Commercial Real Estate Really Doesn’t Believe Technology Will Change It Yet
Amara’s law states people overestimate the impact of technology in the short term but underestimate its impact in the long term. Commercial real estate is kind of the other way round at the moment. According to a new report from consultancy Altus, senior commercial real estate professionals are skeptical about the impact technology trends in the headlines will have on their industry. Presented with six potentially game-changing technologies, a group of 400 professionals across the world managing $2 trillion of assets poured cold water on the potential for them to have a big disruptive impact.