Explained: Role of Artificial Intelligence and Machine Learning in real estate sector; advantages over Robotic Process Automation algorithms

The real estate sector has proven to be making progress in adapting to technology and is slowly moving towards a data-driven approach. The use of AI & ML in businesses invariably simplifies the core processes and improves overall quality of work. Besides aiding in managing large sets of data, AI also streamlines functioning and thus drives decision making. According to a research artificial intelligence could generate more than $15 trillion for the global economy over the next decade. And investors have taken note of this and especially, early-stage investors are increasingly looking for startups that develop tech solutions which facilitates easy processes.