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

0h 03m video Published Jan 4, 2023 Transcribed Jul 19, 2026 I Income Chef
Beginner 2 min read For: Content creators and entrepreneurs interested in automating YouTube video production using AI tools.
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AI 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.

[00:02]
Find a Niche

Start by selecting a niche; the video uses finance as an example.

[00:16]
Summarize Article with ChatGPT

Use ChatGPT to summarize a finance article, then ask it to write a script based on the summary.

[00:32]
Choose a Voiceover AI

Two options: Murf AI (cheaper, slightly robotic) and WellSaid Labs (higher quality, $99/month).

[01:14]
Generate Video with Pictory AI

Paste the script into Pictory AI, choose a style, and let AI generate stock footage and background music.

[02:08]
Customize and Export

Optionally use the AI tool's own voiceover, then export the final video.

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.

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Tutorial Checklist

1 00:02 Select a niche (e.g., finance).
2 00:16 Use ChatGPT to summarize an article and write a script.
3 00:32 Copy the script into a voiceover AI (Murf AI or WellSaid Labs).
4 01:14 Paste the script into Pictory AI and choose a style.
5 02:08 Customize background music and voiceover, then export the video.

Study Flashcards (5)

What is the first step in creating an AI-generated YouTube video according to the tutorial?

easy Click to reveal answer

Find a niche (e.g., finance).

00:02

Which two voiceover AI tools are compared in the video?

easy Click to reveal answer

Murf AI and WellSaid Labs.

00:32

What is the pricing for WellSaid Labs as mentioned in the video?

medium Click to reveal answer

$99 per month.

01:14

Which AI tool is used to generate the video with stock footage and background music?

easy Click to reveal answer

Pictory AI.

01:14

What does the creator prefer over Pictory's built-in voiceover?

medium Click to reveal answer

The voiceover from WellSaid Labs.

02:48

💡 Key Takeaways

💡

Voiceover AI Comparison

Provides a direct comparison between two popular AI voiceover tools, highlighting cost vs. quality.

00:32
🔧

Pictory AI Workflow

Demonstrates a practical application of AI for automated video creation, a key technique for content automation.

01:14

✂️ Creator Tools: Viral Hooks

AI-generated clip ideas for Shorts based on the transcript

AI Money Making Step 1: Niche & ChatGPT

32s

Quick, actionable steps for making money with AI appeal to viewers seeking passive income.

▶ Play Clip

Best AI Voiceover: Murph vs WellSaid Labs

56s

Side-by-side comparison of AI voiceover tools sparks debate and saves viewers money.

▶ Play Clip

AI Video Generator: Pictory Demo

54s

Live demo of AI creating a full video from script is highly educational and visually engaging.

▶ Play Clip

[00:02] 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

[00:16] after it is done summarizing we can ask it to write a script

[00:32] 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

[00:48] 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

[01:01] 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

[01:14] 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

[01:29] 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

[01:45] 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

[02:08] 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

[02:22] 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

[02:34] 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

[02:48] 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

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