Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

An Intro to AI With Applications in Real Estate

140 views

Published on

Contents:
-Definitions of Artificial Intelligence (AI), from "passes Turing test" to "set of algorithms"
-Specific AI algorithms / tools, with emphasis on real estate
-The challenge of data
-Bonus: self-owning AI?

Published in: Technology
  • Be the first to comment

  • Be the first to like this

An Intro to AI With Applications in Real Estate

  1. 1. Trent McConaghy @trentmc0 Ocean | BigchainDB An Intro to AI With Applications in Real Estate
  2. 2. Ways to Frame AI
  3. 3. “Replicates human cognitive behavior” [Turing test]
  4. 4. “Can do tasks that only a human could previously do”
  5. 5. “Can do a task at speed / accuracy / capacity not possible by a human.”
  6. 6. “A set of algorithms” • Classification • Regression • Knowledge extraction • Optimization • Creative / Structural design • …
  7. 7. AI: Algorithms / Tools
  8. 8. Classification, in 2D Use case: mortgage applications Salary Age Salary Age Defaulted Paid mortgage Credit profile:
  9. 9. Regression, in 1D age of building $ / square foot $ / square foot
  10. 10. Regression, in 2D
  11. 11. Regression Use case: predict property price
  12. 12. Regression Use case: “street map” for interiors via 3d reconstruction [Zillow Home]
  13. 13. Knowledge extraction Use case: closed-form equations for circuits [McConaghy] CAFFEINE
  14. 14. Knowledge extraction Use Case: closed-form equations for house prices
  15. 15. Knowledge extraction Use Case: sensitivity analysis of variables to house prices
  16. 16. Optimization “Find the x that maximizes f(x)” (With as few evaluations of f(x) as possible) x f(x) Find this
  17. 17. Optimization Use Case: real estate portfolio optimization Risk Expectedreturn
  18. 18. Structural Design // Machine Creativity Use Case: jewelry design [Hornby ‘11]
  19. 19. Machine Creativity: Architectural Design Exploration (1)
  20. 20. Machine Creativity: Architectural Design Exploration (2)
  21. 21. AI: Data
  22. 22. 1000x more data The Unreasonable Effectiveness of Data
  23. 23. Mo’ data (and mo’ compute) Mo’ accuracy Mo’ $
  24. 24. Data marketplace Have AI (Want data) Have data Have AI (Want data) Have AI (Want data) Have data Have data Have AI (Want data) Have data Have data Have AI (Want data)
  25. 25. Substrate for 1000 marketplaces =a data economy Data marketplace DM DM DM DM DM DM DM DM DM DM DM DM DM DM DM DM DM DM DM Have AI (Want data) Have data Have AI (Want data) Have AI (Want data) Have data Have data Have AI (Want data) Have data Have data Have AI (Want data)
  26. 26. Self-owning AI?
  27. 27. Giving rights to AIs Via Programmable Legal Entities (PLEs)
  28. 28. Self-driving, self-owning cars
  29. 29. Self-owning roads
  30. 30. Self-owning forests “Terra0”
  31. 31. Self-owning skyscrapers Photo: Oran Virincy CC-BY 2.0, https://www.flickr.com/photos/viriyincy/2902963193 Aka “Create your own customer”…
  32. 32. Conclusion
  33. 33. AI Yesterday → Today → Tomorrow Algorithms .. Data .. Self-owning Property prediction, “street map” for interiors, creative building design, real estate data++, self-owning buildings @trentmc0Trent McConaghy

×