The real estate industry is one of the oldest and most prominent ones still on the market, but it’s also one of those most open to technological innovations. It’s hard not to notice why that is the case – real estate agents are tasked with predicting pricing and various other market trends involving supply and demand. In order to handle that well, they receive the education and know-how necessary for them to prepare for it.
Could you imagine a world with self-driving cars or phones which can tell you out loud what the weather is going to be like tomorrow? Where software applications learn by themselves without being programmed by a human? Oh, wait this is already happening – all thanks to machine learning.
Though the visions sci-fi authors presented us with have yet to really come to fruition, there’s no denying one simple fact: AI is here, and it’s making a change. With more and more AI algorithms surfacing and revolutionizing the way we approach projects, there is one question that keeps popping up now and again: can AI ever replace human creativity?
It should be surprising that considering the current investments in proptech, real estate has been slow to adopt innovation. But this phenomenon is changing and the potential of AI in real estate is gradually being recognized. And how it’s changing? You’ll find out in sections: The growing role of AI […]