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Youtube is becoming flooded with influencers showing you how to do it and promising massive imaginary profits. Same for AI generated Etsy designs, copywriting g

Youtube is becoming flooded with influencers showing you how to do it and promising massive imaginary profits. Same for AI generated Etsy designs, copywriting gigs, and various other things.

nerdjon 3y ago
Not just YouTube, but every social media platform seems to be spammed by it. I feel like I am seeing these stupid ads almost every hour now. A ton of people jumping on the bandwagon promising insane profits from AI. But if you thought for more than 1 second, if they themselves could make this much profit why would they be trying to convince other people to do it. The reality is they are likely the ones making any money by building up a following making these promises.
- datadrivenangel 3y ago
  The secret to getting rich is selling people the secret to getting rich.
- tivert 3y ago
  > But if you thought for more than 1 second, if they themselves could make this much profit why would they be trying to convince other people to do it. Often times this stuff is scams that stopped working, so the scammers pivot to selling the non-working scam to others. There was a YouTube video a couple years ago that exposed the scam of a couple of twins that were selling SEO'd bottom-of-the-barrel ghostwritten books on Amazon. Instead of using generative AI, they used the cheapest possible online ghostwriters. Apparently Amazon got wise and banned them, so they pivoted to selling their "system." Edit: here's the video: https://www.youtube.com/watch?v=biYciU1uiUw https://www.youtube.com/watch?v=biYciU1uiUw "Contrepreneurs: The Mikkelsen Twins"
- herval 3y ago
  > The reality is they are likely the ones making any money by building up a following making these promises. The typical scheme that gets people rich since "Rich dad, poor dad", but now it's exponentially easier to do. It's crazy
Workaccount2 3y ago
I get a kick out of people pushing the "Earn $5-$10k extra A WEEK with this one simple hustle!" The hustle? Spam amazon affiliate links, lol. Of course the people pushing this never bother with pushing affiliate links, just trying to sell you the guide on how to do it.
- lemoncookiechip 3y ago
  This is a very good video on this exact topic: https://www.youtube.com/watch?v=2bq3SdfzcA4 https://www.youtube.com/watch?v=2bq3SdfzcA4
  - PoignardAzur 3y ago
    Dan Olson also made video on the topic, because of course he did: https://www.youtube.com/watch?v=biYciU1uiUw https://www.youtube.com/watch?v=biYciU1uiUw It was a bit before the AI boom, back when the bedrock of the scam economy was mostly gig platforms.
ActionHank 3y ago
Just like crypto, but this time it destroys the fabric of society. Neat!
- red-iron-pine 3y ago
  doesn't require the exponentially growing energy demands of BTC tho. like, it requires a lot, but not exponentially
  - ActionHank 3y ago
    Could you please let Nvidia know? They seem to have missed the memo.
ado__dev 3y ago
It's the new "Dropshipping"
- herval 3y ago
  except it's dropshipped right to your eyes, all the time, everywhere
- Balgair 3y ago
  Oh man, I had a boss once that was really into dropshipping back in ~2017. He kept it professional at work, but once over beers he got on to how he was making all this money with dropshipping and how it was this great idea. Never pressured us into it or anything, thank god. I had previously thought that the guy was somewhat smart and had it together. After that, I never looked at anything he did the same way again. The nice clothes and car? Yeah, no way he wasn't doing all that on a load of debt. That said, all his up-to-date management-speak and being 'with-it' when it came to the latest corporate craze, well, I hate to admit it, but it made him a better boss. He was at least trying really hard. Were a lot of the methods just hot air? Yeah, of course. But it was a lot better than a boss that actually thought that they knew what they were doing. My boss just pretended but was otherwise terrified of being left out, and at least he was hungry that way. Still, after he boasted about his dropshipping business, I knew the guy was mostly hot air and his ventures would change with the wind. I'm glad that particular get rich quick scheme is (mostly) over.
bdcravens 3y ago
Not new to AI. Before it was learn to code, start a print on demand store, start an FBA store, learn to trade crypto, etc. There's no shortage of suckers looking to buy $5 bills for $2.

