According to the latest data from Statista, AI trade evaluation came out to over $184 billion in 2024—a meaningful boost from its $50 billion evaluation in 2023. Today’s entrepreneurs across industries have the chance to capitalize on AI-driven products and services during this period of rapid transformation.
Making money using AI is easier than ever now. The 10 AI business ideas outlined in this navigator can assist entrepreneurs earn money, and—with any luck—boost a long-term competitive advantage by establishing an early presence in this recent business landscape.
What are AI automation tools?
AI automation tools are software applications that borrowing artificial intelligence solutions to perform tasks that typically require human intelligence. Those automated tasks could include things like data analysis and pattern recognition. They have a lot of benefits, such as enhancing efficiency and accuracy in various industries.
Examples of AI tool use cases include:
- Chatbots for customer service
- Machine learning algorithms for predictive analytics
- Natural language processing (NLP) tools for content production
Why should you consider starting an AI business?
The global artificial intelligence trade is projected to develop at a compound annual growth rate (CAGR) of more than 28% over the next six years, reaching a total trade worth of more than $826 billion by 2030—and the business globe is taking notice.
A 2023 McKinsey & business survey found that 55% of companies are already leveraging AI technology to back business processes, and more than two-thirds of businesses schedule to boost investments in AI over the next three years.
Entrepreneurs can receive advantage of this pattern by starting businesses designed to capitalize on the AI trade’s growth. As tools continue to evolve and corporate adoption of AI technology accelerates, businesses and service providers that borrowing AI recent business ideas will be positioned to outpace the competition.
10 AI business ideas
- Become an AI content marketer
- Become an AI content editor
- commence an AI personal assistant business
- Become an AI graphic designer
- Become an AI SEO specialist
- Become an AI social media manager
- commence an AI marketing agency
- Become an AI implementation consultant
- Launch an AI-driven customer service platform
- make an AI-powered data analytics service
There are many ways to make money with an AI-based business concept. Use these 10 profitable AI business ideas to assist jump-commence your brainstorming procedure.
1. Become an AI content marketer
Content marketing is the habit of creating and publishing content that provides worth to your target audiences. The objective is to attract recent customers and construct depend with your customer base. You can commence a content marketing business with AI-based writing tools, which use NLP, machine learning, and predictive analytics to generate human-like language in response to user inputs.
AI content marketers assist sales and marketing teams develop content marketing strategies, design prompts, and use AI-powered tools to generate content designed to meet the needs of a particular target spectators. You can also assist businesses publish content, monitor results, and adjust schedule based on act.
2. Become an AI content editor
AI-generated content isn’t always perfect, which means there’s an emerging require for AI content editors who can proofread and truth-check content generated by AI-powered systems like ChatGPT. Although an AI writing tool might allow businesses to specific voice and tone, AI-generated content is more generic than human-generated content.
The difference is particularly apparent if a business has a distinctive and well-defined brand voice. If you have a talent for creating voice-driven content, you can expand or amend AI-generated text to communicate a brand’s distinctive personality.
3. commence an AI personal assistant business
Life is packed of mundane tasks. Starting an AI personal assistant business allows companies or individuals to offload some of these tasks to you. Instead of taking it all on yourself, you can borrowing AI-powered software to efficiently complete tasks such as paying bills, scheduling appointments, or handling projects that require manual data entry, like invoicing or preparing outlay reports.
As an AI assistant business owner, you’ll be responsible for selecting appropriate AI solutions, configuring them to complete your clients’ desired tasks, and monitoring them for standard and accuracy.
4. Become an AI graphic designer
AI image generators can make branded images and other visual assets for companies, allowing entrepreneurs with minimal graphic design encounter to assist companies make visual content. As an AI graphic designer, you can assist brands develop distinctive visual identities and determine the role of imagery in their larger marketing strategies.
For example, you might use an AI-powered logo maker to make a distinctive logo and accompanying set of brand guidelines. You can then also assist companies make parameters around image type, tone, and use. Once a schedule is in place, you’ll be able to make images using an AI app and vet them for standard and consistency.
AI video production tools can also allow visual brand strategists to expand into video content production without needing an entirely recent set of technical skills. If you have a knack for storytelling and evaluating the standard of branded visuals, consider creating impactful video content for businesses using AI tools.
5. Become an AI SEO specialist
Search engine optimization (SEO) refines a site’s content and structure to generate more high-standard traffic, helping it rank at the top of search results. You can commence an AI business that offers SEO services to companies using AI-powered SEO tools.
These tools can conduct keyword research, make keyword-optimized content, monitor backlinks, track a site’s search engine act, assess competitor act, monitor page speed, and identify dead or broken links. They can also analyze data from search engines to identify trending topics and generate content ideas.
Use these tools to assist tiny businesses more affordably optimize their on-page SEO, develop SEO content, and enhance their technical SEO.
6. Become an AI social media manager
AI-powered solutions can independently make, schedule, and publish social media posts—but that doesn’t cruel companies don’t require to involve a human social media specialist.
AI social media managers assist brands develop social media strategies, configure AI tools, and oversee AI social media tools in the same way that a marketing manager might oversee a human employee.
For example, you might review scheduled content for accuracy and marketing worth, and monitor social feeds to confirm successful publishing, review standard, and manage spectators engagement.
