Recently there is a trend in the YouTube, YouTube shorts, Instagram or any other social media platform that you can get quick money using the AI. Recently I watched a reel where a person was showing thar you can earn 1000 of dollars by using the Google Trends and InVideo.
PC: Pixabay.com
He was saying, go to Google Trends find what is trending and then use the InVideo app to create the the AI video. Now these reels have got a lot of likes, comments where people were telling that it's a great idea and what not. But the problem is YouTube penalizes AI video as well InVideo is not free. Now when the people have seen that it is so easy to get money they wanted to try it out and after some days when they don't get traction they will stop it.
And that's why when there is a quick money scheme everyone wants to join. For example, whenever I talk about Hive to people and they ask me how much they can earn from it. Whoever is on Hive they know that earning money on Hive can be subjective. The next they will ask is how much I have earned. And when I said that I earned XXX amount but in 7 years, they are like no we don't want to wait 7 years.
Everyone wants to get rich quickly and no one wants to follow a simple but effective approach and that's why we have seen a lot of people are moving towards futures and options only to lose money big time. When you want quick money, this is where the risk comes into picture and you might fail big time.
So whoever is creating content where you are learn to build your portfolio slowly and steadily, people are actually not watching or don't want yo watch because they need quick rich scheme.