3 ms·
If MBAs and financial models can predict slowdowns, we won't have them at all. If anything ML models will exacerbate the situation IMO and they probably relied
by yalogin 5y ago
If MBAs and financial models can predict slowdowns, we won't have them at all. If anything ML models will exacerbate the situation IMO and they probably relied on them too much and bought more than they should. Of course what I said is also a projection (without even an ML model), so that is not accurate either :)
- HWR_14 5y agoThe models don't have to predict a slowdown. They just have to account for the total amount of risk Zillow is assuming.
- beamatronic 5y agoWhich should really just boil down to carrying costs vs future expected profits
- HWR_14 5y agoTheir risk model should really account for the possibility that housing prices go down. I mean, there were famously in 2008 banking firms whose models didn't even allow for that.