In “How Generative AI Can Help Fight Construction Fraud” (Construction Executive, 19 August 2024), Christopher Ward writes about the benefits of using generative AI for fraud detection and prevention in construction, including improving fraud detection and prevention accuracy and efficiency, enhancing fraud detection and prevention learning, and increasing fraud detection and prevention communication and collaboration. He also explains the challenges facing the adoption of this new technology — including the quality and availability of data, and model validity and reliability—and how viewing generative AI as a strategic tool and a value driver for fraud detection and prevention activities can be helpful in ensuring organizations adopt and implement it successfully.
Read Christopher’s article in Construction Executive.
