In this conversation, Raj Singh, Managing Partner of JLL Spark Global Ventures, discusses how AI is transforming commercial real estate. He provides insights into the state of technology adoption in the industry and the rapid evolution of AI. Raj highlights the excitement and fear surrounding AI and emphasizes the importance of data for AI implementation. He also discusses JLL's transition to a tech-enabled service provider and the challenges and advantages of technology adoption. Additionally, Raj mentions the rise of European startups and their focus on sustainability and regulation.

Takeaways:
- AI is rapidly evolving and has the potential to transform the commercial real estate industry.
- The speed of AI adoption is a key factor in gaining a competitive edge.
There is both excitement and fear surrounding AI, with concerns about employment impact and ethical considerations.
- JLL is transitioning to a tech-enabled service provider and recognizes the importance of technology adoption in the industry.
- European startups are capitalizing on trends in sustainability and regulation to drive success.