Brandon Lwowski, PhD

PhD focus AI/ML. Real Estate Data Scientist. Exploring the balance of AI, AVMs and Fairness. Proud dad 👨‍👧‍👦. Running Marathons 🏃🏻and Lifting Heavy 💪🏼

[Brandon Lwowski, PhD @LwowskiBrandon]

Their business has increased their generative AI adoption to automate operations have boost productivity and saved costs and an expected $900 million in new bookings for Accenture's GenAI services. When done right, it can work

[Brandon Lwowski, PhD @LwowskiBrandon]

You often hear about the failures of GenAI, like McDonald's hashtag#GenAI service for taking customer orders or Google's search engine advising people to eat rocks.

[Brandon Lwowski, PhD @LwowskiBrandon]

However, the successes of GenAI are less talked about. When implemented correctly, GenAI can offer significant economic benefits to companies. Take hashtag#Accenture, for example. They anticipate a 1.5-2.5% revenue growth attributed to hashtag#AI and hashtag#cloud technologies.

[Brandon Lwowski, PhD @LwowskiBrandon]

Have to love LinkedIn.

[Brandon Lwowski, PhD @LwowskiBrandon]

Today Lisa Rice from National Fair Housing Alliance delivered a testimony to the "Senate Banking Committee Subcommittee on Housing, Transportation and Community Development" underscoring the capacity of AI to enhance efficiency in housing procedures and facilitate better access to housing information.

She also expressed concerns regarding AI's potential to replicate and duplicate historical bias in the mortgage lending process. My key take away was the importance of establishing regulatory frameworks to guarantee that AI tools adhere to fair housing laws and prevent any violations.

This is one of the rationales behind my advocacy for establishing a standards-setting organization for AVMs and ensuring that AVMs employed in loan origination and the secondary market adhere to non-discriminatory principles and fair lending practices.

1. Limitations of AVMS: https://t.co/kWZykwvwEF

2. AVMs and Minority Neighborhoods: https://t.co/UM8s9ObjcB

3. Accuracy and Fairness Trade Off: https://t.co/LZulZuD8eu

4. OMB Circular A-119: https://t.co/1fGzWKfxdi

5. List Blind Benchmarks: https://t.co/7oCNu155sI

6. Third Party Testing: https://t.co/fREJdsVhtK

7. Proposed Rule Making: https://t.co/YcUlPrYpiq

8. SSO: https://t.co/p58xBl7mQ0

#NFHA #AVMs #FairHousing #responsibleai

[Brandon Lwowski, PhD @LwowskiBrandon]

First video is out on my mini-series called “The Four Pillars of Real Estate Data”. The first video focuses on Quality.

https://t.co/PDO5QsNmtr

#RealEstate #housing #DataScientist

[Brandon Lwowski, PhD @LwowskiBrandon]

Latest Newsletter: "The Risky Path of Overregulation in AI Data Collection: Coming of an AI Dark Age?"

"Today's headlines are constantly filled with buzzwords like machine learning and artificial intelligence, as AI has emerged as a pivotal force driving innovation, automation, and transformation across various industries and sectors. Its significance is immeasurable, as AI holds the power to transform various sectors, including healthcare, finance, transportation, and education ..."

Subscribe: https://t.co/7uELW4IaWh

#AI #Data #Regulation #artificialintelligence #safe #secure #fair

[Brandon Lwowski, PhD @LwowskiBrandon]

New project coming out. Please follow along. My first time recording myself :) Watch the video for more information:

Newsletter: https://t.co/Cy54nKA1FO

#Realestate #Data #Datascience #AI #Housing #Fairness #Pillars

[Lance Lambert @NewsLambert]

Reprice: The average 30-year fixed mortgage rate slips to 7.04%

That's the lowest reading since August 8th

That's a 99 bps decline since October's peak (8.03%)

Spread: 293 bps

[Brandon Lwowski, PhD @LwowskiBrandon]

@NewsLambert Prices would have to come down over 5% in the next 3 weeks in terms of median price for there to be no growth in 2024.

[Brandon Lwowski, PhD @LwowskiBrandon]

2 panels over the last few days at SFR West! Glad to be a speaker on Valuations and how AI is changing the landscape. #sfr #imn #ai

[Brandon Lwowski, PhD @LwowskiBrandon]

As we step into December, the real estate landscape is showing an slight uptick, with median prices increasing over $401,000

Inventory levels appear to have hit their peak for the year. This is an interesting datapoint as encouraging data on mortgage applications continues with lower rates. Continual decrease is expected through out the year and into the spring buying season.

[Brandon Lwowski, PhD @LwowskiBrandon]

As I settle into my seat on the flight to SFR West in Scottsdale, my second real estate conference, I find myself reflecting on the journey that brought me here. It was back in 2016 when I made the decision to leave the teaching profession to pursue a PhD in AI. Many thought I was crazy as I was 26 and already 5 years into my career.

Now, here I am, poised to speak on two panels at one of the largest SFR conferences. My early career has taught me that life's path can lead to surprising and unexpected destinations.

[Brandon Lwowski, PhD @LwowskiBrandon]

@girdley @Chilis

[Brandon Lwowski, PhD @LwowskiBrandon]

@mortgagetruth Home sellers become home buyers, it looks like our inventory has peaked for year and likely continues to decline into 2024. More demand, less homes, prices rising.

[Brandon Lwowski, PhD @LwowskiBrandon]

Couldn’t agree more with Yann LeCun. He recently said …

“Society is more likely to get “cat-level” or “dog-level” AI years before human-level AI”

[Brandon Lwowski, PhD @LwowskiBrandon]

@NewsLambert That 30 year is being so stubborn. Could set us up nicely for 2024 if we continue to see the slow decrease in rates and spread.

[Brandon Lwowski, PhD @LwowskiBrandon]

First marathon this weekend! San Antonio Rock and Roll. 26.2 miles 😰. the hardest thing I’ve done was a 14 mile Spartan race. Let’s see if this weekend tops it. #spartanrace #spartan #marathon #rockandroll

[Brandon Lwowski, PhD @LwowskiBrandon]

When examining the disparities in undervaluation in arms-length transactions, it becomes evident that AVMs can provide a fairer and more equitable approach. What's truly remarkable is that AVMs do not exhibit performance deterioration based on the ethnicity of the homeowner.