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The real estate industry is one of the many industries being disrupted by artificial intelligence (AI). From chatbots to predictive analytics, AI is changing the way real estate agents do business. Here's a look at how AI is impacting the real estate industry and what agents need to do to stay ahead of the curve.

Artificial intelligence sounds futuristic, no doubt influenced by popular culture. Yet true AI, the kind we have now, isnt nearly as advanced as to be able to do any of the things you see R2-D2 do in the latest Star Wars movie. Instead, todays AI is all about using advanced machine learning algorithms to process massive amounts of data as quickly as possible, identifying trends that could otherwise go unnoticed.

Because AI makes use of massive amounts of data its not just good at identifying trends its also adept at predicting future ones based on the information its provided. In fact, the larger the data set, the better modern AI performs with enough information at its disposal, a machine learning algorithm can provide incredible insights.

The real estate industry is, of course, the business of buying, selling, and investing in property. Real estate agents, brokers, investors, house flippers, construction companies, and property maintenance companies all fall under the real estate umbrella, either directly or tangentially.

Because there are so many different facets of the real estate industry, AI can be leveraged in dozens of different ways. A few examples include how real estate agents can use AI-assisted tools to build client relationships or how investors can use predictive analysis to help make determinations on the profitability of a property. The possibilities might not be limitless, but theyre highly promising.

So what, exactly, are the different ways that AI can impact the real estate industry for the better? Lets take a closer look below at four of the primary ways.

The more automation you can build into your processes, the better but this automation must be reliable. Otherwise, its not going to help you if its only going to deliver inaccurate or inconsistent results. This means that automating certain processes, especially those in client relationship management, needs to be done in ways that actually helps you build those relationships more efficiently.

The rise of so-called virtual assistants is emblematic of what AI can do for real estate professionals. A virtual assistant can automate tasks such as sending emails to your marketing list on a regular basis, for example. Other good ways to use AI-enabled assistance include an automated calculation tool that buyers, sellers, and agents alike can use, with the data the tool relies on being pulled from a large machine learning database.

Identifying trends and then predicting the impact that those new trends will have on the real estate market is a major selling point for artificial intelligence. Machine learning and analysis can parse massive amounts of data in a fraction of the time that people can, identifying both issues and opportunities before they arise.

AI-enabled predictive analytics can even be leveraged to create opportunities for greener real estate. HVAC systems, for example, make up 45 percent of energy usage in commercial buildings. 30 percent of that energy is wasted, but machine learning can be used to identify where waste is happening. This allows more targeted approaches to minimizing that waste, which reduces maintenance costs incurred by real estate investors.

A step up from a simple menu on a website, a chatbot is an interactive tool that allows site users to ask questions in real English and get accurate responses back. Programming a chatbot through traditional methods requires massive investments in time and resources, and the results are less than stellar its obvious to anyone using a traditional chatbot that were a far way off from useful interactivity.

Yet artificial intelligence increases the use of chatbots to near-human levels of interaction. Using machine learning, chatbots have access to massive amounts of data on the kinds of questions people tend to ask, allowing it to find better answers that are more helpful and less like talking to a robot. Using a chatbot in this way is hugely advantageous for real estate professionals looking to streamline their sales and marketing funnels effectively.

If the coronavirus pandemic has taught us anything, its that the ability to continue to live our lives during such times is dependent on strong remote business tools. Virtual reality and augmented reality are part of that, as you can leverage VR/AR tools to conduct business remotely and efficiently and the processing power of artificial intelligence helps make these capabilities a possibility.

In the world of real estate, being able to show properties virtually during the pandemic was a major boon. While nothing will replace truly walking through a property, having an interactive VR experience from across town or across the country where someone can explore the interior of a property without having to set foot inside it kept the real estate industry afloat during those tumultuous times.

New technologies always have the potential to disrupt the status quo. Embracing these new technologies from the outset is often the one factor that dictates long-term success, and this concept applies to the real estate industry just as it does to any other. AI and machine learning is just another step in the right direction for any real estate professional who wishes to see their business thrive.

Ben Shepardson is a Realty Biz News Contributing Writer and has a long track record of success in online marketing and web development. While pursuing a bachelors degree in Computer Information Systems, he worked doing enterprise-level SEO and started an online business offering web development services to small business customers.

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What is the Impact of Artificial Intelligence on the Real Estate Industry - RealtyBizNews

New York, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Artificial Intelligence in Fintech Market Research Report by Components, Application, Deployment, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06336246/?utm_source=GNW 32% to reach USD 75.40 billion by 2027.

Market Statistics:The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:This research report categorizes the Artificial Intelligence in Fintech to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Components, the market was studied across Services and Solutions. The Services is further studied across Managed and Professional.

