In the past year and a half, AI awareness has rocketed, with thousands of media stories about it, trillions of dollars accumulated because of it, and doomsayers warning about the end of the world as we know it. Amid this cacophony, companies around the world have been seeking to integrate AI to enhance and expedite their operations.
When used well, AI accomplishes mundane tasks quickly, improves data modeling and accuracy, and shifts investment decisions. At the heart of it all is data, and it’s imperative that firms don’t sit around and wait for AI to come to them; they must be proactive.
To find out more about from crisis to opportunity in the current real estate market, read "Real estate’s data odyssey " by Lewis Dayton in the May 2024 issue of Institutional Real Estate Americas.