Will AI Disrupt the Real Estate Industry and Smart Homes Control Us? Steve Hoffman

The latest technologies and AI will profoundly change our economy, industries and our lives. Real estate has been highly resistant to technological change in certain areas, especially when it involves cutting out the broker network, but homes are rapidly getting smarter and they will continue to get smarter as this industry grows.

Jason Hartman welcomes back Steve Hoffman, aka Captain Hoff, to discuss the latest technologies disrupting and changing the real estate sector and our lives. While a lot of great things will undoubtedly come out of smart technology that improves the way we live, the adoption of this kind of technology is like opening Pandora’s box. It could be used to monitor and control many aspects of people's lives.

As a society and as a human race, we are at the point right now where we must figure out how to intelligently use these technologies for our benefit as a whole and not to suppress or be used to control us.

0:00 Welcome Steve Hoffman, Chairman & CEO of Founders Space: a global innovation hub for entrepreneurs, corporations, and investors
1:01 Battling inflation in the Metaverse
2:34 Real estate technology and the future of RE
3:09 Can AI replace humans in real estate? Will people buy houses through an app?
5:31 Buy property through a VR experience
8:19 Robots and home security
9:42 The Internet of Things and smart device integration
10:27 Companies best positioned for full integration are ones like Amazon and Google
11:51 AI for real estate forecasting
13:33 AI for property management
14:42 AI property appraisal - Zillow
15:44 The sharing economy - could homeowners start sharing expensive items such as law mowers?
17:56 Could the sharing economy make cars obsolete?
21:01 Autonomous cars and autonomous delivery
22:58 AI to keep the elderly safe
24:01 Homes will continually get smarter: AI for detecting termites, cracks, leaks, fire, etc.
25:06 Smart beds to help you sleep better
26:50 Companies can buy/sell this data and abuse our privacy
28:22 Smart homes of the future be buying products for you and shipping them to you automatically
30:52 Why doesn’t sugar come with a warning label?
32:38 Intelligent government regulation
33:26 Virtual offices will get much better
36:00 We want high IQ robots
37:37 We will give up a lot of privacy by using this devices
38:59 Learn more at https://www.foundersspace.com/

Steve Hoffman (Captain Hoff) is the Chairman & CEO of Founders Space, a global innovation hub for entrepreneurs, corporations, and investors, with over 50 partners in 22 countries.

Hoffman is also a venture investor, founder of three venture-backed and two bootstrapped startups, and author of several award-winning books. These include “Make Elephants Fly” (Hachette), “Surviving a Startup” (HarperCollins), and “The Five Forces” (BenBella).

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