Source: Notes from the AI Frontier. Modeling the Impact of AI on the World Economy McKinsey Global Institute. September 2018
Based on survey results concerning the deployment of Artificial Intelligence Initiatives in 2018, Gartner determined that 35% of surveyed Chief Information Officers have AI on their radar but did not make any commercial plans to adopt it. Roughly ¼ of CIO’s are considering AI in their short-term plans and/or are actively experimenting with the technology.2 This proportion is in stark contrast to findings from McKinsey Global Institute, which predicts that 70% of companies will adopt at least one type of AI technology by 2030.3 So what are the possible applications of artificial intelligence in the real estate industry?
Source: Global Knowledge Center Research
The strength of artificial intelligence lies in its ability to carry out repetitive tasks, such as chatbots that can answer the most common questions from clients.
The following short was inspired by and based on GSC blog. Click here to see the original post.
Adrianna Kowalczyk is an economist and the market research analyst for the Global Knowledge Center. She conducts market research and data analysis, identifies market trends and develops industry insights. Adrianna explores a wide spectrum of current and new technologies affecting real estate and the future of work and has done extensive research on the application of blockchain technology.