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Big Data Revolution and Real Estate – Ken Egedi

Artificial Intelligence (AI) will be the next huge wave to engulf the real estate industry – using the vast data banks built up on property and facilities management, sales and leasing, supplemented by terabytes of easily accessible data from providers like Google and a myriad of other data providers that will emerge.
Artificial Intelligence & Real Estate
Once we start to detect patterns and learn from these experiences, behaviour and processes, then we will enable computers to be vastly more helpful – and to make the industry vastly more efficient.

Big data style data crunching can reveal hugely insightful patterns that humans may suspect but can’t prove – so machines will hugely assist buying and consumption judgement.

Will the sorts of revolution that have happened in retail and financial services be visited on us? Good or bad?

What are your thoughts?

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