Tag: AIs
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AI’s Next Frontier Is Physical—CRE Shows What That Means
AI is transforming the world of commercial real estate (CRE), bringing us to the reality of even smarter buildings that don’t just react to their environments but interact with them. That’s precisely what today’s advanced AI, such as embodied AI, can do through robots and sensors, among other things. Today, technology ecosystems in property management…
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Contech leaders detail AI’s potential
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Tech tools that would once take months to develop are now being churned out in under a minute using natural language artificial intelligence. For construction firms, the advancement means even nontechnical users can now create applications. Its…
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Revolutionizing construction: AI’s role in reducing project delays
In the construction industry, unforeseen issues in the original contract or drawing set are almost inevitable. Design addenda and RFIs are common, with over 87% of construction projects experiencing changes that lead to delays or cost overruns. These delays can significantly impact project budgets, leading to costly contractual disputes, strained stakeholder relationships, and potential loss of…