Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff

Re:Zillow to stop flipping homes, loses more than $550M, lay... by gitfan86 on Tuesday November 02, 2021 @08:01PM (#29089274)

The housing market may or may not take a turn. But this Zillow story is about incompetency. It smells of some non tech person pitching an AI solution. No need to inspect these homes and neighborhoods, the AI will figure it out.

[ Parent | on HN ]

Re:Zillow to stop flipping homes, loses more than $550M, lay... by withinboredom on Tuesday November 02, 2021 @10:00PM (#29090256)

That sounds like one of the AI people I work with. Like, I know the signal I just fed to our data is a negative signal, why do we need to wait 6mo for the AI to “figure it out?”

(The negative signal was equivalent to an email hard bounce for an email marketing AI. Like, if that signal is there, the customer is gone forever)

This reliance on AI magically figuring things out is pretty annoying.

[ Parent | on HN ]

Re:Zillow to stop flipping homes, loses more than $550M, lay... by papito on Thursday November 04, 2021 @11:49AM (#29108658)

I say we give up on thriving for a better economic balance and just leave it to the faulty AI redistribute the dumb money sloshing around.

[ Parent | on HN ]