As artificial intelligence (AI) explodes, its impact on commercial real estate (CRE) becomes increasingly profound. Generative AI with the likes of ChatGPT and Google Gemini demonstrate how AI extracts value from massive volumes of data-data far too vast for humans to interpret.
But beyond generating text, code, images, and videos, the same data-driven machine learning (ML) principles that power these AI systems can be applied to building operations. This application of AI offers buildings with the potential to optimize energy, water, and wellbeing across various asset types, from traditional office environments to hospital emergency rooms and even the supply chains that fuel manufacturing floors.