Artificial intelligence has already established itself as a key ingredient to the future of work. This technology has played an essential role in how businesses operate and communicate with employees and customers.
However, some analysts believe the way in which it impacts the office real estate world will be slower, particularly in big cities. Typically, the real estate industry in big cities like London and New York operate by landlords and tenants agreeing on 10 to 15 year leases for lavish buildings. In smaller areas, leases are shorter and better encourage a working relationship between the landlord and tenant for practical spaces.
For Tim Oldman, founder and CEO of workspace management firm Leesman, there is a huge window of opportunity for AI to improve real estate. For employees in particular, the integration of AI will be natural and, as they experience the technology more, will begin to demand more of it.
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One example of AI-integrated buildings will be smart buildings. This means the inclusion of 5G, automated sanitation and air conditioning systems, noise level and density monitors and much more. Although the collection of such data may be off-putting to some, many younger workers understand the potential benefit in doing so. As long as a company stays transparent of its usage, employees will likely be on board.
One thing is certain — the ongoing pandemic has accelerated the need for this technology integration. Moving forward, companies that opt for satellite offices as part of their long-term business plans can use AI to make this transition much more seamless.
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