Author: Peggy Smedley
Walking the show floor at CES always points to the biggest trends in technology. It is always a good indicator of what is to come in the year ahead. Last year, we saw the continued rise of digital health, connected, cars, and smart homes, just to name a few. This year, much talk is squarely centered around AI (artificial intelligence), sustainability, and greater mobility, as people are returning to work and travel in droves, with eyes peeled on the future. It’s no surprise then some of the biggest announcements from this year’s show surround mobility and sustainability. A few examples…
AI (artificial intelligence) offers all kinds of benefits to the construction industry. Chiefly, being able to leverage data for predictive and prescriptive maintenance can help with many aspects of construction from preconstruction through to operations. Global Market Insights puts AI in construction growth predictions at 20% between 2023 and 2032. In comparison, Mordor Intelligence similarly suggests the AI in construction market is estimated at $3.99 billion in 2024 and is expected to reach $11.85 billion by 2029, which is a 24.31% growth rate. As Mordor Intelligence suggests, artificial intelligence and machine learning can help with the entire process including design,…
Many people have rung in New Year with the mission to improve their overall health and lifestyle, which often includes weight loss. New research suggests AI (artificial intelligence) can help with chronic care and weight loss. For instance, AI can help healthcare providers optimize treatment plans by assessing the efficacy of different interventions and offering suggestions for changes based on individual responses. Ultimately, this could reduce the chance of repercussions connected to chronic conditions. GlobalData points to one example: the virtual program that Welldoc provides to people with type 2 diabetes. The results are impressive too. More than 77% of…
As the New Year continues to unfold, what trends will take hold in our homes? How will living look different in the year ahead than in previous years? This is the question the ASID (American Society of Interior Designers) aims to answer in its Trends Outlook Preview: Top Trends for 2024. Let’s unravel all these trends to get to the bottom of what this really means for each of us. First, we need to live with and learn from Generation Z. This is something I have been touting since I published my book Sustainable in a Circular World. Gen Z…
“The future belongs to those who can imagine it, design it, and execute it. It isn’t something you await, but rather create.” Those words come from the ruler of Dubai, Sheikh Mohammed. As new workers and new technologies come to fruition such as generative AI (artificial intelligence), ChatGPT, metaverse, AR (augmented reality), VR (virtual reality), and more, we must consider how we live, work, and play with this new technology in new and exciting ways. This is precisely what was discussed on a futurist online webinar I attended just this past December. The sublime panelist discussion was strong in sharing…
As we head into 2024, we know many are predicting the steady rise of adoption of AI (artificial intelligence) will continue in many industries, including construction. In fact, some put the dollar amount at roughly $1.3 trillion. Bloomberg Intelligence, for instance, suggests the generative AI market is poised to explode, growing to $1.3 trillion in the next 10 years from a market size of just $40 billion in 2022. The report suggests growth could expand at a rate of 42%. If these numbers are even remotely on track, the bottomline is whatever prediction you look at the trend is the…
As we have discussed many times here, there are advantages to solar, but sometimes they also come with a cost. The bottomline, though, is that many communities continue to roll out more solar, to reduce emissions, as homes are expected to become the single largest consumer of electricity and therefore one of the largest contributors of carbon dioxide emissions by 2050. Consider the example of PearlX, which is headquartered in Charlottesville, Va., and has deployed many solar projects across the South. The company will often partner with multifamily owners to deploy future-proof infrastructure and create economic benefits for communities. The…
Happy New Year! What is ahead for 2024? I have some thoughts I will share with you today. We will decipher some of the loftier predictions in order to create a solid plan for how businesses can move forward in the year ahead. In last week’s blog, I challenged everyone to try an exercise to look back to the past year to identify what went well and what didn’t go well. Some questions we considered were: Who led the technology charge? What new ideas do your employees have? How does this all fit in with what you are already doing?…
Welcome to the New Year! The construction industry has an opportunity to leverage technology in new and exciting ways in the year ahead. We must consider how gen AI (artificial intelligence), digital twin, the metaverse, AR (augmented reality), VR (virtual reality), quantum, and so much more will impact our jobsites in the year ahead. In a recent interview on The Peggy Smedley Show, Laura Black, editor at large, Specialty Publishing Media, and I said down to talk about the hottest technologies for the year ahead. Certainly, gen AI took center stage in our conversation. Of course, we all know AI…
Prefab construction could theoretically bring attainable housing to many communities that don’t readily have access to housing. This could then open new homeownership opportunities to individuals and families in cities across the country. Often, the challenge is urban zoning policies have limited the acceptance of off-site building housing projects in the past. Now, one homebuilder is unveiling a project that could take this concept to the next level, bringing attainable, sustainable homes to cities. In Atlanta, Clayton unveiled a new urban infill project that includes two Clayton Built CrossMod homes, which combines off-site construction with site-built features. The company says…