Wave of the Future: The Effect of AI and Robotics on Commercial Real Estate

The integration of robots and other AI into larger networks via the internet and other connectivity portals, generally referred to as the “Internet of Things” or “IoT”, highlights additional considerations in real estate and other markets, as businesses and property owners consider the benefits and drawbacks that accompany these new technologies. Because the internet is more widely available and the cost of connecting and computing is decreasing, entire networks of connected “things” and people can be created. This network, the IoT network, is capable of providing large-scale, real-time data that stands to have a profound impact on how commercial real estate professionals manage and operate their properties.

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