Remember When a Computer Was a Big Deal?
You know, I remember a time when having a computer on your desk was the pinnacle of sophistication. It was like you were part of some futuristic movie – desks lit by the eerie glow of those massive monitors. If you had one, you were clearly doing big things. Fast forward a few decades and now, if you're not using AI automation and predictive analytics in your construction business, you might as well be drafting plans with a quill and parchment.
Now, I'm one to be skeptical of tech bandwagon. I was suspicious about the first cryptocurrency, thought electric cars was just a passing trend, and I'm still unconvinced about the necessity of kale smoothies. But when it comes to AI and predictive analytics, even a traditionalist like me can see the cement solidifying.
Picture this: you're at the helm of a construction company. You've got projects scattered across the city, cranes stretching up to the skies, and hard hats dotting the landscape. What if I told you there's a digital foreman, a kind of cybernetic site supervisor, that could predict project delays or materials shortages before they even happen? It's as if you had a crystal ball, but instead of wizards and magic, you've got data sets and algorithms.
Let's focus on construction projects for a moment. In the pre-Briq day, if you wanted to estimate project completion or the amount of materials needed, you'd rely on experience, a few educated guesses, and maybe some crossed fingers for good measure. Today, with predictive analytics, you can actually forecast when a building will be finished, which tasks are likely to run over budget, and even anticipate potential safety issues. You'd be the oracle of urban development.
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But it's not just about having ESP for your projects. AI automation can also manage the mountain of paperwork and admin tasks that make construction less constructing and more... well, paper pushing. Remember the days of manually tallying hours or sifting through purchase orders? Your AI assistant can bulldoze through that in no time, leaving you with more hours to, dare I say, enjoy a cup of coffee without interruption.
It truly is a remarkable era we're living in. And while I sometimes long for the days when a handshake sealed a deal and computer games were limited to solitaire, there's no denying that these advancements can greatly bolster the foundations of your construction business.
Of course, there's always that lingering concern: what if the machines get too intelligent? What if one day my coffee machine starts giving me project updates or my thermostat suggests better insulation materials? But until that day, I'll lean into the wonders of AI and predictive analytics. And if my coffee machine does start talking, well, I'll just pour a cup and listen. After all, there's no AI replacement for old-fashioned curiosity – yet.
Author / Senior Lecturer-Western Sydney University / Fellow AIB / Senior Lecturer-IATC
1 年I hope this adds to the conversation. Miller and Davenport - two technologists working with MIT have chronicled 29 case studies in "Working with AI". They assert that technology will evolve slowly and expensively as it has since the 1950s. Here is my book analysis applying their insights to construction contracting - posted on Linkedin - https://www.dhirubhai.net/posts/matt-stevens-phd-faib-4867b45_ai-book-analysis-activity-7084486909904781314-E6-L?utm_source=share&utm_medium=member_desktop At our industry's low net profit (4%), raising multifactor productivity (KLEMS) by 10% doubles net profit - if what you say manifests, then Australia's 230,000 contractors will be executing this.