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The Power Of Huna Philosophy | Can An Algorithm Flip Homes? Apparently Not | Radio Milky Way Is Blasting Sounds We Cannot Understand | Climate Change Is Changing The Way We Look At Big Dams. Let’s Consider Micro Local Projects Instead | Through The TechVine Radio Program Episode TwentyTwo

The ITSPmagazine Podcast

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Zillo's Estimates Aren't That Exact

A company called zillo was using an algorithm to estimate the value of houses they were fixing up and flipping. They inadvertently overpaid because their estimations were too high, according to a filing. Zilla has now decided to exit the business as it couldn't sell for a profit. The technology could have broad implications if used by mortgage lenders to determine value. And that can be really devastating if you owe more on your home than it's worth.

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