Will AI Ever Be Accurate Enough to Go Solo?
We're getting closer, but not quite there. For general content generation (like blogs), AI is estimated to be 80–90% accurate. I’ve personally seen AI introduce unacceptable errors when creating content around paid ads. For example, AI doesn’t understand the restrictions fair housing laws place on multifamily advertisers.
That said, systems are getting better rapidly and already are impacting the number of customer-facing roles available at companies, most famously UDR. AI systems like ours can already reliably automate 95% of leasing and resident communication, and while I believe there will always be a need to be a human available to handle tough questions and give tours, the potential to fully automate anything that happens on your computer will likely be a reality in less than 5 years.
Some things that need to be in place before that happens include:
- Systems that allow AI to be trained on all your standard operating procedures
- Deeper integrations with your PMS and CRM to allow for access to more of your data
- Advances in large language model (LLM) reliability and accuracy
The reality is we aren’t there yet. AI will mostly augment, not replace, human talent for the foreseeable future. That said, AI is already allowing us to be far more productive, and this will impact more and more jobs. Those of us who want to keep ours need to think of AI tools as our assistants and use them to expand our skills and increase our productivity.
Further, soft skills will be even more important. The ability to build relationships will not go out of style and will be in demand even when AI can fully automate most tasks in leasing and property management operations.