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!
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This Week’s Musings
With Bing’s AI rollout going less than perfectly, some of the shine came off of AI this past week. Despite this, real estate AI continues to deliver positive headlines. At least for now.
Informative Articles I Read
The Next Hot Housing Market Is Out of This World. It’s in the Metaverse. (The New York Times) - Feels like the NYT really missed the boat with this one. I would have expected to read this in early 2022 not 2023.
The Crypto Native’s Guide to Real Estate Investing (Blockworks) - Nice piece of content marketing by Parcl.
Will AI Disrupt The Global Business Process Outsourcing Real Estate Market? (Forbes) - The always informative Zain Jaffer outlining AI’s pending disruption of a major part of the real estate ecosystem.
Meet The Platform Fundamentally Changing How We Think About Real Estate Investing (Benzinga) - Happy to see my friends at Parcl formally announce their protocol launch.
How AI Will Transform the Real Estate Market (Entrepreneur) - I love the humble brag at the very beginning of this article “As a multimillionaire property investor and trainer”. Who does that?
Podcasts/Events/Webinars/etc. That I Listened To
KoreSummit: Real Estate + JOBS Act + Tokenization = Liquidity (KoreConX) - Multi-day summit on real estate, fractionalization, and opening up investment opportunities in this asset class.
Innovative Companies I Discovered
Compound Banc - Offering real estate bounds for investments starting at $10.
Agently - Increasing agent productivity with AI
People You Need To Follow On LinkedIn
Maxim Grebenuk - Co-Founder & CEO of Agently
Web3/AI Announcements From Proptech Companies
Chime’s Proven AI Assistant Delivers nearly 95% Conversational Accuracy Fueling an Increase in Sales Ready Leads and Boosting Agent Productivity (Global Newswire) - AI chatbot having a material impact for leasing agents.
Random But Important Things I Stumbled On
South Korea launches online metaverse replica of capital city Seoul to improve public services (forkast) - Early days and likely a clunky experience, but then again so was web 1.0. You can expect pretty much every city to have this in a few years.
What Does Generative AI Mean For Your Brand And What Does It Have To Do With The Future Of The Metaverse? (Forbes) - A really useful and informative piece. Had to include these two infographics from Journey.