E151 – Revolutionizing Real Estate: How Artificial Intelligence is Changing the Game

Episode:E151
Show Title:Revolutionizing Real Estate: How Artificial Intelligence is Changing the Games, and Automobiles
Cast:Aaron Horne, Patrick Berry, & John McGregor
Show Length:29 minutes 34 seconds

Aaron, John, and Pat explore the intersection of artificial intelligence and real estate. From property valuation to market analysis, AI is revolutionizing the way we buy, sell, and manage properties. Join us as we delve into the latest AI technologies and their impact on the real estate industry, uncovering data-driven insights and discussing the future of smart home technology, virtual reality, and chatbots. Whether you’re a homeowner, investor, or industry professional, this podcast is your guide to understanding the transformative power of AI in real estate.

EPISODE TRANSCRIPT

Aaron
I was only listening to something last night with I was saying crypto was kind of the buzzword of a year or two ago and that’s all kind of come crumbling down. But this kind of dawn of A.I. that is kind of not Terminator or Matrix style, where it’s kind of taking over the world.

[intro]

Aaron
All right, guys, welcome back to the Property Pod, your weekly engagement in the real estate here in the Hobart marketplace. I’m your host, Aaron Horne. And we are back in action at the desk powerhouse Property Pod team John McGregor and Patrick Berry. Welcome back. Martin Evans, please be quiet in the background. He came in this morning just sorry.

Aaron
Anyone that didn’t hear that, Martin Evans, real estate agent here, is screaming from the rooftops. He came in with a very joyous. Hello.

John
Yeah, you just don’t. It was almost singing it.

Patrick
Yeah. Oh.

Aaron
What’s been happening has been like, just like, slammin deals in the last few days.

Patrick
I think he has closed a few deals, so it’s probably on a bit of an endorphin high of the moment. Yeah.

Aaron
Yeah. So normally I try and steer the ship away from real estate in the early days of the podcast to warm myself up and just like talk about the things I know about.

John
But if we were talking about real estate, we probably have a very dynamic podcast.

Aaron
But I want to jump straight in because I think I saw on Friday coming through like the the workplace chat, it’s like five contracts like oh like no, it wasn’t Friday, that was Good Friday. I did like five contracts. It’s like slam down like we like my daily sales like.

Patrick
Yeah, what’s.

Aaron
Happening?

Patrick
I think Wednesday, Thursday we had a tape and then over the weekend I think we had another four as well. Yeah, a break. So yeah it’s been a busy couple of days.

Aaron
So what does what’s this all about. What’s going on.

John
Why that that remind me of two or it’s feast or famine. That’s just how it works. It just like you’ll have these moments of nothing, nothing, nothing. Where you doing all the work? And it’s just a forever grind. And then all of a sudden, it just felt like the waterfall is up. Just.

Patrick
I think as well, you know, whenever you plan to have a couple of days off, that’s when you’re always busy. You break for a weekend, you’re like, Yeah, I’m going to get away and have a little bit of time off and bang. That’s when everyone wants to listen to the house.

John
Yeah, yeah. And listen to your, you know, your focus becomes almost just laser like you know yeah all have days where so.

Patrick
We’re lazy 90% of the time but a weekend away before so.

Aaron
Why don’t you just book holidays every third day.

John
For four day.

Aaron
Week? Yeah. Yeah, we should. Then we should turn it into a four day week. You know, they’re travelling in Norway and all these countries essentially working people buy on that day that you don’t want to be working.

John
Exactly so well we’ll have to flag that is put that next next hour.

Aaron
Speaking of feast or famine, all I could think of was how appropriate for the Last Supper across the Easter weekend that, you know, feast or famine with famine turned into a feast. And if I keep saying feast or famine, one of you will jump on board. What I’m saying totally understand.

Patrick
The host is waiting to see where this is go.

John
I was trying to find it.

Aaron
I was just I just want to find out about your Easter, basically. Tell me. I know you went away, Pat. I wanted to know. See how now I’m diverging away from real estate to try.

Patrick
Back to where you.

Aaron
Actually, I want to be so sure.

Patrick
I did go to the lovely town of St Helens.