Based on Application, the market was studied across Business Analytics & Reporting, Customer Behavioral Analytics, Fraud Detection, Quantitative & Asset Management, and Virtual Assistant.

Based on Deployment, the market was studied across Cloud and On-Premise.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Artificial Intelligence in Fintech market considering the current update on the conflict and its global response.

Competitive Strategic Window:The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:The FPNV Positioning Matrix evaluates and categorizes the vendors in the Artificial Intelligence in Fintech Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitors strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Artificial Intelligence in Fintech Market, including Active Intelligence Pte Ltd., Affirm, Inc., Amazon Web Services Inc., Cape Analytics Inc., CognitiveScale Inc., ComplyAdvantage Company, Core Scientific, Inc., Felicis Ventures Company, Google LLC, HighRadius Corporation, Inbenta Holdings Inc., Intel Corporation, International Business Machines Corporation, IPsoft, Inc., Microsoft Corporation, MindBridge Analytics Inc., Nuance Communications, Inc., Numerai Company, Oracle Corporation, Salesforce, Inc., TABLEAU SOFTWARE, LLC, and Upstart Network, Inc..

The report provides insights on the following pointers:1. Market Penetration: Provides comprehensive information on the market offered by the key players2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global Artificial Intelligence in Fintech Market?2. What are the inhibiting factors and impact of COVID-19 shaping the Global Artificial Intelligence in Fintech Market during the forecast period?3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Artificial Intelligence in Fintech Market?4. What is the competitive strategic window for opportunities in the Global Artificial Intelligence in Fintech Market?5. What are the technology trends and regulatory frameworks in the Global Artificial Intelligence in Fintech Market?6. What is the market share of the leading vendors in the Global Artificial Intelligence in Fintech Market?7. What modes and strategic moves are considered suitable for entering the Global Artificial Intelligence in Fintech Market?Read the full report: https://www.reportlinker.com/p06336246/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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Artificial Intelligence in Fintech Market Research Report by Components, Application, Deployment, Region - Global Forecast to 2027 - Cumulative Impact...

Artificial intelligence technology is being used more and more and in many situations it is used to see how people would look with the passing of time or by removing aesthetic touch-ups

This is the case with a TikTok account, run by the Australian streamers Vandahood Live. They posted a video compilation of what the Kardashians would look like naturally on their profile.

Kim Kardashian, Kylie Jenner, Khloe Kardashian, Kris Jenner and Kourtney Kardashian have been the subjects of that now viral TikTok, showing their faces without the surgeries they have been getting over the last few years.

The real video used is from 'Keeping Up with the Kardashians' where you can see their real faces compared to the one generated by artificial intelligence.

The most obvious Kardashian differences are Kylie's thinner lips or Khloe's much thinner nose. In addition, both have admitted in interviews that they have had these surgeries.

"We used three different artificial intelligence software and two different standard graphics software and a full week to get it done," explained Keith, one of the members of Vandahood Live to PetaPixel.

"We had to take a different approach for each family member, as each experienced different changes over the years."

Deep Face Lab, FaceApp and EbSynth were the programs used to recreate the Kardashians.

Continue reading here:
Artificial intelligence reveals what the Kardashians would look like without all their cosmetic surgeries - Marca English

Review time shortened from an average of nine days to less than one day

BOSTON, Oct. 12, 2022 /PRNewswire/ --Blue Cross Blue Shield of Massachusetts("Blue Cross") today announced the completion of a proof-of-concept pilot called "FastPass," an automated prior authorization process from end-to-end, eliminating the need for faxes, phone calls and manual processes for payers and providers. The initiative, piloted at New England Baptist Hospital (NEBH), focused on addressing the major problem areas, including reducing the time from submission to decision, alleviating administrative burden, decreasing clinical review time, and increasing clinician satisfaction.

The ProblemPrior Authorization (also known as "Pre-Certification") is a process through which a clinician seeks advanced approval from a health plan to ensure that a service or treatment is covered, medically necessary, and not duplicated. Prior authorizations exist to manage excess health care costs and mitigate patient risk while also helping ensure consumers receive high-quality care. However, prior authorization can be cumbersome for clinicians.

"We realize that the prior authorization process is widely recognized as the single biggest administrative pain point for hospital staff," said Kathy Gardner, RN, vice president of clinical operations at Blue Cross. "We wanted to figure out a way to retain the value of prior authorizations ensuring our members receive treatments that are medically necessary and clinically effective while eliminating the administrative burden on our clinical partners and allowing members to get the care they need sooner."

