Author: Peggy Smedley
Jason Cohen, founder and CEO, Simulacra Data, and Peggy Smedley talk about how AI (artificial intelligence) is impacting nearly every industry, specifically food and CPG (consumer packaged goods). He says it is unbelievable how far we have come. They also discuss: The importance of knowing your consumers, as all successful CPG products are built on repeat consumption, and the rise of the fracture of the consumer market. The insights and the value that businesses and consumers gain together from AI. The top three trends among CPG companies—both the big and small ones. https://www.simulacra-data.com IoT, Internet of Things, Peggy Smedley, artificial…
Rod Fontecilla, chief innovation officer, Guidehouse, and Peggy Smedley talk about how generative AI (artificial intelligence) and ChatGPT are changing markets and industries. He says you can see the changes in every industry. They also discuss: If the role of the data scientist and software engineer is going to change going forward with the advent of ChatGPT. Who is the worker of tomorrow and who will lead the charge? The potential impact of digital twins combined with generative AI. https://www.guidehouse.com/” Tags: IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G cloud, sustainability,…
“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…
I always say we must look back to see where we have been if we want to look forward to knowing where we are going. This method is myriad. We must look to the technology of our forefathers, and we must also look at our own successes and our own failure to know what went well and what didn’t. This will help inform us where we should head next. Recently, on the 850th episode of The Peggy Smedley Show, I took a cue from Charles Dickens’ A Christmas Carol and I enjoyed journeying through different eras on each of the…
In the past 12 months there has been a lot of talk surrounding gen AI (artificial intelligence) and the potential impact on business, but where exactly are we with AI in the construction industry? The results from the new report are a little bit surprising, but perhaps some in the industry might agree. Let’s take a look. Having surveyed 3,000 people, AIPRM suggests almost one in six (14%) of business owners are fearful of ChatGPT and refuse to use it for work. In this survey, we also see there are five top industries that are fearful of gen AI. Topping…