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Asked AI ChatGPT if AI was going to Replace Appraisers...here is what it said back.

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The "bull**** generator" passes law and business school exams. It almost passes the US Medical Licensing Exam. And this is just the beginning of the tech.



 
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Just FYI: McKissock is offering a free ChatFPT seminar at 12:00 p.m., PST, Wednesday, 02/08/2023.
Sorry: The seminar is being provide at no cost by Spark For Appraisers clients rather than McKissock.
Automated tools and software geared for efficiency to produce a generic robo "appraisal" that lacks any meaningful analysis or narrative and uses rote/data/ no thought driven comp selection and adjustments , with Chat AI creating slick but empty commentary. But hey it got turned in fast at a low fee which kicked back max $ to the client so its all good. Too bad the clueless borrower ,, users or investors are not truthfully informed about the POS report they are basing a decision worth hundreds of thousand of dollars on .
 
AI won't have an answer in the next drop in prices. They will say we don't have that much liability coverage to cover your losses. Sorry. Can't help you. LOL
 
AI will be like I didn't know those were not the best competing properties available.
 
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