Aaron
Nice. Yeah, very nice.

Patrick
And the best bit about St Helens around the Easter period is it is chokers. And so therefore the Internet doesn’t work. Therefore your phone does not work. So regardless if I any deals to do John not good next system anyway.

John
Delegation.

Patrick
Because whatever is going on up there the phone system can not handle the inflexible oh.

Aaron
I was yeah I was up the East Coast as well across the, the Easter weekend and the same thing happened and it happens at Christmas. And Easter seems to be all the people on the East Coast of there. People are trying to access their phones and the Internet. Just the locket, which I actually really like. I really enjoy it.

Aaron
There was a few times where I was playing with Jack, my eldest, and I was just like, I’d probably by now I would have normally like picked up my phone and looked at it for no apparent reason. But I was like, I’m in, I’m in the zone. Like, this is way more fun. I wish this didn’t work all the time.

John
When I’ve got read it on my phone. And that that place is just that rabbit hole, like just sick and it starts. And that’s the problem about the phones now, like with all the different sites that geared just to just like absorb your entire attention and all of a sudden 10 minutes goes past like, holy crap. Like, I just completely lost who I was for a minute.

John
It’s almost like a time jump. So you got a time jump?

Patrick
You can’t.

John
Feel too guilty sometimes when as you actually just jump into an air force of habit and boom, all that time is gone because it’s just all of its geared to like capture your.

Aaron
Attention. Yeah, well that’s an actually really interesting way to kind of spin into what we’re talking about. It sounds like we’re kind of negatively discussing technology, but what I kind of wanted to jump into was the way AI is shaping. It seems to be the buzzword of this year. I was only listening to something last night with I was saying crypto was kind of the buzzword of a year or two ago and that’s all kind of come crumbling down.

Aaron
Yeah, but this kind of dawn of AI that is kind of not Terminator or Matrix style where it’s kind of taking over the world just yet please don’t hurt us overlords as I look up to the computer screen to say if the camera’s on me or you. It’s just really interesting, though, the way that artificial intelligence has kind of come into our world.

Aaron
And in 2023, I know there’s been early forms of it, and I know you can talk to kind of what we are experiencing, where they are at the moment, and and kind of the idea of it’s not a big mega computer that’s kind of now going to take over.

Patrick
AI scares a lot of people because I think it’s going to replace jobs. I think people are basically screwed and that the robots are only a week away from taking over. Yeah, but what we actually got is what they call Narrow Alpha, which basically means that they can do tasks, but not as good or as efficient as what a human can do.

Patrick
So every bit of high tech out there at the moment is in the narrow field of AI. Now, they believe that it can get to what they call general AI, but generally they still believe it’s a long way away and in super and general AIS where AI and humans are competing on the same level and then super. I don’t even know if that will ever exist, but that’s where AI is more intelligent than humans.

John
And so with that too, that would mean that that the AI is actually implementing the work isn’t it. Yeah. Replacing the human. Yeah.

Patrick
So you know super AIS your terminator scenario where the robots control iRobot. I was thinking of last night when we were talking about.

Aaron
Oh forget about AI one. Yeah. Will Smith and yeah.

Patrick
Well Feelings what’s that other one. Where they true crimes where they stop the crimes before they happen. Oh minority reports say there’s lots of well they weren’t AI they probably jumped off there. They were.

Aaron
Just not. Yeah they were. Yes that was a bit different but still based on like the Philip K Dick ridings of sci fi of this idea, which was years and years in the past, like way back when they Sci-Fi concepts of, you know, a communication device that you could carry around with you was kind of this amazing thing that people thought of.

Aaron
Now it’s like if you keep my one year old literally knows how to squeal on his phone and and do all the things getting.

Patrick
Off topic here but back to Minority Report.

Aaron
Yeah I’ll talk about our robot all day baby.

Patrick
I do love the tech in that that didn’t exist at the time. And the one that I always remember is when he’s walking through the city and all the ads are aimed at him. Yeah, like he’s all the billboards are just ads to him and what he’s interested in and oh my man, they actually had an idea. It was like Simpsons, like, yeah.

Aaron
No.

