NEW YORK CITY- New construction technology has sprung online after a slow jump for the industry to get on board with its deployment. Nowadays, developers and homeowners view technology as a necessity in building their dream projects, and in a perfect world as easy as downloading an application. With the current rush to technology adoption, the industry is asking will it eliminate human labor, Julian Anderson, president of Rider Levett Bucknall North America, a cost and project management and advisory services, tells Globest.com.
According to Anderson, The fear is that technology applications will replace professionals in the construction industry, however, from his perspective he sees that as highly unlikely because most construction today includes redevelopment and build-outs. "A great amount of work in the construction industry is not new construction. It is renovations and placing spaces within existing spaces, which will need somebody to have an eyeball for it and come up with a concept for that space," he said.
Artificial intelligence is one form of technology that has captured the attention of the construction sector, which could generate a vision for a space similar to a human but would most likely determine the visual on cost-effective principles. Even then, across the supply chain, the need for the human mind is necessary, Anderson said.
For instance, if a university were to develop a campus and needed particular departments arranged in proximity to each other, machine learning, a form of artificial intelligence could be helpful in generating options of what the best possible layout could be, but ultimately the school's chancellor would decide, Anderson said.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 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.
Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
