Artificial intelligence takes over the real estate industry

Embarrassing.

Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.

Hell naw. I smell hacks and number manipulation

The less human interaction the better the deal will be because it will remove the BS and bias as well as emotions people have. I am for it

I wonder how much of these AI technology companies are a bunch of if/else statements vs real AI - which is the use of neural nets and AI frameworks

Listening to how ai word is used is painful

Ouch…more jobless claims …who needs an agent, mortgage broker and on goes the list…🤐🤐🤐👽👽👽👽👽

Talk about "let your fingers do the walking"; more like "let your computer do the thinking".
Maybe we don't have to go to school anymore, we'll let our computers do the learning for US and we can get bigger spending more time in the couch! Uh...?

The real estate "industry" is both parasitic and inflationary.

Why is AI not being used to get rid of the Realtor and their fees? Because it takes money out of their pockets. Thieves

Ultron

C3 ai 🔥🔥🔥

A.I.. dangerous

AI developer here! LOL Zestimate is a jock. In the real world, we have "apprisal" 95% of Zestimates are either over or under appraisal. Zestimate is a bet against buyer and seller. Zillow is betting either buyer or seller is stupid.

👏👏👏👏👏👏

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@LadieKadie1  Computers are all about numbers with no flexibility for human variables, in the wrong hands these calculations will squeeze increasingly more efficiently until there's absolutely nothing left to squeeze. Machine learning can be very dangerous.

Loan officers will soon be out of jobs within 5 years

Be very leery of this. AI is only as good as the model and data that trained the ML. This could be used to artificially skew numbers, and since so many people are quick to believe that AI is the next golden goose, they won't question it. You can think how this could quickly lead to a number of very large issues in the financial and real estate sectors.

And soon Block Chain Technology will eliminate the need for Realtors

unfortunately there are alot of older dinosaurs out there. like myself i would only do a deal face to face. this type of tech will work out great for the younger generation