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A comment on Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff. Parent comment

Re:Zillow to stop flipping homes, loses more than $550M, lay... by danrocks on Tuesday November 02, 2021 @09:38PM (#29090112)
Maybe some reinforcement learning algorithm running as well, where the maximum reward is winning the bid. Hence the algorithm just goes and lays waste on other bidders. Gotta get that infinite reward!
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by mrfox321 on Tuesday November 02, 2021 @09:49PM (#29090185)
I doubt RL is involved. That would be soooo risky.

Bidding algorithms can model the price of winning the auction, you can maximize profit without fancy RL

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