M
736 posts
Software companies should have Gall’s law tattooed in their psyche.
A complex system designed from scratch never works and cannot be patched up to make it work.
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@nejatian Couldn't agree more, the current education system is significantly outdated and has barely evolved since 1750 lol. It is sorely lacking in fundamental learning and essential life skills; not even mentioning AI..
I don't see how we can avoid a major crisis in the coming decades.
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There are very few things in need of first principle rebuilding than education.
Ryan Delk@delk
Filmed at real Primer school. Starring real Primer students. A 200 year vision for American Education:
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@maelan_sdmr @nejatian @morganb @BradBonney @kianejatian What u say about this idea of an Ai bot act as a customer service for Opendoor
x.com/i/status/20417…
M@KOTSHY
@nejatian Hi Kaz — I have an idea that could significantly enhance Opendoor’s customer experience using AI. Imagine an AI-powered real estate agent that can instantly engage with customers 24/7.
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Does $OPEN need 85 new employees for title?
So Doma brings significant advantages to the company?
CC: @nejatian @morganb @BradBonney @kianejatian
Gordon Miller@GMillerMortgage
@maelan_sdmr You don’t need 85 employees for title .. but he has no title background
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As of last week we at @Opendoor have fully re-shored our Mexico contractor positions back to the United States as full-time employees.
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@nejatian @marcuslemonis @maelan_sdmr @Nugget_Trades
One of the largest components of mortgage costs comes from risk premiums and operational inefficiencies. Traditional banks often price mortgages using broad regional data and relatively slow appraisal processes,
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There is a a surprising amount of fraud in traditional mortgage space. Shady people encourage homebuyers to color the facts in order to qualify for a mortgage that they cannot afford and that GSEs should not buy. AI will not just to reduce cost. It will get rid of fraud!
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And obviously we are not promising 4.99% rates forever or to everyone. Again, we are early. But we are committed to solving this for American homeowners.
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We’ve rate locked 4.99% mortgage on Opendoor homes for buyers.
The product is in beta still. We have a lot to learn. Going well. Very early days.
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