Chief Technology Officer at Blackstone, John Stecher, discusses how technology is transforming private markets. Topics include evolution of technology in private markets and capital markets, intersection of consumer finance and private markets, technology's impact on private markets, CTO's role in technology and investments at Blackstone, embracing technology for alternative investments, and exploring technology investments in private markets.

John Stecher, Chief Technology Officer at Blackstone and a leader in tech innovation, shares insights on the evolving intersection of finance and technology. He discusses the pivotal choice between in-house tech development versus startup partnerships, emphasizing the need for strategic resource allocation. Stecher also highlights how AI is revolutionizing sectors like real estate and private equity, reshaping analyst roles, and creating new opportunities in the investment landscape. His advice for startups focuses on understanding market dynamics and delivering quick value.

Tech leaders from Blackstone and CBRE discuss the integration of AI in the real estate industry, exploring its potential to enhance efficiency, reduce energy consumption, and improve workplace experiences. They delve into the concept of PropTech and its significance in real estate, showcasing its applications in building management and tenant management platforms. The speakers emphasize the importance of data in commercial real estate and highlight its role in efficiency, productivity, and providing valuable insights. They provide advice for partnering with Blackstone and CBRE in the technology prop tech space.