There are plenty of ways to make real and consistent money online. Google adsense is not the only way by any means.
CPA, traditional CPS, ecommerce, bum marketing, offline, etc
I would argue that probably every way to make money online out there can be made to work and made to work well and consistently. It's about getting good at any one thing and sticking with it. Some forms of promotion morph or die out, but most have been around and will continue to be around for years.
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