Until now, if a company paid less for a project, it meant the freelancer had to make less as well. This was always an unfortunate reality in not only the freelancer world but the employment world. Everything has to add up at the end of the day, so if a writer was earning more money, it meant a company had to pay more, and vice versa; if a company was saving money, the writer had to take a pay cut.
At PayPerWord.com we have been following the rapid advancements in the AI space, specifically with writing. Today we will explain how PayPerWord.com makes it possible for 1+1 to equal 3, meaning it is truly possible for companies to pay less for their content and writers to earn more.
To understand how this is possible, there are several things we need to understand about the writing process. Specifically, what parts take time, and the specifics behind getting paid.
AI writing tools have a wide range of functions that make writers more efficient with their time.
Some of these tools include grammar checking, plagiarism checking, style suggestions, word choice recommendations, and more. While all of these features are extremely helpful, the most critical function of AI writing tools is that they help automate the writing process.
This might not sound like a big deal, but when you consider the time it takes to write a piece of content is often the most significant constraint for writers, anything that can help speed up the process is a major plus. This means tons of time can be instantly saved on tasks like research, creating topic and content outlines, content briefs, and of course, writing.
By utilizing AI tools, writers can increase their output anywhere from 2X to, in some cases, 10X the rate at which they produce content.
So writers are charging less per word but writing enough additional words per hour to be earning more money in the same amount of time. Businesses are paying less per piece because their cost per word has gone down… So, what gives? How can both sides be so clearly winning, but not at each other’s expense?
When building the PayPerWord.com platform, we realized most people do not recognize that there is a third side to the equation, the AI. For these writing projects, the AI is performing more work, helping the writer increase their rate of speed and increasing their earning power while also lowering the cost paid by the companies.
We made it our mission to create an easy-to-use, user-friendly platform that allowed companies to find the perfect writer for their project or needed niche and ensure these are the best writers available for using AI writing tools. And that, our friends, is how PayPerWord.com creates an opportunity for 1+1=3.
What does this mean for the future of content? It means we are scratching the surface of what is possible. With continued advancements in AI technology, and more writers and companies using PayPerWord.com, the potential is limitless. So, if you are a writer looking to earn more, visit PayPerWord.com and create an account at the only place that has been able to make 1+1 equal 3.