ARTIFICIAL

INTELLIGEN
CE (AI)
WHAT IS ARTIFICIAL INTELLIGENCE
(AI) ?
￮ Artificial intelligence is the simulation of human intelligence
processes by machines, especially computer systems.
￮ It is the ability of a computer or any device to do tasks that are
usually done by humans because they require human
intelligence and discernment. Software can be programmed to
provide both predictive and reactive intelligence, based on the
data that is collected and analyzed.
￮ In general, AI systems work by ingesting large amounts of
labeled training data, analyzing the data for correlations and
patterns, and using these patterns to make predictions about
future states.

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How come that Artificial
Intelligence is using
Predictive Analytics?
Artificial Intelligence (AI) Predictions
￮ Artificial intelligence (AI) algorithms enable
computers to predict certain outcomes based
on large amounts of data. In construction, AI
may be used to predict the risk of project cost
overruns, the risk of on-site accidents, and the
need for maintenance over time.

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￮ Predicting cost overruns based on experience from
previous projects, and factors such as project size,
contract type and the competence level of project
managers
￮ Predicting the risk of future accidents on site. AI can
be used to analyze photos and video from jobsites
and scan them for safety hazards (e.g. workers not
wearing helmets).
￮ Predicting maintenance needs and preventing
unplanned downtime based on sensor data.

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￮ Improving safety on site through risk
predictions
￮ Optimizing the utilization of assets through
maintenance predictions
￮ Challenging to collect the big amount of
data needed for training machine learning
algorithms

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 Conclusion
￮ AI is important because it can give enterprises insights into
their operations that they may not have been aware of
previously and because, in some cases, AI can perform tasks
better than humans. Particularly when it comes to repetitive,
detail-oriented tasks like analyzing large numbers of legal
documents to ensure relevant fields are filled in properly, AI
tools often complete jobs quickly and with relatively few
errors.
￮ It focuses on acquiring data and creating rules for how to turn
the data into actionable information that make predictions for
better decision-making.

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Thank you!
DIANA JANE VALERA
KRISTEN BLEN
RUBY JANE TABLATIN
IRISH CALIP
PATRICK DANCEL