Something to keep in mind about AI in commercial real estate. Suddenly, we’re living in a world in which AI touches virtually every aspect of CRE, from design and construction to AR and virtual showings, blockchain-based contracts to property management automations. This feels brand new — sometimes even a little scary.
But for me, thinking about the speed of AI’s proliferation, our dependence on it, and the pressure for digital transformation gets a little less intimidating when I look at it this way: These future-forward technologies are all just one more step, in a long line of advances, in the ever-developing relationship between humans and knowledge.
CRE has always been about data. But for so long, we couldn’t see the data. We couldn’t aggregate it. We couldn’t access it. We couldn’t leverage it. AI was that missing piece between CRE stakeholders and data — the fuel line that gives brokers, landlords, operators and tenants access to that power, whether it’s to grow a business, meet sustainability goals, or serve clients better.
At Upflex we’re thinking of AI in that way: What power can we put into our partners’ and clients’ hands that they didn’t have before? What data is still a black box, and how can AI crack it open?
Our recent partnership with Cherre is one answer we’ve come up with. (Read about it in Business Insider.) There are several more on the way this year, to help the Upflex community optimize hybrid work, make it more affordable to run a coworking business, and more. As the technology continues to advance, I’m watching Upflex’s product add services I never imagined possible, even just a few years ago.
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