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Podcast: The Real Estate Espresso Podcast
Episode: Clear Path for AI Software In Real Estate
Description: Computer algorithms are great at processing vast amounts of data and then making either recommendations or decisions based on that data. AI is even better at that process. Yet somehow consumer groups feel like landlords have a disadvantage when it comes to data and therefore should not have the right to use that market data when it comes to setting rates for a rental property.The latest legislation to pass through the US Congress has a Federal statute that aims to block the states and local governments from oversight of AI and automated decision systems for 10 years.Â