{"id":18606,"date":"2021-11-18T05:21:03","date_gmt":"2021-11-18T12:21:03","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18606"},"modified":"2021-11-18T05:21:03","modified_gmt":"2021-11-18T12:21:03","slug":"overnight-news-if-artificial-intelligence-had-any-brains-it-wouldnt-let-zillow-ceo-rich-barton-throw-it-under-the-bus-for-his-absurd-deliberately-uninformed-inve","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18606\/overnight-news-if-artificial-intelligence-had-any-brains-it-wouldnt-let-zillow-ceo-rich-barton-throw-it-under-the-bus-for-his-absurd-deliberately-uninformed-inve\/","title":{"rendered":"Overnight News: If \u201cArtificial Intelligence\u201d had any brains, it wouldn\u2019t let Zillow CEO Rich Barton throw it under the bus for his absurd, deliberately-uninformed \u201cinvestment\u201d assumptions."},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cDogs have brains but not minds. Never wise, always\u00a0diligent.\u201d<\/p><\/div>Here are three facts about intelligence:<\/p>\n<ol>\n<li>Your dog is not intelligent, nor is any entity lacking a properly-functioning thinking brain.<\/li>\n<li>\n<p>&#8220;Artificial Intelligence&#8221; is quite a bit less intelligent than your dog \u2013 and it is never capable of even the most basic forms of awareness, understood biologically.<\/p>\n<\/li>\n<li>\n<p>The only actual intelligence in the universe, that we know of so far, occurs between the ears of mature genetic <em>homo sapiens<\/em> within whom a properly-functioning thinking brain has been appropriately cultivated. Importantly: Nothing of  &#8220;Artificial Intelligence&#8221; can or even attempts to do any of this.<\/p>\n<\/li>\n<\/ol>\n<p>Why does this matter?<\/p>\n<p>When Rich Barton blames &#8220;Artificial Intelligence algorithms&#8221; for his abject failure as an investor, he&#8217;s bullshitting you yet again: Computers \u2013 even computers decked out in the Incumbent&#8217;s New Machine Learning \u2013 do what you tell them to do, not what you want them to do. In this one way, they are preferable to our sometimes willful dogs, taking account that <em>neither<\/em> is capable of informed discretion.<\/p>\n<p>Zillow&#8217;s computers were bossed around by CEO Rich Barton, a tyro &#8220;investor&#8221; who insisted that tomorrow would always replicate yesterday \u2013 static market fallacy \u2013 and that black swans cannot exist \u2013 where, of course, real estate is a black swan business.<\/p>\n<p>The computers did what they were told to do \u2013 by a fool drunk on his own hubris, blinded by his self-seeking sycophants and blindfolded by his absurd insistence that deliberately knowing nothing about real estate investing is the best way to make bank. I wish I were joking.<\/p>\n<p>Take some responsibility, Poindexter. You made a classic egghead mistake, &#8220;reasoning&#8221; by unreliable proxy signals, but it doesn&#8217;t do to blame your vehicle. It went where you drove it \u2013 blindfolded.<\/p>\n<p><strong><em>In other news:<\/em><\/strong><\/p>\n<p><strong>Bari Weiss:<\/strong> <a href=\"https:\/\/bariweiss.substack.com\/p\/the-medias-verdict-on-kyle-rittenhouse\" target=\"_blank\" rel=\"noopener noreferrer\">The Media&#8217;s Verdict on Kyle Rittenhouse: Why so many got this story so wrong.<\/a><\/p>\n<p><strong>ZeroHedge.com:<\/strong> <a href=\"https:\/\/www.zerohedge.com\/political\/rittenhouse-case-proves-establishment-wants-bring-back-star-chamber-tyranny\" target=\"_blank\" rel=\"noopener noreferrer\">The Rittenhouse Case Proves The Establishment Wants To Bring Back Star Chamber Tyranny.<\/a><\/p>\n<p><strong>Christopher Rufo:<\/strong> <a href=\"https:\/\/www.city-journal.org\/public-school-boards-against-parents\" target=\"_blank\" rel=\"noopener noreferrer\">Enemies of the School Board{ Parents in some school districts find their input suppressed \u2013 and their dissent criminalized.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cDogs have brains but not minds. Never wise, always\u00a0diligent.\u201dHere are three facts about intelligence: Your dog is not intelligent, nor is any entity lacking a properly-functioning thinking brain. &#8220;Artificial Intelligence&#8221; is quite a bit less intelligent than your dog \u2013 and it is never capable of even the most basic forms of awareness, understood biologically. