00:00 Speaker a
As you know, you walk people in your customers with this idea that artificial intelligence and robots transform the real estate industry. He leads, what you say, is this, this true transformational development of the industry through which we walk at a high level. What do you mean by that?
00:17 Speaker
Yes, therefore, from artificial intelligence and robots, as you know, I mean traditionally that robots were traditional, and people believe that it is manufacturing and logistics, but they will be much more. I have already started. Amnesty International, we already know, can pay efficiency, connect points, improve, or, as you know, gain gains in many places. But the high level, if you separate, or, like real estate, use real estate, and use anything really in the world, you make things, you move things, manipulate things or store things. This is the majority of GDP to suit this bucket. With real estate, or, if you are thinking about it, artificial intelligence and robots will turn the entire life cycle of real estate. So, you have the design. So, how do you build things? Where do things build? Thus, there are couples’ considerations there. Therefore, you will get Amnesty International and the robots used, ah, in housing, in transportation and transportation. You will see, as you know, that things like parking turns into gardens, where you see the least needed because we have independent compounds that do not need to stand. Therefore, there is a design element where AI and robots, or artificial intelligence will redesign how we think of the design. So, companies like Autodesk, and such players, will have a huge play in, such, this design system. There are also materials and energy designs that will play their role. So, if we think, or, as you know, we run on energy. Uh, the most advanced economies have a higher energy use. Thus, this is a great element in this is energy efficiency. So, we move now, as soon as we create it or we have to design it, then we build it. Now robots have a very low penetration in building things actually. He is still an intense physical manual labor. You have some upcoming constructions, where, for example, they precede them, and there are some 3D things, but at work sites, it is still very manual. There is a large space, there is a great need to improve efficiency here. We have a shortage of employment and we have incomparable needs, we have a residential crisis. I mean, people cannot live here, or, the operating system does not really work. We have a lot of debts, such as we cannot run the way we are going. Therefore, we actually need to use more artificial intelligence and robots to improve this aspect of things. The next stage is actually operations. Therefore, artificial intelligence will become the building operating system. Thus, energy efficiency, which improves the quality of life. Think about the aging of the population, and many of them are sent to the role of the elderly, but like, in fact, more people can live at home? So, if you start adding artificial intelligence, you have more energy efficiency, you know, more robots that can achieve more goals. This actually turns mainly into where people think about developing real estate because this will change people’s lives. Thus, this passes, like data centers and other things. This energy management component is very important.
05:09 Speaker a
When you think about the real estate industry, however, as you know, it can be, can be a very organized industry and sector, does this constitute any kind of challenges or obstacles that prevent the publication and integration of this kind of upcoming technology that you are talking about?
05:28 Speaker
It is a great opportunity, because now, let’s get back to Doge. Well, I think we have put up in this offer before. But in this case, we don’t try to move quickly and break things, try to move quickly and make things. And if we do so, artificial intelligence can improve how we verify the health and transmission of the speed of the red tape, such as the cycle. Therefore, you know, the permits take a long time, there are many opinions and local governments that hinder a kind of road and stop Nimby versus Yimby. Thus, as you know, artificial intelligence can also be used on the other side of the government side to say like, why do we have these regulations? Is this for safety, energy efficiency and codification of that? Now these symbols are, uh, as you know, these laws can be written and made easier. So we will see faster absorption and reduced costs, and thus developers will say like, oh, I am more likely to be able to get this through the door faster. Below is the incentives, this is what to do. Thus, you can actually see improvements from it. But yes, I mean, people are talking about energy consumption, mother, and there are many players who try to reduce this, or, and make, as you know, more efficient energy, mother, energy efficiency buildings. Therefore, this should be positive. I don’t think anyone will be against it.
