Sustainable Real Estate due to IT

8

October

2020

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Many of us wouldn’t think of buildings as one of the major polluters of our world. Buildings and construction together account for 39% of energy-related carbon dioxide (CO2) emissions (UN Environment 2017). In this number also the energy used for the production of these buildings is taken into account. Besides the significant part that the real-estate industry plays in the worldwide emission of CO2, it is also an attractive industry to invest in. What makes real-estate way more interesting than other sustainability projects is the return on investments compared to windmills or solar panel projects (TEDx 2016).

In this post I would like to address how the Dutch company OVG Real Estate managed to make the most sustainable office building in the world in 2016. To achieve this, not only the most sustainable materials and products must be used in the construction of the building, also a new type of innovation must be implemented. This is a must in order to achieve the title ‘most sustainable building’ according to the measurement system used. OVG Real Estate chose to adopt the technology from Philips, which is Power-over-Ethernet (PoE) (Philips 2020). PoE is the combination of a power cable and ethernet cable in one. This allows data to be sent over a power cable. So besides powering the lights in the office, also data can be collected with sensors and sent to a central computer that analyses it.

This information technology has quite some properties that can be useful in making a building more sustainable. This allows Internet-of-Things (IoT) to be used throughout the whole building and this can offer endless possibilities. For instance, people can be tracked and therefore the building knows exactly where people are and what places have been used the most. This information can be used by cleaning companies, who use a heatmap to see where most of the cleaning must be done (Tedx 2016). Tracking people in the building will also make sure that air flows and warmth will be distributed to the correct places in the building, increasing the air quality and the energy efficiency. Also people can see on their phones where the empty workspaces are, decreasing the problem of empty desks in offices (Tedx 2016). Traditionally all employees would have their own desk, however the current trend is that companies have flexible offices. With the use of IoT, the distribution of these workspaces can be done efficiently. For instance, sensors can measure which desks are being used. Because of this, less workspaces need to be created, which will result in less energy that is lost due to heating and lighting of empty rooms. This technology almost transforms an office building into a service. Where each employee can use the building in the way they prefer by planning their office day in advance. All these properties have contributed to the sustainability score of the building. OVG Real Estate accomplished their mission in making the most sustainable building due to the use of information. These types of ‘smart’ buildings will definitely be something of the future. However it also raises questions of privacy. Do you think the advantages it has on sustainability and efficiency will outweigh the privacy concerns?

Philips 2020, Connected Office Lighting, viewed 8 October 2020,  <https://www.lighting.philips.nl/systemen/connected-lighting/connected-office-lighting>

TEDx 2016, Smart cities: How technology will change our buildings | Coen van Oostrom | TEDxBerlin, viewed 7 October 2020, <https://www.youtube.com/watch?v=hT4ZsaZsEgc>

UN Environment 2017, Global Status Report 2017: Towards a zero-emission, efficient, and resilient buildings and construction sector, United Nations Environment, viewed on 7 October 2020 <https://www.worldgbc.org/sites/default/files/UNEP%20188_GABC_en%20%28web%29.pdf>

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The Fear of Artificial Intelligence

2

October

2020

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Many people have worries about the rapid evolution of technological innovations, such as Artificial Intelligence, Robotics or Internet of Things. The anxiety about the influence these technological innovations might have on the future lives of humans consists of a wide spectrum. Some might worry about losing their job to an AI in the future. Others have concerns about the constant data collection by devices and fear that their fate will lie in the hands of a computer. These concerns might feel as something only our generation is dealing with, however nothing could be further from the truth. Each moment in time has their own anxiety about new technological innovations (Financial Times, 2016). It is not in question if these technological innovations will develop to an extent in which these situations are possible. The important question is how humans, businesses, and governments will deal with it.

The leading concern people have is that their job will cease to exist in the future due to AI. In the previous wave of automation, people with jobs in manufacturing have lost their profession to the automation of processes by robots (Forbes 2019). However the major difference between AI and robotics is that robots have the ability to replace physical work done by humans, AI on the other hand, will be able to replace cognitive work done by humans (Harari 2018). Does this mean we should all have concerns about the future of our job? The previous waves of industrial revolutions suggest that with new types of technologies also new business models and new jobs arise. “If you went back in time 20 or 30 years and told someone that they would work as a social media marketer they would have no idea what you were talking about.” (Forbes 2019). A whole new category of jobs will be created, but we have no clue what these jobs will be. We should trust the ability of humankind to evolve with these new types of technologies and apply them in a way that increases the collective value for all people.

References

Financial Times 2016, Technophobia is so last century: fears of robots, AI and drones are not new, Financial Times, viewed 1 october 2020, <https://www-ft-com.eur.idm.oclc.org/content/a9ec6360-cf80-11e5-92a1-c5e23ef99c77>

Forbes 2019, Should We Be Afraid of AI?, Forbes, viewed 1 october 2020, 

<https://www.forbes.com/sites/cognitiveworld/2019/10/31/should-we-be-afraid-of-ai/>

Forbes 2019, Is AI A Job Killer Or Job Creator?, Forbes, viewed 2 october 2020, 

<https://www.forbes.com/sites/cognitiveworld/2019/11/24/is-ai-a-job-killer-or-job-creator/

Harari 2018, 21 lessons for the 21st century, viewed 10 september 2020

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