3.6 and ACI

[alebrewer]

AI will have zero liability. Whatcha gonna do? Take its license away?

In engineering there is a thing called CAC... similar to CAD - computer aided drafting - it's Computer Aided Catastrophe. It's why the walkway in the Hyatt failed and killed 114 people and sent 200 more to the hospital. All because a computer created an impossible situation. A series of rods was supposed to reach from top to bottom of the floors along the walkway. But no one thought to tell them how to place a single rod over 100' long into a structure, so the engineers approved a 'fix' of lapping shorter pieces of rod between floors. But the computer didn't recalculate any loss of strength.

You're building an argument that human behavior is less susceptible to error than computers/automated behavior. That dog simply won't hunt, T. Sure - we can provide examples of where technology fails, but those examples pale in comparison to some human failures. Reminds me of an article I read on the autonomous cars in Austin. There have been 14 recorded wrecks - which is not optimal - but ZERO fatalities. Can't say that about human behavior...

 

[chad hampton]

When 8-10% of the people become unemployed, there will be bloodshed in the streets. Been that way since the beginning of time. Who knows, maybe this time the masses will just accept having their wealth stolen and go away and die? We are a fairly soft public. But that's because times have been easy. God help the politicians, elitists, and bankers should times get tough. They'll need it.

 

[alebrewer]

I agree - I think AI will probably serve to widen the gap between the elites and the common folk.

 

[Essexfenwick]

So many biases...

Hey I'm no better. My kids all went to private school. I don't golf but I sit on the beach a lot swim and lift weights. I got into appraisal when it was the easiest and least taxing way to pile up money.... My timing was lucky

 

[Alsie35]

Hey I'm no better. My kids all went to private school. I don't golf but I sit on the beach a lot swim and lift weights. I got into appraisal when it was the easiest and least taxing way to pile up money.... My timing was lucky

Ditto, ditto and MEGA-Ditto ... (Except that I no longer lift weights but swim only).

 

[Terrel L. Shields]

You're building an argument that human behavior is less susceptible to error than computers/automated behavio

Safety lies in redundancy. Taleb pointed out months before the collapse that FNMA was "sitting on a keg of dynamite".

but ZERO fatalities. Can't say that about human behavior...

And auto running cars drove through wrecks that cops were working and at point point all of the cars in SF simply shut down. What happens in W. Texas when a prairie fire is approaching and the auto-auto doesn't respond and flee in the right direction at high speed? Has your GPS ever tried to turn you into a field? Or into a driveway? Or cross a bridge that has been closed for years? Mine has.

 

[alebrewer]

Safety lies in redundancy. Taleb pointed out months before the collapse that FNMA was "sitting on a keg of dynamite".

And auto running cars drove through wrecks that cops were working and at point point all of the cars in SF simply shut down. What happens in W. Texas when a prairie fire is approaching and the auto-auto doesn't respond and flee in the right direction at high speed? Has your GPS ever tried to turn you into a field? Or into a driveway? Or cross a bridge that has been closed for years? Mine has.

Again... hyperbole aside, humans are no match for the redundancy that technology can amass.

 

[Terrel L. Shields]

humans are no match for the redundancy that technology can amass.

What will be the consequences of an unfettered computer that can repair itself, create itself over and over? Will it be HAL and try to kill anyone trying to set limits to it? When will it simply replace humanity entirely. Why is that impossible? Well, it isn't impossible. In fact, it is almost a given.

 

[Sadie]

Been using ACI since 1987 (likely this is before the competition even existed)—don't want to switch at this point. I took the day to try out ACI 3.6. At first run, it could not be any more UN-user-friendly. Has anyone tried this out with a different experience ? The level of redundancy is off the charts—there are numerous entries that are the same for over 95% of all appraisals we complete - yet we can't create a template ? It appears they always need manual input—every field—over and over ? The drop-down menus offer entries we will never use—there should be a way to manually arrange those so the most often used ones appear at the top of the menu. There just couldn't have been many, if any, appraisers on the development team, and if there were, were they appraisers who actually worked completing many appraisals as quickly as possible ? Even the form format cannot be customized—no canned comments allowed ??? There does not appear to be anything considered that would save an appraiser time. Good thing the other software companies are giving out free demo time. What am i missing here? Has anyone tried ACI 3.6 ? There are many more apparent issues than i've listed. I hope i'm wrong here - but initial use was highly disappointing. The cloud-based "solution" is quite a risk to take - the internet went down for an hour due to a storm and i had no access to the appraisal.

I have been beta testing ACI's 3.6. It has improved over the past few months. Part of that may be that I am getting used to it and part is improvements in the program. For explanations, I have been copy/pasting them into the form, although there is a rumor that templates may be available. My biggest issue is the lack of a sales grid. You make adjustments over a series of pages, then get your adjusted sales price (not yet available though). Over a series of pages. There is no way to see how adjustments affect the adjusted value. You have to page back to get to anything you want to change. I have made my thoughts known to ACI, but I so far, nothing.

 

[Sandra Koutsopoulos]

Ppl and/or technology create more techie "essential" products and services that society adjusts to 'needing'. For example, Googlemaps. I use it nearly every day. Since it has become integral to our existence, it should be free like dirt or air, one might think.

It seems, however, that those smartie folks who created the dots and dashes that have become necessary in today's world, are particularly rich. Being smart ppl, they created smart tools, and knowing we would integrate them into our lives, they became even richer by selling us those products. Kind of a step up from selling physical 'consumables', which a long-time salesperson told me was the key to making a good living as a sales person. As the product is consumed/used up, ppl will need to replace those items and thus buy more. But IRL is it equitable that ppl are paying more and more for non-physical goods such as TV programming, anti-spam software, "new" 3.6 appraisal software, Windows 12, 13, 15, 25?, iPhone 12-15-22? Mr Musk is on track to be paid a TRILLION dollars over the next few years for.... FOR WHAT!? And a little bit will come out of all our pockets for him and his ilk getting the exclusive 'rights' to put up satellites that we have to utilize for our phones or whatever? I think it is time to re-think the exorbitant wealth some ppl have due to their fingers being in the creation of this techno wizardry, especially as those techie improvements eliminate income-producing work. Perhaps those genius minds should focus on the task of examining how to replace the income that AI costs the redundant workers into something more productive. Or perhaps the billionaires & their companies should be taxed at 98%, and that 98% would be returned to the public coffers to replace the income of ppl that were replaced by AI.