A RICS consultation on how it will guide surveyors to ‘responsibly use’ AI when completing residential surveys has been revealed by its tech boss Andrew Knight (pictured).

To help formulate the future standards, RICS is running the consultation process that will run until 29 April 2025 and is urging both its members and industry stakeholders to have their say.

Artificial intelligence or AI, RICS says, is transforming the way members approach their work and creating opportunities to improve efficiency and sustainability.

Safeguards required

And, it adds, it is increasingly being used, sometimes unknowingly, in professional decision-making. However, as it has the potential to replace human judgement in certain areas, safeguards are necessary to ensure that RICS professionals remain in control of their work and that the technology is used responsibly.

RICS’ proposed standards will help its members understand how to communicate AI’s role in their work, assess the reliability of AI-generated outputs, and ensure compliance with privacy and confidentiality obligations. It will also address governance, risk management, procurement, and due diligence when implementing AI-driven tools.

As artificial intelligence becomes increasingly integral to our industry, it is our job to help harness its potential”.

Knight, comments: “As artificial intelligence becomes increasingly integral to our industry, it is our job to help harness its potential.

“This new proposed standard highlights our commitment to guiding members in navigating the ethical, legal, and practical challenges posed by AI, ensuring that technology serves the best interests of clients, the public, and the environment”.

To participate in the consultation, click here and to read more about AI in the property sector click here.