The new rage is ChatGPT, a free research project by OpenAI.com.
Microsoft is making a huge investment in the technology.
Are you unfamiliar? Ask a question or make a request and the app spits out a string of text that some (ahem) would consider column-worthy. What is in fact column-worthy is the potential impact machine learning can have on our industry and the ways in which agents will use it.
Let’s face it, for content creators, this can be a game changer. As an example, I asked ChatGPT to write five tweets on the state of the industrial market in Orange County. Fifteen seconds later – here’s what I got:
1. Orange County’s industrial market sees strong demand with low vacancy rates and rising rental prices. #industrialrealestate #OrangeCounty
2. E-commerce growth drives demand for industrial space in Orange County, leading to new developments and expansions. #ecommerce #OrangeCounty
3. Orange County’s transportation infrastructure, skilled workforce, and proximity to LA make it a prime location for industrial companies. #OrangeCounty
4. Orange County’s industrial market continues to attract investors and companies looking for a strategic West Coast presence. #investment #OrangeCounty
5. Orange County’s industrial sector sees a surge in creative office conversions, appealing to tech and creative companies. #creativeofficespace #OrangeCounty
Next, I asked Chat to opine on the effect of Assembly Bill 2011 on housing. The resulting stream looked like this:
“AB 2011 is a California state bill (Assembly Bill 2011) that went into effect on January 1, 2022 and aims to increase housing affordability by providing funding for affordable housing projects through the creation of a new tax credit program. The bill’s impact on housing is to increase the availability of affordable housing units by providing incentives for developers to build and preserve affordable housing. This is expected to address the state’s housing affordability crisis and help…
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