What Impact Could the New GPT-4.o Have on Real Estate and Economy?

Artificial intelligence has been used actively in almost every field in recent years, showing that it will have a positive impact on business processes. Chat GPT plugin “Omni”, which was developed by OpenAI and attracted attention after its release, signaled that it will expand its usage area with its abilities to understand text, summarize, translate and perform many other language-based tasks. Known as GPT-4o, this fourth version of the GPT family has increased its versatility and potential to blend into different sectors. So, what do these developments in artificial intelligence mean for the fields of real estate and economy?

How Is GPT-4.o Different From Other Versions?

GPT-4.o is an artificial intelligence model that differs from previous GPT versions with its “omni”, that is, text, audio and video processing capabilities, and is much faster and has a higher accuracy rate. GPT-4.o, which can establish a natural dialogue with its users through real-time interaction, is extremely successful in overcoming language barriers thanks to its simultaneous translation feature. It also has the ability to distinguish intonation differences during speech and produce new suggestions based on different voice modulations.

GPT-4.o, which is expected to facilitate multilingual interaction and revolutionize global communication thanks to its support for a total of 50 languages, has a much higher data processing speed than other versions and is optimized for many different tasks. Therefore, it is much more compatible and useful for instant decision-making processes than before. Its user-friendly interface and other technical details also seem to increase the use of artificial intelligence technology. As a matter of fact, GPT 4.0 offers highly efficient functions that can be adapted to different business lines, from healthcare to the education sector and from marketing to the world of finance.

How Can Chat GPT-4o Be Used in Real Estate and Economy?

GPT-4o is preparing to make a remarkable difference, especially in the education sector, with its audio and video processing capabilities and advanced language skills. Features such as offering content suitable for individual learning styles, answering questions via video, and understanding student emotions from facial expressions are suitable for improving not only the educational experience but also performance in the business world. GPT 4.o, which can be used by brands and institutions in many areas from customer communication to market trend analysis, can be integrated into the economy and real estate sectors in the following ways:

• Creating property lists for real estate consultants in which property features are explained in detail and preparing videos that may attract buyer attention.

• Creating a high potential target audience for real estate companies and increasing referral returns by communicating with this audience

• Assisting real estate customers in urgent decision-making processes by answering their questions within seconds

• Increase brand awareness by creating brochures, social media profiles and website marketing materials

• Presenting key findings by summarizing financial news and reports, helping to understand complex financial processes

• Determining investment risk tolerances and providing goal-based investment recommendations, as well as providing verifiable real-time financial analysis on stocks, bonds and other assets.

• Creating forecasts based on analysis about factors such as future growth, inflation and interest rates, predicting economic trends

• Creating finance-focused educational materials and helping increase financial literacy

GPT-4o seems to play a major role in adapting to rapid changes and protecting against risks, thanks to its ability to process large data sets in a few seconds, make general analysis of real estate markets, determine the direction of economic trends and break down language barriers. This artificial intelligence, which is expected to provide numerous advantages to real estate consultants, especially in real estate investment decisions, can offer solutions that will enable you to grow your business in many areas, from access to multilingual markets to intercultural communication.

If you would like to learn what you can do to integrate this new artificial intelligence model, which is expected to transform global business processes, with Fizbot, one of the most powerful tools in the real estate field, you can get detailed information here.