FORECASTING THE ECONOMIC EFFECT OF AI APPLICATION IN CONSTRUCTION: ANALYSIS AND RELEVANCE

Abstract

Based on the statement about the forecast of the economic effect from the use of artifi-cial intelligence (AI) in construction and the indicators of past years, an analysis of the hypothesis was carried out, and the feasibil-ity of long-term planning in the process of investing in innovative projects was substan-tiated. The construction industry is one of the fundamental ones and therefore all new technologies and developments must be analyzed for the long term before being in-troduced into production. The conducted study of the hypothesis about the economic effect of introducing AI in construction proved the relevance of forecasting and the need to analyze such forecasts using vari-ous methods. Some ways to solve potential problems that are likely during the imple-mentation of large projects are proposed, and a vector for further research in the field of partnership between companies in the construction industry is formed.