CorticorpNews
Back to Finance
Expand

Updated

A new study found that artificial intelligence tools could reduce construction costs by as much as 20%, pointing to efficiency gains in project planning, materials estimation and site management. The findings add to a growing body of research examining AI's potential impact across traditional industrial sectors. The report suggests construction firms adopting AI-driven tools for scheduling, design optimization and supply-chain coordination could see meaningful cost savings, though the study's authors cautioned that realizing such gains would require significant investment in technology adoption and workforce training.