The podcast "Welcome to Roko's Basilisk" is about making money by creating artificial intelligence (AI)-based language translation tools. These tools can be used to translate text and speech from one language to another and therefore communicate with people around the world in their native language. There are several ways to monetize these tools, such as offering them as a service to companies, creating a software package for companies to install on their own systems, or developing a mobile app for personal and professional translations. The podcast also highlights the importance of learning the algorithms and technologies related to AI and translation, choosing a specific niche, researching the market and competition, developing a prototype, collecting data and testing the model, and finally promoting the tool to generate awareness and increase demand.