Real estate agents have to interact with perfect strangers on a regular basis. Agents walk into transactions without any understanding of who these clients are and the inability to have any real knowledge. That's why Forewarn will use big data to bring more knowledge and understanding to the field.
Forewarn is powered by big data company Cogint. Derek Dubner is the CEO of cognit and he joins Cheddar to explain why the real estate industry was so in need of access to big data and increased information.
Dubner says the max an agent would pay for the app and service is $19.99. Forewarn is working with large agencies on package deals to bring the cost down into the single digits.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
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