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20 Minute AI Appraisals Are Coming

https://www.cnbc.com/2025/03/26/bill-gates-on-AI-humans-wont-be-needed-for-most-things.html

Interesting take by Bill Gates.

Note that he glosses over the extreme disruption AI might make down the road with regard to replacing human labor. Sure, it benefits people in the ways he describes, but what do they lose in return?
 
A good backhoe operator can do the work of 100 men with shovels. Maybe we should get rid of heavy equipment so more humans can be paid by the hour.

TV's are so cheap today that they are disposable ....no more TV repairmen.

I have repaired computer hard drives that were the size of a suitcase and weighed over 100 lbs. These were 20 Meg drives. Today it would take a line of semi trucks a mile long to carry those old drives that have been replaced by one SSD that fits in your hand. Bye-bye hard drive repairmen.

Today's cars need tune-ups only every 100K miles or so. It used to be every 10K. So long local shade tree mechanics.

I'm thinking some people love the upgraded technology, even at the expense of other people losing their jobs but God forbid new technology takes over the appraisal business. And it will. Get ready. Darwin didn't say that the strongest survive...he said that the most adaptable survive. Adapt or retire but for God's sake quit whining about it, it's not going to be stopped.
 
Mark K said:
A good backhoe operator can do the work of 100 men with shovels. Maybe we should get rid of heavy equipment so more humans can be paid by the hour.

TV's are so cheap today that they are disposable ....no more TV repairmen.

I have repaired computer hard drives that were the size of a suitcase and weighed over 100 lbs. These were 20 Meg drives. Today it would take a line of semi trucks a mile long to carry those old drives that have been replaced by one SSD that fits in your hand. Bye-bye hard drive repairmen.

Today's cars need tune-ups only every 100K miles or so. It used to be every 10K. So long local shade tree mechanics.

I'm thinking some people love the upgraded technology, even at the expense of other people losing their jobs but God forbid new technology takes over the appraisal business. And it will. Get ready. Darwin didn't say that the strongest survive...he said that the most adaptable survive. Adapt or retire but for God's sake quit whining about it, it's not going to be stopped.
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they are replacing humans....machinery helped us to be more productive. Now they are replacing us. That is the difference. It's just not AI, robots are also the future.

Same with a simple shovel. The shovel helped us to be more productive, it didn't replace us.

Low IQ or just average humans like myself needs a job. Not everyone can become something great. 50% of the population are the above. Our intelligence are limited to being a waiter, factory worker, landscaper, etc.

same goes for the higher IQ tech workers. Their IQ limits them to a level where AI will replace them.

no one is arguing that tech helps. The question is this: will it help or replace us in the future. If it replaces us, what will be the outcome? A third world country with billionairs or a country with mindless humans with no meaning living on universal basic income?

what can we do? do nothing?. Like elon or not, but he is saying that laws need to be put in place to regulate AI. That is out best avenue to do something. We cannot stop it and we shouldn't. But we should regulate it for the good of mankind.

https://www.theverge.com/2022/1/4/22866699/john-deere-autonomous-farming-AI-machine-vision-kit



 
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Actually older appraisers dodged more bullets than most other professions. I rode the real estate waves from 1980 ro 2024 with ups and downs booms and busts but always dodged the head shot. My wife a electronic engineer was laid off in the late eighties and in the ninties at least three or four times.

After the last layoff in about 2005 she changed careers and became a ISO manager in a company that made aircraft parts.

The newer appraisers have it bad and it sucks but honestly the older ones were blessed. I would not consider entering the field today and if I was young I would bail out and change career's. One can only complain about AMCs and hybrids for so long before the lights start flashing that the time may have come to move on.
 
glenn walker said:
Actually older appraisers dodged more bullets than most other professions. I rode the real estate waves from 1980 ro 2024 with ups and downs booms and busts but always dodged the head shot. My wife a electronic engineer was laid off in the late eighties and in the ninties at least three or four times.

After the last layoff in about 2005 she changed careers and became a ISO manager in a company that made aircraft parts.

The newer appraisers have it bad and it sucks but honestly the older ones were blessed. I would not consider entering the field today and if I was young I would bail out and change career's. One can only complain about AMCs and hybrids for so long before the lights start flashing that the time may have come to move on.
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You mentioned earlier in the thread Germany folks bagging their own groceries 30 years ago - I lived in Italy for a time back then and people used to bring their own string bags in and put the items they bought in that bag - no plastic bags and mega supermarket like here

But that is different than supermarkets replacing cashiers with self-service scanning machines - I do not use those lanes, and if everyone stopped using them, the stores would remove them. Each lane throws a cashier ot of work, and now the customer is unpaid labor scanning and bagging. The savings are not passed to the consumer, the owners keep it as profit.

People can resist in small, local ways, like not using self scan lanes, but if they just go along with it, then good luck when their teenager needs a starter job or if you need a job one day since some older folks work these jobs too.

People are short-sighted sheeple passively accepting it , reading their future for a minute time savings -in that sense, sad as it is one might say we deserve it -
 
cpursley said:
I don't think it will take over, still need a human in the loop.
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There will need to be humans in the loop, but if far fewer humans are needed, what happens to everyone else?

The population is declining for a reason as an evolutionary response but not fast enough - refugee camps are bursting with millions the world over, stateless people born and ie of old age in those camps , a surplus of population look at our border crisis.

I recall reading John Updike, brilliant writer with a dark mind- he nailed it decades ago the way brilliant minds eerily anticipate the future. In one of his novels, a character was conemplating the fate of humanity, and his thought was, "Maybe Idi Amin had the right idea."
 
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