Real Estate, Disaster Relief, Construction Seeing The Impact Of Technology

Technology—specifically artificial intelligence (AI), drones and digital currency—is forever changing how most industries operate, and in some cases it’s creating new jobs for humans, according to a new article by futurist Rohit Talwar in Fast Future Publishing.

In the real estate sector, digital platforms for home sales, home tours via VR and smart locks on doors are currently offering dramatic, new conveniences for buyers and sellers, and future trends will focus on the digital currency blockchain and Bitcoin—both expected to increase transparency in this sector. Blockchain is even expected to be an option for real estate investments in the future. The article notes that smart contracts via blockchain may threaten traditional real estate jobs, although new technologies such as AI, virtual reality and augmented reality are likely to create new opportunities in the field.

In the field of disaster relief, drones can provide a huge benefit by taking on jobs that are hazardous or inefficient for humans. Among the tasks drones can accomplish now, and in the future, include flying into disaster scenes to detect for human life, removing rubble when buildings collapse, airlifting people from disaster zones to safety, targeting fires or chemical spills in places helicopters cannot reach, disabling would-be aggressors and tracking the course of fires and other dangers, according to the article.

In the construction industry where, in 2017, 6.3 percent of distributor sales of promotional products sales were made, virtual reality is allowing architects to develop more sophisticated design models and assisting building owners and potential occupants in planning interior layouts. In the future, the use of VR could also help architects model installation of electrical, heating, ventilation, air conditioning, water and sanitation facilities. Alternative approaches to development such as 3D printing and robo-bricklaying could also help contractors simulate construction times.

filed under July 2018
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