CHICAGO -Cushman & Wakefield (NYSE: CWK) announced today that the commercial real estate services firm will participate in theMIT Working Group on Generative AI and the Work of the Future. This initiative, led by theMassachusetts Institute of Technology (MIT), aims to explore the implications of generative AI on the future of work.
Generative AI tools have sparked widespread interest and debate regarding their potential to revolutionize various industries, from technology to customer service.
'As a company committed to innovation and advancing our industry, we recognize the importance of understanding and harnessing the potential of generative AI,' said
The working group, comprised of 25 companies and nonprofits alongside
Over the next two years, the working group will conduct research on early use cases of generative AI at leading companies worldwide, focusing on understanding how these technologies are used, ensuring responsible usage and examining workforce adaptation, with
Additionally, the group will host virtual quarterly meetings and in-person summits to facilitate knowledge sharing among members, highlighting progress, challenges and best practices in utilizing generative AI tools.
Lastly, based on the group's research findings and feedback, the working group will develop training resources for organizations working to prepare or retrain workers as they integrate generative AI tools into their teams.
Google.org is funding the working group's research through its
About
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of$9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.
Contact:
Michael.Boonshoft@cushwake.com
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