Artificial intelligence is transforming the business world — and offering opportunities to generate income.
Entrepreneurs are now utilizing AI tools to enhance productivity, engage in side hustles, and boost their earnings. By 2030, investment bank Morgan Stanley predicts that these tools will enable workers to generate over $83 billion from various income sources.
Rachel Wells — a Forbes contributor, YouTube influencer, and acclaimed serial entrepreneur — is leveraging AI to expand her business endeavors by launching a startup.
Wells shared with Scripps News that her startup aims to create an “all-in-one digital workspace,” replacing physical offices with an AI-powered platform. She plans to provide freelancers and aspiring entrepreneurs with a space to excel and unleash their creativity.
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While starting a business or becoming self-employed is feasible for anyone, Wells emphasized that AI offers unprecedented assistance. She highlighted how AI streamlines tasks that entrepreneurs used to handle manually, allowing them to focus on what they love.
“The beauty of AI is that it relieves some of that burden and enhances your work. When leveraged effectively, it can significantly reduce time spent on tasks,” Wells explained to Scripps News.
Wells also discussed how the freelance landscape is evolving, the impact of AI on job markets, and offered advice for individuals concerned about AI potentially displacing their roles.
To watch Wells’ complete interview, please view the video above.