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"AI told them the idea was great. They built the whole thing. It was wrong."
In this episode of Bricks, Bucks & Bytes, Owen, Martin and Dustin unpack why AI models are built to agree with you — and why that's genuinely dangerous in construction.
They also tear apart the claim that 96% of projects overrun on budget (spoiler: it's not a design problem), then sit down with Justin Levine, CEO of Shepherd Insurance, fresh off a $42M Series B, to talk about what it actually looks like to automate commercial insurance from the ground up.
Watch now to uncover:
AI sycophancy, MIT's "delusional spiraling" research, and the real-world construction risks
Why budget overrun stats might be measuring the wrong thing
Shepherd's vision for fully autonomous underwriting — and how they're already running at 5x industry capacity
The plan to price a commercial insurance submission in real time, during a live broker meeting
"By the time that meeting ends, we want that account to be fully priced and ready to go." — Justin Levine, CEO, Shepherd Insurance
Watch the full episode on Bricks, Bucks and Bytes YouTube Channel. Link in the comments.
#aec #construction #constructiontech #bricksbucksandbytes #bricksbytes #ai #insurance #vc
Chapters
00:00 Intro
01:00 Delusions Spiraling: The Impact of AI on Perception
24:42 Budget Overruns in the AEC Industry: A Deep Dive
29:53 The Role of Technology in Construction: Enhancing or Hindering?
30:09 Understanding Budget Overruns in Construction
32:51 The Role of A16Z in Construction Tech
36:09 Shepherd's $42 Million Series B Funding
42:02 Autonomous Underwriting: A New Era in Insurance
49:26 The Future of Brokers in Construction Insurance
53:13 Self-Insurance and Risk Management in Construction
01:01:25 The Benefits of Autonomous Underwriting for Clients
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