Blog•Mar 31, 2026
We Already Ran This Experiment
A16z argues that construction software, still built on 1997 code, is holding back industry efficiency, while the author counters that the sector already experimented with BIM at scale without reducing waste. From 2007 onward, billions were spent on BIM tools, richer models, and coordinated workflows, yet budget overruns and rework costs stayed flat. The author attributes this to misaligned economic incentives across architects, engineers, and contractors, which turn rework into revenue rather than a failure. He concludes that AI and value‑based pricing can only succeed if contract structures shift risk and reward to owners who bear the lifecycle costs.
