インシデント 149の引用情報

Description: Zillow's AI-powered predictive pricing tool Zestimate was allegedly not able to accurately forecast housing prices three to six months in advance due to rapid market changes, prompting division shutdown and layoff of a few thousand employees.
推定: Zillow Offersが開発し、Zillowが提供したAIシステムで、Zillow Zillow Offers staffに影響を与えた

インシデントのステータス

インシデントID
149
レポート数
4
インシデント発生日
2021-11-02
エディタ
Sean McGregor, Khoa Lam

GMF 分類法のクラス

分類法の詳細

Known AI Goal

Market Forecasting

Known AI Technology

Regression, Multimodal Learning, Diverse Data

Potential AI Technology

Optical Character Recognition, Clustering

Known AI Technical Failure

Concept Drift

Potential AI Technical Failure

Incomplete Data Attribute Capture, Adversarial Data, Underfitting, Dataset Imbalance

Zillow to exit its home buying business, cut 25% of staff
cnn.com · 2021

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…

Zillow's home-buying debacle shows how hard it is to use AI to value real estate
cnn.com · 2021

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…

Why Zillow Couldn’t Make Algorithmic House Pricing Work
wired.co.uk · 2021

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…

What happened at Zillow? How a prized real estate site lost at iBuying
cnet.com · 2021

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…

バリアント

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