Artificial Control: Are You Ready for AI Management and Oversight?

For CRE professionals, AI might seem like another tool in the smart building arsenal. But the possibilities of AI go far beyond utility and will require smart management and oversight to maximize its potential (and avoid its pitfalls).

These days, artificial intelligence (AI) as a term represents the emergent age of intelligent machinery—far beyond robotics and science fiction. However, the concern for use, management, and oversight of this new technology remains the same as it always has for revolutionary technologies: how do we harness the positive capabilities of the technology without incurring a loss of control?

For CRE professionals, AI might seem like another tool in the smart building arsenal. But the possibilities of AI go far beyond utility and will require smart human management and oversight to maximize its potential (and avoid its pitfalls).

AI broadly refers to computer systems that can perform complex tasks normally done by human-reasoning, decision making, creating, and so forth. Because AI is still being realized and developed, it does not yet have a single, simple definition, especially because its tools are capable of a wide range of tasks and outputs.[1]

For