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Yeah, it just repeats the Narrative in a giant post hoc. "Zillow uses ML models in some way; Zillow failed; QED, ML models are dangerous." Except the reporting
by gwern 5y ago
Yeah, it just repeats the Narrative in a giant post hoc. "Zillow uses ML models in some way; Zillow failed; QED, ML models are dangerous." Except the reporting by Bloomberg and insiders is that Zillow failed because they overrode the models predicting lower prices and bought like drunken sailors, and it's just a story of yet another marketmaker being run over by the market. So sad, too bad, largely irrelevant to the tech world, yet, it looks like it's entering the mythology of ML up there with Cambridge Analytica or the tank story - unkillable by mere facts or tardy reporting.