Since its launch in November, OpenAI’s ChatGPT has undeniably caused quite a media storm. In fact, Bloomberg estimates that mentions of Artificial Intelligence and its related phrases have already increased by 77% since last year. Whilst opinions on the topic of AI range from brazen optimism to cynicism and skepticism to down-right horror, what was once thought of as a concept belonging to a distant, technologically advanced future is now our reality.
In 2019, DataProt’s statistics showed that 37% of businesses and organizations were using AI in one form or another, and with the recent uptick in investment, this number is sure to increase in future years.
Yet, on the other end of the scale, you have construction, one of the oldest and largest industries in the world. A sector that is faced with rising costs (of raw materials, labor hiring rates, or machinery) whilst managing complex challenges around productivity, efficiency and safety. Technology such as AI could hold the answer to its problems, as it has for many other sectors. The question is, then, how does an industry such as construction, which is notoriously slow to implement new technologies, adapt to and embrace AI, and is it worthwhile?