How AI could solve the U.S. construction industry's productivity puzzle

The days of construction projects running behind schedule and over budget could soon be over as AI technology tries to solve the U.S. productivity puzzle. Disperse, an AI-powered construction firm, has raised fresh finance to expand into the U.S. in a bid to tackle inefficiencies on building sites. The company's technology uses visual snapshots of construction projects to alert managers about potential problems before they happen. The construction sector has been grappling with low levels of productivity for decades, with underinvestment in technology one of the key factors. Closing the productivity gap in global construction could be worth $1.6 trillion a year, with a third of that coming in the U.S., according to the McKinsey Global Institute.