{"id":1148635,"date":"2025-07-07T10:25:19","date_gmt":"2025-07-07T16:25:19","guid":{"rendered":"https:\/\/www.adventuresincre.com\/?p=1148635"},"modified":"2025-08-13T16:28:49","modified_gmt":"2025-08-13T22:28:49","slug":"strategic-intelligence-llm","status":"publish","type":"post","link":"https:\/\/www.adventuresincre.com\/strategic-intelligence-llm\/","title":{"rendered":"Can AI Act Like a Negotiator, a Partner, or a Shark? A New Study Says Yes."},"content":{"rendered":"<p>A <a href=\"https:\/\/arxiv.org\/pdf\/2507.02618\" rel=\"\">new paper<\/a> from researchers at the University of Oxford and Kings College London suggests that large language models like GPT-4, Claude, and Gemini don\u2019t just spit out language, but rather develop strategic personalities. One plays nice. One retaliates. One forgives. None were explicitly trained to do this.<\/p>\n<p>So, what happens when you start relying on AI to help make leasing decisions, underwrite risk, or interact with counterparties?<\/p>\n<p>That\u2019s the question I explored using <a href=\"https:\/\/notebooklm.google.com\/\" target=\"_blank\" rel=\"noopener\">NotebookLM&#8217;s AI podcast feature.<\/a> I fed it this weighty paper and prompted it to discuss the findings through the lens of a non-technical commercial real estate professional. The result: a 15-minute podcast-style conversation that unpacks what the research says, and why it matters (or doesn\u2019t) to how we do business.<\/p>\n<h2 data-start=\"2059\" data-end=\"2157\">Listen to the Podcast-Style Discussion of this Paper<\/h2>\n<p><audio style=\"width: 100%;\" preload=\"none\" controls=\"controls\"><source src=\"https:\/\/audio.adventuresincre.com\/Strategic%20Intelligence%20in%20Large%20Language%20Models%20-%20Why%20it%20Matters%20to%20CRE.wav\" type=\"audio\/wav\" \/>Your browser does not support the audio element.<\/audio><\/p>\n<h2 data-start=\"1006\" data-end=\"1031\">About the Paper<\/h2>\n<p data-start=\"1032\" data-end=\"1419\">The paper, <a class=\"\" href=\"https:\/\/arxiv.org\/abs\/2507.02618\" target=\"_new\" rel=\"noopener\" data-start=\"1042\" data-end=\"1168\"><em data-start=\"1043\" data-end=\"1133\">Emergent World Models in Large Language Models without Explicit Spatial Inductive Biases<\/em><\/a>, tested whether advanced language models could reason strategically and spatially without being told how. Using 140,000 Prisoner\u2019s Dilemma games, researchers observed each model develop a distinct approach to cooperation, betrayal, and adaptation.<\/p>\n<p data-start=\"1032\" data-end=\"1419\"><p><a href=\"https:\/\/thecreedge.ai\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignnone wp-image-1173313 size-full\" src=\"https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124.png\" alt=\"\" width=\"1030\" height=\"124\" srcset=\"https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124.png 1030w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124-300x36.png 300w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124-768x92.png 768w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124-705x85.png 705w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/08\/1030x124-450x54.png 450w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/a><\/p>\n<p data-start=\"1421\" data-end=\"1432\">In short:<\/p>\n<blockquote data-start=\"1433\" data-end=\"1489\">\n<p data-start=\"1435\" data-end=\"1489\">These AIs behave more like real people than previously thought.<\/p>\n<\/blockquote>\n<p data-start=\"1435\" data-end=\"1489\"><img decoding=\"async\" class=\"alignnone size-large wp-image-1148699\" src=\"https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-1030x687.jpg\" alt=\"\" width=\"1030\" height=\"687\" srcset=\"https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-1030x687.jpg 1030w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-300x200.jpg 300w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-768x512.jpg 768w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-1500x1000.jpg 1500w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-705x470.jpg 705w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-450x300.jpg 450w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-1320x880.jpg 1320w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms-272x182.jpg 272w, https:\/\/www.adventuresincre.com\/wp-content\/uploads\/2025\/07\/strategic-intelligence-in-llms.jpg 1536w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/p>\n<h2 data-start=\"1491\" data-end=\"1520\"><strong data-start=\"1495\" data-end=\"1520\">Why the Study Matters to CRE<\/strong><\/h2>\n<ul data-start=\"1522\" data-end=\"2057\">\n<li data-start=\"1522\" data-end=\"1708\">\n<p data-start=\"1524\" data-end=\"1708\">Model behavior could influence your outcomes. Whether AI is assisting in lease negotiations, JV structuring, or strategy, a forgiving vs. aggressive model could shift the result.<\/p>\n<\/li>\n<li data-start=\"1709\" data-end=\"1859\">\n<p data-start=\"1711\" data-end=\"1859\">It shows LLMs can handle higher-order reasoning. They\u2019re not just AI assistants, but they\u2019re capable of operating like digital analysts, partners, or advisors.<\/p>\n<\/li>\n<li data-start=\"1860\" data-end=\"2057\">\n<p data-start=\"1862\" data-end=\"2057\">You can <a href=\"https:\/\/blog.creagents.com\/agentic-mode\/\" target=\"_blank\" rel=\"noopener\">train your AI to have a specific personality or play a specific role<\/a>. Just like you wouldn\u2019t send your most junior analyst to a hardball negotiation, understanding how your AI \u201cthinks\u201d and training it to think in a certain way will become part of your strategy.