Treat AI Like Your Intern | Matthew Smith, RealNex | Stories from the CCIM Forum

Matthew Smith, VP at RealNex, has spent about 15 years in commercial real estate technology at a company whose roots go back to the 1980s, before the internet. At the CCIM Fall Forum in Los Angeles, he sat down with Chris Peterson of WealthBuilder 1031 to talk about RealNex as a commercial real estate tech stack in a box (prospecting, valuation, marketing and closing in one place), how the industry's move to the cloud is now repeating itself with AI, what brokers really ask about AI (starting with "Is it okay for me to use it?"), why the best way to use AI is to treat it like your intern, and why you should never let that intern near your financials, rent rolls or T12s. Chapters 0:00 Intro 0:05 Meet Matthew Smith 0:16 A CRE tech stack in a box 0:37 15 years in CRE technology 0:55 From the cloud to AI 1:26 What brokers ask about AI 2:18 Treat AI like your intern 2:51 Keep AI away from the financials Stories from the CCIM Forum is a WealthBuilder 1031 series featuring the commercial real estate professionals behind the deals. Learn more about 1031 exchanges: https://wealthbuilder1031.com