“If I were 16 again, I would start this profitable side business”

Billionaire investor and entrepreneur Mark Kuban says the potential of artificial intelligence could offer the perfect side hustle for teenagers.

What happened: Kuban suggested that if he had been a teenager today, he would have ventured into artificial intelligence.

he proposed A three-step strategy during the CNBC interview: Mastering the art of writing hints for AI language models, teaching peers to use those hints for schoolwork, and then expanding those services to small and medium-sized businesses that don’t already use AI.

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“Then I would go to companies, especially small and medium-sized businesses, which do not yet understand artificial intelligence. It doesn’t matter if I’m 16 years old, I would teach them too,” Kuban told the publication.

LendingTree report indicates that more than half of Gen Z in the US currently have side jobs. Developing AI prompts, which involves making queries to chatbots for specific answers, can be a profitable opportunity.

According to ZipRecruiter, the median salary for AI tutors starts at around $30,000 per year, while full-time AI tutoring engineers can earn up to $129,500.

While a college degree is not a prerequisite to becoming a fast AI engineer, practice and often certification are essential to understanding how large language models function.

Online certification programs from institutions like Vanderbilt University or IBM can help you master the basics in a month.

Trends: it is predicted that by the end of the year, the global game market will bring in $272 billion — at $0.55/share, this venture capital startup with a user base of over 7 million gives investors easy access to this asset market.

Why is this important?: Cuban started his business selling trash bags door-to-door at the age of 12. He later sold collectibles to earn extra money, which helped him finance his studies at Indiana University.

After a brief stint in banking after college, Cuban turned to entrepreneurship, selling his first company, MicroSolutions, for $6 million in 1990.

His second venture, Broadcast.com, was sold to Yahoo for $5.7 billion in 1999, catapulting him into the billionaire club.