The buzzwords “AI” and “automation” are being tossed around a lot these days, often used interchangeably.
But while both play major roles in streamlining work, they’re not actually the same thing. Understanding the difference can help you choose the right tech for your property management business.
What is AI?
AI, or artificial intelligence, is technology that mimics human intelligence.
AI enables machines to perform complex tasks that traditionally only people could do, like analyze data, predict trends, or recognize patterns in images.
The buzz around AI stems from its capacity to learn and then adapt based on outcomes, allowing it to make decisions and generate solutions on its own without a person programming every single action.
AI has a growing presence in property management. Common uses include:
- Writing rental listing descriptions
- Drafting routine communication (e.g. payment reminders)
- Calculating a client’s potential ROI
What is automation?
Automation also refers to technology that performs tasks without needing constant human input, but unlike AI, it doesn’t "think" – it only follows instructions. It’s best for repetitive work, like paying bills or scheduling social media posts in advance.
Property management platforms like PayProp, for example, automate everything from rent collection and reconciliation to payment reminders to maintenance tickets, reducing human error and freeing up property managers’ time so they can focus on greater business decisions.
The key difference
To put it simply: AI replicates, automation executes.
They both lighten workloads and empower people to work more efficiently. When combined, they make a powerful duo – but they’re not a substitute for the human touch.
After all, property management is about people, and no technology can replace the relationships you build with your landlords, tenants, and team.