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AI

Artificial Intelligence, or AI, is like a super-smart computer that can think and learn to do things humans usually do, like solving problems, understanding patterns, or making decisions. In Jamaica’s real estate world, AI helps make buying or selling a home easier and faster. For example, it can figure out how much a house is worth by looking at lots of information, like past sales and neighborhood details. AI can also create cool virtual tours where you can walk through a house on your phone or computer without even being there. This helps people from other countries explore homes in Jamaica, which is great for businesses like hotels and vacation rentals.

Around the world, AI is used for all kinds of things, like helping people find the perfect home by learning what they like, or even reminding property managers when repairs need to be done. In Jamaica, AI is starting to pop up in other areas too, like schools and hospitals, making life more convenient. But there are challenges, like making sure everyone can access this technology and keeping personal information safe. Even with these challenges, AI is changing the way people buy homes and live, making the process smoother, smarter, and more exciting everywhere, including right here in Jamaica.

References:
Russell, S. & Norvig, P. (2021). Artificial Intelligence: A Modern Approach.
Marr, B. (2020). Artificial Intelligence in Practice.
Goodfellow, I., Bengio, Y., & Courville, A. (2016). Deep Learning.
Jamaica Information Service (2023). Reports on Technology Adoption in Jamaica.
World Economic Forum (2022). The Future of AI in Emerging Markets.