I'm seeing more and more evidence of problems resulting from too much reliance on Ai, especially in real estate. Maybe it's because I am such a big proponent of doing more thorough research than others to have more information in your favor. The below linked article discusses how the use of Ai for major construction projects appears to be aggressively inflating costs for both materials and labor. In other words, more than ever it depends upon which side of the negotiating table you are on.
Until now, my reasons for discussing the use of Ai, compared with using Hi (Human Intelligence) have focused on the data. If I am bidding on a project against five other sources and rely on Ai, I could easily be submitting the same data that four other bidders are and significantly reduce my odds for success. Having plenty of Hi, especially when based on extensive research, should bring me a huge advantage.
It now looks like those on the buying side need to be aware of how Ai could be inflating costs. If you don't know how to, or take the necessary time to do thorough research, you could wind up spending thousands of dollars more than necessary. I would not be surprised if the "thousands of dollars more" amount makes a project seem not worthwhile, when it could actually be very worthwhile if priced properly.
To put it more strongly, my wife works in healthcare. One of the reasons she dislikes Ai is that medical data could be taken from one or more patients that required heavier doses of medications or a custom diagnosis which does not apply to other individuals in making general determinations.
This is not to compare people's lives against real estate transactions, but it is the same theory. My clients, students, and valued connections are learning the difference, and the continuing need for Hi to take over.
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