Patrick
Science future before came a future.

John
Yeah.

Aaron
Just, just to go into that Spielberg who made that film, literally went to a futurist and said, you know, like, what’s coming down the pipe? And they did so much work into even all this swap technology and stuff that they do with the computer interfaces isn’t exactly the same as what we have, but a bunch of stuff is touch screen a bunch of the way that all of the automated cars are working and stuff is by not too far away from what they’re thinking.

Aaron
And the targeted ads was a really big one was what we get on our computers now marketed to us is all these targeted ads. It’s the exact same thing where it’s they’re walking through it says, Oh, this is Thomas Anderton bomb. You’re interested in this. So yeah it’s it’s not so far from the future even story.

John
Shakespeare got it. So you only see a specific image as well. And that’s been slowly starting to be implemented, which is crazy.

Patrick
Yeah. So, Minority Report, great movie. Yeah.

John
Yeah. I just want the one day for computers to actually feel and look as cool as they do in movies now. I said no one ever uses a mouse unlike the Windows or Apple desktop. I thought that was like the only use keyboard and talk really quickly.

Aaron
Well it’s like we’re we’re diverging here about like well, your kids know about your kids I’m thinking of the way that they can use the computers and stuff like you, son. Yes. They said, oh, computers are so hard to use that. But if he loves the tablet, like he knows it’s not using a mass, it’s using your finger.

Aaron
My son will be, you know, trying to touch my laptop screen. It’s not a touch screen. And he’ll be so confused being like, well, why is not doing the thing I want?

Patrick
It’s been agony my daughter because she’s not a great reader at the moment and we’re trying to help out. She’s like, Why do I need to write? I can just talk to my computer. Yeah, yeah, tell it what I needed to do. And she does. She literally presses the microphone and just speaks to it and then it brings back the results that she’s after.

Aaron
Yeah, exactly.

Patrick
So her argument is I don’t need to learn to read.

John
It’s a pretty hard argument to get out of to go. So you’re going to need this for your life is like, why?

Patrick
Why?

John
It’s like, look what? Everything’s happening exactly as I needed to with that.

Aaron
But if you go back to when we’re at school, the idea of a calculator, it’s cheating. Like if you had a calculator in maths class, it’s cheating. Whereas now the teaching is, Oh, you don’t know how to solve it. I go to a calculator at all, it’ll help you. So it’s all adapting to the times and being able to move forward with what that generation is going to use, which is where kind of this is stuff coming into real estate.

Aaron
It’s really interesting is you guys have worked in a time when you know you’re writing all your own property text or you’re doing all the tasks that it takes to list a property. A bunch of that stuff can now be automated through this kind of machine learning. How is that opening up your time to kind of maximise your clients?

Aaron
Well, needs.

Patrick
It’s really interesting the way I see I it’s a tool to help us have better conversations and offer a better service to our clients. Yeah. It’s never going to replace us and our knowledge that we have, but it can give us the information faster. Then we can have a better, more detailed conversation to help people better understand their own needs and circumstances.

Aaron
Yeah, for sure. So all these kind of data being crunched together at once can then shoot out a result that says, let’s go this way.

Patrick
And we use a bucketload of different AI products here for one, for nerd at heart. So I’d love to buy a robot wherever I can get one, but some of the ones that I think are really cool that we are using is like if you look at our website for one for Scandinavia, we have a what is your home worth calculator?

Patrick
And that’s in conjunction with our pay data where you can just type in your address of your home. Yeah. And then app data will give you a destination as to what the home is worth. And we’ll even give you a indication of how confident it is with its result. So it’ll say low competence, median called official confidence. Yeah.

Patrick
And it does that by searching the Internet, finding recent sales, looking at market trends from companies like the REIT that you love John, to say, you know, is the market going up in that area? Is it going down like it’s madness, the amount of data it has access to to be able to give you a rough idea of what the home is worth?

Aaron
Yeah. So what would kind of talking about in this AI space currently is the ability for the the machine to go and access all that data collated together in a quick way. Like you guys could be crunching all these numbers, sitting at your desk, doing it manually to kind of work it out. This is of checked this suburb and it’s worth all this.

