Simulated success on historical data does not imply success in buying from homeowners for a simple reason: many homeowners have a better sense of the value of their own home due to variables outside of Zillow’s model (e.g., the house has a strong odor or other idiosyncratic characteristics that repel would-be buyers).
2022-02-03
The late Jerry Weinberg would've found this amusing.
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And unhappiness. Let's start the latter first; to get it out of the way. I realize that a great deal of what makes me unhappy in my life...
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https://realleecamp.substack.com/p/ai-execs-admit-to-the-largest-labor
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