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Why Does Real Estate Resist AI?
Podcast with David Blumenfeld from Core Rivet and Next Rivet
Proudly sponsored by ConstructAI, brought to you by Weston Analytics
In this episode of the Project Flux podcast, James Garner and Yoshi Soornack speak with David Blumenfeld about the intersection of AI and digital transformation in the real estate and retail sectors.
They discuss the differences between Next Rivet and Core Rivet, the challenges of implementing AI in traditional industries, and the importance of educating clients about the evolving technology landscape. David shares insights on overcoming resistance to change, addressing job security concerns, and the need for a mindset shift in organizations.
The conversation also touches on the role of AI in enhancing customer experiences and the misconceptions surrounding digital transformation.
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Takeaways
Next Rivet focuses on digital experiences in physical environments.
Core Rivet provides traditional research and advisory services.
AI is a tool that enhances existing technologies, not a standalone solution.
Education is key to overcoming resistance to AI adoption.
Companies need to start small with AI implementation.
There is a significant skills gap in understanding AI.
Job security concerns can hinder AI adoption in traditional industries.
Digital transformation is not just about consumer-facing technology.
Real data analytics can improve operational efficiency in retail.
The future of customer experience lies in integrating digital and physical environments.
Meet Project Flux: About Us
At Project Flux, we're committed to pioneering the future of construction and project delivery through the lens of cutting-edge Artificial Intelligence insights. Our vision is to be at the forefront of integrating AI into the fabric of project delivery, transforming how projects are conceptualised, planned, and executed.
Our Mission Project Flux aims to not only inform and educate but also to inspire professionals in the construction industry to embrace the transformative potential of AI. We believe in the power of AI to revolutionise project delivery, making it more efficient, predictive, and adaptable to the dynamic demands of the modern world.
What We Offer Through our insightful newsletters, podcasts and curated content on LinkedIn, and engaging discussions, Project Flux serves as a resource for professionals seeking to stay ahead in their field. We offer a blend of practical advice, thought leadership, and the latest developments in AI and construction technology.
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