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Use of AI in construction financing for private customers

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posted on 2023-08-28, 15:32 authored by Oliver BodemerOliver Bodemer

The use of AI has already penetrated some areas of life. By shaping machine learning, it can also be used in the area of construction financing. This includes the factors of advice, the potential of land and building, as well as financial security for lending. Trends in IT are primarily AI and its sub-areas of machine learning and dynamic automation. This paper presents a scenario of how AI can transform and automate the field of construction financing. Corresponding recommendations for action a

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Email Address of Submitting Author

mail@oliverbodemer.eu

ORCID of Submitting Author

0000-0002-4412-4211

Submitting Author's Institution

IBM

Submitting Author's Country

  • Germany

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