I a year or 2 from now, the appraiser will be the intern. At first it’s a partner, then imminently it will take over. Sorry to say …commercial epically impacted, number crunching …accounts, etc are toast …
Ai just killed appraisers!!! Ok that is what I would say if I was in to sensationalism or trying to get your attention. The reality is far from that, though. When people ask if tools like ChatGPT, Claude, Gemini or others are about to make appraisers obsolete, I try to draw a comparison to self-driving cars I heard recently. The technology is amazing, but far from perfect You still need to know the rules of the road If you've never actually driven a car, relying on autopilot is ridiculously dangerous and just plain irresponsible The same paradigm is true for appraisals, but instead of risking physical harm we're risking critical lending and business decisions. Good appraisers will always have a home...in my opinion. (not written by ChatGPT)
Can you recommend any classes or course work or certifications specific to appraisasl and the various AI programs?
I a year or 2 from now, the appraiser will be the intern. At first it’s a partner, then imminently it will take over. Sorry to say …commercial epically impacted, number crunching …accounts, etc are toast …
Ai just killed appraisers!!! Ok that is what I would say if I was in to sensationalism or trying to get your attention. The reality is far from that, though. When people ask if tools like ChatGPT, Claude, Gemini or others are about to make appraisers obsolete, I try to draw a comparison to self-driving cars I heard recently.
The technology is amazing, but far from perfect
You still need to know the rules of the road
If you've never actually driven a car, relying on autopilot is ridiculously dangerous and just plain irresponsible
The same paradigm is true for appraisals, but instead of risking physical harm we're risking critical lending and business decisions. Good appraisers will always have a home...in my opinion. (not written by ChatGPT)