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- I Asked ChatGPT, Bard, and Perplexity About the Quickest Way to Make Millions, Here’s the Response
I Asked ChatGPT, Bard, and Perplexity About the Quickest Way to Make Millions, Here’s the Response
Tapping into advanced AI for wealth-building tips.
About 700 million people, which is approximately 9.2% of the global population, are struggling to survive on less than $1.90 a day, which means they live in extreme poverty without a comfortable life.
And all they want is money.
On the flip side, wealthy individuals still want more money, and many are actively working towards financial success.
I too have set a goal to make my first million dollars in the next few years, and I’m sure you have your financial goals as well. However, those who are already rich often keep their strategies a secret.
But here’s the interesting part: We now have advanced chatbots that can complete numerous tasks in seconds.
So, why not ask these popular chatbots how to make a million dollars the easiest way?
Note that I will be writing more posts related to this topic, and the next post will contain better prompts to ask specific chatbots, and so on.
With that said, let’s dive into the topic.
1. ChatGPT
First of all, I start with ChatGPT.
Here is the prompt: I want to become a millionaire the fastest way possible. Can you tell me the best process that I can follow?
Here is what it said,
Becoming a millionaire quickly is a goal that many people aspire to, but it's important to approach it with a realistic and ethical mindset. While there's no guaranteed way to become a millionaire overnight, there are strategies you can follow to build wealth over time. Here are some steps you can consider:
1. Set Clear Financial Goals: Define your financial goals, including the specific amount of money you want to achieve and a timeline for reaching them. Having clear objectives will help you stay motivated and focused.
2. Increase Your Income: Explore ways to increase your income, such as negotiating a raise at your current job, pursuing higher-paying career opportunities, or starting a side business. Investing in education and skills development can also boost your earning potential.
3. Save and Invest Wisely: Saving and investing your money is crucial for wealth-building. Create a budget to track your expenses and find ways to cut unnecessary spending. Allocate a portion of your income to savings and investments, such as stocks, real estate, or retirement accounts like a 401(k) or an IRA.
4. Take Advantage of Tax Benefits: Be aware of tax-saving strategies and investment vehicles that can help you reduce your tax liability. Consult with a financial advisor or tax professional to optimize your tax planning.
5. Avoid Debt and Manage Existing Debt: Minimize or eliminate high-interest debt, such as credit card debt, as quickly as possible. High-interest debt can eat into your wealth-building efforts. Prioritize paying off debts with the highest interest rates first.
6. Build Multiple Income Streams: Diversify your income sources by investing in assets that generate passive income, such as rental properties, dividend-paying stocks, or online businesses. Multiple income streams can accelerate your wealth accumulation.
7. Continuously Educate Yourself: Stay informed about personal finance, investing, and entrepreneurship. Knowledge is a valuable asset when it comes to making informed financial decisions.
8. Be Patient and Persistent: Building wealth takes time, and there will be ups and downs along the way. Stay patient and remain committed to your financial goals, even in challenging times.
9. Seek Professional Advice: Consider consulting with financial advisors or mentors who can provide guidance tailored to your specific financial situation and goals.
10. Avoid Get-Rich-Quick Schemes: Be wary of schemes that promise quick riches but often lead to financial losses. Avoid investments or opportunities that sound too good to be true.
Pretty boring, isn’t it? I’m not interested in this simple advice.
So, let’s modify the prompt a bit.
Here’s the revised prompt: I want to become a millionaire as quickly as possible. Could you please provide me with the best strategy to earn money and achieve that goal?
Here’s what it delivered.
Becoming a millionaire quickly is a challenging goal that often requires a combination of luck, unique circumstances, and significant risk. It’s important to approach this goal with caution and ethical considerations in mind. Here are some potential paths you can explore, but please note that there are no guarantees of success, and these methods come with varying levels of risk:
1. Entrepreneurship: Starting your own business can offer substantial income potential, but it often involves a high level of risk. Identify a market gap or a product/service with high demand, create a solid business plan, secure financing, and work diligently to grow your business.
2. Investing in Stocks: Investing in the stock market has the potential for significant returns, but it also carries risks. Consider carefully researching and investing in individual stocks or exchange-traded funds (ETFs). Keep in mind that stock market investments can be volatile, and it’s important to diversify your portfolio.
3. Real Estate Investing: Real estate can be a lucrative investment, especially if you buy properties in high-demand areas and rent them out. However, real estate investing requires significant capital upfront and involves ongoing responsibilities like property management.
4. Cryptocurrency: Some individuals have made substantial gains by investing in cryptocurrencies like Bitcoin and Ethereum. However, the crypto market is highly volatile, and prices can fluctuate dramatically. Only invest what you can afford to lose.
5. High-Income Careers: Pursuing a high-paying career or job in fields like medicine, law, technology, or finance can lead to substantial earnings. This typically requires significant education and training.
