What I Learned This Past Week - 1.17.23
Is web3 dead?
I’m sharing with whoever’s interested in what I learn as I try to remain clear-eyed about the opportunities for real estate and web3/AI.
Did I miss important news or a great article this week? In the likely event I did, please shoot me an email (mark@hurstx.com) and let me know!
Thank you for taking the time to read REw3. If you like what you are reading consider subscribing to stay up to date on this quickly evolving space.
This Week’s Musings
Somewhere last week I read “AI will not take your job, but a person whose uses AI will take your job.” I found myself nodding at this insight, but upon reflection, this sentence could be used in almost any time period, replacing AI with the cutting technology of the day. The underlying message though, remains the same. If you don’t continually reinvent yourself and learn new skills, you will be passed by. The essence of this is why I started this newsletter, to expand my knowledge and at the very minimum, be aware of the accelerating pace of change within proptech.
Informative Articles I Read
Becoming a chatbot: my life as a real estate AI’s human backup (TheGuardian) - A long article, but it certainly held my interest. I also have a new (and deep) appreciation for leasing agents.
Podcasts/Events/Webinars/etc. That I Listened To
MarketMondays: A.I., Investing, & Mastering Real Estate, with Don Peebles (YouTube) - Not as much AI focus as I was hoping for, but I did enjoy this different perspective from what I typically listen to.
Innovative Companies I Discovered
Unreal Estate - AI-powered home transaction platform matching home buyers and home sellers.
ZestyAI - AI-enabled building analytics platform for the property insurance industry.
SkylineAI - AI-based commercial property investment analysis platform.
People You Need To Follow On LinkedIn
Gal Krubiner - CEO of Pagaya
Web3/AI Announcements From Proptech Companies
Pagaya’s Acquisition of Darwin Homes Powers Premier Tech-Enabled Single-Family Rental Platform (BusinessWire) - Pagaya intends to reshape the SFR landscape, by leveraging its core AI technology and data network with Darwin’s proprietary SFR investment platfrom.
Random But Important Things I Stumbled On
SBF launched a newsletter on Substack! If you don’t want to subscribe (or read) you can check out this video for an extensive analysis.
Price drops on ‘Cryptohouse’ with NFT decor (Cointelegraph) - Price drop from $1.2M to $949K. Not the worst place I have seen on the MLS so I’m sure someone will snap up this 4 bedroom, 3 bath one-of-a-kind gem soon.
AI legal assistant will help defendant fight a speeding case in court (NewScientist) - AI in a court proceeding, you can expect this to spread to job interviews and the like.
