Can You Use ChatGPT to Make Money?

Enrico Schaefer - January 14, 2023 - Artificial Intellience

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Everybody is going crazy for the artificial intelligence engine known as ChatGPT, created and offered by OpenAI. This AI engine has taken the internet and social media by storm. Even though AI engines have been around for a while, this AI launch captured the world’s imagination and exploded onto the radar.

Can I Monetize ChatGPT For My Business?

The answer lies in the service agreement posted by OpenAI, the company that has been working on CHatGPT and launched ChatGPT 3. Because ChatGPT is a service, the service agreement and use terms control the scope of use and limitations on use. You do not receive a license to the ChatGPT software or data when you use the service. You can not download the software or modify the code. OpenAI offers certain people to apply for access to the API so that you can build on top of the ChatGPT engine.

To understand what you can and can not do with ChatGPT, you need to read the terms of use and follow the rules set by the project. In this video, we answer the question: “Can I use ChatGPT to make money for myself or my business?” You may be surprised at the answer.

ChatGPT Allows Broad Use of their AI Service

As you can see in the video, OpenAI allows users of the ChatGPT service broad use rights, both personal and commercial. The critical limitations on use are that you can NOT:

  • reverse engineer ChatGPT
  • use the Services in a way that infringes someone else’s rights
  • compete with OpenAI
  • extract data from the Services
  • buy, sell, or transfer API keys

What are the Terms of Use for ChatGPT?

If you want to see the current version of the terms of use for OpenAI and the ChatGPT service, you can view the ChatGPT TOU here. Contact one of our AI lawyer experts if you need to draft a software as a service agreement (SaaS) for your artificial intelligence project.

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