The AI Impact Timeline: What to Expect
The impact of AI on Appraisers of Personal and Business Property will unfold gradually. By 2029, an estimated 45% of their tasks are expected to be automated. This transformation will begin with more routine valuations.
The early wave of AI impact, starting around 2026, will primarily affect junior appraisers handling straightforward equipment valuations and standard inventory assessments. These roles will experience moderate automation.
As AI technology advances through the mid-to-late stages, the valuation of diverse asset categories like industrial machinery, fine art, antiques, and complex business equipment will see increasing AI integration, though expert human oversight will remain critical.