{"id":100881,"date":"2024-12-26T12:50:55","date_gmt":"2024-12-26T07:50:55","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=100881"},"modified":"2024-12-27T10:46:18","modified_gmt":"2024-12-27T05:46:18","slug":"ais-role-in-transforming-construction-industry-highlited-at-build-asia-conference","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ais-role-in-transforming-construction-industry-highlited-at-build-asia-conference.html","title":{"rendered":"AI\u2019s role in transforming construction industry highlited at Build Asia Conference"},"content":{"rendered":"\n<p>Karachi: Artificial intelligence (AI) is poised to revolutionize Pakistan\u2019s real estate and construction sectors, offering new avenues for efficiency, transparency, and sustainability, experts said during the 18th Build Asia International Conference and Exhibition.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Speaking at the event, an AI consultant emphasized that AI is a game changer for the industry, particularly in areas like risk assessment, market trend analysis, and property management. Tools powered by AI enable stakeholders to make informed decisions while fostering innovation in construction practices.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cbd-proposes-real-estate-investment-trust-in-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">CBD proposes Real Estate Investment Trusts in Punjab<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Academia was also highlighted as a crucial player in this transformation. Experts pointed out that integrating AI into educational curricula, particularly in fields like architecture and urban planning, could prepare future leaders for the evolving landscape. Partnerships with industry leaders for student internships and hands-on experience were suggested to bridge the gap between theoretical knowledge and practical applications.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Ethical considerations in AI use were stressed, including data privacy, algorithmic bias, and job displacement concerns. For instance, experts called for the ethical evaluation of AI tools like facial recognition technology in buildings to ensure responsible deployment.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/zameen-arx-luxury-tower-lhr-cbd-6580.html\" target=\"_blank\" rel=\"noreferrer noopener\">Zameen Arx debuts as the \u2018Forefront Project\u2019 in CBD\u2019s evolution: Punjab\u2019s tallest venture<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Specific AI-powered tools were showcased at the event:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Allytics, which uses video analytics to monitor construction site conditions, safety, and productivity.<br>Everguard.ai, which employs real-time data analytics to enhance worker safety by detecting hazards and ensuring compliance with safety protocols.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>With AI continuing to evolve, its integration into Pakistan\u2019s real estate sector is expected to set new benchmarks for efficiency and growth while addressing longstanding challenges in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Artificial intelligence (AI) is poised to revolutionize Pakistan\u2019s real estate and construction sectors, offering new avenues for efficiency, transparency, and sustainability, experts said during the 18th Build Asia International Conference and Exhibition. Speaking at the event, an AI consultant emphasized that AI is a game changer for the industry, particularly in areas like risk assessment, market trend analysis, and property management. Tools powered by AI enable stakeholders to make informed decisions while fostering innovation in construction practices. Read: CBD proposes Real Estate Investment Trusts in Punjab Academia was also highlighted as a crucial player in this transformation. Experts pointed out that integrating AI into educational curricula, particularly in fields like architecture and urban planning, could prepare future leaders for the evolving landscape. Partnerships with industry leaders for student internships and hands-on experience were suggested to bridge the gap between theoretical knowledge and practical applications. Ethical considerations in AI use were stressed, including data privacy, algorithmic bias, and job displacement concerns. For instance, experts called for the ethical evaluation of AI tools like facial recognition technology in buildings to ensure responsible deployment. Read: Zameen Arx debuts as the \u2018Forefront Project\u2019 in CBD\u2019s evolution: Punjab\u2019s tallest venture Specific AI-powered tools were&hellip;<\/p>\n","protected":false},"author":18,"featured_media":100901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[61256,61255,61258,61244,61246,61254,13968,61252,61251,61248,61245,61257,61253,61247,61242,61243,61260,61259,3045,61250,61249],"persona":[],"class_list":{"0":"post-100881","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-ai-and-urban-design","9":"tag-ai-ethics-in-real-estate","10":"tag-ai-for-property-management","11":"tag-ai-in-construction","12":"tag-ai-in-real-estate","13":"tag-ai-in-urban-planning","14":"tag-ai-integration","15":"tag-ai-research","16":"tag-ai-risk-assessment","17":"tag-ai-tools","18":"tag-ai-powered-platforms","19":"tag-construction-industry-transformation","20":"tag-construction-safety","21":"tag-proptech","22":"tag-proptech-convention-2024","23":"tag-real-estate-innovation","24":"tag-real-estate-tech-advancements","25":"tag-real-estate-technology","26":"tag-real-estate-trends","27":"tag-smart-construction","28":"tag-sustainable-construction","29":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AI\u2019s role in transforming construction industry - Zameen News<\/title>\n<meta name=\"description\" content=\"AI is a game changer for the industry, particularly in areas like risk assessment, market trend analysis, and property management....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ais-role-in-transforming-construction-industry-highlited-at-build-asia-conference.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI\u2019s role in transforming construction industry - Zameen News\" \/>\n<meta property=\"og:description\" content=\"AI is a game changer for the industry, particularly in areas like risk assessment, market trend analysis, and property management....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ais-role-in-transforming-construction-industry-highlited-at-build-asia-conference.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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