regular basis. You’ll need to stay up to date with the latest developments to make sure you’re using the best AI tools.
  • Boost productivity. Make the most of AI tools to help increase your efficiency and productivity. From transcription apps to grammar checkers, scheduling tools and project management apps, there are plenty of tools to help you save time and get more done.
  • Fact check. Don’t assume that AI-generated content is accurate, original and ready to publish straight away. You’ll need to review it thoroughly before putting it to use.
  • Check the fine print. Check the terms and conditions of any AI tool to find out if there are any restrictions on how you can use the content you generate. Make sure you will have full ownership of the generated content and can use it however you want.

Frequently asked questions

Sources

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To make sure you get accurate and helpful information, this guide has been edited by Leanne Escobal as part of our fact-checking process.
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Tim Falk is a freelance writer for Finder. Over the course of his 20-year writing career, he has reported on a wide range of personal finance topics. Whether you're investing in stocks and ETFs, comparing savings accounts or choosing a credit card, Tim wants to make it easier for you to understand. When he’s not staring at his computer, you can usually find him exploring the great outdoors. See full bio

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