Billionaire investor and entrepreneur Mark Cuban says the potential of AI could provide the ideal side job for teenagers.
What happened: Cuban suggested that if he were a teenager today, he’d venture into an artificial intelligence side hustle.
He proposed a three-step strategy during a CNBC interview: master the art of writing prompts for AI language models, teach colleagues to use these prompts for school assignments, and then expand these services to small and medium-sized companies that have not yet used these prompts. AI.
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“Then I would go to companies, especially small to medium-sized companies that do not yet understand AI. It doesn’t matter if I’m 16, I would teach them too,” Cuban told the outlet.
A LendingTree report shows that more than half of Gen Zers in the US are currently pursuing side hustles. AI prompt engineering, which involves asking questions to chatbots to elicit specific responses, could be a profitable opportunity.
According to ZipRecruiter, the average pay for AI teachers starts at around $30,000 per year, while full-time AI prompt engineers can earn up to $129,500.
While a college degree is not a prerequisite to becoming an AI prompt engineer, practice and often certifications are essential to understanding how large language models function.
Online certification programs from institutions like Vanderbilt University or IBM can help you learn the basics in as little as a month.
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Why it matters: Cuban’s entrepreneurial journey started with selling garbage bags door-to-door at the age of 12. He later sold collectibles to earn extra money, which helped him finance his education at Indiana University.
After a brief stint in the banking industry after college, Cuban ventured into entrepreneurship and sold his first company, MicroSolutions, in 1990 for $6 million.
His second venture, Broadcast.com, was sold to Yahoo for $5.7 billion in 1999, putting him in the billionaire’s club.
