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artificial intelligence

“Alexa, How Much is My House Worth?”

Competing Business Models:  Referral Fees vs. Advertising (Wanna Guess From Whom??) [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] With artificial intelligence gaining momentum, it was only a matter of...
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Underwriting-by-Algorithm: How Long Till Computers Replace Human Loan Underwriters?

“Hello, Mortgage Loan Department?  Can I Please Speak to a Human Being?!?” “Big companies and start-ups are beginning to use learning software in higher-stakes decisions like medical diagnosis, crime prevention, hiring selections and loan approvals. The idea is that an A.I. turbocharger can be applied to all kinds of decisions, making them smarter, fairer and...
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