Doug Cunnington of NicheSiteProject has an informative interview that goes into what is required to build a website that earns thousands of dollars per month. A website that can consistently earn $3000 per month is worth around $100,000. That’s a pretty substantial asset built in less than 2 years, with largely outsourced writers. The niche isn’t revealed in the interview, but there is a spreadsheet of the monthly earnings every month including Amazon and MediaVine ads, along with traffic. Building a website around a particular niche focused on Amazon product sales and ad clicks can be a much better business strategy than just trying to blog or podcast about something you are interested in. Ideally, much of the work in creating content and promoting the site can be outsourced to generate somewhat passive income over time. Niche sites were once smaller websites, but they now often have hundreds of articles. A larger site like WireCutter sold to the New York Times for $30 million, so these are potentially big opportunities.
Here is another article on the GPT-3, the deep learning application that can produce human-like text. Computers are going to do a lot more work in the near future. Expect massive disruption. This is why I think UBI (Universal Basic Income) will be essential. If computers can drive our cars, write our blog posts, and cook our hamburgers, what do we need humans for?
Of course, there are also opportunities in every disruption. There will be services helping companies create content, build backlinks, etc. with AI.
I’ve experimented with it a little. While the content is readable, it’s not coherent for the topics I tried.
There is no question that AI is going to put a lot of people out of work in the future. However, we are not there yet.
There are big business opportunities in this space. Wait until the SEO agencies start figuring this out at scale.