CSETv1 分類法のクラス
分類法の詳細Incident Number
149
Special Interest Intangible Harm
no
Date of Incident Year
2021
Date of Incident Month
11
Estimated Date
Yes
Multiple AI Interaction
no
GMF 分類法のクラス
分類法の詳細Known AI Technology Snippets
(Snippet Text: "We've determined the unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility," said Rich Barton, Zillow's co-founder and CEO., Related Classifications: Regression), (Snippet Text: For Zillow, one of the first steps in its decision to purchase any home is the "Zestimate" — a machine-learning-assisted estimate of a home's market value that is calculated by taking into account oodles of data about the property gathered from sources including tax and property records, homeowner-submitted details such as the addition of a bathroom or bedroom, and pictures of the house., Related Classifications: Multimodal Learning, Diverse Data)
Risk Subdomain
7.3. Lack of capability or robustness
Risk Domain
- AI system safety, failures, and limitations
Entity
AI
Timing
Post-deployment
Intent
Unintentional
インシデントレポート
レポートタイムライン
Zillow is getting out of the iBuying business and will shut down its Zillow Offers division, resulting in a 25% reduction in its staff.
In its quarterly earnings report on Tuesday, the company said it will see a total write-down of more tha…
In February, Zillow appeared so confident in its ability to use artificial intelligence to estimate the value of homes that it announced a new option: for certain homes, its so-called "Zestimate" would also represent an initial cash offer f…
Zillow's Zestimate of home values has become a go-to reference for US homeowners. But when Zillow tried to use its algorithm to buy and sell homes, it badly misread the market.
The company’s iBuyer (or “instant buyer”) arm, where tech-first…
Zillow, the popular online real estate marketplace and daydream fuel throughout the pandemic, is having a tough time.
The company turned heads earlier this month when it announced it would be shutting down Zillow Offers, the algorithm-fuel…
AIID編集部注：本レポートは研究論文です。全文は原文をご覧ください。
概要
組織における機械学習と人工知能の導入が進むにつれ、消費者は様々なアルゴリズムによる推奨情報に頻繁に触れるようになっています。2007年、大手オンライン不動産会社であるZillowは、iBuying機械学習アルゴリズムを活用して消費者から直接住宅を買い取るZillow 2.0への変革を目指し、技術投資を行いました。当初は成功を収めたものの、将来の価格予測の不正確さから大きな損失を被り、2021年11月…
バリアント
よく似たインシデント
Did our AI mess up? Flag the unrelated incidents
よく似たインシデント
Did our AI mess up? Flag the unrelated incidents