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CAREERTIP: Construction Professionals should start treating AI like a new colleague

Artificial intelligence (AI) isn’t going away and construction professionals need to embrace it and start working with it as if it were a new colleague. Across all industries, including construction, the adoption of AI is rapidly gaining momentum. This is because technology has finally advanced to the point where it can handle the complex and unstructured data involved in construction projects. Experts predict that AI will continue to develop into what they call "composite AI." Construction professionals, however, have some concerns about adopting AI. These concerns include: Regulatory Framework: Construction professionals must ensure that they comply with all applicable laws and regulations. They must also protect themselves, as AI can be programmed with specific guidelines to produce desired outputs. Ethics : There are important legal and ethical issues to consider when using AI. For example, who is liable if something goes wrong? Who is responsible if a disaster occurs as

NEWS: The construction sector is well poised for illicit activities.

A recent government report in Kenya disclosed a startling statistic, indicating that more than half of the private companies documented for money laundering activities are connected to the construction sector. This report has garnered significant attention and highlights the prevalence of irregular activities in this industry, which is characterized by the intensive use of cash.


The construction industry is booming in Kenya, having contributed 7.1 percent of the GDP in 2022. However, this growth has made it a prime target for illicit activities, such as money laundering, which has placed Kenya on the grey list of the Financial Action Task Force (FATF), an international anti-money laundering watchdog.

This grey-listing indicates that Kenya is not effectively implementing FATF's standards to combat money laundering and terrorist financing, including maintaining an efficient register of beneficial ownership. Analysts warn that this could damage the reputation of Kenya's financial system, leading to capital flight as investors lose confidence and withdraw their funds.

Due to the inherent characteristics of the construction sector, it is susceptible to various illicit activities that can have significant negative consequences for the country's economic prospects.


The full hardhatNEWS article was published on The Eastern Africa

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