Immercial Limited AI Policy – Updated 03.11.2023

Introduction: Immercial Limited acknowledges the transformative potential of Artificial Intelligence (AI) in the field of quantity surveying. We are committed to conducting our AI development efforts responsibly and ethically, and we understand the influence we hold in shaping the future of the quantity surveying profession.

Principles: Our AI policy is guided by the following core principles:

  1. Ethical Responsibility: Immercial Limited is dedicated to developing AI technology that aligns with our values and the needs of our stakeholders. We will not engage in AI projects that could harm individuals, communities, or the environment.
  2. Transparency: We will be transparent about the use of AI in our business operations, providing clear explanations when asked about how our AI systems work and the potential benefits and impacts they bring to quantity surveying.
  3. Fairness: Immercial Limited is committed to ensuring our AI systems do not discriminate against individuals or groups based on characteristics such as race, gender, age, or socio-economic status.
  4. Continuous Learning: We recognize that AI technology is evolving rapidly and will invest in research and development to ensure our AI systems remain up to date.

AI Engine Foundation and Regulatory Compliance: Immercial Limited’s AI engine is built upon a foundation of AI technologies developed by others. We will make reasonable attempts to ensure that these technologies adhere to the highest ethical and regulatory standards. However, the AI field is progressing rapidly, and while we will make every reasonable effort to keep our AI systems up to date with the latest regulations, we acknowledge the need for community support and feedback in this endeavour.

Expertise Disclaimer:

Immercial Limited wishes to emphasize that we are not experts in AI or quantity surveying technology. We are dedicated to ethical and responsible AI development; however, our expertise is in a state of growth and adaptation. We recognize that the intricacies of AI and quantity surveying require specialized knowledge and experience that we are actively working to better understand and acquire.

Considerations for Other Quantity Surveyors:

Immercial Limited is dedicated to advancing the roles of all quantity surveyors across the industry. We firmly believe that our AI-powered products and services will not only benefit apprentice, graduate, and assistant quantity surveyors but also enhance the capabilities and contributions of other experienced professionals. Here’s how we envision this enhancement:

  1. Augmenting Expertise: Our AI systems will serve as valuable tools that augment the expertise of seasoned quantity surveyors. By automating routine and time-consuming tasks, they will free up more time for experienced professionals to focus on complex analyses, strategic decision-making, and critical problem-solving.
  2. Efficiency and Accuracy: Immercial Limited’s AI technologies are designed to streamline processes and improve the accuracy of quantity surveying tasks. This, in turn, will enable quantity surveyors to deliver more precise and efficient results, increasing their effectiveness in project management and cost estimation.
  3. Collaboration and Knowledge Sharing: Immercial Limited believes that AI can foster a spirit of collaboration and knowledge sharing within the quantity surveying community. By encouraging communication and coordination throughout the supply chain, experienced quantity surveyors will be better positioned to collaborate effectively with other stakeholders.
  4. Peer Review and Accreditation: We are dedicated to the establishment of a community where individual reputations are paramount. Experienced quantity surveyors can benefit from peer reviews, recommendations, and ethical accreditations, reinforcing their standing within the industry.

Immercial Limited’s vision is not limited to only supporting those at the beginning of their careers but extends to enhancing the roles and contributions of experienced quantity surveyors as well. We believe that by integrating AI responsibly into quantity surveying, we can elevate the entire profession, making processes more efficient and fostering a community that values and recognizes the expertise and integrity of its members.

Advancing Open Source Quantity Surveying: Immercial Limited aspires to create an open-source quantity surveying community, where every quantity surveyor in the UK and beyond can collaborate to build a network and league of quantity surveyors based on individual reputations. The accreditation among peers will be facilitated by WEB3 technology. This vision includes:

  1. Collaboration with quantity surveyors in the UK and globally.
  2. Leveraging WEB3 technology to create a decentralized, transparent, and secure accreditation platform.
  3. Facilitating ethical reviews and recommendations to vouch for professionals’ conduct and expertise.
  4. Continuous improvement and adaptation to evolving community needs.

Immercial Limited aims to play a role in the development of this open-source quantity surveying community. As a small business, we recognize that our capabilities may be limited, and we rely on the support and feedback of the quantity surveying community to help us keep our AI systems compliant with evolving regulations and ethical standards.