This AI Tool Helps You Predict the Next Real Estate Boom
Open Buildings 2.5 D
Today’s Insights
Tech & business news
AI tool predicting real estate boom
3 tools to boost your productivity
Growth hacks of the day
Tech & business news
🌱 Intel’s CEO Pat Gelsinger is ousted by the board after a disastrous performance. Intel the chipmaker is struggling to embrace AI, with its shares plunging 52% in the past year alone.
🤺 Character AI confirms that it is permanently deleting some fan-favorite chatbots — including Harry Potter, and Game of Thrones— due to copyright concerns.
🌊 Meta is planning to build a $10B subsea cable (40,000 km long underwater cable) spanning the world.
AI tool predicting real estate boom
Today, Google Maps has become a necessity of daily work life. We use maps to navigate offices, roads, traffic, hospitals, shortcuts, etc. But this new Google AI tool leaps forward and enters into the tech/business world.
This AI tool helps you select any area on the map of the world and instantly reveals the number of buildings and estimates their height over time.
Which in turn helps you predict many amazing things. So, let’s deep dive into understanding how this tool works.
What is ‘Open Buildings 2.5 D’
The initial release of this tool, which was developed by Google, occurred on 17 October 2023.
The tool is designed to identify and map buildings in 2D using satellite imagery and AI models. The aim was to improve urban planning and help provide disaster response by giving accurate building footprints in areas where data is not available.
How does ‘Open Buildings 2.5 D’ actually work
As explained above, this tool creates a map for an audience with the help of satellite images and AI algorithms. The amazing thing is in their map they not only show where things are but also highlight how tall buildings and places are.
For example — If you search for New York City on Open Buildings 2.5 D, this tool will help you see data on NYC which will tell you:
Total number of buildings in that specific area
How tall buildings are (grown in the past few months)
Which areas might be ready for new construction, and much more
Now understanding the pattern, one can predict areas where several buildings and their heights are increasing rapidly.
Open Buildings 2.5 D use case in today’s world
Now this AI tool also covers a massive 32 million+ square kilometers across Africa, Latin America, and Asia
Basically, with the help of satellites, this Google tool leverages images to provide unprecedented insights into urban growth patterns. Which ultimately helps find patterns of rapid urban growth before they hit the mainstream radar.
And figure out where the next big infrastructure projects will move.
With this tool, one can easily find under-developed areas in many African and Asia countries, where even basic electricity facilities are not available.
One can also pinpoint war zone areas, and understand situations more closely like in Palestine.
3 Tools to boost your productivity
✅Lovable: A full-stack engineer transforms your idea into an app in seconds.
✅Buildship: Automate complex business tasks by helping you build powerful APIs, backend tasks, and much more.
✅Koncile: Help you transform messy contracts and reports, turn all your documents into actionable insights
Growth hacks of the day
🌱 The Telegraph Reddit traffic growth strategy
🌱 Growth in reverse: 6 ways to turn more viewers into subscribers
🌱 The Wall Street Journal launches a limited email series: 8 Epic Startup Failures.
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