Youtube is becoming flooded with influencers showing you how to do it and promising massive imaginary profits. Same for AI generated Etsy designs, copywriting gigs, and various other things.

nerdjon 3y ago

Not just YouTube, but every social media platform seems to be spammed by it. I feel like I am seeing these stupid ads almost every hour now. A ton of people jumping on the bandwagon promising insane profits from AI. But if you thought for more than 1 second, if they themselves could make this much profit why would they be trying to convince other people to do it. The reality is they are likely the ones making any money by building up a following making these promises.

datadrivenangel 3y ago
The secret to getting rich is selling people the secret to getting rich.
tivert 3y ago
> But if you thought for more than 1 second, if they themselves could make this much profit why would they be trying to convince other people to do it. Often times this stuff is scams that stopped working, so the scammers pivot to selling the non-working scam to others. There was a YouTube video a couple years ago that exposed the scam of a couple of twins that were selling SEO'd bottom-of-the-barrel ghostwritten books on Amazon. Instead of using generative AI, they used the cheapest possible online ghostwriters. Apparently Amazon got wise and banned them, so they pivoted to selling their "system." Edit: here's the video: https://www.youtube.com/watch?v=biYciU1uiUw https://www.youtube.com/watch?v=biYciU1uiUw "Contrepreneurs: The Mikkelsen Twins"
herval 3y ago
> The reality is they are likely the ones making any money by building up a following making these promises. The typical scheme that gets people rich since "Rich dad, poor dad", but now it's exponentially easier to do. It's crazy

Workaccount2 3y ago

I get a kick out of people pushing the "Earn $5-$10k extra A WEEK with this one simple hustle!" The hustle? Spam amazon affiliate links, lol. Of course the people pushing this never bother with pushing affiliate links, just trying to sell you the guide on how to do it.

lemoncookiechip 3y ago
This is a very good video on this exact topic: https://www.youtube.com/watch?v=2bq3SdfzcA4 https://www.youtube.com/watch?v=2bq3SdfzcA4
- PoignardAzur 3y ago
  Dan Olson also made video on the topic, because of course he did: https://www.youtube.com/watch?v=biYciU1uiUw https://www.youtube.com/watch?v=biYciU1uiUw It was a bit before the AI boom, back when the bedrock of the scam economy was mostly gig platforms.

ActionHank 3y ago

Just like crypto, but this time it destroys the fabric of society. Neat!

red-iron-pine 3y ago
doesn't require the exponentially growing energy demands of BTC tho. like, it requires a lot, but not exponentially
- ActionHank 3y ago
  Could you please let Nvidia know? They seem to have missed the memo.

ado__dev 3y ago

It's the new "Dropshipping"

herval 3y ago
except it's dropshipped right to your eyes, all the time, everywhere
Balgair 3y ago
Oh man, I had a boss once that was really into dropshipping back in ~2017. He kept it professional at work, but once over beers he got on to how he was making all this money with dropshipping and how it was this great idea. Never pressured us into it or anything, thank god. I had previously thought that the guy was somewhat smart and had it together. After that, I never looked at anything he did the same way again. The nice clothes and car? Yeah, no way he wasn't doing all that on a load of debt. That said, all his up-to-date management-speak and being 'with-it' when it came to the latest corporate craze, well, I hate to admit it, but it made him a better boss. He was at least trying really hard. Were a lot of the methods just hot air? Yeah, of course. But it was a lot better than a boss that actually thought that they knew what they were doing. My boss just pretended but was otherwise terrified of being left out, and at least he was hungry that way. Still, after he boasted about his dropshipping business, I knew the guy was mostly hot air and his ventures would change with the wind. I'm glad that particular get rich quick scheme is (mostly) over.

bdcravens 3y ago

Not new to AI. Before it was learn to code, start a print on demand store, start an FBA store, learn to trade crypto, etc. There's no shortage of suckers looking to buy $5 bills for $2.