There are worse economic trends than slowing productivity. How about declining productivity for one? That’s the nasty trick pulled by the US construction sector. It’s been running in reverse for a ...
Those of us in the construction industry, whether we want to admit it or not, are faced with an unpleasant truth: we haven’t increased our productivity in more than 50 years. According to a research ...
Vertical AI helps construction teams work faster, safer and smarter. Specialized AI tools are boosting efficiency, safety and compliance on jobsites worldwide.
The promise of AI being a practical answer to increasing productivity and your bottom line is always subject to having good data to feed the AI model. Thankfully, AI-driven technology can enhance the ...
Sure, there's too much red tape, but there is another reason building anything is so expensive: the construction industry's "awful" productivity. Ahead of abortion access, ahead of immigration, and ...
High inflation and labor shortages are a major challenge for many industries, and no more so than in the construction and engineering (C&E) sector, where productivity has historically always been low.
We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then ...
When Shreesha Ramdas first started building tech companies in the early 2000s, he didn’t expect his path would lead him to one of the oldest industries in America: construction. A seasoned ...
Dan Horner argues that construction needs to embrace technology to unlock innovation and new pillars of creation, such as the technology of the James Webb Space Telescope that captured this image of ...
Independent.ie on MSN
AI use by mid-size construction firms boosts productivity by 20pc – while rest of industry falls behind, survey finds
Mid-size construction firms that adopted artificial intelligence early on have achieved productivity increases of 20pc, according to an AI training firm. The AI in the Built Environment report by the ...
The “CFMEU tax” for all Queensland infrastructure projects worth more than $100m has officially been axed by the state government.
8monon MSN
Here’s why increasing productivity in housing construction is such a tricky problem to solve
This week, the Productivity Commission released its much-awaited report into productivity growth in Australia’s housing construction sector. It wasn’t a glowing appraisal. The commission found ...
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