| ▲ | DonsDiscountGas 3 hours ago | |
That statement makes sense for Eric Schmidt but not the random real estate executive. I'm pretty sure they're just taking their anger out at the nearest target | ||
| ▲ | 12_throw_away 3 hours ago | parent | next [-] | |
lol the real estate executive celebrating how they've using "AI" to destroy the housing market is maybe not just the "nearest target" | ||
| ▲ | smallmancontrov 3 hours ago | parent | prev [-] | |
Before GenAI came for their jobs, real estate was more extractive on the younger generation and it wasn't close: the median financed phone is $30/mo while median rent is $1500/mo. We generally find RE less interesting here because it has a scale ceiling and low returns-to-intelligence (compare Elon Musk to Donald Trump) but it's the oldest hustle and it never went away. | ||