Session Descriptions

When Worlds Collide: AI for Appraisal

Tuesday, August 27, 2024

10:15 a.m. to 11:30 a.m.

The emerging fields of artificial intelligence (“AI”) and machine learning (“ML”) have the potential to impact every industry. In the appraisal world, we can utilize this technology to analyze massive amounts of data, combine public and private data to improve insights, or employ Large Language Models to produce a written report in seconds. Join Michael Thomas, Chief Data Scientist with Ketchbrook Analytics, as he explores practical approaches to leveraging AI & ML in ways that can benefit our associations.

Learner Outcomes:

1. Understand the history, applicability and reliability of artificial intelligence.
2. Differentiate between artificial intelligence and machine learning
3. Explain how AI is being utilized in various industries
4. Understand how we can use machine learning models to benefit our associations today
5. Understand how AI may impact appraisers