<\/p>\n<\/li>\n<\/ul>\n<div  class='av_promobox av-av_promobox-87802d2873acb8d8359d8fe913015aa2 avia-button-yes'><div class='avia-promocontent'><section class=\"author-bio\" aria-label=\"About the Author\">\n<p><strong>About the Author:<\/strong> Spencer Burton is Co-Founder and CEO of <a href=\"https:\/\/www.creagents.com\" target=\"_blank\" rel=\"noopener\">CRE Agents<\/a>, an AI-powered platform training digital coworkers for commercial real estate. He has 20+ years of CRE experience and has underwritten over $30 billion in real estate across top institutional firms.<\/p>\n<p>Spencer also co-founded Adventures in CRE, served as President at Stablewood, and holds a BS in International Affairs from Florida State University and a Masters in Real Estate Finance from Cornell University.<\/p>\n<\/section>\n<\/div><div  class='avia-button-wrap av-av_button-9c5c269a4aca87dcc1972f23335155c9-wrap avia-button-right '><a href='https:\/\/www.adventuresincre.com\/contact-us\/'  class='avia-button av-av_button-9c5c269a4aca87dcc1972f23335155c9 av-link-btn avia-icon_select-no avia-size-large avia-position-right avia-color-theme-color'  target=\"_blank\"  rel=\"noopener noreferrer\"  aria-label=\"Contact Spencer\"><span class='avia_iconbox_title' >Contact Spencer<\/span><\/a><\/div><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>A new paper from researchers at the University of Oxford and Kings College London suggests that large language models like GPT-4, Claude, and Gemini don\u2019t just spit out language, but rather develop strategic personalities. One plays nice. One retaliates. One forgives. None were explicitly trained to do this. So, what happens when you start relying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1148703,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[859,1033],"tags":[841],"class_list":["post-1148635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-ai-training","tag-ai","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3.1 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Can AI Act Like a Negotiator, a Partner, or a Shark? A.CRE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.adventuresincre.com\/strategic-intelligence-llm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can AI Act Like a Negotiator, a Partner, or a Shark? 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Founded by institutional real estate professionals, A.CRE provides training programs, case-based courses, Excel models, and industry insights that help CRE professionals and students gain the skills and knowledge to succeed. Its flagship offerings include the Real Estate Financial Modeling Accelerator, a comprehensive program for mastering underwriting and investment analysis, and AI.Edge, a curated membership that equips CRE professionals to lead the AI transformation in real estate. With millions of readers worldwide, A.CRE delivers practical resources, downloadable models, guides, and insights that bridge the gap between classroom theory and industry practice.\",\"email\":\"admin@adventuresincre.com\",\"foundingDate\":\"2015-08-01\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"11\",\"maxValue\":\"50\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.adventuresincre.com\/#\/schema\/person\/4b1e13650649fb6e714cf855c2b27c67\",\"name\":\"Spencer Burton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.adventuresincre.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bf709ef63125b3053fdadc6e3a5093ddbd5fe98a1ede0515a3efc86230c640b8?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bf709ef63125b3053fdadc6e3a5093ddbd5fe98a1ede0515a3efc86230c640b8?s=96&d=blank&r=g\",\"caption\":\"Spencer Burton\"},\"description\":\"Spencer Burton is the Co-Founder and CEO of CRE Agents, a Vertical AI Agentic Platform changing how work gets done in commercial real estate. With over 20 years of experience as a fiduciary, principal, and founder in real estate, he is a recognized expert in applying AI to CRE. His mission at CRE Agents is to give people back life\u2019s most precious asset\u2014time. By pushing repetitive tasks to AI-driven \u201cdigital coworkers\u201d, CRE Agents empowers professionals to focus on high-impact work, driving better returns and more fulfilling careers. Prior to CRE Agents, Spencer served as President and founding team member of Stablewood, a multi-strategy institutional real estate investor leveraging AI, machine learning, and data analytics. At Stablewood, he co-developed an AI-enabled digital coworker that underwrote and created investment memos for 50,000+ CRE transactions, equating to four years of work for 20 full-time analysts. Spencer is also the co-creator of Adventures in CRE (A.CRE), the industry\u2019s leading platform for financial modeling, education, AI learning, and career development. Through A.CRE, he\u2019s trained thousands of professionals at some of the world\u2019s top companies and universities. Spencer has built a reputation as an innovator and thought leader in CRE. He has held senior roles at top institutional firms, helped launch two successful startups, and deployed automation across brokerage, development, acquisitions, debt production, and management. Spencer holds a Bachelor\u2019s in International Affairs with an emphasis in economics from Florida State University and a Master\u2019s in Real Estate with a concentration in finance from Cornell University.\",\"sameAs\":[\"https:\/\/www.spencerburton.org\",\"https:\/\/x.com\/spencerburtonre\"],\"url\":\"https:\/\/www.adventuresincre.com\/author\/mespencerburton-org\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can AI Act Like a Negotiator, a Partner, or a Shark? 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