Artificial Intelligence and Real Estate: Promising AI Tools and Platforms with John H. Jones (Ep. 49)

This conversation explores the impact of artificial intelligence (AI) on the real estate industry. The discussion covers the definition of AI, its potential effects on jobs and revenue streams, and its influence on various sub sectors of real estate. The conversation also touches on the slow adoption of new technologies in the real estate industry and the potential for AI to accelerate change. The importance of understanding major trends and patterns in the market and the role of public-private partnerships in driving innovation are highlighted. The conversation concludes with a discussion on specific AI tools and platforms and the need to balance the power of AI with human creativity.

Keywords

#artificialintelligence #realestate #impact #jobs #revenuestreams #subsectors #adoption, #trends #patterns #publicprivatepartnerships #AItools #humancreativity

Takeaways

Artificial intelligence will impact the real estate industry by eliminating certain jobs and revenue streams while creating new ones.

The adoption of AI in real estate may be slower compared to other industries due to the conservative nature of the industry.

Understanding major trends and patterns in the market is crucial for identifying the sub sectors that will be most impacted by AI.

Public-private partnerships and collaboration are essential for driving innovation and finding creative solutions in the real estate industry.

AI tools and platforms, such as voice recognition and predictive analytics, show promise in enhancing cost savings and forecasting demand.

While AI can replicate certain tasks, it cannot replace human creativity and ingenuity in areas such as fashion, music, and movie design.

Chapters

00:00 Introduction and Overview of AI in Real Estate

02:07 The Impact of AI on Jobs and Revenue Streams

09:13 Slow Adoption of AI in Real Estate

23:28 The Holistic Impact of AI on Real Estate

31:20 Balancing AI with Human Creativity in Real Estate

Connect with John here: https://www.linkedin.com/in/mrjohnhjones/

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Music provided by: C€$ ⁠https://open.spotify.com/artist/21zXwxV9nWaiE6iAleU6ww?si=yNBmIPqIT7-56hAmfvqShA⁠