Back in the day, when someone came up with an outrageous statement, others might say, "What are you smoking?" These days, the question might be, "Is that smoke I see hovering over your AI servers?"
There is a lot that's positively amazing about generative AI, especially all the large language model chatbots. Ask something, they look it up. Request a draft of a document and it's yours faster than you could tap a single letter on a keyboard.
AI holds promise for various areas of commercial real estate, although that largely is still the future as "actual CRE uses appear to be limited and most mundane to date," a PwC and Urban Land Institute report said in the fall. Also, the term encompasses many different technologies since the 1950s.
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