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#113 Constructing the Future: AI's Role in Building Better
May 28, 2024
Business leaders from Suffolk discuss using AI to transform the construction industry, tackling challenges like low productivity and aging workforce. They explore how AI, data, and technology drive efficiencies and opportunities in construction processes, highlighting the importance of collaboration and adaptation for a promising future.
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Quick takeaways
- Construction industry faces challenges of low productivity and aging workforce, driving the need for technology adoption.
- AI applications in construction include automated design generation and optimizing supply chain efficiency for cost savings.
Deep dives
Challenges in the Construction Industry
Productivity in the construction industry has stagnated, leading to higher costs due to the need for more labor. An aging workforce further compounds this issue as a significant portion of construction workers are nearing retirement age. Additionally, the industry's level of digitization lags behind others, highlighting the need for technology adoption to improve information flow and efficiency.
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