Analyzing the AI Hype Cycle; Applied to Automation

Analyzing the AI Hype Cycle; Applied to Automation

Analyzing the AI Hype Cycle; Applied to Automation. Artificial intelligence and machine learning have been praised as game-changing developments of over the last 5 years, however, many feel disappointed when comparing expectations to real-life application. AI might have missed the mark in the short term, but it has been ‘progressing in the shadows,’ gradually helping to automate tasks and reduce costs. This is certainly the case in the property industry.

Artificial intelligence and machine learning have been praised as game-changing developments of over the last 5 years, however, many feel disappointed when comparing expectations to real-life application. AI might have missed the mark in the short term, but it has been ‘progressing in the shadows,’ gradually helping to automate tasks and reduce costs. This is certainly the case in the property industry.

But where is AI on the "Hype Cycle," particularly when it comes to Proptech? According to the graph below, the Gartner general sentiment for the property industry is that AI usage it's overrated and in the hype phase.

proptech property-technology ai artificial-intelligence future technology latest-tech-stories ai-applications

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