AI is everywhere these days—it's just not always called "AI." From the navigation in your car to the grading system at your kids' school, cutting-edge AI technology is helping us get quicker results.

This blog post contains 59 AI and machine learning business ideas to consider as AI heads towards becoming a 2,575.16 billion dollar industry by 2032 (it's hard to even conceive how big that number is, let's be real).

Quick Warning: Some of these AI businesses get pretty technical, but not all AI-based businesses require experience. Hint? ⬇️⬇️⬇️

AI + Amazon = Recurring Income for Life! See how everyday people with no degrees or experience in tech or writing are using self-publishing to retire early, pay for their children's tuition, and travel whenever they want to! Students have used our proven system and seen results like an extra $2,000 or even $10,000 a month in extra income. It's all in this free webinar.

How to Use AI to Make Money

Here are some AI-based ways to make money and business ideas to explore:

• AI Writing & Marketing Services
• Chatbot Services
• Predictive Analytics:
• AI-Driven Social Media Marketing
• Virtual Reality & AI Integration

We'll dive more into each of these categories later!

What Artificial Intelligence Business Ideas Can I Start?

The cool thing about AI is that you DON'T need to build an AI tool from scratch to start a business or to start making money online.

So, what can you do instead?

You can use existing AI tools to make money. Leverage them to offer services like writing assistance, chatbot solutions, or predictive analytics without a steep learning curve.

Pros of Starting an AI Business

• Lower Operational Costs
• Improved Customer Experience
• Unlimited Data Analysis

Cons Of Starting an AI Business

• Requires Ongoing Practice & Continuing Education
• Legal Uncertainties
• Growing Market Competition

59 Profitable AI Business Ideas to Start in 2024

Get ready for 59 ultra mega business ideas to try this year:

#1: Publishing Books on Amazon

Amazon KDP has made publishing accessible to literally anyone with a computer and pays KDP publishers monthly royalties for every book sale.

Benefits Of Self-Publishing on Amazon

• High Profit Potential: Self-publishing on Amazon can bring in a pretty penny, especially with AI writing tools that streamline the publishing process.
• Cost-Effective and Efficient: You can publish the same book in several different formats with the click of a button to boost your royalties. Plus, you can leverage AI to write the books!
• Diverse Market Reach: With AI, you can create a variety of content types that appeal to different audiences, increasing your market potential.

AIA Course

The AI Publishing Academy is backed by tens of thousands of students all over the world and has already generated millions of dollars in collective royalties.

Student Testimonials

Richard was fighting lung cancer when he started self-publishing and, despite his health challenges, started making more than $2,000 per month with his first books!

Webinar

Wanna know how Richard did it? He followed the same exact framework we share in this free webinar!

#2: Start an AI Marketing Agency

• AI Advertising: Optimize ad campaigns with AI-driven targeting and bidding strategies.
• AI Content Creation: Generate high-quality content using AI tools in a fraction of the time using a fraction of the resources as starting from scratch.
• AI Analytics: Provide insights, trends, and predictions based on AI-powered data analysis.
• AI Social Media Management: Use AI for scheduling and optimizing content.
• AI SEO Optimization: Improve search engine rankings and discoverability with AI tools.

Top Tools:

-Buffer

-Salesforce

-Sprout Social

#3: AI Recruitment & HR

• Automated Resume Screening: Save time and find more suitable candidates by having AI pre-screen applicants.
• Performance Monitoring: Track employee performance and identify skill gaps to create better training.
• Attrition Prediction: Use AI to predict potential employee attrition and develop retention strategies.

Top Tools:

-Rippling

-LinkedIn

-TalentMesh

#4: Automation Apps

• Streamlined Processes: Use AI-powered chatbots to handle customer questions with much quicker response times.
• Content Creation Tools: Use AI-driven writing tools to help businesses produce more relevant content for their audience.
• Automate the Busywork: Help businesses schedule their emails, newsletters, and SMS materials.

Top Tool:

-Zapier

-LeapWork

-ClickUp

#5: AI-Powered Predictive Analytics for Healthcare

• Early Disease Detection: Use AI to analyze Electronic Health Records (EHRs) and wearable data to identify disease patterns and initiate quicker interventions.
• Hospital Resource Optimization: Forecast patient traffic to manage room availability and doctor schedules.
• Personalized Medicine: Develop custom treatment plans based on AI analysis for improved outcomes.

