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Regulation of AI Technologies in the Construction Industry

Author

Listed:
  • Vishnu Sivarudran Pillai

    (Chief Economist for Asia Pacific, NATIXIS, Department of Public Policy, The Hong Kong University of Science and Technology)

  • Kira Matus

    (Associate Professor for the Division of Social Science, Associate Professor for Division of Public Policy, Department of Economics & Institute for Emerging Market Studies, the Hong Kong University of Science and Technology)

Abstract

The development of Artificial Intelligence (AI) -based technologies for the construction industry, though not as advanced as in some areas, is progressing. The degree of automation in construction is anticipated to eventually lead to humanoid robots and autonomous back loaders or cranes operating at construction sites. The prospect of a highly automated construction industry is a medium-term future prospect. Hence it is imperative to proactively understand the regulatory gaps, to support policy interventions to mitigate potential risks. Regulation of futuristic technologies like AI is challenging in sectors where there is a lack of adequate tacit and applied knowledge. AI regulation is complicated by the massiveness of the construction industry, characterized by a broad spectrum of actors and activities. We propose a framework to understand the AI inclusion in the construction industry and identification of risks and regulatory gaps by considering the diverse stakeholders and their risk perception.

Suggested Citation

  • Vishnu Sivarudran Pillai & Kira Matus, 2019. "Regulation of AI Technologies in the Construction Industry," HKUST IEMS Working Paper Series 2019-65, HKUST Institute for Emerging Market Studies, revised May 2019.
  • Handle: RePEc:hku:wpaper:201965
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    References listed on IDEAS

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    More about this item

    Keywords

    Artificial Intelligence; Construction; Regulation; Risks; Risk Tolerance;
    All these keywords.

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