Predictive analytics, search and site development are some of the areas ready for artificial intelligence
Artificial intelligence tools are now widely used in B.C.’s real estate sector by professionals, buyers and sellers in order to navigate transactions, identify development sites, manage properties and more.
A notable example, he said, is Montreal-based BrainBox AI, which uses AI to help its heating, ventilation and air conditioning technology predict when heating and cooling might be used in commercial buildings. “Historically, the way developers would look at land is a very manual process,” he said – one that can include driving around a city, Google searches and zoning map research. “What I’m excited about is there is an opportunity through using AI to find properties that may not have otherwise been found.”
While the tools they use offer new ways to creatively conceptualize buildings, Cogliati does not see AI as a replacement for human creativity.
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