AI and REI

[Austin Bull]

As a new real estate investor, how is AI going to change the landscape of this industry?

Also, what niche jobs in real estate (Agents, appraisers, house inspectors, lendors, ect.) are going to be replaced eventually? And what jobs cannot be replaced?

[Mason Liu]

In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies. This will lead to many of the professionals in the same industries who already are not doing that well to fall out of competition and hence be "replaced'. I personally don't quite see any of these positions being completely eliminated due to AI, at least not in the forseeable future.