Construction Mogul Bets on Robots to Revolutionize His Industry
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John Fish built a $6B construction firm Suffolk but is now investing in construction tech startups to solve industry productivity and labor issues.
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Suffolk is introducing robots and AI tools like autonomous cranes, blueprint-printing robots, and AI software to make sites more efficient.
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Fish has invested $50M+ in over 50 startups via Suffolk Technologies, including AI video startup OpenSpace now worth $900M.
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Fish wants to use tech to offset construction slowdowns and labor shortages, but faces industry reluctance and regulatory hurdles.
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Fish is opening a robotics center to test new tech, convinced automation is necessary despite expected worker pushback.