How it worksBlue Cross engaged Olive, a leading automation and intelligence company bridging the divide in health care, to help streamline both clinician and payer processes and prior authorization decision-making using artificial intelligence (AI).

The technology automated the process of cross-checking Blue Cross' prior authorization requirements in real-time to identify if a prior authorization was required. If a prior authorization was not required, the provider received instant notification that they could proceed with scheduling the procedure. When prior authorizations were required, FastPass used AI to cross-check the clinical history in the electronic medical record against Blue Cross' medical necessity criteria and automatically generate a recommendation in real time, again giving the clinician the ability to proceed with scheduling the procedure. For the remaining prior authorization submissions that required more complex clinical review, FastPass automatically packaged and made available all the clinical documentation and notes to the clinical review team, significantly streamlining and accelerating the reviews.

The ResultsThe pilot at NEBH focused on hip and knee procedures for 32 orthopedic providers over the course of a four-month period. 88% of prior authorization submissions were processed automatically in real-time. The overall impact on prior authorization approval time went from an average of nine days to an average of less than one day. The associated impact on administrative burden and cost has been significant for Blue Cross.

"The FastPass proof-of-concept is just one step in our journey toward automating prior authorizations across BCBSMA to continue to make the process frictionless for our clinical partners and ultimately our members," said Deb Vona, senior director of business operations at Blue Cross.

About Blue Cross Blue Shield ofMassachusettsBlue Cross Blue Shield ofMassachusetts(http://www.bluecrossma.org) is a community-focused, tax-paying, not-for-profit health plan headquartered inBoston. We are committed to the relentless pursuit of quality, affordable and equitable health carewithan unparalleled consumer experience.Consistent with our promise to always put our members first, we are rated among the nation's best health plans for member satisfaction and quality.Connect with us onFacebook,Twitter,YouTube,andLinkedIn.

About OliveOlive delivers automation and intelligence to bridge the divide in healthcare. By addressing the most burdensome operational issues, Olive is reducing costs and increasing capacity for hospitals, health systems and payers, so the focus can remain on delivering the best, most effective care to patients. To learn more about Olive, visit oliveai.com.

SOURCE Blue Cross Blue Shield of Massachusetts

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BLUE CROSS BLUE SHIELD OF MASSACHUSETTS USES ARTIFICIAL INTELLIGENCE TO SPEED REVIEW TIME, AUTOMATE AUTHORIZATIONS & ELIMINATE ADMINISTRATIVE...

Lantheus Holdings, Inc.

NORTH BILLERICA, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Lantheus Holdings, Inc. (the Company) (NASDAQ: LNTH), a company committed to improving patient outcomes through diagnostics, radiotherapeutics and artificial intelligence solutions that enable clinicians to Find, Fight and Follow disease, showcased artificial intelligence (AI) data at the 2022 European Association of Nuclear Medicine (EANM) Annual Meeting in Barcelona, Spain.

PYLARIFY AI has the potential to contribute meaningful insights to inform treatment selection and monitoring in prostate cancer. Our presentations at EANM highlight new data on the clinical utility of our artificial intelligence solution to assess response to prostate cancer therapy, said Etienne Montagut, Chief Business Officer, Lantheus. Lantheus continues to be a leader in harnessing the power of AI and machine learning to inform clinical decisions, and support our mission to Find, Fight and Follow disease to deliver better patient outcomes.

A summary of the data presented is included below.

In an oral presentation, the Company reviewed the results from a retrospective analysis using aPROMISE to evaluate PSMA PET/CT scans, pre- and post-androgen deprivation therapy, of men with treatment nave castration sensitive prostate cancer. The results demonstrated that a change in automated PSMA scores in bone and lymph nodes is strongly associated with PSA response. The analysis also indicated that a quantitative automated PSMA-score may assess treatment response in bone, which is not feasible with conventional imaging.1 This presentation was chosen as a top-rated oral presentation within the scientific program at EANM.

In a poster presentation, the Company shared the results from an evaluation of the volumetric expression of PSMA in prostate tumor in PET/CT against MRI PIRAD-Index 4 and 5, in patients who underwent radical prostatectomy. The volumetric expression of PSMA was quantified into an automated PSMA score, which PSMA score was calculated using the PROMISE criteria. The automated PSMA score was observed to be significantly lower in patients with PIRAD score-4 (Median=21.40; 95% CI 10.76 - 40.65), compared to that observed in PIRAD score-5 (Median=37.00; 95% CI 24.68 - 56.05), p=0.014.2

