The almost endless talk of artificial intelligence by CRE software vendors is frequently dominated by the mention of generative AI programs like ChatGPT from OpenAI, Google’s Bard and Gemini, Microsoft’s Bing Chat, and others.

Trained on vast sets of text material, companies make many promises, how these systems will create marketing materials, communicate with customers, analyze large numbers of potential deals, and more for CRE businesses. However, there are already indications that generative AI can have significant drawbacks.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erik Sherman

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.