Two-thirds of investors foresee widespread AI adoption by 2022

By Emanuela Barbiroglio2018-05-03T11:47:00

Source: Shutterstock/Willyam Bradberry

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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