He followed ChatGPT’s advice, became a millionaire but ended up losing everything

He followed ChatGPT’s advice, became a millionaire but ended up losing everything

November 15, 2024 – 17:00

This experiment, like many others, shows that humans are still necessary for any task that involves creativity and development.

Image created with artificial intelligence

The usefulness of Artificial intelligence It is higher every month, and with rapid technological advances, it can be adopted with greater precision in more and more aspects of our lives. In addition, it is a great way to quickly collect all the information accessible through the Internet and speed up any investigation.

That’s what he tried to do Jackson Greathouse Falla cryptocurrency enthusiast and former brand designer who decided to use ChatGPT as a financial advisor to start a business and move millions of dollars. Although it began as an innovative and promising experiment, it ended up teaching us how much we can depend on technology.

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Who is Jackson Greathouse Fall and how he made his fortune

Jackson Greathouse Fall is an entrepreneur who decided to trust ChatGPT to create a business with a budget of only $100 euros. The idea was to use artificial intelligence to multiply his investment in the shortest time possible, and it suggested a plan that included the creation of a website focused on ecological productswhich was baptized as Green Gadget Guru. With the help of the chatbot, Fall registered the domain, contracted hosting and created a logo with another AI tool called DALL-E, also investing in social media advertising to drive traffic to his site.

The strategy for the project was based on the affiliate marketingSEO and content about sustainable products. The site quickly gained a lot of attention and some people started investing in the project, raising around $1,300 dollars in contributions from followers interested in seeing their business grow. Some investors even offered him sums for shares in the company, such as $100 for 25% or $500 dollars for 2%demonstrating the interest that the experiment generated among its audience.

What happened to the project

However, initial success was complicated when it became clear that the website lacked content and functional products. Although the Green Gadget Guru structure was in place, the product categories were empty or poorly designed, and the blog, which was supposed to generate income with affiliate links, had just test text without content. Despite this, Fall continued to promote the site, claiming to have generated $130 in profits, although without offering a clear explanation as to how this was possible.

Over time, Fall started posting fewer updates about the project. Although he promised to improve the site and share progress, these improvements never materialized. In May 2023, just two months after starting, he stopped talking about the project, and when trying to access the site a message appears. error 403indicating that it was abandoned.

Another aspect that raised doubts was the sum of $7,700 dollars received in donations during the first days of the project. It is not clear whether this amount was actually used to improve Green Gadget Guru or intended for other purposes. Fall never explained about it and since then completely disappeared from the networksleaving many doubts about the end of the project.

Source: Ambito

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