I Asked ChatGPT To Make Me As Much Money As Possible

Introduction

Hi, my name is Andre Dick, and I hope you’re doing well. Today, I'm diving into a fascinating experiment where I asked ChatGPT 4.0, a powerful AI model, to help us turn $ 100 into as much money as possible in the shortest time frame. This idea was inspired by a story that circulated on Twitter about Jackson Fall, who embarked on a similar venture using ChatGPT.

Jackson began his experiment by entering a prompt into ChatGPT, essentially instructing it to act as “Hustle GPT,” an entrepreneurial AI. His instructions were simple: with a budget of $ 100, ChatGPT’s goal was to maximize that amount legally and without involving manual labor. The results were astonishing, as Jackson’s DMs quickly filled up with investment offers, allowing him to turn his initial investment into over $ 1,000 in just one day.

The Master Plan

ChatGPT proposed a step-by-step strategy for Jackson to follow:

Create an Affiliate Website: He was advised to start an affiliate website focused on eco-friendly products.
Domain Purchase: Jackson was instructed to spend $ 15 on a domain name and settled on greengadgetguru.com.
Content Creation: The next step involved creating content for the site about specialized kitchen gadgets and sustainable pet supplies.
Affiliate Sign-Up: Jackson was told to join affiliate programs like CJ Affiliates or Amazon Associates to earn commissions on the products he advertised.
Logo Design: Instead of designing the logo himself, Jackson used DALL-E 2, another AI model, which provided him with perfect logo designs.
Website Development: ChatGPT generated instructions for Jackson to create the website and even provided ideas for articles, such as "10 Must-Have Eco-Friendly Kitchen Gadgets for Sustainable Cooking."

By the end of the first day, after spending just over $ 36 on domains and hosting, Jackson found an investor willing to pay $ 100 for a 25% stake in profits, totaling his cash to $ 163.84.

Following this, Jackson leveraged social media for promotional tweets, which attracted even more interest. On day two, he received offers totaling over $ 1,300 in cash, including a proposal valuing his fledgling company at $ 25,000. While his experiment showed promise, the results were questionable, as it wasn’t clear whether the website made any actual profits.

Transition to Invest GPT

After observing the results of Jackson's experiment, I was intrigued by the potential of using AI for investment strategies. I created a new entity: “Invest GPT.” This AI model would, again, have $ 100 but operate within the context of the current financial landscape of 2023. Interestingly, circumstances had changed drastically since 2021, when ChatGPT’s data was last updated.

I devised a prompt for Invest GPT that contextualized the current market, highlighting key indicators like the S&P 500 value at 3900, Bitcoin at $ 27,000, and rising bond rates. The goal was to maximize returns through various investment avenues like ETFs, dividend stocks, and cryptocurrency.

Investment Recommendations from Invest GPT

Stock Market Investment: Invest $ 50 in VO, which tracks the S&P 500.
Bond Investment: Allocate $ 25 into the iShares bond ETF (SHY).
Cryptocurrency: Put $ 15 into cryptocurrencies, $ 7.50 into Bitcoin and $ 7.50 into Ethereum.
Cash Reserve: Keep $ 10 in cash.

While the simulation indicated that these recommendations would yield a loss of approximately 15.3%, it sparked a notion of exploring different investment strategies, particularly those involving smaller-cap assets and specialized ETFs.

Conclusion

The experiment with both Hustle GPT and Invest GPT revealed the potential of AI in creative entrepreneurship and investing, yet it also illuminated the risks involved with rapidly changing markets. In my case, sticking to traditional investment practices, such as low-cost index funds, remains a preferred strategy despite the urge for quick profits. AI holds tremendous value, but wise investing is more about patience and strategic planning!

Keyword

Investment, ChatGPT, HustleGPT, Eco-Friendly Products, Affiliate Marketing, S&P 500, AI, Cryptocurrency, ETFs, Jackson Fall, Portfolio, Financial Markets, Profit.

FAQ

1. What is Hustle GPT? Hustle GPT is a conceptual AI strategy where ChatGPT is instructed to help generate profit with minimal investment in a short timeframe.

2. How did Jackson Fall experiment with ChatGPT? Jackson instructed ChatGPT to help him create an affiliate website for eco-friendly products, which turned into a highly profitable venture in a short time.

3. What investment strategies did Invest GPT suggest? Invest GPT recommended allocating funds across the stock market, bonds, cryptocurrency, and maintaining cash reserves to maximize potential returns.

4. Were the investment recommendations successful? The recommendations generated more losses than profits based on the simulated financial context, demonstrating the volatility of current markets.

5. What is a sustainable investment strategy? A sustainable strategy typically involves investing in low-cost, diversified index funds and holding for the long term rather than chasing quick profits.