AI's Impact on the Built Environment

The video discussion between Andrew Knight and Harry Yates from BuildPrompt explores the impact of AI and data across the built environment, real estate, aviation, and law. They discuss predictions for the evolution of AI technology, including the shift to multimodal AI. The conversation touches on concerns about job displacement, responsible AI use, managing bias, and the practical aspects of implementing large language models. In this video, the following topics are covered:

• Impact of AI and data in built environment, real estate, aviation, and law.
• Evolution of AI technology, emphasizing multimodal AI integration.
• Concerns and predictions about job displacement due to AI.
• Managing bias and hallucinations in AI models.
• Practical aspects of implementing large language models, including prompt engineering.
• Global landscape of AI regulation, focusing on the EU Act and balanced regulation approaches.
• Advice for companies entering the AI space, emphasizing starting small and gradual expansion based on successful implementations.

More information regarding the Tech Partner Programme and our partner BuildPrompt can be found at www.rics.org/techpartner