‘While most CRE professionals are not yet using generative AI daily, the industry’s slow adoption presents an enormous opportunity for early movers. By starting small, investing in education, and focusing on targeted use cases, firms can differentiate themselves now and build a foundation for long-term competitive advantage. The challenge is not just adopting AI but doing so strategically —ensuring that its use enhances client value and strengthens proprietary capabilities —‘𝐫𝐚𝐭𝐡𝐞𝐫 𝐭𝐡𝐚𝐧 𝐞𝐫𝐨𝐝𝐢𝐧𝐠 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐩𝐨𝐰𝐞𝐫 𝐨𝐫 𝐜𝐨𝐦𝐦𝐨𝐝𝐢𝐭𝐢𝐬𝐢𝐧𝐠 𝐜𝐨𝐫𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬’ This last point is critical. Knowledge industries might easily become victims of Charlie Munger’s productivity paradox. More to come on this. #GenerativeAIforRealEstatePeople
Spot on—strategic adoption is the key to unlocking AI’s full potential in CRE. 🚀
💯
Director of Business Development at Axon | Custom software engineering
1wGood points! From your perspective, what are the practical use cases of AI that can enhance client value?