Does every hammer need a nail?
Jim Paolino
CEO @ LodeStar | Closing Cost Expert | Innovating Title Insurance | Serial Entrepreneur & Business Mentor
Blockchain, AI, driverless cars. There is no shortage of new technology poised to completely transform Real Estate and leave us all out of jobs. But is it that simple?
In this week's post, I talk about how we really need to focus in on the problems that needed to be solved as opposed to the flashy new technology.
Technical Product Management Leader
4 年I'm inclined to agree Jim.? Until we think of these new technologies as simply new tools in our toolbox they will mostly remain useful for attracting?wide eyed investors / gold prospectors.? Maybe thinking about boring old concepts in new ways is one way forward.? Things like pricing models, operational innovation, recommendation systems, incremental process automation, and (gasp) business rules, are often ignored in favor of the shiny new thing (IOT, 5G, AI, BlockChain, etc.)
AE @ Luminaries.ai | GTM Full Cycle for Early Stage Startups
4 年Fair point, Jim. I do think that the unbundling of banking, investing, and lending is a needed change. The financial supermarket model isn't keeping up. How AI or Blockchain fits into this momentum hasn't been discovered. I have heard & read about immediate transfers of property without all the processes that occur. The dream is compelling, but far off...for now.