Post #286

#DS#news This is a post about Zillow's Zetimate Model. Zillow (https://zillow.com/ ) is an online real-estate marketplace and it is a big player. But last week, Zillow withdrew from the house flipping market and planned to layoff a handful of employees. There are rumors indicating that this action is related to their machine learning based price estimation tool, Zestimate ( https://www.zillow.com/z/zestimate/ ). At a first glance, Zestimate seems fine. Though the metrics shown on the website may not be that convincing, I am sure they've benchmarked more metrics than those shown on the website. There are some discussions on reddit. Anyways, this is not the best story for data scientists. 1. News: https://www.reddit.com/r/MachineLearning/comments/qlilnf/n_zillows_nnbased_zestimate_leads_to_massive/ 2. This is Zestimate: https://www.zillow.com/z/zestimate/ 3. https://www.wired.com/story/zillow-ibuyer-real-estate/