Aaron
This is kind of this instant feedback loop of here’s the stuff and we can now present it to yeah wow vendor or.

Patrick
I think John and I started what would it be about half an hour to 50 minutes, you’d probably spend researching the property maybe even longer.

John
Only because the yeah. The information wasn’t so readily available for sure.

Patrick
Yeah. But you spent, you spend a lot of time looking at graphs and trying to better understand what suburbs were doing. I’m looking at recent sales now. You can just click a button and say What is Mona doing? Yes, spit out all the data and say, Mona is trending upwards, downwards. It’s neutral, but it’s just amazing how quickly you can get access to that information.

Patrick
Now and laid out really clearly so you can interpret it and understand it better.

Aaron
Yeah. And then basically be able to relay that to the people that you need it to all kind of. Yeah, I’m looking for an instant process. Oh well the data I’ve got is actually three months old. I can’t actually tell you what the market is doing alignment. Whereas you can be getting this up to date, is that correct?

Patrick
Yes. So that’s it. So the data we get access to tends to be a few months behind because I need the sale to be recorded and then logged in the data back out. Yeah. So in markets that are shifting like we’re experiencing at the moment, prices that are being spat out on these automatic systems aren’t always necessarily.

Aaron
To the to the day and date, but they’re.

Patrick
Not. It gives us a starting point for us to then go and refine it to a better answer so we can then look at that and say, Yeah, that would have been correct six months ago or three months ago. Yep. And now the market doing this. So let’s take that price and adjust it to meet where the current market might see it.

Aaron
These are really cool point because this is kind of where my next venture into a bunch of these, our tools are really handy tools and I get you kind of 90% of the way there.

Patrick
But that’s very human aspect.

Aaron
Exactly. So it’s still important because there’s a bunch of tools that I’ll use that will help me out and I’ll just be like like I’ve got, for example, in my side of the fence doing a bunch of digital styling and kind of making a place look nice. There’s these I kind of it’s like a content to where Phil will call it, where it’ll basically take the image, it’ll have a room that’s full of items and it can it’s only in kind of a beta testing mode at the moment, the one I’m using.

Aaron
But basically it’ll anticipate what’s behind there based on like, you know, looking at the wall or the colour of it and it’ll fill it in.

Patrick
Like remove an item and.

Aaron
Remove an item out of the space to make an empty room, which I can then put the digital furniture on top of.

Patrick
An example for listeners might be I’m imagining where we’ve got a room out and in the corner there’s a pile of boxes because a tenant, Scott, you know, all that stuff stacked.

Aaron
Up or the dirty washing that didn’t get moved, didn’t really want to touch the person’s undies. So I was just like, I’ll remove that in the computer later. There’s now tools that are using machine learning to work out, Yeah, this is the corner of the room. I can remake this in the computer and it’s there’s a bunch of this double diffusion.

Aaron
We could really go into how it’s happening, but essentially it’s trying to recreate what it thinks is there.

John
Yeah. Yep.

Aaron
And it’s 90% of the way there. Then I’ll have to go in and touch it up. But it’s getting better weekly each time I go back and test this tool. Mike Oh, I couldn’t do that last week. Like, yeah, that’s how it’s learning. Yeah. The, the tricks of the trade. And then there’s also ones that I’ve seen where, when I’m editing photos, if I do it enough and put enough input in and I can learn my editing style and then kind of recreate a bunch of those edits.

Aaron
Yeah. So all these little tools are kind of making a bunch of the time suck I’m tasks become way, way easier and then you can focus your time on an on kind of more productive things like.

Patrick
The one I hate is property text. Absolutely hate writing property tax and everyone would have heard or most people now would have heard of chat GPT and that thing has just game blown up. Like I’ll be honest, it writes some absolute rubbish sometimes. But Elise, what I found when I use that to write my property tax is I used to get stuck in a loop.

Patrick
I don’t know if you have experiences, John, where I would if I’m writing property tax, I’d look back at the last ten properties I write and most of them sound pretty much the same. I’m just replacing three bedrooms with two bit. Yeah. Plan living with separate loungeroom lot. But the actual flow of the story was always relatively close.

