Spotlight Series / Ep.14 / Tom Haley from Quantik - The Transformative Power of AI in Quantity Surveying

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In this weeks episode of our new spotlight series we sat with Tom Haley - Director & Founder of Quantik, and RICS Accredited Quantum Expert Witness.

We spoke about:

1️⃣ Leveraging AI in large vs small businesses

2️⃣ The autonomy of quantity surveying start-up firms and the opportunity to make a difference.

3️⃣ AI’s impact on quantity surveyors and the focus on value-add

4️⃣ How to stay relevant in a modernising industry

5️⃣ How QS’s are slowly becoming project managers

Tom discusses his motivation for establishing his own firm, Quantik, after working in large corporations. He highlights the limitations of making a difference and changing the future of the profession within a large organisation. Tom believes that quantity surveying can be done differently, which motivated him to start his own firm. He also discusses the impact of AI on the industry and how it can transform the role of quantity surveyors. Tom emphasises the importance of understanding AI, data science principles, and data security as key skills for quantity surveyors in the future. He addresses concerns about job displacement and sees AI as an opportunity to improve efficiency and elevate the role of quantity surveyors.
Takeaways

• Working in large corporations provides valuable experience and opportunities, but there are limitations in making a significant impact and changing the future of the profession.
• Establishing one's own firm allows for the exploration of different ways of doing quantity surveying and the opportunity to make a difference.
• AI has the potential to transform the industry and reshape the role of quantity surveyors by improving efficiency and allowing them to focus on value-added tasks.
• To stay relevant in the industry, quantity surveyors will need to develop skills in understanding AI, data science principles, and data security.
• Job displacement is a constant concern with technological advancements, but AI presents opportunities for individuals to differentiate themselves and provide valuable expertise.
• The role of quantity surveyors is evolving, and they are becoming more involved in project management and providing advisory services.

Chapters
00:00 Career Trajectory and Motivation for Establishing Quantik
06:36 The Impact of AI on the Construction Industry
21:07 Skills for the Future: Understanding AI, Data Science, and Data Security
25:52 Addressing Concerns: Job Displacement and the Role of Quantity Surveyors
Guest Speaker Profile (Tom Haley):

Linkedin: https://www.linkedin.com/in/tom-haley-frics-fciarb/

Website: https://www.quantik.co.uk/
Keywords
career trajectory, large corporations, establishing own firm, limitations, making a difference, changing the future, quantity surveying, AI, industry transformation, role reshaping, skills, data science principles, data security, job displacement, opportunity, efficiency, elevate role

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