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":15672,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15672\/debunking-artificial-intelligence-while-programming-your-computer-to-be-almost-as-smart-as-your-dog\/","url_meta":{"origin":18606,"position":0},"title":"Debunking Artificial Intelligence &#8212; while programming your computer to be almost as smart as your dog.","author":"Greg Swann","date":"February 6, 2012","format":false,"excerpt":"Everything you've been taught about Artificial Intelligence for your whole life is false. AI researchers are not frauds, I don't think, but they're exuberant when they talk to reporters, and the reporters are ignorant, thoughtless and brash. In real life, AI is Siri, which can reliably lead you to the\u2026","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18588,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18588\/overnight-news-i-have-more-than-enough-grit-to-delegate-my-scutwork-to-hyper-diligent-robots\/","url_meta":{"origin":18606,"position":1},"title":"Overnight News: I have more than enough grit to delegate my scutwork to hyper-diligent robots.","author":"Greg Swann","date":"November 9, 2021","format":false,"excerpt":"One late-Summer Prime Day in 2019, from the depths of Death Valley \u2013 cancer brain, chemo brain, insane-in-the-membrane brain \u2013 Cathleen bought a Roomba, an \"artificially-intelligent\" robot vacuum. She parked it at my desk, saying it was mine to work out. I approached it the same way I do every\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6422,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6422\/kevin-kelly-a-new-kind-of-mind\/","url_meta":{"origin":18606,"position":2},"title":"Kevin Kelly: A New Kind of Mind","author":"Greg Swann","date":"January 2, 2009","format":false,"excerpt":"The Technium:Instead of dozens of geniuses trying to program an AI in a university lab, there are billion people training the dim glimmers of intelligence arising between the quadrillion hyperlinks on the web. Long before the computing capacity of a plug-in computer overtakes the supposed computing capacity of a human\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15163,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15163\/the-reason-for-boundless-optimism\/","url_meta":{"origin":18606,"position":3},"title":"The Reason for Boundless Optimism","author":"Sean Purcell","date":"September 27, 2011","format":false,"excerpt":"The space was filled at the moment of the tipping point. It cannot be unfilled and replaced with a lack of knowing. It has happened. The future is very bright indeed.","rel":"","context":"In &quot;Enduring Interest&quot;","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18590,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18590\/overnight-news-gaming-artificial-intelligence-is-as-easy-as-selling-your-white-elephant-to-an-ibuyer\/","url_meta":{"origin":18606,"position":4},"title":"Overnight News:  Gaming \u201cArtificial Intelligence\u201d is as easy as selling your white elephant to an\u00a0iBuyer.","author":"Greg Swann","date":"November 10, 2021","format":false,"excerpt":"Here's a true fact about iBuying: The sellers are gonophs. Home-sellers are often gonophs, of course, and, even if not, the information asymmetry runs all their way: Neither your Buyer's Agent nor your home inspector is likely to identify that semi-annual drainage problem. But many of the sellers who turn\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5505,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5505\/how-i-spent-my-orlando-vacation-or-the-equisite-feeling-of-an-exploding-brain\/","url_meta":{"origin":18606,"position":5},"title":"How I spent my Orlando vacation, or; The exquisite feeling of an exploding brain","author":"Teri Lussier","date":"November 11, 2008","format":false,"excerpt":"You ever walk into a room that crackles with energy? Ever had the privilege of hanging out with the very best at anything? You know that synergy that ignites and sparks ideas and discussion? Hanging out with the Bloodhounds was an incredible experience for that. Watching these minds toss out\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18606"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18606\/revisions"}],"predecessor-version":[{"id":18607,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18606\/revisions\/18607"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}