Two-thirds of investors foresee widespread AI adoption by 2022

Robot

Almost two thirds of institutional investors believe that artificial intelligence (AI) will be widely adopted in real estate by 2022, according to a new industry-wide survey.

Consultancy Intertrust interviewed 132 real estate investors on the impact AI will have on the sector and 64.5% said it would be “widely adopted” in four years with 42% believing the widespread adoption will come even quicker, by 2020.

More than a third of investors (34%) said the technology will help investors make more informed decisions.

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