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West TimelinesWest Timelines
Home»Business»Finance
Finance

Using AI to Increase Your Income: How AI Users Earn More Money

May 8, 2024No Comments3 Mins Read
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A recent survey conducted by the AI research and presentation tool Tome has revealed that individuals who have started using AI in the past 18 months are experiencing significant increases in their earnings. The CEO of Tome, Keith Peiris, stated that a clear divide is emerging between those who are proficient in AI tools and those who are not, with the former group outperforming their peers.

The study found that many people working in sales and marketing roles are utilizing AI in various aspects of their work, such as presentations, email, research, lead generation, and marketing. The survey also discovered that 96% of those using AI reported an increase in productivity, with 93% of them attributing that increase to a rise in their earnings. Responses ranged from as little as $1,000 to as high as $1 million, with most reporting increases in the tens of thousands of dollars and 40% reporting hundreds of thousands of dollars in earnings.

The survey identified the top 10 AI tools being used by individuals to enhance their productivity and earnings. To further explore ways to increase income and productivity using AI, an interview was conducted with the founders of two prominent AI companies – Keith Peiris from Tome and John Rampton from ArticleX. They provided insights and steps to guide individuals in leveraging AI tools effectively.

The first step suggested by Peiris and Rampton is to explore purpose-built AI tools beyond ChatGPT that can significantly impact daily tasks. An example is Tome, a presentation tool designed for persuasive communication that has helped businesses such as Stytch increase their revenue by 12X in the past year. They advised individuals to identify areas where they spend time and seek AI tools that can assist them effectively.

Rampton also highlighted the importance of using AI tools for deep work to improve the quality of time spent on tasks. Tools like Brox.ai can provide accurate predictions based on data, enabling users to make informed decisions quickly without the need for extensive testing. Integrating AI seamlessly into daily tasks and using tools like Perplexity to streamline information retrieval were also recommended to enhance productivity and ultimately increase income.

Lastly, the founders emphasized the importance of measuring the impact of AI tools on productivity and earnings, adjusting strategies as needed. They also stressed the significance of staying updated on AI advancements to remain competitive in an increasingly AI-driven market. By following these steps and actively embracing AI technology, professionals can significantly improve their efficiency and earnings, positioning themselves ahead of their peers in the evolving business landscape.

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