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GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines<\/a> and our products and services review methodology<\/a>.<\/p>\n 20 Years Trusted by By now, you\u2019ve probably used AI for something. Whether it be making a grocery list, writing an email or planning a trip. However, many experts say that more people should be using artificial intelligence (AI) to make money<\/a>. Not sure where to start? <\/p>\n Here are some ways you can use AI to grow your wealth.\u00a0<\/a><\/p>\n 1. Suggest Investment Strategies\u00a0<\/p>\n If you\u2019ve been interested in investing in crypto, Hannah Arnold, the COO at Turnkey<\/a>, said you can use AI to analyze crypto trends<\/a> to provide money-making opportunities. <\/p>\n \u201cAI agents can leverage their ability to rapidly analyze massive data sets to spot patterns and opportunities in crypto by executing automated trading strategies, providing predictive analytics, and aiding in portfolio optimization,\u201d said Arnold. \u201cAI agents being developed today can actually turn these insights and strategies into trades automatically, so investors don\u2019t need to manually execute every move.\u201d\u00a0<\/p>\n<\/p>\n Of course, AI\u2019s investment <\/a>help isn\u2019t limited to crypto. Nick Heimlich, owner of Nick Heimlich Law<\/a>, said AI can be a huge asset when it comes to any type of investment assistance. <\/p>\n \u201cLarge amounts of data can be processed by AI, and patterns and trends that are difficult to detect by a human individual can be identified. To present an example, AI-based trading programs can forecast the stock in real-time and help a trader to make better decisions,\u201d he said.<\/p>\n 2. Grow Skillset\u00a0<\/p>\n Most people know that AI can take a look at the work you\u2019re already doing and suggest ways to make it better. Brooke Triplett, the founder and CEO of She Sells with Brooke<\/a>, said users can take this a step further and use AI to learn entirely new skills. <\/p>\n \u201cIncreasing your skills with AI feedback can lead to career advancement, which will, in turn, help grow your wealth.\u201d<\/p>\n 3. Streamline Systems\u00a0<\/p>\n Triplett added that at her company, AI has identified the biggest problems and fixed them, so they can make more money with fewer obstacles. <\/p>\n \u201cIn my company, every sales call is reviewed instantly by AI. It identifies bottlenecks and moments where objections weren\u2019t handled well, or the conversation lost momentum, and pushes that feedback straight into Slack. This alone has helped us generate more revenue by improving close rates in real time. The efficiency is unmatched.\u201d<\/p>\n 4. Identify New Income Streams\u00a0<\/p>\n Not only can AI help remove the bottlenecks in your business, but it can also make suggestions on how to expand it. <\/p>\n<\/p>\n \u201cThe other application of the AI can be to monitor market trends to establish new business opportunities,\u201d Heimlich said. <\/p>\n![\"\"](\"https:\/\/cdn.gobankingrates.com\/wp-content\/uploads\/2023\/11\/icon-20.svg?webp=1&quality=75\"){kind=icon}
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