Patrick
Where I’ve chat jpt it gets a lot of stuff wrong back to that 90%. Yeah aspect. But it helps me make the story sound different every time, so I will tell it. I want you to aim it towards an investor for me because that’s what I think is best suited. Yeah, you know, write me a script and then all I have to do is just go back in and fix the little bits that don’t make sense.

Patrick
Yeah. So when it thinks it’s got three bedrooms and it’s actually for veterans, I just have to go tweak that or you know, sometimes it might say beautiful views of hilly countryside and it’s in the dead centre of the city. Like it just make some things up because it doesn’t know the answers. I mean, you just got to fix those bits.

Aaron
Yeah. So that all comes down to the prompts that you’re putting in and kind of refining the prompts of, you know, you could say something along the lines of using your old address, Tambuwal Crescent Place, search table, crescent set number and find previous data and extrapolate on that and write a property text for me. So the more you refine the data into the prompt, so this is where it comes really interesting into a good age and then a lazy agent is you could literally take the one that it’s spat out originally, put it out live just because just like I’ll just say better said it was this and then you get an all these cosine

Aaron
or where’s the fourth bedroom or where’s the beautiful mountain views? Whereas if you’re a good agent, you’re taking that time to then be like, okay, yep, I’ve used a tool to get me 90% of the way. Get me started, get me started. Now let’s maximise my time by fixing up that little bit. This could have taken me an hour in the past.

Aaron
It’s taken me 2 minutes to get to here. Now it’s taking me the next 10 minutes to fix up that.

Patrick
Little bit and make it perfect.

Aaron
Make it perfect.

John
Well, that’s I suppose the the last 10% with a human involvement needs to come in and forever all specifically, which is ultimately to, you know, bring two parties to assist in making a decision to move forward with a sale of a home or deal or, you know, lease or whatever. Yeah. So like go back to the the data examples is goes that what’s the biggest website in Zillow.

John
Yep, Zillow. I know we’ve talked about it a few years back now I suppose where they tried to use the AI assisted process price and then from that you could just do an instant deal. So just to sell.

Patrick
Your house, 2003 clicks.

John
They lost hundreds of millions of dollars because what what they said was in real estate’s a unique aspect because it zeroes down almost to the street level, you know, and also then I then on street level condition doesn’t have use, etc.. So there’s such a human element involved in the purchasing of real estate because obviously we’re living in it.

John
And there’s examples where I two that come to mind just recently because a couple that hadn’t sold for, you know, a couple of decades, one of the guy was a car salesman and I just had to go, what do you you know, how do you SEO role in you know, in this what what do you see differently that just sort of palmed off the fact was look all you all you young guys even that’s nearly 20 years in this game.

John
Yeah.

Aaron
Just using that is bizarre. You say that it’s like, yeah, we’re.

Patrick
Young guys.

John
So but he but then he’s like all you just using all the data and stuff like that, whereas, you know, taking the human element out of it. So in their, in their part, like using all that information wasn’t going to help them. That’s that wasn’t how they were going to, you know, assist them in making a decision. And then there’s another, you know, there’s other people will find that it’s that analysis paralysis where he’s like, Oh, but the data set, all this is not I said all that is like, yeah, that no because he wants that the be able to say no that’s the you know I guess for I see all the you know

John
this implement it is information that why they are roles works as spouses and enabling us to assist in to get back into that human interaction ultimately which is where we can help and have an influence. Yes.

Aaron
I think I think the key thing at the moment and be really interesting like how it grows and and gets bigger. But the key thing is to see it as a tool that can assist you guys in the industry perform your job. Better not to be scared I guess is like the idea of like the mobile phone coming in or the internet coming in and it really disrupting everything.

Aaron
This isn’t like the hugest disruption where like now you just click on the three buttons like Zillow and a Terminator comes and says, Your house, like Arnie, shows up and he’s just like, I’ll be back to sell site here. Sorry, I couldn’t help myself. I thought of it earlier. I’m going to. I’ve got to drop it in some way.

John
Deal with this. Yeah.

