“Write me 350 words on AI in real estate”…
I could have written this article in fewer than 10 seconds, such is the speed of artificial intelligence for language processing. But would it have sounded like me? Would you have started reading it? Did my LLM-colleague actually write it and include this first paragraph to hide this?
While still in its relative infancy, the meteoric rise in everyday use of Artificial Intelligence (AI) is quite startling. Enhancing the capabilities of human speed and capacity for everyday tasks, AI is already having a remarkable impact on our lives in general and on the real estate industry specifically. In the last month alone, there are three examples I’ve personally been part of to show just how impactful AI can be:
- A property manager used AI to spot patterns in data in order to get a more accurate picture of how energy-efficient a building is
- An architect used AI to speed up the early stages of the design process
- My three-year old son asked me who ‘Jet Jepiti’ is (the honest answer would have been “I have no idea”)