'AI Is Taking Over Construction Coordination Work, Not Skilled Jobs': Powerplay CEO
\n\nArtificial intelligence is transforming India's construction sector by improving project coordination and procurement planning as well as repetitive tasks such as data entry. However, as in other sectors, concerns remain about AI's potential impact on jobs and its wider applications across the construction sector.
\n\nIesh Dixit, Co-Founder & CEO at Powerplay said, "AI will change the work in construction faster than it changes the number of people in it, and the honest answer on jobs depends on whether you look at the next two years or the next ten.
\n\nThe gains show up first in the back office of a contracting business. For one railway contractor we work with, the quantity and procurement planning that used to take weeks on a 60 km project now takes about a day, with material wastage down by 10 to 12 percent.
\n\nAnother contractor had someone spending most of their day comparing material prices; with those comparisons now on one screen in minutes, that time has moved to sharper buying and stronger vendor relationships. And the same railway contractor that once spent around 25 days a month at site tracking the project…
Original source: https://www.timesnownews.com/business-economy
