AI to reshape the commercial real estate industry

Artificial Intelligence (AI) has garnered a considerable amount of attention in the media within the past few years, ranging from glowing editorials to scare-mongering pieces. The broader public is becoming more aware of the potential applications and implications of the technology that is developing at a tremendous rate.

AI is a broad umbrella that encapsulates a few different terms in advanced computing, such as machine learning and deep learning frameworks, referring to the current stage of advanced computing rather than a specific technology type or resource. Technologies such as large language models (LLMs), generative AI and the theoretical artificial general intelligence are all subsets under the umbrella term of AI.

AI has massive implications for society, affecting how we live, consume and work, among other impacts. It enables process automation, with the potential to be able to replicate many tasks currently performed by skilled humans at work. A report from