Authors:
PITZ Fabian, NAUMANN Michael Matthias, OLARU Stelian Mircea, SOEHNER Selina, Romania
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Abstract:
Artificial
intelligence (AI) is a central focus in contemporary scientific and social
discourse, generating both optimistic prospects for humanity and concerns about
its potential risks, particularly in relation to the labor force. However, the
ongoing discussions often lack specificity regarding the fundamental areas
influenced or anticipated to be influenced by AI. This research
aims to identify the scientific focal points within the realm of AI research
and analyze the perspectives of researchers. In particular, the life cycle of
the real estate should also be taken into account so that a clear application
of AI in the real estate industry can be identified. The primary
areas of focus identified are Valuation, Property Development, Data, Property
Search and Property Management. The research
methodology involves an extensive literature review, compiling and evaluating
numerous researchers' opinions. Utilizing the Scopus and Web of Science
databases, relevant literature and authors were meticulously examined,
employing a systematic approach that resulted in recorded tables. In a
systematic analysis of topics, each subject was examined in detail and results
were derived based on their frequency. The prevailing theme in current
literature revolves around the evaluation of whether to assess the present
value or future value. This seems to offer the greatest benefit combined with
the best feasibility. The study findings indicate that the potential benefits
of artificial intelligence (AI) are significant. However, the current
utilization of AI is sporadic. Despite this, substantial efforts are underway
in numerous areas to actively implement and integrate AI technologies.
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