In a second poster presentation, the Company highlighted the results from a study evaluating a novel methodology for adaptive lesion segmentation in PSMA PET/CT that employs a threshold based on a decreasing percentage of maximum Standard Uptake Value (SUVmax), with the percentage dependent on SUVmax and blood-pool uptake of PSMA PET/CT imaging. The study concluded that the adaptive threshold can be applied to improve reproducibility and robustness when quantifying tumor burden in PSMA PET/CT images. The proposed adaptive thresholding for automatic lesion segmentation demonstrated significantly more accurate segmentations than the conventional method, achieving an improved precision for all lesion types and a similar recall, as compared to the conventional method.3

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About PYLARIFY AIPYLARIFY AI employs deep learning algorithms that allow healthcare professionals and researchers to perform standardized quantitative assessment of PSMA PET/CT images in prostate cancer. Through rigorous analytical and clinical studies, PYLARIFY AI has demonstrated improved consistency, accuracy and efficiency in quantitative assessment of PSMA PET/CT. An FDA-cleared medical device software, PYLARIFY AI is commercially available in the United States.

PYLARIFY AI Indications for UsePYLARIFY AI is intended to be used by healthcare professionals and researchers for acceptance, transfer, storage, image display, manipulation, quantification and reporting of digital medical images. The system is intended to be used with images acquired using nuclear medicine imaging using PSMA PET/CT. The device provides general picture Archiving and Communications System (PACS) tools as well as a clinical application for oncology including marking of regions of interest and quantitative analysis.

PYLARIFY AI Warnings and PrecautionsThe user must ensure that the patients name, ID, and study date displayed in the patient section correspond to the patient case. The user must ensure the review of the image quality and quantification analysis results before signing the report. User must review the images and quantification results in the report to ensure that the information saved and exported is correct. The quantification analysis results provided by PYLARIFY AI are intended to be used as complementary information together with other patient information. The user shall not rely solely on the information provided by PYLARIFY AI for diagnostic or treatment decisions. Quantitative indexes (aPSMA Score) are only appropriate for PSMA PET/CT images. User should not select hotspots for studies with images that do not fulfill the Quality Control requirements. In such cases, user can create and sign a report indicating that the review cannot be done due to image quality deficiencies.

AboutLantheus With more than 60 years of experience in delivering life-changing science, Lantheus is committed to improving patient outcomes through diagnostics, radiotherapeutics and artificial intelligence solutions that enable clinicians to Find, Fight and Follow disease. Lantheus is headquartered in Massachusetts and has offices in New Jersey, Canada and Sweden. For more information, visit http://www.lantheus.com.

Safe Harbor for Forward-Looking and Cautionary StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are subject to risks and uncertainties and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by their use of terms such as can, continue, may, potential and other similar terms. Such forward-looking statements are based upon current plans, estimates and expectations that are subject to risks and uncertainties that could cause actual results to materially differ from those described in the forward-looking statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Risks and uncertainties that could cause our actual results to materially differ from those described in the forward-looking statements include (i) our ability to successfully launch PYLARIFY AI as a commercial product; (ii) the market receptivity to PYLARIFY AI as a new digital application for quantitative assessment of PSMA PET/CT images in prostate cancer; (iii) the intellectual property protection of PYLARIFY AI; (iv) interruptions or performance problems associated with our digital application, including a service outage; (v) a network or data security incident that allows unauthorized access to our network or data or our customers data; and (vi) the risks and uncertainties discussed in our filings with the Securities and Exchange Commission (including those described in the Risk Factors section in our Annual Reports on Form 10-K and our Quarterly Reports on Form 10-Q).

1Anand A, et.al. PROMISE-criteria inspired quantitative response in PSMA PET to androgen deprivation in patients with treatment nave castration sensitive prostate cancer. 35th Annual Congress of the European Association of Nuclear Medicine Scientific Program, OP-060, p. 34 (Eur J Nucl Med Mol Imaging (2022) 49 (Suppl 1): S495).2Wang W. et.al. Evaluation of PROMISE criteria inspired intraprostatic PSMA-score against PIRAD-Index in patients undergoing radical prostatectomy. Eur J Nucl Med Mol Imaging (2022) 49 (Suppl 1): S489.3Brynolfsson J, et.al. A Novel Adaptive Approach to Automatic Segmentation of PSMA-positive Lesions in Positron Emission Tomography (PET) of Prostate Cancer. Eur J Nucl Med Mol Imaging (2022) 49 (Suppl 1): S596.

Contacts:Mark KinarneyVice President, Investor Relations978-671-8842ir@lantheus.com

Melissa Downs Senior Director, Corporate Communications646-975-2533media@lantheus.com

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Lantheus Presentations at the European Association of Nuclear Medicine Annual Meeting Showcased Artificial Intelligence Data - Yahoo Finance