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Construction Technology: Building the future in a Mirror World (RICS)

August 25, 2020

Developing a 21st Century Skillset & Closing the Data Literacy Gap

When teams possess the skills and knowledge to support advanced analytics, in addition to artificial intelligence (AI), benefit is derived from two other functions: augmented decision-making and collaborative adaptability.

Fundamentally, recent advances in AI are attributed to the brute force nature in which we can employ machines to perform an astronomical number of rapid calculations on a limited number of inputs. Although the number and speed of assessments people may perform may seem poor relative to machines, one crucial advantage we hold over them is that we may receive (if not comprehend) a near infinite number of inputs. It may be decades before machines are capable of contextual analytics, if it happens at all. For this reason, humans are essential to performing augmented decision-making. To emphasize this point, it is said, machines will not replace project professionals but project professionals who use machines will replace those who don’t.

Read More at RICS

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