Housing and healthcare make up nearly half of household spending, yet both sectors are riddled with inefficiency and rising costs.

In this episode, Erik Torenberg is joined by a16z Growth partner Alex Immerman and Minna Song and Tony Stoyanov, cofounders of EliseAI, to discuss why they’re tackling these critical industries and how AI can transform everything from leasing and maintenance to patient scheduling and compliance.

The conversation covers:

Why the U.S. is 5 million housing units short — and how technology can help unlock existing supply
How automation can cut waste, reduce labor costs, and improve affordability
What fully autonomous buildings might look like, and how that model could extend to healthcare

This is about the costs that touch every household, and the role AI might play in finally bringing them down.

Timecodes:

0:00 Introduction

0:28 Why Housing and Healthcare?

1:17 Technology’s Role in Housing

3:39 Housing Affordability & Supply Challenges

5:42 Regulatory and Capital Barriers

8:30 Improving Efficiency in Real Estate

13:05 Automation and the Future of Property Management

18:28 The Human Role in an AI-Driven Industry

20:35 Financial Engineering & Data Bottlenecks

21:51 The Future of Housing: Robotics, Mobility, and Flexibility

25:29 R&D and Technology Adoption in Real Estate

27:09 Addressing Criticisms of PropTech

29:24 Maintenance, Repairs, and AI Solutions

31:44 Expanding from Housing to Healthcare

32:38 Parallels Between Housing and Healthcare

36:41 The Future of Healthcare Operations

39:09 Lessons Learned & Ultimate Vision for EliseAI

40:55 Closing Thought

Resources:

Link to blog: https://a16z.com/announcement/investing-in-eliseai/

Find Minna on LinkedIn: https://www.linkedin.com/in/minna-song/

Find Tony on LinkedIn: linkedin.com/in/stoyan-tony-stoyanov-07690a53

FInd Alex on X: https://x.com/aleximm

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Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures.

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