---
title: 'How to Use AI to Make Money in 2023: ChatGPT & YouTube Cash Cow Automation'
source: 'https://youtube.com/watch?v=0xF3fDWDHyE'
video_id: '0xF3fDWDHyE'
date: 2026-07-19
duration_sec: 181
channel: 'Income Chef'
---

# How to Use AI to Make Money in 2023: ChatGPT & YouTube Cash Cow Automation

> Source: [How to Use AI to Make Money in 2023: ChatGPT & YouTube Cash Cow Automation](https://youtube.com/watch?v=0xF3fDWDHyE)

## Summary

This video demonstrates a step-by-step process for creating automated YouTube videos in the finance niche using AI tools, including ChatGPT for scriptwriting, Murf AI or WellSaid Labs for voiceovers, and Pictory AI for video assembly.

### Key Points

- **Find a Niche** [00:02] — Start by selecting a niche; the video uses finance as an example.
- **Summarize Article with ChatGPT** [00:16] — Use ChatGPT to summarize a finance article, then ask it to write a script based on the summary.
- **Choose a Voiceover AI** [00:32] — Two options: Murf AI (cheaper, slightly robotic) and WellSaid Labs (higher quality, $99/month).
- **Generate Video with Pictory AI** [01:14] — Paste the script into Pictory AI, choose a style, and let AI generate stock footage and background music.
- **Customize and Export** [02:08] — Optionally use the AI tool's own voiceover, then export the final video.

### Conclusion

The video shows a complete workflow for creating AI-generated finance news videos, with the creator preferring WellSaid Labs voiceover over Pictory's built-in voice.

## Transcript

a video using only a first step is to find Niche for this video we're going to use the finance niche as an example we are gonna use check GPT to summarize this article
after it is done summarizing we can ask it to write a script
copy the entire script and we're going to use a voice over AI and for this video I'm going to show you too the first one is Murph AI welcome to January 3rd U.S stocks gained ground in a volatile
session as Wall Street tried to bounce back from a disappointing start to the week and the New Year this sounds a little bit robotic but still pretty good but here's another one this is from well said Labs welcome to the financial news
update for Wednesday January 3rd U.S stocks gained ground in a volatile session as Wall Street tried to bounce back from a disappointing start to the week and the new year this is a fantastic voice over however
it is quite pricey pricing at around 99 a month that's the plan I use to unlock all the voice actors compared to Murph AI whilst the labs this price a lot higher but the quality is better next up we're going to use pictory AI we
will paste the script onto the add tool here this is the AI that will generate the entire video for us here we can choose a style that we want to use the AI tool in after the AI finished sharing the video this is what
it looks like the I choose this one stock footage to put in depending on your script and here we can choose the background music for the video
can choose your own voice over from the AI tool itself welcome to Victory it has been shown that video increases conversion rates by 80 percent after we finish editing the video we can start to generate the final product
and here's the final video Welcome to the financial news update for Wednesday January 3rd U.S stocks gained ground in a volatile session as Wall Street tried to bounce back from a disappointing start to the
financial news update for Wednesday January 3rd U.S stocks gained ground in a volatile session as Wall Street tried to bounce back from a disappointing start to the week and the new year there's obviously more to the video but
you get the idea in my opinion I think the voiceover that we created is much better than the voice were from Victory thank you for tuning in I hope you learned something from this and most importantly take action right away