Thursday, April 18, 2024 | 8:30–9:15 a.m.
The Disruptive Impact of Generative AI on the AEC Industry: Exploring the Potential & Challenges
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Thursday, April 18, 2024 | 8:30–9:15 a.m.
Speaker
Kumar Parakala
President
GHD Digital
Kumar is a business leader and technology entrepreneur who has spent more than two decades building and serving high-growth businesses across the technology and consulting industries. He is currently the President of GHD Digital, where he serves GHD’s 11,000 people and its clients.
Kumar was instrumental in leading the global technology advisory practice for KPMG, where he held executive leadership and managing partner roles from 2000–2015. He has also served as a trusted advisor and non-executive director to boards and CEOs for more than 500 board briefings. He is a respected thought leader whose work has been published in top media outlets such as Forbes, Wall Street Journal and Financial Times.
In his spare time, Kumar indulges his passion for jazz music, demonstrating his creative flair and unique approach to both life and leadership.
Kumar Parakala
President
GHD Digital
Podcasts:
AI’s Power to Radically Transform
With GHD Digital’s Kumar Parakala
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ABOUT THE SESSION
The AEC industry is on the cusp of significant change, driven by the disruptive wave of technological advancements. Among these, generative AI stands out as a game-changer. This cutting-edge technology not only promises to revolutionize design, construction and operations — it also offers unparalleled efficiency, creativity and sustainability.
Artificial intelligence opens up new possibilities for innovation, optimizing resource allocation and streamlining decision-making. However, as we embrace this disruptive force, we must also address the challenges that come with it. Ethical considerations, risk, privacy concerns and the impact on the workforce are complex issues that demand our attention. We must approach the integration of generative AI responsibly and inclusively.
By unveiling its potential and tackling the challenges head-on, we can forge a future where AI-driven innovation revolutionizes how we create and shape critical infrastructure for a sustainable future.
Kumar explored the transformative power of generative AI in the AEC industry, unraveling its immense potential and the challenges that lie ahead.
