Remove are-computer-programs-biased-or-unbiased
article thumbnail

Are Computer Programs Biased or Unbiased?

Appraiserblogs

Whether or not computer programs are despised or supported depends on the narrative being spewed. Are computer programs good for generating appraisal values but when the narrative is to influence an anti-police sentiment using computer programs is too problematic? Which is it?

article thumbnail

ChatGPT Appraisal Error Sparks Ethics Debate

Appraiserblogs

Could it be because of the racial bias complaint filed against me… Are Computer Programs Biased or Unbiased? Whether or not computer programs are despised or supported depends on the narrative being spewed. Which is it?

Appraisal 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Opinion: The path to modernizing the appraisal process

Housing Wire

Our industry must support and adopt solutions like the Practical Applications of Real Estate Appraisal (PAREA) and allow students to engage in simulated/virtual training programs in every state. Borrowers should always have the opportunity for appraisals to be reconsidered in an unbiased fashion. All people.

article thumbnail

Opinion: A unified approach for reducing appraisal bias

Housing Wire

By combining the power of emerging technologies like artificial intelligence (AI) and machine learning (ML) with a true commitment to diversity at every stage of the valuation chain, we can build a consciously unbiased appraisal system that delivers more equitable and accurate conclusions.

Appraisal 371
article thumbnail

Unequal Opportunity: Addressing appraisal bias is another step toward making housing more equitable

Clear Capital

Before that, the government addressed these issues through housing programs started under the New Deal. ” These programs were designed to address an acute housing shortage by providing affordable homeownership opportunities for American families. But the reality is more nuanced.” Regulatory scrutiny.