5 Fresh Examples Of AI
From chatbots to robots and data-driven algorithms, adoption of artificial intelligence has been for years. But the pandemic took AI to the level, with 52% of companies accelerating their AI adoption plans because of COVID.
What used to be seen as niche is now widespread, with innovative AI applications across all industries. 86% of companies say AI became a mainstream technology in 2021—and it shows no signs of stopping.
AI transforms customer and employee experiences, increases productivity and efficiency, lowers costs, improves safety and helps the environment. Here are five fresh examples of AI in action:
1 . REX Real Estate leverages AI for fast listings
Real estate is known for red tape and plenty of paperwork. REX Real Estate leverages AI to create a faster and more efficient process for listing and selling homes. Users enter their address and basic home features, including the number of bedrooms and bathrooms. The Instant List feature’s algorithm then considers the home’s age, size and location to automatically recommend a list price and provide an estimate of how long it will take to sell. Instant List also populates the listing agreement and sends it to a local agent for signature. Automating the real estate listing process moves transactions along faster and leads to homes spending less time on the market.