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Will humans still have a place in real estate? 🤔
🏘 Future of AI in real estate, Apple GPT and Siri rumors, Microsoft hits $3 Trillion market cap, a GPT for better property listings, and more!
Everyday AI
January 25, 2024
Outsmart The Future
Sup y’all 👋
Josh made our morning on the livestream today by dropping this:
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Jordan
Today in Everyday AI
6 minute read
🎙 Daily Podcast Episode: With AI merging into real estate, what does that process look like both for those buying/selling and the people who work in the industry? And if AI takes real estate jobs, what will us humans do? Give it a listen.
🕵️♂️ Fresh Finds: AI that helps you find clients, Anthropic teaching chatbots how to lie, and CEOs’ struggle with AI. Read on for Fresh Finds.
🗞 Byte Sized Daily AI News: Microsoft market cap hits $3 trillion, Google Cloud partners with Hugging Face, and Publicis spends $300 million euros on AI. For that and more, read on for Byte Sized News.
🚀 AI In 5: Need some help writing a better description to sell or rent your home? There's a GPT for that. See it here
🧠 Learn & Leveraging AI: Wondering how AI impacts you and the real estate industry? Keep reading for that!
↩️ Don’t miss out: Did you miss our last newsletter? We talked about VC firms and LLMs, Google Chrome gets an AI upgrade, and the US Gov. and Big Tech partnership Check it here!
Real Estate's AI Transformation - What's Next? 🏘
How will AI impact the real estate industry?
Will we all be working with AI bots to find our next home?
What does it mean for both buyers/sellers and those who manage real estate?
Cat Allday, VP, AI and Product Operations at AppFolio, joins us to discuss real estate's AI transformation.
Join the conversation and ask Jordan and Cat questions on AI and real estate here.
Also on the pod today:
• AI Initiatives at AppFolio 🤖
• Advantages and Challenges of AI in Real Estate 💭
• How human jobs will change in Real Estate 🏠
It’ll be worth your 28 minutes:
Listen on our site:
Click to listen
Subscribe and listen on your favorite podcast platform
Listen on:
Here’s our favorite AI finds from across the web:
New AI Tool Spotlight – AI Client Finder helps you find your potential clients, Venture GPT is an AI copilot for startup founders and VC investors, and Sketch Logo AI helps you create logos in seconds.
Trending in AI – With Microsoft’s market cap reaching an all-time high, analysts are predicting a huge year for AI.
LLMs - Researchers at Anthropic taught a chatbot how to lie and it works too well.
Future of Work – Think CEOs are safe from AI? It’s actually the opposite.
Read This – This example of an AI-generated image shows the issues around copyrighted materials.
1. Microsoft’s Market Cap Hits $3 Trillion 💰
Microsoft is making some serious bank as its market cap briefly soared past $3 trillion, putting it in the big leagues. Although it lost some ground, this milestone shows the company’s growing strength. Microsoft’s investments in AI could create exciting opportunities and potential career growth.
2. Google Cloud Partners with Hugging Face 🤝
Google Cloud is teaming up with startup Hugging Face to revolutionize AI software development, and it's about to change the game. As more companies are diving into AI, the need for customized models is skyrocketing. With this partnership, developers on Google Cloud's platform can tap into Hugging Face's treasure trove of open-source AI software, including models and data sets.
3. Apple's Siri Set for Upgrade with GenAI Chatbot AppleGPT 🍎
Apple is gearing up to launch a next-generation version of Siri powered by a GenAI chatbot, AppleGPT. Apple has been secretly working on a Large Language Model (LLM) system called AppleGPT, which is expected to revolutionize Siri's capabilities. The company aims to incorporate on-device processing, going beyond just language processing to include AI audio and video.
4. Publicis Pumps 300 Million Euros into AI 💷
Publicis, the world's largest advertising group, is making a bold move by investing 300 million euros in artificial intelligence (AI) over the next three years. With plans to integrate AI into its current platform model, Publicis aims to connect every individual in the company to "CoreAI," an entity built on acquired and developed data.
5. Victoria's Secret Partners with Google Cloud For Online Shopping 🛍️
Victoria's Secret has teamed up with Google Cloud to enhance its online retail game. By leveraging Google's artificial intelligence technology, the iconic lingerie brand aims to create a personalized shopping experience for its customers. This means AI-powered conversational assistants and chatbots that provide tailored recommendations, making every shopping session feel like a VIP experience.
A GPT that helps sell your home or rent your apartment
Can a GPT help you sell your home or rent your place?
The Property Listings Wizard GPT helps you write better property descriptions for your listing.
We’re testing its capabilities and seeing how it works.
Check out today's AI in 5.
Or take a look at this related video:
🦾How You Can Leverage:
Where you live actually requires a ton of menial tasks.
Whether you’re house hunting, looking for your next apartment, or living in a large apartment community that needs maintenance, the tasks stack up.
Setting up showings.
Paperwork before move-in.
Association fees.
And… wait, what… whose car is that blocking the community entrance?!
Whether you’re in real estate, property management or maybe just have a few rental homes under your belt, the day-to-day can be overwhelming.
Cat Allay and Appfolio are trying to fix that.
Cat is the VP of AI and Product Operations at AppFolio, a platform that streamlines and automates real estate management.
She joined Everyday AI to give us a virtual walkthrough of how AI is impacting the real estate industry, and what the future holds.
Let’s get it. 👇
1 – AI tools > Real estate grunt work 🧑🎨️
Cat mentioned a simple yet powerful use-case for AI in real estate.
Let’s say you’re house hunting and spot your dream home while cruising through neighborhoods you dig.
Buuuut, it’s like 7 p.m.
You probably expect that if you call the number on the ‘For Sale’ sign, that you’ll get a voicemail.
That’s where AI-powered assistants come into play, Cat told us.
Try this:
If that real estate company is using AppFolio, you’ll get a little dose of AI after hours. After you leave a voicemail, you’ll receive a text message from a LLM-powered virtual assistant from Appfolio, Lisa.
Then, that conversational history gets passed off to a real human that can help you.
Cat said the integration of smart assistants like Lisa is where the real estate and property management world is going.
2 – Better note taking and meetings 🎯
One of our favorite things to ask smart people building AI is how they actually use AI in their day to day.
Cat said for her, it’s smarter meetings.
Given she spends 80% of her time in meetings (whoa!), she used to have to spend the majority of her focus on taking notes.
Instead, she uses Superpowered for AI-powered note taking.
Try this: Just like Cat did, winning back time is the first thing you should focus on in implementing GenAI.
(We actually just gave you the blueprint on how to win back time with GenAI, which is probably one of the most comprehensive GenAI guides we’ve put together!)
And if you’re like Cat and find yourself in meetings Allday (see what we did there?!) then this video is gonna save you hours y’all.
3 – AI = on the go real estate 🧍
So where is the future headed when it comes to real estate and property management?
On the go.
Cat gave a simple example. Let’s say you’re a property manager and you’re walking the property and see a car parked illegally.
In the near Generative AI-everywhere future, you’d be able to talk to an AI assistant, see who the car is registered to in your community, and then send a text asking them to move it. All without breaking a stride.
Try this: If you want to take a deep dive on the future of real estate with AI in the fold, this report from McKinsey is a must.
Or, if you’re just looking for how you can get a jump on outsmarting the future, we just gave you the 7 Ways to use AI in your business in 2024.
BAM! 👇
⌚
Numbers to watch
$3 Trillion
Microsoft’s Market Cap hits an all-time high, becoming only the second U.S. company to hit that mark. (Apple was the other)
Now This …
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