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AI x Real Estate: Just Getting Started

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AI x Real Estate: Just Getting Started

AI represents a generational opportunity for real estate. Here's a glimpse.

Feb 3
4
Share this post

AI x Real Estate: Just Getting Started

agyaventures.substack.com

2022 was a breakthrough year for AI, and there’s a sense that we are just getting started. ChatGPT 4.0 is expected to launch this year and will be a marked improvement from its predecessor ChatGPT 3.5, which holds the record for getting to 100 million users in 2 months.

In the context of the built world, we believe AI’s emergence will cut through material use cases in real estate - a $50 Tn+ market and a key driver of the global economy - from search and listings to mortgages, architecture, construction and sustainability.

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For one, it will transform how buildings are designed and conceptualized, giving architects and design studios a whole new array of tools at their disposal - powered by software that works alongside them, as colleagues.

To get started, we used Midjourney, a text-to-image generator, to visualize futuristic concepts of the built environment and the results are intriguing. Each rendering was generated in <180 seconds with their respective prompts listed as captions below every image. Take a look.


Flood-resistant, mass timber housing in Miami, Florida
Flood-resistant, mass timber housing in Miami, Florida

A solar-powered coffee roastery and cafe in Seoul, Korea
A solar-powered coffee roastery and cafe in Seoul, Korea

A public transit-centric, sustainable apartment complex in Nashville, Tennessee
A public transit-centric, sustainable apartment complex in Nashville, Tennessee

A photovoltaic super-tall mixed-use neighborhood in Frankfurt, Germany
A photovoltaic super-tall mixed-use neighborhood in Frankfurt, Germany

A 3D-printed, LEED-platinum, smart neighborhood in Neom, Saudi Arabia
A 3D-printed, LEED-platinum, smart neighborhood in Neom, Saudi Arabia

An augmented-reality theme park in Tokyo, Japan
An augmented-reality theme park in Tokyo, Japan

Stay tuned for our TechCrunch piece early next week that dives into this subject in more detail. Look forward to your feedback and sharing more with you.

~ Kunal from Agya.

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