Everyone loves a happy ending.

Once upon a time there was a few different ways to build out beautiful interior spaces and make employees sing ‘hi ho hi ho’ all the way to work, help patients feel better and students expand their minds.

The granddaddy is conventional construction. It’s been around since that time Hansel and Gretel went for a walk in the forest a couple of hundred years ago. In conventional construction, you pick up 30 percent more materials than you need, bring them to the job site and start building. Among other things, you’ll need screw guns, lots of time, giant garbage bins and a laborer to fill them with the waste you’ve created. When the bins are full you pay someone else to haul them to a dump that can be as far as 50 miles away.

Another way to build is modular construction. This is when everything you need is built in a giant factory, loaded in trucks and taken to the jobsite. After you unload the walls and/or entire rooms, you place the modules side-by-side in a precisely designated location and orientation. Then the real work begins, with each module individually leveled and attached to its neighbor.

The next generation of building is Digital Component Construction. Using a powerful digital technology, Falk brings the tried and true processes of conventional construction into a compact quality-controlled factory to precisely manufacture all the individual components you need for your space.

Everything is neatly stacked in one truck and delivered and installed in exactly the same manner and by the same trades as conventional construction, but with one third the labor. There’s no need for clean up or waste removal in the safe and clean working environment. And it all comes in competitive with conventional and much less than modular.

If Goldilocks was on the job site and not still eating porridge in the bear’s cabin we’re certain she’d proclaim Digital Component Construction “just right.” She would also exclaim that it’s “conventional construction on steroids!”

Falk’s next-gen technology is going to incorporate artificial intelligence to improve the construction process from start to finish. Other industries, from insurance to entertainment, have already embraced the power of AI. Priceonomics data studio breaks down who’s doing what with AI here. >>Read On