6. Side Hustles and Gig Economy: Explore side hustles and freelance work in areas where your skills and expertise can generate additional income. The gig economy offers opportunities in areas like freelance writing, web development, graphic design, and more.
7. Online Businesses: Starting an online business, such as an e-commerce store, a blog, or a YouTube channel, can potentially generate income through advertising, affiliate marketing, or selling products and services.
8. Education and Skills Development: Invest in education and skills development to increase your earning potential. Consider certifications, courses, or degrees in fields with high earning potential.
9. Network and Connections: Building a strong professional network and leveraging connections can lead to opportunities for higher-paying jobs or business partnerships.
10. Financial Leverage: While using financial leverage, such as loans or margin trading, can amplify potential returns, it also comes with significant risks and can lead to substantial losses. Approach leverage cautiously and with a thorough understanding of the associated risks.
Honestly, I’m not satisfied with the response it generated, so I directly asked the Chatbot, ‘I’m not happy with the answer; can you provide me with something unique that can help me become a millionaire?’
And here is the response.
Achieving millionaire status through a unique approach often involves combining innovation, timing, and risk-taking. Here’s a less conventional path to consider:
1. Create a Unique and Valuable Product or Service: Identify a problem or need in the market that hasn’t been adequately addressed and develop a product or service that provides a groundbreaking solution. Successful entrepreneurs who created innovative products or services have achieved millionaire status relatively quickly. This approach requires creativity, market research, and a strong focus on meeting customer demands.
2. Harness Technological Trends: Stay ahead of emerging technological trends and explore opportunities within them. Being an early adopter and innovator in fields like artificial intelligence, blockchain, renewable energy, or biotechnology can lead to significant financial success. However, this path often demands expertise and a willingness to take calculated risks.
3. Intellectual Property and Licensing: If you have unique ideas, inventions, or creative works, consider protecting them through patents, trademarks, or copyrights. Licensing your intellectual property to larger companies can generate substantial income. Look into industries where licensing deals are common, such as entertainment, software, or pharmaceuticals.
4. Niche Market Domination: Find a niche market with untapped potential and little competition. Become an expert and dominate that market with a product or service tailored to its specific needs. While the market may be smaller, it can yield high profits with less competition.
5. Crowdfunding and Crowdsourcing: Platforms like Kickstarter and Indiegogo allow you to raise funds for unique product ideas or artistic projects. Successful crowdfunding campaigns have launched individuals to millionaire status by leveraging the power of the crowd.
6. Social Media Influence and Branding: If you have a unique talent, passion, or expertise, consider building a personal brand or social media presence around it. Successful influencers can earn substantial income through sponsorships, endorsements, and content creation.
7. Innovation in Existing Industries: Look for opportunities to disrupt and innovate within traditional industries. Airbnb, for example, transformed the hospitality industry by allowing individuals to rent out their properties. Look for similar opportunities to challenge the status quo.
8. Partnership and Collaboration: Collaborate with like-minded individuals who share your vision and resources. Joint ventures and partnerships can amplify your ability to create something unique and profitable.
Now, I’m quite satisfied with the answer.
Honestly, if you had asked me the best way to become a millionaire, my response would have been similar to this. It will certainly take years to achieve millionaire status, but with your skills and hard work in this field, it becomes quite feasible.
Also, I have several friends who sell products or services, run marketing agencies, introduce innovations to existing industries, and earn six to seven figures every year.
In fact, I’ve also capitalised on technological trends, such as the AI hype, and made a significant amount of money.
2. Bard
Now, let’s ask Bard by giving it the same prompt and see if it can provide a proper answer.
Let’s begin.
It’s the same answer as ChatGPT.
Now, let’s add the second prompt and ask Bard for the best process to achieve that goal.
I am shocked. It’s almost the same answer as the one provided by ChatGPT.
And so far, I haven’t been satisfied with Bard’s response.
Now, let’s ask the last prompt to Bard.
Even, now, the response it provided is pretty boring.
3. Perplexity
The last chatbot that we are going to ask is Perplexity.
So, let’s start.
Here is the prompt: I want to become a millionaire the fastest way possible. Can you tell me the best process that I can follow?
Here is what it said,
Pretty much the same as ChatGPT and Bard.
So, let’s modify the prompt i.e. I want to become a millionaire the fastest way possible. Can you tell me the best process so that I can earn money to achieve that goal?
Here is what it delivered.
The same general advice.
So, let’s ask the last prompt to Perplexity.
Here’s the prompt: “I am not happy with the answer, tell me something unique that can help me become a millionaire”.
And here is what it delivered.
Even, now, the response is pretty boring with Perplexity.
I can see that most individuals have found that ChatGPT is giving some unusual responses most often. And I must say that the ability to give the proper answer is degrading.
But if you compare ChatGPT with Bard and Perplexity, you will see that the response that ChatGPT provides is by far the best.
For sure, in the next part, I will be writing better prompts and finding the best method to become a millionaire.
Hope you like it.
That’s it — thanks.