Brandon Lwowski, PhD

Their business has increased their generative AI adoption to automate operations have boost productivity and saved costs and an expected $900 million in new bookings for Accenture's GenAI services. When done right, it can work

However, the successes of GenAI are less talked about. When implemented correctly, GenAI can offer significant economic benefits to companies. Take hashtag#Accenture, for example. They anticipate a 1.5-2.5% revenue growth attributed to hashtag#AI and hashtag#cloud technologies.

You often hear about the failures of GenAI, like McDonald's hashtag#GenAI service for taking customer orders or Google's search engine advising people to eat rocks.

Have to love LinkedIn.

Today Lisa Rice from National Fair Housing Alliance delivered a testimony to the "Senate Banking Committee Subcommittee on Housing, Transportation and Community Development" underscoring the capacity of AI to enhance efficiency in housing procedures and facilitate better access to housing information. She also expressed concerns regarding AI's potential to replicate and duplicate historical bias in the mortgage lending process. My key take away was the importance of establishing regulatory frameworks to guarantee that AI tools adhere to fair housing laws and prevent any violations. This is one of the rationales behind my advocacy for establishing a standards-setting organization for AVMs and ensuring that AVMs employed in loan origination and the secondary market adhere to non-discriminatory principles and fair lending practices. 1. Limitations of AVMS: lnkd.in/gNjt_NCv 2. AVMs and Minority Neighborhoods: lnkd.in/gheVUTea 3. Accuracy and Fairness Trade Off: lnkd.in/gmwixK3v 4. OMB Circular A-119: lnkd.in/gtcn2dJf 5. List Blind Benchmarks: lnkd.in/g2NfNfcG 6. Third Party Testing: lnkd.in/gXNRRqMS 7. Proposed Rule Making: lnkd.in/gNK8BgZE 8. SSO: lnkd.in/gugK7pZa #NFHA #AVMs #FairHousing #responsibleai

First video is out on my mini-series called “The Four Pillars of Real Estate Data”. The first video focuses on Quality. youtu.be/s5g78kzCjeQ?si… #RealEstate #housing #DataScientist

Latest Newsletter: "The Risky Path of Overregulation in AI Data Collection: Coming of an AI Dark Age?" "Today's headlines are constantly filled with buzzwords like machine learning and artificial intelligence, as AI has emerged as a pivotal force driving innovation, automation, and transformation across various industries and sectors. Its significance is immeasurable, as AI holds the power to transform various sectors, including healthcare, finance, transportation, and education ..." Subscribe: lnkd.in/gNgmspBJ #AI #Data #Regulation #artificialintelligence #safe #secure #fair

New project coming out. Please follow along. My first time recording myself :) Watch the video for more information: Newsletter: linkedin.com/newsletters/fr… #Realestate #Data #Datascience #AI #Housing #Fairness #Pillars

Reprice: The average 30-year fixed mortgage rate slips to 7.04% That's the lowest reading since August 8th That's a 99 bps decline since October's peak (8.03%) Spread: 293 bps

@NewsLambert Prices would have to come down over 5% in the next 3 weeks in terms of median price for there to be no growth in 2024.

#NEW Redfin forecast that U.S. home prices will shift 0% in 2024 Median sale price of existing homes, that is

2 panels over the last few days at SFR West! Glad to be a speaker on Valuations and how AI is changing the landscape. #sfr #imn #ai

As we step into December, the real estate landscape is showing an slight uptick, with median prices increasing over $401,000 Inventory levels appear to have hit their peak for the year. This is an interesting datapoint as encouraging data on mortgage applications continues with lower rates. Continual decrease is expected through out the year and into the spring buying season.

As I settle into my seat on the flight to SFR West in Scottsdale, my second real estate conference, I find myself reflecting on the journey that brought me here. It was back in 2016 when I made the decision to leave the teaching profession to pursue a PhD in AI. Many thought I was crazy as I was 26 and already 5 years into my career. Now, here I am, poised to speak on two panels at one of the largest SFR conferences. My early career has taught me that life's path can lead to surprising and unexpected destinations.

@girdley @Chilis

President Girdley will have 4 initiatives: • Incentives to increase birth rate • Incentives to build more houses, more quickly • Incentives for American companies to hire domesticlally • Universal Basic @Chilis I will not be taking any questions.

@mortgagetruth Home sellers become home buyers, it looks like our inventory has peaked for year and likely continues to decline into 2024. More demand, less homes, prices rising.

'Homebuyer conundrum: If mortgage rates fall, bidding wars will follow, expert says' We went from "housing crash in 2024" to "bidding wars in 2024," in the matter of a month. Simply b/c the 30-year fixed hit 8% in October and then retreated back to the low-7% range. And it could dip into the high-6% range before the end of the year. Redfin chief economist Daryl Fairweather told Yahoo, "If rates fall below 7%, I think we're going have a surprisingly strong year." "That's when I think we're going to see more people out there with bidding wars even." She argues that consumers witnessed 8% rates, so if they're back at 6%, it's much more palatable. "Rates going up to nearly 8% has reset the threshold for buyers wanting to get back into the market." This could bring prospective buyers off the sidelines, while inventory remains historically low. Do you think 6% rates are good enough to reinvigorate the housing market? Or is this too optimistic? finance.yahoo.com/news/homebuyer…

Couldn’t agree more with Yann LeCun. He recently said … “Society is more likely to get “cat-level” or “dog-level” AI years before human-level AI”

@NewsLambert That 30 year is being so stubborn. Could set us up nicely for 2024 if we continue to see the slow decrease in rates and spread.

The average 30-year fixed mortgage rate slips to 7.30% That’s the lowest reading since September 19th Range this year: 5.99% (Feb.) <—> 8.03% (Oct.) Spread: 295 bps

First marathon this weekend! San Antonio Rock and Roll. 26.2 miles 😰. the hardest thing I’ve done was a 14 mile Spartan race. Let’s see if this weekend tops it. #spartanrace #spartan #marathon #rockandroll

When examining the disparities in undervaluation in arms-length transactions, it becomes evident that AVMs can provide a fairer and more equitable approach. What's truly remarkable is that AVMs do not exhibit performance deterioration based on the ethnicity of the homeowner.