PropTech Insights – week 9, 2017

Our goal is ‘reinventing the future of property’. To support that goal, we share! We have made a selection from various (Dutch and English) news sources, which we find it worthwhile to share this with you. Have fun reading! And sharing = caring..

Dubai Plans a Taxi That Skips the Driver, and the Roads

Like a scene from “ The Jetsons” commuters in Dubai, in the United Arab Emirates, may soon climb aboard automated flying taxis, soaring over busy streets and past the desert city’s gleaming skyscrapers, all — quite literally — at the push of a button. Passenger drones, capable of carrying a single rider and a small suitcase, will begin buzzing above the emirate as early as July, according to the director of the city’s transportation authority, part of an ambitious plan to increase driverless technology. [Read more]

Five technologies that will change how we live

Innovations range from gene editing to smart lightbulbs. Since the early 2000s, the cost of sequencing a human genome — determining the precise order of nucleotides within DNA molecules that defines who we are — has dropped sharply. A genome that cost $100m to sequence in 2001 can today be sequenced for roughly $1,000. [Read more]

PropTech startup Realyse closes £500,000 Seed

PropTech startup Realyse has announced the closure of a £500,000 Seed funding round. The round was led by Rajiv Nathwani, who runs property specialist private finance company Quivira Capital Ltd. Realyse also drew support from investors including Round Hill Capital, PiLabs and Anthemis Group. [Read more]

Singapore: The robot city

The “fourth industrial revolution”, an era of unprecedented automation and connectivity, could reshape the urban environment and have profound impacts on society at large. This is one vision of the near future. Chain bars gradually filling up with a Tuesday night post-work crowd. Travelators idling outside the Subway and Starbucks that click on when you approach, ready to carry you from the ‘foodcentre’ to the ‘fitness zone’. [Read more]

The Cities of the Future Are Smart, Green, Connected Innovation Hubs

Humanity has come a long way since the very first cities began to emerge about ten thousand years ago. Today, places like New York, Tokyo and Dubai are centers of innovation and human progress. Urban projects globally are pushing the limits ofengineering,design and architecture. Exponential technologies are being integrated into the very skeleton of human civilization. Above all, we are seeing an emergence of futuristic societies with an inspiring vision for humanity. [Read more]

The Walkthrough Will Not Be Replaced, Just Augmented

Anyone who has ever bought a property knows how important the walkthrough process is. Pictures do a horrible job of conveying space. Blueprints show layouts from a top down angle that is not relatable to most. What buyers really want is to understand what it’s like to be standing in the space. For prospective purchasers from out of town, virtual reality is becoming a way to digitize the walkthrough process. This trend has been underway for a while with ultra-luxury homes due to their bulky broker commissions and high likelihood of out-of-town or busy buyers. [Read more]

Reinforcement Learning. By experimenting, computers are figuring out how to do things that no programmer could teach them

Inside a simple computer simulation, a group of self-driving cars are performing a crazy-looking maneuver on a four-lane virtual highway. Half are trying to move from the right-hand lanes just as the other half try to merge from the left. It seems like just the sort of tricky thing that might flummox a robot vehicle, but they manage it with precision. [Read more]