Post by Chris Kelly
Co-founding GP, Stackpoint Ventures | Board Member, YPO Aspen Past: Co-Founder at Convene & EvoJets Aviation
What 400 Top Real Estate CEOs Just Learned About AI... and Why You Need to Act Now. AI and automation aren't just improving real estate operations—they are fundamentally changing the utility and value of physical assets themselves. While full automation may take 10-15 years to be fully integrated, asset values will be repriced in the next 24-36 months and the window to get ahead and move your chips is NOW. I recently delivered this keynote to 400 of the country's top real estate CEOs to let them know exactly what's coming so they could position themselves to win. If you’re a real estate exec without a clear vision and an active plan for your AI enabled future then watch this video and let today be the day you start. https://lnkd.in/g6eFmRSE Here are the 10 key takeaways: 1. Everything that can be automated will be automated — and the pace of adoption will surprise you. 2. Automation comes in two forms: physical automation (robots, autonomous mobility) and cognitive automation (AI transforming white-collar work). 3. Both will have profound impacts on asset values, tenant demand, and the need for office and residential space. 4. Once lenders change underwriting to account for automation risk and productivity, asset values will shift. 5. Automation will reshape competition, the teams who can underwrite, build, and operate more efficiently will win. 6. Don’t think of AI as a technology project, think of it as a talent and capability strategy. 7. Just as the industrial revolution transformed labor, the cognitive revolution will transform knowledge work. 8. Integrate AI as a core competency, not a side initiative. 9. Start with high-friction, high-volume, high-impact workflows to think about where AI can make the most impact. 10. The window to get ahead is the next 12–36 months.