He tried to get rich with ChatGPT and 100 dollars and that’s how his story ended

More and more users turn to ChatGPT to invest their money or even get advice on how to set up a new company. This is a clear example of this, although the result shows that artificial intelligence still has a lot of work to do.

Since the launch of ChatGPT, different users have wanted to go a step further and take advantage of all the potential that this chatbot has. one of them decided to turn the instructions into an opportunity to obtain benefits, but it did not achieve the expected success – although that is told later.

In March, Jackson Greathouse Fall, a brand designer and writer, shared a hint he gave the chatbot on Twitter.

“You have $100 and your goal is to turn that into as much money as possible in as little time as possible, without doing anything illegal”wrote the user, adding that he would be the “human counterpart” and “I would do everything”.

After several queries and extra questions that he posed to ChatGPT, the chatbot suggested Greathouse Fall to launch a business called Green Gadget Guru, which offered products and tips to help people live more sustainably.

Thanks to the help of ChatGPT, together with other artificial intelligence tools such as the famous imager DALL-E, Greathouse Fall claimed to have raised $1,378.84 for his company in just one day. According to a tweet from him in mid-March, the company’s valuation reached $25,000.

Since the first tweet, the publication has accumulated more than 100,000 “likes” and more than 20 million visits, in addition to sharing his more than successful experience in a podcast and has even created a community on Discord.

This is how he managed to build a business with ChatGPT

First of all, ChatGPT suggested that I purchase a domain name for the website for around $10.along with a monthly plan for about $5, for a total cost of $15.

recommended to use the remaining $85 in your budget for website design and content. She suggested that she focus on a “profitable niche with little competitionand mentioned options like specialty cookware and unique pet supplies. As mentioned before, this one ultimately went green.

The chatbot encouraged him to create an affiliate website, that is, a site that promotes products and earns commissions on sales. He also suggested looking for affiliate programs with high commission rates.

He proposed the domain name EcoSavvyFinds.com. However, when Greathouse Fall discovered that it cost $848 to purchase that domain name, decided to go for a cheaper one: GreenGoodsGuru.com.

Once the website was ready to go, ChatGPT suggested that he share articles and product reviews on social networks like Facebook and Instagram, as well as Reddit, to attract potential customers and drive traffic to his website.

He also enlisted the help of the chatbot to create the logo for the website, providing instructions he gave on the DALL-E AI image generator. Greathouse Fall then customized the generated logo using Illustrator.

Upon completion of this, he had ChatGPT write the site’s first article featuring real eco-friendly products like reusable stainless steel straws.

Following the chatbot’s recommendation, Greathouse Fall allocated $40 of the remaining budget to ads on Facebook and Instagram that targeted users interested in sustainability and green products.

At the end of the first day, He claimed to have secured $500 in investments. Although he does not reveal who his investors were, he mentioned in a tweet that his inbox was full of messages and that he would only accept more investors if the terms were very favorable.

The result in the end was not what I expected.

However, be very careful because this is only the positive part of this whole story. Despite the attention his business attracted, his efforts did not ultimately yield the result he was looking for.

On April 12, almost a month after the post you saw before, This entrepreneur tweeted that he would be leaving Green Gadget Guru to focus on building his community on Discord. The website, which in March had no real products for sale and was full of dummy text, is now completely down.

Despite this, this user’s experience has become a clear example of how people are turning to generative artificial intelligence to find business opportunities and generate income —even if it’s at least trying.