Aaron
Come with me. If you want to sell. But it with the contract. Oh yeah. No, no, that’s even better. Yeah. It, if you see this as a tool that can help maximise your time, like if the data can analyse, these are the hottest leads of the people interested in the property. They’re the ones to call first. Rather.

Patrick
That is a really good segway when you start to look at client engagement and how you can use AI as well. So yes, real estate dot com is one of the companies we use and most consumers wouldn’t be aware that ARIA actually ranked them.

Aaron
Yes. Based on their.

Patrick
Four and.

Aaron
Five years.

Patrick
So when we get an enquiry from somebody, we can actually look at their ranking and make an assumption on how serious a buyer they are. Now, obviously, once again not guaranteed, but I actually use this tool heaps. When I saw it last year, I was really strict. The market was very busy. A year ago we were selling things, but within a couple of days, weren’t we?

Patrick
Most times John and I said to my dad, I’m doing the open home on Saturday. You can only bring people through early if they have a score of seven or higher on real estate Dotcom’s results. So I was happy if they couldn’t make the open home and they wanted a private inspection, if they had a high RIAA score.

Patrick
But if they had a score of one or two and they wanted an early inspection, I was like, not, yeah.

Aaron
I can wait till the.

Patrick
Open and hope. And so I use that to qualify my buyers as to who I was going to let. Now, I could obviously do that because I’ve got access to the general. Well, but, but, but it’s an interesting way to to look at how, you know, you can decide on someone’s value.

Aaron
That’s a that’s a perfect reason to use an agent who is willing to use some of these tools, like rather than just being like, Oh yeah, I’m the agent that does it. Boots on the ground. I still put all the letterbox drops and do all these things that we did 40 years ago. If you’ve got an agent who can kind of maximise their time and be like, Oh yeah, I’ve got hot leads, cold leads, I’ll still deal with the cold leads.

Aaron
I can come to the open home. But if I if the data says this guy’s likely to buy a place in the next three months, why wouldn’t you be nurturing that relationship over the ones that aren’t those one? So it’s using it again as a tool to maximise your time and get the most out of your agent and the sale of your property.

Patrick
And definitely and look, the reason why I was really keen on ranking my buyers before choosing who got to come through and who didn’t get to come through was that for a lot of vendors? It’s stressful certainly in house and you don’t want to have to get it ready 50 times next week. And Abby was like stickler, perfect.

Patrick
Like everything had to be. Mm.

John
Perfect, which is great.

Patrick
Which is fantastic. But it meant there was a bucketload at work every time we wanted to show somebody through the house. So in an ideal world, we would have just ran the open home. Everyone come to the open home and be done with it. But there was a couple of buyers that could make it. Yeah. And then we had to make a decision.

Patrick
Do we let them in early? Because that’s going to add extra pressure to us, extra work. And at that time, we’re in a market where, you know, we probably didn’t even need to show them sorry, because somebody would have come to the open and bought it anyway. Yeah. But yeah, it was just a way for us to make sure that we, we didn’t feel like we were wasting our time preparing the house for showing.

Patrick
Yeah. For somebody who was going to walk in, walk straight back out 2 minutes later.

Aaron
No, but look, it’s the power of taking that data, interpreting it in the way that needs to be done. And yeah, I guess it’s such a broad topic, this I think, and there’s so many different tools that are popping up and they seem to be popping up on the rig. Are there any other ones that you want to talk to, Pat or John, before we kind of wrap up today?

Aaron
And I was I was going to Ninos Pop together, a really good blog about a bunch of the tools. And I was kind of going in and adding my $0.02. We’re kind of collaborating on this thing. I’m like, I don’t I’m so sorry. I’m like, I’m Frankenstein. This is. But he’s like, Oh, no, Amanda, you’re passionate about it.

Aaron
Like, it’s something that you’re you doing all the time. So.

John
Well, there was one I watching a video about why I generated Art Can’t Do Hands yet, which I thought was really fascinating. And I think it’s maybe it’s a good book in to it because it’s that thing where go back to your examples of rooms like there are so many photos of rooms and archives of rooms of what rooms are technically look like.

John
Yeah, what a clean sink to technically look like, but the problem is that archiving hands is incredibly complex because every little thing is just so dynamic in the way that your hand moves.

