AI whole new world
AI--you may be sick of hearing about it these days, but you can't deny it's a growing force in our daily lives. It's likely safe to say a full-on AI revolution in construction is still a ways out, its presence in the industry is gaining momentum by the day. So today, we look at how AI and other intelligent technology like robotics are impacting construction now and what to expect for the future. And no, this email was not written by ChatGPT, but we did find a construction dad joke it did.
IN TODAY'S EDITION:
- Inside the rise of AI in construction.
- Busting myths and misconceptions about AI in the AEC industry.
- AI's under the radar MVP? Aggregated insight for better decision-making.
- AI can help assess future construction risk, but these tips to limit financial risk can be deployed today.
AI: A construction worker's best friend?
The rise of AI brings up a lot of valid concerns. That being said, if deployed responsibly, it can have a tremendous and positive impact, particularly in the construction industry. We're strong believers that AI and machine learning can improve the daily lives of humans on the jobsite. Instead of taking humans out of the equation, these advanced technologies can let people do their real jobs more effectively.
Myths & misconceptions about AI in construction
There are plenty of misconceptions around AI and machine learning (ML). For some people, these technologies conjure up thoughts about self-aware robots who’ll take over the world. Then there’s the more common notion that AI and ML are here to replace humans and take their jobs. Both are far from the truth. We dispel common myths and misconceptions on our Digital Builder podcast.
AI-informed decision making
BIM has given us the ability to create data-rich digital models, but until now, building things in the real world has been a relatively analog process. Scaled Robotics has developed a robot that can laser scan construction sites 10x faster than a person. Better yet, their software uses AI to analyze the data, compare it to the digital model, and show what parts of the project are out of tolerance. This innovative process enables site managers to understand what’s putting their project at risk each day and make better decisions.
PODCAST: Global construction pros share tips to protect margins
Construction continues to face ongoing challenges like labor shortages, supply chain limitations, and logistics complications. Strategic firms are looking for ways to proactively protect their margins in 2023 so they can not only withstand these issues, but so they can stay ahead and remain innovative and competitive. In this special round-up episode, we asked several of our recent podcast guests to share what companies should be focusing on to protect their profit margins so they can continue to expand and innovate.
Keep digging
- Go 'behind the build' with JE Dunn at one of their largest construction sites on the East Coast! [video]
- Overseeing 1,000 employees globally, Vince DiPofi, PE, CEO, SSOE Group, knows a thing or two about how to lead a team in a constantly evolving industry.
- Want to advance your knowledge on all things construction tech and innovation? We have just the conference for you November 13-15.
- The era of construction product owners is upon us.
PHOTO OF THE WEEK
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2yStuart Maggs