Top Tools

-Freenome

-Virtue Sense

-Iterative Health

#6: AI Content Creation Services

• AI Blogging & Article Writing: Use AI tools to create engaging, SEO-optimized content for websites and blogs, specifically tailored to the target audience.
• AI Social Media Posting: Automate the drafting and scheduling of social media posts to reach the audience at optimal times.
• AI Email Marketing: Personalize email campaigns with AI-generated subject lines and content to improve open and click-through rates.

Top Tools:

-Canva

-Midjourney

-Dall-E

#7: Chatbot Services for Customer Support

• 24/7 Assistance: Provide round-the-clock customer support.
• Industry-Specific Options: Offer templates for specific niches with specialized responses.
• Improved Customer Experience: Use AI chatbots to provide consistent answers and enhance overall customer interactions.

Top Tools

-Intercom

-Sprinklr

-Zendesk

#8: AI-Based Inventory Management

• Optimize Inventory Levels: Use AI-powered systems to monitor current stock.
• Enhanced Forecasting: Analyze historical data to predict future inventory needs.
• Improved Customer Satisfaction: Maintain optimal stock levels to meet customer demand.

Top Tools

-IBM Watson Supply Chain

-Zebra Technologies

-NetSuite

#9: AI-Powered Education Platforms

• Personalized Learning: AI-powered solutions can tailor the curriculum to individual learners.
• Adapt Lessons: Natural language processing models can quickly adapt lesson plans to make them more or less challenging.
• More Learning Opportunities: AI-powered systems offer features like gamification, interactive lessons, and real-time feedback, which ultimately lead to better student outcomes.

Top Tools

-Coursera

-Duolingo

-Knewton

#10: Start an AI Based Retail Business

• AI Inventory Management: Optimize stock levels, forecast demand, and reduce costs by analyzing sales data and customer behavior.
• Pricing Optimization: Use AI to analyze market data and customer behavior to decide when it might be a good idea to run sales.
• AI Marketing Strategies: Use AI technologies to develop targeted, personalized promotions (like birthday promos, anniversary promos, etc.)
• Data-Driven Decisions: Use AI insights to make more informed decisions across all aspects of the business, from inventory to customer engagement.

Top Tools

-Vue.ai

-ai.Fashion

-Amazon Go

#11: AI-Powered Logo Maker

• Speed: Create logos in seconds, reducing turnaround time significantly compared to traditional methods.
• Variety: Access thousands of templates, colors, and styles.
• Customization: Fine-tune design elements like fonts, layouts, and color schemes to match client and brand preferences.

Top Tools:

-Canva

-Looka

-LogoMaker

-Hatchful

#12: AI-Powered Video Analytics Solution

• Real-Time Activity Detection: Automatically detect and analyze unusual activities, providing instant alerts.
• Operational Efficiency: Automate routine monitoring tasks to make sure the business is always protected.
• Data-Driven Insights: Generate actionable insights from video or website data to help businesses make better decisions.

Top Tools

-BriefCam

-Intelli-Vision

-Deep Vision

#13: AI-Driven Financial Planning Tools

• Automate Financial Processes: Use AI tools to automate parts of routine accounting and financial management.
• Reduce Manual Errors: Let AI-powered solutions minimize errors in budgeting and financial planning.
• Accurate Forecasting: Lean on a good AI tool for better financial modeling and forecasting.

Top Tools

-Betterment

-Wealthfront

-Personal Capital

#14: AI-Enabled Cybersecurity Services

• Real-Time Threat Detection: Develop algorithms to detect and stop unauthorized activities instantly.
• Vulnerability Assessments: Use machine learning to scan and identify system vulnerabilities.
• Intrusion Detection: Use AI tools to identify unusual behavior and prevent breaches.
• Automated Incident Response: Provide AI-guided remediation and recovery plans for quick threat response.
• Tailored Solutions: Offer customized cybersecurity services for different industries and business needs.

Top Tools

-Darktrace

-CrowdStrike

-Vectra AI

#15: Personalized AI Shopping Assistants

• Convenience: Help customers save time by getting personalized product recommendations based on their preferences and interests.
• Personalization: Share details like age range, budget, and favorite brands to help the AI suggest products they'll love.
• Discover New Items: Use AI tools to offer suggestions for relevant products that might not have been on the customer's radar.
• Improved Recommendations: The more a customer uses the assistant, the better it gets at understanding and refining their tastes.

Top Tools

-Shopify Ping

-Evolv AI

-Personal.ai