Patrick
So people are watching. Yeah, there’s like.

Aaron
And hand people as well, you know.

John
There’s no like, what’s hand look. Yeah, okay. But how should a hand hold the phone? So that’s why when like in theory that’s like a small archive for the eye to draw from. Yeah. What, what is a hand. But it has, it can’t conceptualise how a hand actually works.

Aaron
Unless you’ve put in the prompt like holding the sign with the fingers wrapped around. Like if you’ve been really specific about it.

Patrick
And it’s fascinating, you talk about hands because Aaron and I were playing with this unicorn on a car racing. We sure lands really weird, but there was a nineties real estate unicorn and we had giving the thumbs up laying across the car was our prompt for the guy. Yeah. And the hand was what you that’s say.

Aaron
I was rebuilding. Yes.

Patrick
You were in using vector drawing to recreate its hand because it just looked a bit janky. So it’s very interesting that you point out that because that’s exactly what we experienced when we created that little Unicode mascot last week using that.

John
I see. So that’s the thought, I suppose with the is there a barrier that technology will never be able to cross of the human experience? And is that a means that no matter what, it will always depend on each other to.

Patrick
Well, I guess we’ll have to re bridge this topic in episode 750.

John
Yeah.

Patrick
Anyway.

John
Yeah. Yeah.

Aaron
Well the interesting thing is the last thing I wanted to bring up was I think it’s 11 labs or something where it basically can create really good voice models. So essentially we could train a voice model into doing a poll, doing a podcast for us by episode 700. We won’t even be in the studio. Maybe it’ll just bay.

Aaron
And I think eventually we’ll be able to train it to be like like Aaron Try and stay off topic. John Well, talk around a topic.

Patrick
I’ll add one more scary AI fact into the system as well. Last week there is an AI company that just signed with one of Hollywood’s largest management companies for deepfake and voice recognition. Yeah, that celebrities will no longer need to do paid gigs to sell products. The deepfake and the voice locked from A.I. will just create it for you.

John
You’re paying for their copyrights to that, right?

Aaron
So yeah, I remember that being really bad. Bruce Willis won at the that Russia did and he was just like, whatever next thing.

Patrick
So this is coming. So the celebrities we had to make more money with doing less work.

John
Yeah.

Aaron
Paul Walker in Fast ten. I’m putting it out there. Putting it out there now. I bet they bring him back to.

Patrick
See how they bring him back.

Aaron
I bet they bring him back down, Larry. He’ll be there at I reckon they’ll be time travel this time. I actually feel like they’ve gone to space. What’s the next thing they do? They’ll go back in time.

John
But the end.

Patrick
Is not going to get pulled back.

John
Somehow you know, that actually referenced the fact that we never say never seem to die like yeah actually just just point it like this is just not.

Aaron
I don’t know, like it’s called jumping the shark anymore. It’s just like anything can happen in the fast universe.

John
So I think at least it’s, it’s okay for it to do. It’s just like, look, how can we just keep pushing the boundaries knowing that this is just bonkers? And I think that’s what works is just that we’re going to keep rolling with this, is that obviously ten will probably be where it cuts off, I suppose, at this point.

Aaron
But I believe they they say this is an important to the podcast. But I believe they say 11 is the end of it.

John
Well, maybe, maybe 11 might be credible.

Aaron
It could be down the guy fast ten written. It probably is written by by anyway already. Well look, I love talking about this stuff. I could probably continue to do it for the rest of the day. If anyone wants to contact the probably part and discuss any of these tools with us. Happy to do so man.

Patrick
You’ve got a tool you want us to prompt and use. Yeah.

Aaron
Yeah, we’d love to do that too. Oh, we’re going to get that social radio on that. Yeah, of course. Right. That’s just prompted me. They got. Thank you anyhow. Yeah. Episode 151 next one we might write the whole episode with I will say what.

Patrick
Oh well that would be something.

Aaron
Yeah. Shout out to all our listeners. Shout out to everybody out there in the real estate world. And thank you for joining us along the ride.

Patrick
Thanks, guys.

Aaron
Say bye.