7. commence an AI marketing agency
If you’re a talented marketing strategist with knowledge of a variety of marketing tactics, you can use AI marketing strategies and tools to commence a packed-service marketing agency.
Cutting-edge AI technology can back processes like content writing, graphic design, and video creation, allowing you to propose a wide range of services without building multiple technical skill sets. It can also boost the efficiency of research-based activities, like trade research and target spectators identification. Machine learning applications also receive on impactful tactics like offering targeted product recommendations.
AI solutions also let agency owners embrace scalable business models, allowing them to develop and implement robust marketing strategies with a relatively lean staff and bring on employees as their businesses develop.
8. Become an AI implementation consultant
Leveraging AI technology can boost business efficiency and provide business owners with a key competitive advantage—but the AI industry is also evolving so quickly it can be challenging for business owners to keep up.
If you’re passionate about AI technology, you can propose AI consulting services via an AI implementation consulting business to assist companies identify and embrace innovative solutions and remain ahead in a competitive business landscape.
9. Launch an AI driven customer service platform
If you’re interested in building an AI-driven customer service platform, it’s a great period to do it. AI CX tools are becoming almost essential within the back space. Sixty-three percent of back professionals depend AI will navigator to faster back, and 78% declare it gives them critical period back to focus on high-impact conversations.
All this to declare, AI-powered automation and gossip tools can make a huge difference for CX teams and the customers they back. There is growing demand for AI tools that can provide empathetic, human-like responses in real period, perform standard assurance checks on tickets, tackle repetitive questions like “Where is my order,” and pass off significant requests that require a human’s assist.
All of this helps back teams focus on high-attempt queries where they can make a factual impact.
10. make an AI-powered data analytics service
AI data analytics services use AI to procedure, analyze, and discover insights from data. They infuse traditional data analytics with AI capabilities, increasing efficiency and accuracy and offering more customizable solutions for businesses.
Starting an AI-powered data analytics service could be a great business concept because it addresses a growing require across industries for actionable data-driven insights. Your service can assist clients automate manual tasks associated with data analysis like data processing, pulling insights, and building customized reports. Plus, AI can assist pull predictive analytics from customer data, which helps businesses make more informed decisions overall.
Types of AI tools
As you commence your AI-powered business, here are a few types of AI tools to consider:
- AI logistics tools. AI logistics tools can assist businesses manage and optimize fulfillment processes. For example, retail industry companies can use them to monitor inventory levels, analyze supply chains, and streamline shipping processes to reduce fuel and transportation costs.
- AI-powered chatbots.AI-powered chatbots imitate natural human exchange. They can respond to basic customer requests, provide information, and back product finding. Many businesses use them to back customer service processes.
- AI-powered content production tools. Content production tools can make written, graphic, and video content and extend the capacity of sales and marketing teams.
- AI-enabled HR tools. AI-enabled HR systems can assist back hiring, monitor employee engagement and act, and automate HR-related data management tasks. For example, cloud-based attendance apps can make it straightforward to track employee attendance and monitor working hours. Training software can also use AI algorithms to make personalized learning paths, making it straightforward for HR managers to provide customized employee advancement.
- AI assignment management tools. AI assignment management tools can assist you monitor advancement, generate reports, schedule meetings, and analyze and optimize resource distribution. Some tools also incorporate throng collaboration software, which can make it easier for teams to connect on projects.
What is the expense to develop an AI business tool?
The expense to develop an AI business tool varies widely depending on the complexity of the tool and the main functions you expect it to perform. Sources cite recent business costs ranging anywhere from $5,000 to $500,000, with most costing $10,000 to $49,000 to develop.
shift forward with your AI business concept
Inspired by this list of AI business ideas? It’s period to get started: Choose the niche that you’re most enthusiastic about and put the initial steps in place to shatter into this $184 billion industry.
Shopify can be your associate in innovation, bolstering your recent business with its own suite of commerce-driven AI tools. Transform product image backgrounds, get answers for your FAQs, and assist with writing great product descriptions. Shopify can even generate personalized and relevant responses to customer questions—all with a little bit of AI-powered magic.
AI business ideas FAQ
How do you commence an AI business?
pursue these steps to commence a successful business using AI tools:
- Identify your target spectators.
- Conduct trade research.
- Develop a distinctive worth proposition.
- trade your business.
How do AI businesses make money?
A excellent AI business concept can assist you make money by charging individuals or companies for products or services ranging from consulting to content editing to graphic design.
How much does it expense to launch an AI recent business?
The expense of launching an AI recent business depends on your industry and operating schedule. In general, costs are higher for business types that require extensive investments in research, advancement, and manufacturing.
Is AI a profitable business?
Yes, businesses that borrowing AI can be profitable. The global AI trade is projected to develop at a compound annual growth (CAGR) of more than 28% over the next six years, reaching a total trade worth of more than $826 billion by 2030. A excellent AI business concept can assist you make money by charging individuals or companies for products or services ranging from consulting to content editing to graphic design.
How can AI enhance customer encounter in businesses?
AI can back better customer experiences in several ways. Use it to perform standard assurance checks on back tickets and provide responses to repetitive questions like “Where is my order?” requests so teams can focus on high attempt queries. You can also use AI chatbots to interact directly with customers via gossip on your website to provide them instant back.
